Latin American steel exports to the US rose in March compared to the prior year on higher demand for products from Mexico, Brazil, and Argentina.
Mexico’s steel exports to the US rose by 27pc to 313,744mt in March, from 247,055mt shipped in the same month of 2020, according to figures from the United States Census Bureau.
Brazil’s steel shipments to the US also climbed by 1,099pc to 155,838mt in March, from 12,994mt exported in the same month of the prior year. Argentina steel exports to the US also went up by 12,620pc to 14,374mt in March, from 9,646mt shipped the same month the prior year.
Brazil’s exports of alloy steel products to the US increased by 6,6829pc to 49,583mt in March, from 731mt exported the same month the prior year. Argentina exports rose by 10,893pc to 11,323mt in March, from 103mt in March 2020, while Mexican alloy steel exports to the US declined by 20.2pc to 61,663mt in March, from 77,350mt exported the same month last year.
Carbon non-alloy steel
Mexican carbon non-alloy steel exports to the US rose in March by 49.4pc to 248,665mt, from 166,364mt shipped the same month the prior year. Brazil’s exports of carbon non-alloy climbed by 787.9pc to 105,994mt in March, from 11,937mt shipped in March 2020. Argentina’s exports of carbon non-alloy rose by 30,410pc to 3,051mt in March, from 10mt shipped the same month the prior year.