SÃO PAULO Latin
America exported 7.46 million tonnes of finished steel in the
first 11 months of last year, well below imports of 18.46
million tonnes, according to regional steel association
The association didnt
provide shipment figures for the same period in 2011, although
its January 2012 report put 11-month 2011 exports at 8.43
million tonnes and imports at 16.5 million tonnesmeaning
2012 exports fell 11.5 percent while imports were 11.9 percent
Finished steel exports in the
first 11 months of last year were led by Latin Americas
three major steel markets: Mexico (2.92 million tonnes), Brazil
(2.62 million tonnes) and Argentina (925,400 tonnes).
Meanwhile, Mexico and Brazil
reported the largest finished steel imports at 6.97 million
tonnes and 3.16 million tonnes, respectively.
Colombia imported 1.72 million
tonnes of finished steel, while Chilean imports totaled 1.46
million tonnes and Peru imported 1.44 million tonnes.
A version of this article was first published by AMM sister
publication Steel First.