Steel production in Latin America drops 12% y-o-y last Dec
19 Feb 2020 14:47 reported by Ivy Wei
According to the market news, the total steel production in Latin America dropped 12% year on year last December, came to around 4500 million tons.
Moreover, the annual balance had shown negatively in Latin America, and the main involving country was Brazil, with a count by 56% of the total, followed by Mexico’s 30%, and Argentina’s 9%.
Nevertheless, the total production in China last year of crude steel also faced strong increase by 8% year on year, which also influenced the production in Latin America.
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