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21 Feb
10:06

Chile posts strong steel consumption in 2021

Chilean steel consumption grew almost 38.7% year-on-year to 3.28 million tonnes in 2021, says national steel institute ICHA. Demand for long products represented 1.51mt, up 23.3% over 2020. Meanwhile, flats consumption was 56.3% more at 1.74mt. “This growth resulted in part from the improving levels of investment in the construction sector, which exceeded CLP 21.6 billion ($26.9 billion) in 2021, up 12.8% on 2020,” the institute’s executive direc…
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