Latin American apparent use of finished steel reached 33.1Mt in the first half 2013, in line with the same period 2012. Production of finished steel fell 1% to 27.7Mt compared to the same period 2012.

Alacero – the Latin American Steel Association, reports that in July 2013, finished steel production in the regional was 4.6Mt, 4% down on July 2012. The largest falls in output were in Argentina (-30%), Colombia (-21%), and Mexico (-7%).

During the first seven months of 2013, the region produced 32.4Mt of finished steel, 1% less than same period of 2012. the largest producer was Brazil at 15.3Mt which had a 47% share of regional output. Mexico follows with 8.9Mt and 27% share. Colombia and Chile showed drops in production of 30% and 19% respectively, comparing to the same period 2012.

Crude steel production in the first seven-months 2013 was 37.6Mt 3% less than the same period 2012. Brazil accounted for 19.9Mt, making it the largest producer but this figure was a decreased 2% compared to January-July 2012.

In July 2013, crude steel production in the region reached 5.5Mt, in line with July 2012.

Trade Balance

During January-June 2013, finished steel regional trade showed a 5.6Mt deficit, slightly less than the 5.9Mt in the same period 2012.

In the first half 2013 the only countries not to show a net trade deficit were Argentina, Brazil and the Dominican Republic. All others registered a negative steel trade balance. The largest deficit was in Mexico (-1.5Mt). Other countries with significant deficits were Colombia (-875kt), Peru (-750kt) and Chile (-740kt).

Latin American crude steel production first 7-months 2013
Country 7-months Mt % Change 2013/2012
Brazil 19.924 -2.1
Mexico 10.219 -1.5
Argentina 2.864 -6.9
Venezuela 1.568 +7.9
Chile 0.743 -25.6
Colombia 0.633 -21.8
Peru 0.628 +15.3
Trinidad & Tobago 0.350 -5.4
Ecuador 0.306 +18.9
Guatemala 0.198 +7.0
Cuba 0.163 -9.3
El Salvador 0.062 +18.1
Uruguay 0.045 0.0
Paraguay 0.008 -64.2
Total 37.712 -3.0