You are here: Home > Steel News > Latest Steel News > Iron...

Iron ore imports to Mexico grow 110 percent in February

Thursday, 25 April 2024 22:54:32 (GMT+3)   |   Mexico City
       

The value of iron ore imports to the Mexican steel market increased 109.5 percent in February, year-over-year, to $38.5 million, the fifth consecutive annual increase, according to a SteelOrbis analysis of data from the national statistics agency Inegi.

In the accumulated period of the first two months of the year, $55.0 million were imported, a figure that represented an increase of $26.0 million or 90.1 percent compared to the January-February 2023 period.

At the beginning of 2023, the integrated steel company Altos Hornos de México (AHMSA) went into paralysis due to insolvency and stopped producing steel and also paralyzed the extraction of iron ore.

 


Similar articles

Brazilian high-grade iron ore price increases from last week

04 Nov | Scrap & Raw Materials

Daily iron ore prices CFR China - November 4, 2024

04 Nov | Scrap & Raw Materials

Australia’s Mineral Resources reports higher iron ore output and sales for Q1 FY 2024-25

04 Nov | Steel News

BHP Billion partners with ABB to support decarbonization efforts

04 Nov | Steel News

Major steel and raw material futures prices in China – November 4, 2024 

04 Nov | Longs and Billet

Brazil Iron plans investment in $5 billion iron ore project

01 Nov | Steel News

Daily iron ore prices CFR China - November 1, 2024

01 Nov | Scrap & Raw Materials

Canada’s Champion Iron plans to commission DR pellet project in H2 2025

01 Nov | Steel News

Fortescue CEO: Australia may lose leader position in global iron ore market

01 Nov | Steel News

Major steel and raw material futures prices in China – November 1, 2024 

01 Nov | Longs and Billet