Trade Resources Market View 10% of China's Steel Product Exports Went to Latin America Between Last Jan and Nov

10% of China's Steel Product Exports Went to Latin America Between Last Jan and Nov

It is learned that 10%of China's steel product exports went to Latin America between January and November last year.The totaled 2.7 million tons was 8%up from the same period from the same period a year before.

According to data of Latin American Steel Association(ALACERO),the biggest buyer of imported Chinese steel products is Venezuela who bought 536,200 tons in this period,around 20%of the total imported steel from China.It refers a growth of 119%year on year.

The other major countries are Brazil,18%of total,and Chile,14%of total.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62496&division=A2
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10% of Chinese Steel Exports in First 11 Months 2012 to LatinoaméRica
Topics: Metallurgy