According to the latest statistics of alacero, the consumption of finished steel A573 Gr.58 steel and S275NL steel comparison products in Latin America in 2019 was 64.2 million tons, down 5% from 67.6 million tons in 2018. The decline in steel consumption
According to the latest statistics of alacero, the consumption of finished steel A573 Gr.58 steel and S275NL steel comparison products in Latin America in 2019 was 64.2 million tons, down 5% from 67.6 million tons in 2018. The decline in steel consumption in the region reflects the economic contraction of Latin American countries, especially the three major economies: Mexico, Argentina and Brazil. The three countries accounted for 87% of the total reduction in A573 Gr.58 steel and S275NL steel comparison steel consumption in Latin America. Alacero said the main reasons for the decline in steel consumption in the region are the global economic slowdown, the fall in commodity prices, trade disputes between the United States and its partners, the shrinking world trade A573 Gr.58 steel and S275NL steel comparison and political uncertainty, as well as the negative impact on Latin American countries and their neighbors in terms of investment.
The rise and fall of A573 Gr.58 steel and S275NL steel comparison, steel pipe price will be affected by many factors, such as market demand. If the construction of real estate industry, basic road construction and so on industries is booming, the sales volume of steel pipes will be very good, and the market supply will gradually increase. The market demand has a very important guiding significance for A573 Gr.58 steel and S275NL steel comparison, steel pipe manufacturers, dealers and agents in many regions.
Facing the new situation and facing new goals, the company revolves around the sixteen-character development policy of “prioritizing production preservation, society-oriented, market operation, and brand creation and efficiency”. Layout the country in accordance with the modern logistics model, and accelerate the establishment of a modern integrated steel enterprise integrating steel storage, transportation, processing, and distribution.
According to the new report of the World Steel Association (worldsteel), the world crude steel production for the 64 countries has reached to143.3 million tonnes (Mt) in February 2020, a 2.8% increase compared to February 2019. China’s A573 Gr.58 steel and S275NL steel comparison, crude steel production for February 2020 was 74.8 Mt, an increase of 5.0% compared to February 2019. India produced 9.6 Mt of crude steel in February 2020, up 1.5% on February 2019. Japan produced 7.9 Mt of crude steel in February 2020, up 2.2% on February 2019.
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