SÃO PAULO Chinese exports of finished steel products to Latin American countries totaled 439,057 tonnes in September, up 28 percent from the previous month, according to Latin American steel association Alacero.
The largest increases were registered by Mexico (up 78 percent), Colombia (up 63 percent) and Brazil (up 41 percent), the association said. The highest volume was recorded by flat steel products, with 58,436 tonnes going to Chile, 45,902 tonnes to Brazil and 40,805 tonnes to Mexico.
Latin America took 3.2 million tonnes of steel products from China in the first nine months of this year, accounting for 9 percent of all the Asian nations steel exports, according to Alacero. Brazil, Chile and Peru accounted for 54 percent of the Latin American total, taking in 649,764 tonnes, 576,595 tonnes and 491,526 tonnes, respectively.
A version of this article was first published by AMM sister publication Steel First.