Industry News

Latin America exports less steel to US in Jun

Views : 105
Update time : 2024-08-07 14:48:59
In June, steel exports from Latin America to the US declined significantly. Specifically, in June, Latin America exported around 483,000 tons of steel products to the US, about 30.9% less compared with the previous month. While compared with the previous year, the monthly steel export decreased by 306,800 tons.

The main factor of such a result is considered to be the weak supply of Brazil and Mexico.

According to statistics, Brazil remained an important steel exporter for the US in June, offering almost 58.3% of the total steel imports received by the US. Data showed that the US imported around 281,400 tons of steel products from Brazil in June, 31.5% less than the previous month.
Related News
Read More >>
Trump’s shock steel tariff hike ripples across global markets Trump’s shock steel tariff hike ripples across global markets
Jun .03.2025
Trump’s shock steel tariff hike ripples across global markets
Weak domestic demand affected most PMI of downstream aluminium processing, with significant structural differentiation Weak domestic demand affected most PMI of downstream aluminium processing, with significant structural differentiation
Jun .03.2025
Weak domestic demand affected most PMI of downstream aluminium processing, with significant structural differentiation
Profitability improves: China's operating alumina capacity in metallurgy expected to rebound in June Profitability improves: China's operating alumina capacity in metallurgy expected to rebound in June
Jun .03.2025
Profitability improves: China's operating alumina capacity in metallurgy expected to rebound in June
GBC to supercharge Ghana’s domestic alumina industry with its upcoming Awaso refinery GBC to supercharge Ghana’s domestic alumina industry with its upcoming Awaso refinery
Jun .03.2025
GBC to supercharge Ghana’s domestic alumina industry with its upcoming Awaso refinery