Latin America Steel Market (2021-2027) | Revenue, COVID-19 IMPACT, Analysis, Forecast, Value, Growth, Outlook, Trends, Share, Size, Companies & Industry

Latin America Steel Market is projected to witness impressive growth in the upcoming six years on the back of the rising potential growth of the automotive sector. The growing manufacturing of light commercial vehicles and passenger cars across the region is estimated to instigate the steel demand used in the production of automobile parts. Further, an increase in the purchase of home and kitchen appliances with the growing population base, as a result, is expected to boost the growth of the Latin America steel market in the upcoming six years.

Latin America Steel Market is anticipated to gain sound growth prospects in the coming time zone. Latin America leaves behind 4 years of deceleration and crisis in 2017. Growth to increase in 2017 driven by:  Argentina and Brazil out of recession. The external sector is due to improved terms of trade, commodities prices, and global growth. Investment in Peru, Argentina, Mexico, and Colombia.  Growth will still be weak, below potential.  Downside risk: Political elections in Chile, Argentina, Mexico, Colombia, Brazil, and Venezuela (Presidential or Legislative). The Latin American region needs to deepen the economic reform to reach a sustainable growth path. To have a dynamic steel demand, the Latin American region needs to deepen its economic reforms to reach a sustainable growth rate. Latin America steel market is on a slow recovery path. Imports continue to increase market share. Steel overcapacity is still an unresolved issue. The G20 Global Forum is a work-in-progress but there is a need to produce results. Global steel trade might be affected by the trade and tax policies of the Trump Administration. Covid -19 there are major challenges to continuous economic reactivation in Latin America.

According to 6Wresearch, the Latin America Steel Market size is anticipated to register growth during 2021-27. Mexico ranked second, with crude steel production being Brazil to be second. Brazil had gained momentum in recent years assisted by private consumption, and improvements made in the labour market and the increase in business investment have possibly aided by greater policy certainty that could contribute to economic activity.

Segmentation of Steel market in Latin America: 65.1 million tons crude steel production, 53.7 million tons of rolled steel production, 67.0 million tons of apparent steel consumption, 10% decreased import of Latin America steel, 8% decreased exports of Latin America steel. Applications of the steel market in Latin America is one of the regions where stainless-steel consumption is growing above average. Latin America countries amounted to 200 kt in 2011 with Argentina, Columbia, and Chile being the top 3 markets. Product type Structural steel, Iron steel wire, Ingots, and Semi-finished material, Bars and Rods, Tubes and Pipes, Castings and Forgings, Plates and sheets, and others.

The Latin America steel market report thoroughly covers the market by product type, distribution channels, and countries including Mexico, Brazil, Argentina, Chile, and the Rest of Latin America. The Latin America steel market outlook report provides an unbiased and detailed analysis of the ongoing Latin America steel market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Latin America Steel Market Outlook
• Market Size of Latin America Steel Market, 2020
• Forecast of Latin America Steel Market, 2027
• Historical Data and Forecast of Latin America Steel Revenues & Volume for the Period 2017 - 2027
• Latin America Steel Market Trend Evolution
• Latin America Steel Market Drivers and Challenges
• Latin America Steel Price Trends
• Latin America Steel Porter's Five Forces
• Latin America Steel Industry Life Cycle
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Latin America Steel Market - Key Performance Indicators
• Latin America Steel Market - Import Export Trade Statistics
• Latin America Steel Market - Opportunity Assessment By Countries
• Latin America Steel Market - Opportunity Assessment By Types
• Latin America Steel Market - Opportunity Assessment By Product Type
• Latin America Steel Market - Opportunity Assessment By Applications
• Latin America Steel Market - Top Companies Market Share
• Latin America Steel Market - Top Companies Profiles
• Latin America Steel Market - Comparison of Players in Technical and Operating Parameters
• Latin America Steel Market - Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Type:
• Flat Steel
• Long Steel

• By Product Type:
• Structural Steel
• Prestressing Steel
• Bright Steel
• Welding Wire/Rod
• Iron Steel Wire
• Ropes
• Braids

• By Application:
• Building and Construction
• Electrical Appliances
• Metal Products
• Domestic Appliances
• Mechanical Equipment
• Automotive
• Others

• By Countries:
• Mexico
• Brazil
• Argentina
• Chile
• Rest of Latin America

Frequently Asked Questions About the Market Study (FAQs):