South America’s crude steel output up 1% in January

South America’s crude steel production grew by 0.9% year-on-year in January 2014, according to figures released by the World Steel Assn (Worldsteel) on Thursday February 20.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The region produced 3.67 million tonnes of crude steel last month, up from 3.63 million tonnes in January 2013.

Brazil was the largest producer, with 2.74 million tonnes.

However, this volume was down by 1.4% compared with the 2.78 million tonnes produced in the corresponding month in 2013.

Argentina ranked second, with a crude steel output of 397,000 tonnes, up by 24.1% year-on-year.

Venezuela showed the biggest decline in production, with 110,000 tonnes in January, down by 37% compared with the 175,000 tonnes produced in the corresponding month a year earlier.

Meanwhile, crude steel production in Mexico reached 1.55 million tonnes, a decline of 0.1% year-on-year, Worldsteel data showed.

What to read next
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed