Cemex reported that it will continue to invest in its Urban Solutions business, which grew almost 15% in 2020. The company is one of the largest cement companies in the world, according to annual installed cement production capacity. As of December 31, 2020, Cemex had 91.5 million tons
Gerdau announces the merger of its subsidiaries Sidertúl and Aceros Corsa, which must be approved by the Federal Economic Competition Commission (Cofece) of Mexico. Through a statement, Gerdau S.A. and Metalúrgica Gerdau S.A. (collectively, the “Companies”) inform their shareholders and the market in general that on August 18,
The European Union, the United States and Russia were among the top exporters of mining products in 2020, the World Trade Organization (WTO) reported. They were followed by: the United Arab Emirates, Saudi Arabia, Australia, Canada, China, Brazil and the United Kingdom. During 2020, precious metal prices continued
Canada‘s renewable energy accounted for approximately 66% of total electricity generation in 2020. Canada’s total installed electricity generation capacity is approximately 145 GW in 2017 (the most recent figure available). According to the commerce.gov, the latter figure is projected to reach 170 GW in 2035. The total electricity
The Ministry of Economy of Mexico reported that it will prepare an Official Mexican Standard (NOM) on antibacterial gels against Covid-19. The announcement was made by the government through a publication in the Official Gazette of the Federation, with the arguments described in this note. First of all,
The United States Department of Agriculture (USDA) projects that Mexico’s beef exports will reach 370,000 MT CWE in 2022, an increase of 10% year-on-year. The reason? Strong demand for exports to Asia and the United States. Globally, Mexico is the sixth largest beef exporter in the world. It