Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Mexican mining and metallurgy production increased by 1.6pc in March 2021, compared to the same period in 2020 according to the National Institute of Statistics, Geography, and Informatics (INEGI).


The country’s total mining production experienced an increase, INEGI indicated on Tuesday, led by non-coking coal, which grew by 54.2pc, to 432,757mt in March 2021 from 280,691mt in the same month last year. Mining of iron ore pellets increased by 4pc to 497,150mt in March from  478,088mt in the same month of 2020. 


On the other hand, copper production fell by 7.3pc, from 43,514mt in the third month of 2020, to 40,350mt in the same period this year. The same happened with zinc, which fell to 36,308 in March 2021 from 43,683 in the same month last year, a decrease of 16.9pc.


Mining and metallurgy production in Mexico also declined by 5.5pc on a monthly basis in March, INEGI noted.

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