9,312.13 TRY BIST 100 BIST 100
5.25 CNY CNY CNY
43.91 EUR EUR EUR
38.30 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
46.74 TRY Interest Interest
66.21 USD Fossil Oil Fossil Oil
41.10 USD Silver Silver
488.00 USD Copper Copper
100.29 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,091.06 TRY Gold (gr) Gold (gr)

Latin America's steel production slows in 2023, recovery expected for 2024

Latin America's steel production is expected to slow this year and recover in 2024, characterized by global uncertainty and structural issues, with the worst quarterly result since 2020.

Latin America's steel production slows in 2023, recovery expected for 2024

Latin America's steel production is expected to slow this year and recover in 2024, according to the Latin American Association of Steel Producers (ALACERO).

In June, steel production reached 4.6 million tons, a 14.8% decrease from the previous year and 7.4% from the previous month. The second quarter saw a 10.4% decrease and a 0.3% decrease, the worst quarterly result since the third quarter of 2020.

The economic scenario in Latin America is characterized by global uncertainty and structural issues, with the slowdown expected to continue until the end of this year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Qatar Chamber and German delegation strengthen economic cooperation

Thursday, April 24, 2025

Mining partnership between Algeria and China

Thursday, April 24, 2025

Europe in the Process of Green Transformation: Is the Steel Industry Ready for Carbon Adjustment at the Border? 

Thursday, April 24, 2025

İÇDAŞ signs tugboat agreement with maritime company Damen

Thursday, April 24, 2025

Canada launches AD investigation into steel imports from 10 countries, including Türkiye

Thursday, April 24, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now