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

Mexico’s mining production was driven by higher demand from lead, zinc, and iron ore in October. Production for the month increased by 1pc this year compared with the same month last year.


Lead production increased by 22.7pc in October to 11,649mt, zinc output increased by 12.2pc to 35,056mt and fluorite production was up by 4pc to 91,784mt, according to figures released by the National Institute of Statistics and Geography (Inegi).


Iron ore pellets production also increased by 2.9pc in October to 539,720mt and sulfur output rose by 2.1pc to 32,653mt. On the other hand, coke production dropped by 15.9pc to 80,056mt, cast declined by 9.6pc to 501,065mt, copper decreased by 8.4pc to 36,048mt and non-coking coal output fell by 0.1pc to 636,345mt, Inegi reported.

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