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South America News

Argentina’s steel trade deficit narrows in Q1

Argentina saw its first-quarter finished steel trade deficit narrow both quarter-on-quarter and year-on-year. During Q1, imports …

Samarco, Vale, BHP propose compensation for Fundão accident

Samarco, Vale and BHP have submitted a non-binding, indicative settlement proposal of BRL 127 billion ($24.8 …

Aceros Arequipa Q1 revenue falls, Ebitda improves

Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) saw its first-quarter revenue decline but Ebitda …

LatAm March crude steel production falls: worldsteel

South American crude steel production weakened again in March. Output fell for a third consecutive month …

Brazil distributors' monthly flats sales increase, purchases slip

Flat steel sales by Brazil’s distributors and service centres rose sequentially in March, while purchases remained …

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