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22 Mar
12:01

LatAm steel trade deficit widens

Latin America's steel trade deficit narrowed sequentially in December 2023 to 1.4 million tonnes. This was almost 13.9% smaller than in November but 22.9% higher year-on-year, Kallanish learns from steel producers association Alacero data. The 12-month deficit was almost 20.1mt, widening by 44.5% compared with 13.9mt in 2022. LatAm imported 2.08mt of steel in December, down 85,200t from November but 10.3% higher y-o-y. From the total, 1.5mt were flat products…
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