Latin America steel exports diminishing

Dec 20, 2013 | 07:52 AM |

Tags  Latin American exporters, steel exports, steel, finished steel, semifinished steel, steel production, crude steel, IABr Alacero

SÃO PAULO — Latin American countries won’t appear in the top 10 steel exporters this year, according to regional steel association Alacero.

Brazil last year exported 9.6 million tonnes, making it the sole Latin American country to be among the 10 largest steel exporters. However, Brazilian exports have been diminishing.

From January to November, the nation’s steel exports—including finished and semifinished goods—reached around 7.5 million tonnes, down 16.4 percent year on year, according to national steel association IABr.....

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