24
Mar
09:22
Latin America to see Covid-19 impact soon : Alacero
The sharp spread of Covid-19 is beginning to have an effect on the steel industry in Latin America, the regional steel producers' association Alacero says in a note monitored by Kallanish. The combination of the coronavirus, with the oil price crisis and a massive sale of assets, may push the region's economy to a -0.7% fall in GDP in 2020. This is according to data from Oxford Economics and in line with the Bank of America estimate, the association confirm…
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Anonymous
Very good overview of the weekly steel market.
Anonymous