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30 Oct
12:08

Argentina's steel trade deficit widens in third quarter

Argentina saw its third-quarter finished steel trade deficit widen quarter-on-quarter. Despite lower entries compared with Q2, shipments abroad remained poor in July-September and could not offset the growing gap between imporrs and exports, Kallanish notes. According to data from the local steel association Cámara Argentina de Acero (CAA), entries in the period exceeded exports by 109,500 tonnes. By comparison, the trade deficit was 67,800t in Q2 and 198,2…
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