Latin American apparent steel consumption rose 15.87% year on year during December, while full-year 2020 figures fell 9.57% from 2019, the region's steel association, Alacero, said on Thursday March 11.
Rolled steel consumption reached 6.03 million tonnes in December, up from 5.2 million tonnes a year before, according to the data published by Alacero. During 2020 as a whole, consumption totaled 58.95 million tonnes, down from 65.2 million tonnes in 2019.Monthly volumes were the highest since March 2017, consolidating a recovery from a 2020 low of 3.88 million tonnes in April due to the...