China exported 2.7 million tons of manufactured steel products to Latin America between January-November 2012

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Santiago of Chile, January 07, 2013. Latin America represented 10% of the exports of manufactured iron and steel products (chapter 73) from China to the world between January and November 2012, reaching 2.7 million tons, 8% more than in the same period of 2011.

Between January-November 2012, the main importing countries of manufactured iron and steel products were Venezuela (536,200 tons), representing 20% of the region, followed by Brazil (491,707 tons) and Chile (318,456), accounting for 18% and 14% of the region respectively. During this period Venezuela increased its imports from China by 119% compared to 2011.

In November 2012 China exported 271,609 tons of manufactured iron and steel products to Latin America, 29% more than in October 2012.

During November 2012, Venezuela – with 74,825 tons- attracted most part of Chinese exports to the region, followed by Brazil with 42,206 tons.

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For further information, please contact Alacero’s Communications Department comunicaciones@alacero.org or consult our website www.alacero.org.

About Alacero

Alacero -Latin American Steel Association- is the organization that brings together the Steel Value Chain of Latin America to promote the values of regional integration, technological innovation, corporate responsibility and social and environmental sustainability. Founded in 1959, Alacero is formed by 52 companies of 25 countries, whose production –of about 70 million annual tons- represents 95% of the steel manufactured in Latin America. Alacero is a Special Consulting Organization to the United Nations and is recognized as International Non-Government Organization by the Republic of Chile, host country of Alacero´s headquarters.