According to data from the Latin American Steel Association (ALACERO), crude steel production in the Latin American region in February this year was 4.5 million tons, 10.8% less than the previous month and 6.6% less than the same month of the previous year.

At the beginning of this year, the main sectors that consume steel showed different behavior in their level of activity; for example, the construction sector continued the negative trend, while the industry and manufacturing sectors showed little signs of recovery.