Alacero, the Latin American Steel Association, reported that finished plate use in Latin America and the Caribbean reached 21.7 million tonnes in January-April 2013. In accordance with the same period last year, the purchase of finished sheet products reached 18.1 million tons, which is 1% less than in January-April 2012.
In January-May 2013, steel production in the region reached 23 million tonnes, a fall of 1% compared to the same period in 2012. Brazil retained the largest share at 10.7 million tonnes. It is followed by Mexico. At the same time, production in Colombia and Chile fell 32% and 19%, respectively, year on year. In May 2013, production of finished flat products reached 4.9 million tonnes, in line with the same period in 2012.
Latin American steel production reached 27.3 million tonnes in January-May 2013, down 2% yoy. Brazil continues to be the region's largest producer, with 14.1 million tonnes, although production declined 3% year on year.
In May 2013, steel production reached 6.2 million tons, which is 11% more than in May 2012. For January-April 2013, regional trade in finished steel sheet products reflects a deficit of 3.7 million tonnes, up from 4 million tonnes in the same period in 2012.
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