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25 Nov
11:24

LatAm steel trade deficit widens in August

Latin America saw its steel trade deficit widen on-month in August, according to steel producers' association Alacero. The deficit was 840,900 tonnes, 12.7% higher over July but 495,900t less on-year, Kallanish notes. Eight-month regional finished steel trade deficit was 2.71 million tonnes, down by -17.3% on-year. Brazil was the only country with a trade surplus of finished steel at 24,000t in August. The largest deficit was seen in Mexico which imported…
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