Latin America: Weak Global and Regional Economic Performances keep Steel Consumption and Production Stagnant During 1H2014

摘要

Facing scenarios of weak global and regional economic growth, crude steel production and finished steel consumption remained unchanged during the first half of the year compared to same period of 2013. Moreover, fin-ished steel production decreased 1%. Finished steel consumption in Latin America and the Caribbean reached 34.2 million tons in Jan- Jun 2014, in line with the same months of 2013.The only countries that grew during 1H2014 were Mexico (11%), Colombia (15%) and Argentina (5%).