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27 Apr
11:19

Argentina's trade deficit widens in first quarter

Argentina saw its first-quarter finished steel trade deficit widen quarter-on-quarter, according to data from local steel association Cámara Argentina de Acero (CAA). Although imports fell both quarter-on-quarter and on-year, entries exceeded exports by almost 61,600 tonnes in the period, Kallanish notes. By comparison, the trade deficit was just 900t in Q4 2021 but 112,900t in Q1 2021. Argentinian imports of finished steel reached 238,900t in Q1. Entr…
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