In 2022, the apparent use of finished steel products in Latin America was forecast to reach around 67.8 million metric tons. Mexico was expected to be the largest consumer in the region, with a demand of just above 24.8 million tons, while Brazil would follow closely, with around 23.2 million tons. Combined, these two countries would account for over 70 percent of Latin America's finished steel demand that year.
Apparent use of finished steel products in Latin America in 2022, by country
(in million metric tons)
Characteristic
Apparent use in million metric tons
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estimates based on the first eight months of the year.
Supplementary notes
Figures have been rounded.
The source does not specify a release date.
Apparent steel use can be defined as the total production of steel plus net imports minus net exports in a certain period of time. It is commonly used to measure steel demand.
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Alacero. (February 27, 2022). Apparent use of finished steel products in Latin America in 2022, by country (in million metric tons) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1003068/latin-america-finished-steel-products-apparent-use-by-country/
Alacero. "Apparent use of finished steel products in Latin America in 2022, by country (in million metric tons)." Chart. February 27, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1003068/latin-america-finished-steel-products-apparent-use-by-country/
Alacero. (2022). Apparent use of finished steel products in Latin America in 2022, by country (in million metric tons). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1003068/latin-america-finished-steel-products-apparent-use-by-country/
Alacero. "Apparent Use of Finished Steel Products in Latin America in 2022, by Country (in Million Metric Tons)." Statista, Statista Inc., 27 Feb 2022, https://www.statista.com/statistics/1003068/latin-america-finished-steel-products-apparent-use-by-country/
Alacero, Apparent use of finished steel products in Latin America in 2022, by country (in million metric tons) Statista, https://www.statista.com/statistics/1003068/latin-america-finished-steel-products-apparent-use-by-country/ (last visited July 22, 2024)
Apparent use of finished steel products in Latin America in 2022, by country (in million metric tons) [Graph], Alacero, February 27, 2022. [Online]. Available: https://www.statista.com/statistics/1003068/latin-america-finished-steel-products-apparent-use-by-country/
