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17 Oct
13:27

Argentina's trade deficit widens in third quarter

Argentina saw its third-quarter finished steel trade deficit widen both quarter-on-quarter and on-year, according to data from local steel association Cámara Argentina de Acero (CAA). This was the result of growing imports compared to Q2, although higher shipments abroad were seen during the period. July-September entries exceeded exports by almost 198,200 tonnes, Kallanish notes. By comparison, the trade deficit was 123,800t in Q2 and just 15,300t in Q3 20…
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