Latin America's ended up steel result drop 5% in 2015: Alacero

Latin America produced 53.3 million mt of completed steel products in 2015, down 5% from 2014, steel company Alacero claimed Thursday.

Brazil was the primary producer, representing 22.6 million mt (42% of the overall), followed by Mexico, with 17.5 million mt (33% of the region's overall).

For unrefined steel, output in Latin America and also the Caribbean reached 63.5 million mt-- 3% listed below the total registered a year prior to. Brazil produced 52% of this total amount, which represents 33.2 million mt.


Usage in Latin America hit 68.7 million mt, down 4% year over year. In spite of the total decrease, the best boosts were in Mexico (an additional 1.2 million mt, or development of 5%), Chile (an added 264,000 mt, or growth of 10%) and Argentina (an extra 230,000 mt, development of 5%).

In Brazil usage dropped 17%, or 4.3 million mt, below 2014. Peru adhered to, with a tightening of 9%, or 293,000 mt. No details on the tonnages were revealed.

Imports in 2015 totaled 24.4 million mt, or 2% more than the year before.

"Presently, imports of rolled items stand for 36% of intake in the area, which brings disincentives to the neighborhood sector, profession frictions and endangers tasks," Alacero stated in a declaration.

Latin American exports reached 9.1 million mt, up 6% from the 8.6 million mt exported in 2014.

In 2015, the profession balance registered deficiency of 15.3 million mt of completed steel items. "This equilibrium is 0.8% listed below the observed in 2014-- 15.5 million mt," Alacero claimed.

In 2014, Brazil was the only nation that kept a profession surplus: 2 million mt. Mexico was the country that had the best deficit: 6.5 million mt, followed by Colombia (2.3 million mt), Chile (1.8 million mt) as well as Peru (1.4 million mt).

For chelating agent list , Alacero visualizes completed steel manufacturing to reach 4.1 million mt and crude steel output to be 4.7 million mt. These volumes are 10% and 15% below the volumes registered in the very same month a year earlier.