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13 Jun
12:37

Latin American first-quarter steel trade deficit narrows

Latin America's steel trade deficit narrowed in March to 1.14 million tonnes, almost 5.8% less than February and down 28.8% year-on-year, according to steel producers' association Alacero. The first-quarter deficit was at 3.7mt, which is 19.1% lower compared to 4.57mt in the same period a year earlier. LatAm imported 2.23mt of steel in March, 1.8% down over February and 6.4% lower y-o-y. From the total, 1.63mt were flat products, while longs and seamless t…
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