Latin American crude steel output down 14% in October, Alacero says
Published: Wednesday, 04 December 2019
Alacero forecasts a global downward trend in steel demand, including in Latin America, which is suffering from lower economic growth.
By Renato Rostás
Latin American crude steel output decreased by 14% year on
year in October due to slower global economic growth and blast
furnace outages in Brazil, regional steelmakers' association
Alacero said on Tuesday December 3.
Production reached approximately 4.9 million tonnes in
October compared with about 5.67...