26
May
07:56
Latin America narrows steel trade deficit in February
Latin America saw its steel trade deficit narrow month-on-month in February to 1.43 million tonnes, almost 9.7% less over January. The deficit, however, was 36.5% wider year-on-year, Kallanish notes.
According to steel producers' association Alacero’s latest report, steel entries continued to represent 35% of regional consumption. May could see imports rebound towards the higher levels seen in previous years, the association observes.
The situation shou…
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Anonymous
Very good overview of the weekly steel market.
Anonymous