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28 May
10:24

Demand recovery, shortages propel Argentina first-quarter imports

Argentina saw its finished steel trade balance turn negative in the first quarter, according to data from local steel association Cámara Argentina de Acero (CAA). Strong post-Covid-19 demand along with domestic material shortages pushed imports to increase sharply, Kallanish notes. Argentinian imports of finished products reached 241,500 tonnes in Q1, up 132,500t or 121.5% on-year. This was compared to exports in the period of 128,600t, down 46.4%…
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