Mexico said on Tuesday it is on track to normalize its iron ore exports from a key port on the coast of the violent state of Michoacán, which had been interrupted since 2013 by the presence of a criminal organization.
China Archives - The Solomon Brokerage Firm | Energy & Commodities
Given that Michoacán is the largest producer of the mineral in Mexico, the offer is very attractive for Chinese merchants; Negotiations between the cartel and the producers were carried out at the Lázaro Cárdenas port.