The steel industry and mining maintained a trend of consolidation in the world during the last three years, ArcelorMittal pointed out. ArcelorMittal is one of the world’s leading integrated steel and mining companies. The company is also the largest steel producer in Europe and one of the largest
China continues to drive global market demand for seaborne bauxite as a result of stricter environmental measures and the depletion of domestic bauxite, according to the Rio Tinto Group. The company said a month ago that it expected overall global demand for aluminum to improve in 2022, but
Victoria’s Secret, an American lingerie, clothing and beauty retailer, earned 31% of its revenue in 2021 through the digital channel, a portion that represents 2,114 million dollars. The channel includes sales derived from their websites and mobile applications. For this company, which puts on an annual fashion show
ABB, a Swedish-Swiss multinational corporation, is investing in China in the construction of a new flexible automated robotics factory and also in the purchase of a previously leased major property. But the company‘s capital expenditures in 2021 remained focused on mature markets, reflecting the geographic spread of its
Brazil, the largest economy in Latin America, has carried out six outstanding legislative reforms in recent months, according to the country’s own government. First of all, the law that authorizes the privatization of Eletrobras entered into force on July 12, 2021. The purpose of the privatization is to
Fresh del Monte Produce generated 12% of its net sales in Asia in 2021, an increase compared to 11% in 2020 and 10% in 2019. The company distributes its products in Asia through direct marketing and large distributors. Its main markets in this region are Japan, South Korea,