Latin America Metal Processing Sector Report 2022-2023

Latin America plays a minor role in the global metal processing sector, mainly due to the relatively low penetration of heavy industries in the region and the sluggish economic performance of the region’s economies ever since the end of the commodity boom in 2014. The region has seen its crude steel output fall at a CAGR of 1.7% over the 2016-2020 period, compared to 3.6% CAGR growth in the world’s output, mainly driven by China’s increasing over-supply. As a result, Latin America and the Caribbean ended 2020 with a 3% share of the world’s total crude steel production, with 56mn tonnes. Similarly, the region accounted for 12.8% of global refined copper output in 2020, with 3.1mn tonnes, down from 15.7% in 2016, after posting an average annual decrease in production of 4.3% over the period. Despite the larger share of refined copper production (mainly driven by Chile’s vast copper reserves), the region still accounted for 2.9% of the world’s consumption in 2020.

This report provides a complete and detailed analysis of the metal processing sector for Latin America. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the metal processing sector in Latin America
• Access forecasts for growth in the sector
• View key production and consumption data for the sector in Latin America
• Crystallise the forces both driving and restraining this sector in Latin America
• Ascertain Latin America’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Latin America
• Build a clear picture of production, consumption and prices for specific sub-sectors (e.g. iron and steel, non-ferrous metals)

See below for a complete table of report contents: