Mexican iron pellet output drops 11.2 percent in December

Mexican iron pellet output drops 11.2 percent in December

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Mexican iron pellet output in December 2020 declined 11.2 percent, year-over-year, to 509,587 mt, according to a report Friday from statistics agency Inegi.

According to government data, Mexican iron pellet production in December rose 22.6 percent, month-over-month, from 415,483 mt in November 2020.  Iron pellet output in the full-year of 2020 decreased 16.7 percent, year-over-year.

The mining and metals production index in December 2020 grew 1.2 percent, month-over-month, and 0.2 percent, year-over-year.

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