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13 Oct
13:12

Latin American July finished steel trade deficit widens

Latin America's steel trade deficit widened in July to 1.87 million tonnes, almost 7.9% greater than in June and wider by 108.7% year-on-year, according to the steel producers' association Alacero. The seven-month deficit was 10.91mt, which is a 56.8% expansion compared with 6.96mt in the same period a year earlier. LatAm imported 2.46t of steel in July, 79,300t more over June and 39.4% higher y-o-y. From the total, 1.81mt were flat products, while longs a…
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