Mexican auto industry expected to "gradually resume" in May, Ternium says

May 01, 2020 / www.metalbulletin.com / Article Link

Latin American steel group Ternium expects the Mexican automotive industry to "gradually" restart operations in May, chief executive officer M??ximo Vedoya said on Wednesday April 29.

Automakers in Mexico have stopped operations since late March because of the spread of Covid-19.
"The automotive industry's value chain in US and Mexico is highly integrated and it demands synchronized production in both sides of the border, so reopening operations is important to both countries," Vedoya said.

Most companies supplying auto parts producers have been announcing a restart of operations between the first and second weeks of May, according...

Recent News

Gold stocks decline on flat metal and mixed equities

October 07, 2024 / www.canadianminingreport.com

Copper price expected to range from flat to slight gain in 2025

October 07, 2024 / www.canadianminingreport.com

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok