Mexico‘s auto exports stopped growing in 2020 after three years of expansion, according to data from the Ministry of Economy. For all of 2020, the contraction of auto exports was 20.4% year-on-year, to 40.495 million dollars. Overall, the Covid-19 pandemic negatively affected the global economy beginning in the
Valero Energy Corporation will put into operation the expansion of a diesel plant in the United States in 2021. The plant is owned by Diamond Green Diesel Holdings LLC (DGD), an alliance between Valero Energy and Darling Ingredients Inc. DGD began an expansion of the DGD Plant in
The peso closed the session with an appreciation of 0.96% or 19.8 cents, trading around 20.53 pesos per dollar, with the exchange rate touching a minimum of 20.5055 and a maximum of 20.7666 pesos, ranking as the most appreciated currency in the broad basket of main crosses, followed
Ternium reported on Tuesday that it had a 9% year-on-year decrease in its steel shipments in 2020, to 11 million 360,000 tons. Today, Ternium is the main flat steel producer in Latin America with an annual crude steel production capacity of 12.4 million tons. Through subsidiaries in Mexico,
Mexico‘s corn exports increased 6.7% in 2020, to $ 271 million, according to statistics from the Ministry of Economy. Like wheat and rice, corn is one of the most important cereals in the world. The cultivation of corn had its origin in Mexico, from where it spread north
Imports of forklift trucks in Mexico fell 29.2% year-on-year in 2020, to $ 393 million. Also forklift trucks are called forklifts or forklifts. Between 2016 and 2010, the average of forklift truck external purchases in Mexico totaled 422 million dollars per year. This vehicle is a powered industrial