Steel Products Prices North America
May 22, 2015
Latin American Steel Mills to Defend Their Territory
Written by Sandy Williams
Canacero, the Mexican Iron and Steel Industry Chamber, is urging Latin American countries to take action against the flood of steel imports and derivatives from China.
Latin America is the second largest international market for Chinese steel products, said Alonso Ancira Elizondo, president of Canacero. In 2014 shipments of rolled steel from China exceeded nine million tons. In five years, China’s market share of the Latin American steel industry rose from 6 percent to 13 percent.
