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18 Nov
09:27

Alacero expects slowing LatAm steel demand in 2023

The Latin American steel industry faces slowing growth for the rest of this year and early 2023, given the context of global inflation and contractionary monetary policy, according to regional steelmakers’ association Alacero. “The forecast is driven by lower external demand, weakened by high interest rates and falling purchasing power amid an unprecedented inflationary global process,” association chief executive Alejandro Wagner said during Ala…
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