Overview
- Alacero reports regional crude‑steel output contracted about 2.4%, with 56.8 million tonnes produced in 2024.
- Executives say mills in Argentina and Brazil are operating near 60–70% of capacity, below the roughly 80% level needed for viability.
- Industry leaders urge faster antidumping actions, targeted tariffs and technical‑rule reviews with coordination at the Mercosur level.
- The United States and European Union have tightened barriers on Chinese steel, while Latin America remains comparatively open to low‑priced imports.
- Speakers warn global idle capacity could reach roughly 700–721 million tonnes by 2027 and note weak regional demand reflected in IMF growth forecasts.