Import volumes of steel products from China into Latin American countries dropped by 50% year-on-year in January, according to figures released by regional steel association Alacero on Tuesday March 13.
Latin America imported 412,000 tonnes of steel from China during the month, compared with 822,000 tonnes a year before.Meanwhile, China's total steel exports decreased by 39% to 4.40 million tonnes in the same period, Alacero figures show.Latin America imported 302,000 tonnes of flat steel products...