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According to La Cámara Nacional el Hierro y el Acero (Canacero) Mexico ranked 15th as a world producer of crude steel in 2021 and generated 672,000 direct and indirect jobs, with an investment of $14,461 mdd in the last 10 years, that is, from 2012 to 2021. A total of 18.5 million tons of crude steel were produced in 2021, a figure that represented a reduction of -8.3% compared to the record…
The opening of the energy sector in Mexico has generated the interest of the main companies in that sector in Italy. This was acknowledged by Italian Prime Minister Enrico Letta, during his official visit to the country, after signing agreements to boost bilateral relations. "The opening of the energy field is, without a doubt, one of the most important sectors of interest", said Letta after…
In Mexico, spending by companies on capital goods and infrastructure grew 4.6% at an annual rate in January, above analysts' forecasts, which could be stimulated in February and March due to the lower cost of imported machinery as a result of a strong exchange rate. Alejandro Cervantes, an analyst at Banorte-Ixe, stated that " investment in machinery and equipment will most likely present a…