Condor Gold, a British company that for 14 years has carried out exploration work in the province of León, in Nicaragua, announced that in 2021 it will invest in the construction of a metal processing plant.
According to company executives, the new industrial plant to be located in the municipality of Santa Rosa del Penon, will have the capacity to process 1,500 tons per day and the company is expected to start exporting by 2022.
The Ministry of Public Security of Panama tenders the supply of modular camps, which will be used by temporary migrants and the staff of the National Immigration Service.
Panama Government Purchase 2020-0-18-01-08-LP-050663:
During the first quarter of this year, imports of aluminum and its manufactures in Central America totaled $128 million, 17% less than what was reported for the same period in 2019, a drop that is explained by the decrease in purchases in most markets.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During the first nine months of 2019, the countries of the region imported aluminum and its manufactures from Mexico for $25 million, and about 60% was purchased by companies from the Northern Triangle.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
Guatemala's Tax Administration Superintendent did not approve the decision of the bidding board in the process that ended with the award of the contract to supply 2.4 million metal plates for land vehicles.
During the first six months of 2019, the countries of the region totaled $294 million in purchases of aluminum and its manufactures, and 48% was imported by companies in Guatemala and Costa Rica.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
Arguing that there is no serious injury to the domestic production, the Ministry of Economy of Guatemala decided that it is not appropriate to impose the safeguard requested by a local company on the import of rolled products.
It was found that there is no Serious Injury to the total national production of "flat rolled products of other alloy steels, of a width greater or equal to 600 mm", which are classified in the tariff items 7225.91.00, 7225.92.00 and 7225.99.00 of the Central American Tariff System (SAC), according to official information.
Tönnjes Card International, S.A. was the winner of the tender to supply 2.4 million metal plates for land vehicles in Guatemala.
The bids submitted in this public tender were those of Tönnjes Card International, S.A. which totaled $9.86 million and GSI Guatemala, S.A. which was for $9.76 million.
The country is going through an economic crisis that has hit most sectors, however, gold seems to be on the sidelines of the bad times, as in the first nine months of the year exports totaled $397 million, 26% more than in the same period in 2019.
Between January and September 2018 and the same period in 2019, foreign sales of gold in the country increased by $82 million, going from $315 million to $397 million, according to figures from the Center for Export Procedures (Cetrex).
Tönnjes Card International, S.A. and GSI Guatemala, S.A., were the companies that presented their bids in Guatemala for the supply of 2.4 million metal circulation plates for land vehicles.
The proposal of Tönnjes Card International, S.A. amounts to $9.86 million and that of GSI Guatemala, S.A.
Importers of rolled products in Guatemala demand objectivity in the investigation conducted by the Ministry of Economy to determine whether or not to apply a safeguard to the import of these products.
Derived from the request made by the company Ternium, for the Directorate of Foreign Trade Administration (DACE) to carry out an economic study of the import of rolled products in the country, which has as its main objective, to establish if appropriate a safeguard measure, companies such as Ferromax and Grupo Ferroso, SA, require that the results of the investigation are objective and respond to the real situation of the market.
At the request of Ternium, the Guatemalan Ministry of Economy conducts an import investigation to determine whether or not a safeguard can be applied, a measure opposed by the commercial sector.
In February 2018, the company Ternium submitted to the authorities a request for the Directorate of Foreign Trade Administration (DACE) to carry out an economic study of the import of rolled products into the country, which has as its main objective, to establish whether a safeguard measure is appropriate.
During the first three months of 2019, the countries of the region added $155 million in purchases of aluminum and its manufactures, 8% more than what was reported in the same period of 2019.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
The National Electrification Institute of Guatemala tenders the supply of different types of metallic structures for substations of the Western System.
During the last year, imports of iron and steel sheets in the countries of the region totaled $941 million, 13% more than in 2017, a rise explained by purchases made from companies in China.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
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