Author: Paul Ploumis
22 Dec 2014 Last updated at 22:26:50 GMT
SPOKANE (Scrap Monster): According to the recent data published by the World Steel Association, the crude steel production by South American countries increased during the month of November this year. The total monthly output climbed higher by 2.7% to 3.754 Million tonnes.

The total crude steel production by Argentina during November was 461,000 tonnes, down 1.7% than the November 2013 production of 469,000 tonnes. Brazil produced 2.773 Million tonnes of crude steel, higher by 2.4% when compared to 2.708 Million tonnes production achieved during November 2013. The Chilean November crude steel production saw sharp dip of 11.2% from 107,000 tonnes in November ‘13 to 95,000 tonnes in November this year. The total crude steel production by Colombia plunged 22.8% to 95,000 tonnes in November this year.

Ecuador’s crude steel production was up year-on-year. The crude steel output by Ecuador was 60,000 tonnes in November this year, 27.2% higher from 47,000 tonnes during November last year.  Paraguay’s crude steel output remained flat during the month.

The crude steel output by Peru went higher by 11.8% year-on-year from 89,000 tonnes to 100,000 tonnes. The crude steel output of Uruguay remained almost unchanged at 10,000 tonnes. Venezuelan production soared higher by 60.2% year-on-year from 97,000 tonnes to 155,000 tonnes.

The following table provides cumulative crude steel output for the first eleven months in 2014 in comparison with those during same period in 2013.

Note: Output in thousands of tonnes