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Latin America Warns of Growing Dependence on Imported Steel Under Chinese Pressure

Summary by Hola News
Mexico City, Nov 11 (EFE).- The Latin American steel industry warned this Wednesday that imports represent more than four (43%) of every 10 tons of steel consumed in the region, in a scenario of growing international competition that threatens its production, especially by China, and demands greater trade defense measures. Meanwhile, Latin America warns of a growing dependence on imported steel under Chinese pressure was first published in HolaN…

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Mexico City, Nov 11 (EFE).- The Latin American steel industry warned this Wednesday that imports represent more than four (43%) of every 10 tons of steel consumed in the region, in a scenario of growing international competition that threatens its production, especially by China, and demands greater trade defense measures. Meanwhile, Latin America warns of a growing dependence on imported steel under Chinese pressure was first published in HolaN…

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The CEO of Gerdau, Gustavo Werneck, said that the commercial defense follows as the most important front of action for the coming periods from the point of view of the agenda for the competitiveness of steel in Latin America. For him, however, the theme cannot prevent other matters that affect the sector from being discussed. The world has rules to be followed. The way China is producing and selling steel is not legitimate, he said during the pa…

·Rio de Janeiro, Brazil
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Lean Right

The Congress of Alacero held in Mexico focused not only on the competition of the Far East but also on the possibility of weaving new alliances. Why do they take Claudia Scheimbaum’s government as an example?

·Buenos Aires, Argentina
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Lean Right

It is the central axis of the discussions in the Alacero Summit, which brings together the main firms of the sector; according to them, the Asian giant spends $90 billion to subsidize the steel industry

·Vicente López, Argentina
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Former president of Banco dos Brics alerts to Chinese overproduction and difficulties in Brazil to attract industries; economist points to risk of early deindustrialization in the region

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Daniel Rey, executive director of the Colombian Chamber of Steel Products. Photo: courtesy Alacero The entry of steel at prices below production costs is a situation that threatens national production. Daniel Rey, executive director of the Committee of Steel Producers of the ANDI in Alacero Summit 2026, warned. According to him, the practices of unfair competition on the part of China are creating distortions that put at risk the sustainability …

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T21 broke the news on Tuesday, November 10, 2026.
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