17
Oct
07:04
Worldsteel sees LatAm demand falling on economic slowdown
Latin American finished steel demand should fall in 2023 and recover in 2024, according to worldsteel’s October short-range outlook (SRO). The improvement, however, will be moderate after a contraction observed in all countries in the region, Kallanish notes. Latin America in this context includes South and Central American countries together with Mexico.
“The region was ahead of other countries in raising interest rates to tackle inflation and so…
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Anonymous
Very good overview of the weekly steel market.
Anonymous