According to statistics from the Latin American steel association (Alacero), consumption of finished steel in Latin America was 67 million tons in 2018, down 1 percent from the previous year, according to BNAmericas website.
The biggest increases were in Brazil (1.39 million tonnes, up 7.3%), Paraguay (117,000 tonnes, 36%) and Ecuador (65,000 tonnes, 4%).
The biggest drop was in venezuela, down 67 percent.Peru fell 16 percent and Mexico 3 percent.
In 2018, Latin America produced 53.7 million tons of finished steel, up 2 percent.Brazil produced 23.1 million tons, up 43 percent.Mexico is next with 19 million tons.
Latin American crude steel output was 65.1 million tons in 2018, up 3.4 percent.Of that, Brazil produced 34.7 million tons, an increase of 53 percent.
In January 2019, Latin American crude steel production was 5.4 million tons, up 2 percent.
Post time: Mar-14-2019