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25 Jun
18:02

Latin America trade deficit will narrow: Alacero’s Wagner

Latin America saw its steel trade deficit widen 12% month-on-month in March to 1.6 million tonnes. The deficit was 53.4% wider year-on-year. According to steel producers' association Alacero’s latest report, imports continued to represent 35% of regional consumption. The region could see in the coming months intake reaching its highest level in years. “In 2021 we saw a curve of recovery in consumption first, and after that in production follow…
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