Due to the insolvency-based idling at AHMSA, which has one of the large mining complexes in the country, the value of Mexico’s iron ore imports increased 49.4 percent in August, year-over-year, to $58 million, a historical record for the month, according to a SteelOrbis analysis of data from the national statistics agency Inegi.
The value of iron ore imports in the January-August period totaled $286 million, 0.4 percent less than the $287 million in the same period last year.