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South America News

20Feb
Chile’s 2024 steel consumption slips, outlook positive

Chilean steel consumption fell slightly year-on-year in 2024, according to the national steel institute ICHA. Domestic …

20Feb
Vale's 2024 earnings weaken despite Q4 sequential growth

Vale saw its Iron Solutions unit's fourth-quarter earnings rise compared with Q3. Results, however, were weaker versus …

19Feb
Peru's SHP production, sales volume rise in Q4

Shougang Hierro Perú (SHP) saw production and sales volumes rise quarter-on-quarter and year-on-year in the fourth …

19Feb
Ternium posts weaker Q4 results, expects improvement

Latin American miner and steel producer Ternium's steel sales volume decreased quarter-on-quarter and was weaker year-on-year …

18Feb
Peru’s iron ore output falls in December

Peruvian iron ore production fell month-on-month in December 2024. Output was also weaker year-on-year, Kallanish notes. …