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10 Apr
14:13

Worldsteel sees LatAm demand falling in 2024

Latin American finished steel demand should fall in 2024 and then recover in 2025, according to worldsteel’s April short-range outlook (SRO), Kallanish notes. Latin America in this context includes South and Central American countries together with Mexico. There are multiple economic and political downside risk factors in the region such as China’s higher steel imports, financial market volatility and unstable and uncertain political situations. …
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