Search Steel production in Latin America falls 12% in December

  • Thursday, February 20, 2020
  • Source:ferro-alloys.com

  • Keywords:Steel production Latin America
[Fellow]The Latin American association Alacero announced that in a market weakened by the loss of competitiveness and consumption, derived from the high cost of the domestic market and unfair competition.

[Ferro-Alloys.comThe Latin American association Alacero announced that in a market weakened by the loss of competitiveness and consumption, derived from the high cost of the domestic market and unfair competition, Latin America saw its production of crude steel in December fall by 12% compared to the same month of 2018, summarizing 4.499 million tonnes. The annual balance in Latin America was negative, with a result of 9% lower than that observed in 2018 (5.704 million tonnes). Brazil was primarily responsible for this figure (56%), followed by Mexico (30%), which registered its worst indicator in almost 4 years. Argentina also contributed (9%). (Steelguru)

  • [Editor:kangmingfei]

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