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19 Oct
11:24

Argentina posts negative third-quarter steel trade balance

Argentina saw its finished steel trade balance deteriorate during the third quarter, mainly due to the effects of the Covid-19 pandemic and the local economy’s weak post-crisis recovery. During the mandatory lockdown, steel entries into the country surpassed exports by nearly 3,500 tonnes. Argentina, however, remained a net exporter in the first nine months of 2020, according to local steel association Cámara Argentina del Acero (CAA) data monitored b…
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