24
Sep
10:11
Alacero sees 2021 consumption rebound falling short
Latin American apparent steel consumption (ASC) should fall in 2020 as a result of the Covid-19 crisis and resulting economic decline, says steel producers' association Alacero.
Regional consumption is seen decreasing -14.5% year-on-year to almost 55.6 million tonnes. January-June use was 28mt, down -14% on-year.
Activity will rebound in 2021 but will not compensate for 2020, Alacero president Francisco Leal commented during a webinar this week monitored…
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Anonymous
Very good overview of the weekly steel market.
Anonymous