Trade Resources Industry Views Latin America Has Become The 2nd Largest Destination for Chinese Exports of Steel Products

Latin America Has Become The 2nd Largest Destination for Chinese Exports of Steel Products

According to report of Latin American Steel Association (ALACERO), Latin America has become the 2nd largest destination for Chinese exports of steel products between January and September, 2012, around 9% of total China’s export. There were 3.2 million tons of steel products entered the region during the 9 months period, which was 18.7% up compare the same period in 2011.

The top countries imported Chinese steel products are Brazil with 649,763 tons, Chile with 576,594 tons and Peru with 491,526 tons; Mexico was the country with the highest import growth rate, from 132,974 tons to 293,873 tons, an up of 121%, in the same period.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62762&division=A9
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Latin America Become Second Largest Export Destination of China's Steel Products
Topics: Construction