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18 Nov
10:02

Latin America steel consumption to slow in 2022

Inflation, rising interest rates and political uncertainty could perturb the Latin American steel market recovery next year. Although regional apparent steel consumption (ASC) continues to grow, demand is expected to decelerate, according to regional steelmakers’ association Alacero executive director Alejandro Wagner. “Rising inflation is expected to impact the automotive and construction industries as major steel consumers in mostly all Latin America…
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