South America’s crude steel production up 7% in January

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

The region’s output totalled 3.88 million tonnes in the month, compared with 3.63 million tonnes a year before.

Brazil recorded the highest crude steel production, with 2.96 million tonnes in January, up by 7.7% from the corresponding month in 2014.

Argentina ranked second, producing 386,000 tonnes of crude steel last month, a 2.8% fall from January 2014’s figure of 397,000 tonnes.

Meanwhile, last month’s crude steel production in Mexico totalled 1.55 million tonnes in January, a decrease of 6% on an annual basis, according to Worldsteel.