Grupo Simec operates 15 steel factories in the United States, Mexico and Brazil, with net sales of 35.9 billion pesos in 2020. Namely, those facilities are state-of-the-art steel fabrication, processing and/or finishing facilities. With this, the company has a combined annual crude steel installed production capacity of 4.8
Americans have maintained a growing trend in the consumption of Mexican cucumbers since 2015, according to data from the Ministry of the Economy. Indeed, Mexican exports of fresh and frozen cucumbers and gherkins went from 420 million dollars in 2014 to 648 million dollars in 2020. Throughout this
The USTR and the United States Department of Commerce asked Mexico to review the case regarding alleged violations of freedom of association in an auto parts plant of the Tridomex company installed in Matamoros. On May 10, the AFL-CIO and other groups filed a request for a rapid
The peso closed the session with a moderate depreciation of 0.10% or 2 cents, trading around 19.73 pesos per dollar, with the exchange rate touching a minimum of 19.5987 pesos, a level not seen since January 21 and a maximum of 19.7893 pesos. . Peso The performance of
Mexico, followed by the Netherlands, Spain and Morocco, were positioned as the main exporters of tomatoes in the world in 2020. Only three countries exceeded 1 billion tomato exports: Mexico (2,610 million), the Netherlands (1,915 million) and Spain (1,070 million). After the potato, the tomato is the second
The United States broke a record in its natural gas exports in 2020, the Energy Information Administration (EIA) reported. Despite an annual decrease of 2% in the national production of dry natural gas, both the consumption of natural gas by the electric power sector in the United States