South America

Ricardo Menendez, Venezuelan planning minister, stated Venezuela and China had a $2.8 billion financing agreement, to improve oil production capacity. This agreement will make the joint project to increase 325 thousand barrels per day. Venezuela and China also evaluated the port construction project in the Eastern Venezuela, a storage capacity of 20 million barrels. According […]

Latin-America is a significant region that imported Chinese steel products. In recent years Latin-America was experienced faster growth in steel demand. Latin-America import 7.4 million mt at 2014, increased a lot than 2013. According the data from Latin-American Steel Association, from January to November of 2014, China have exported steel products over 7,400,000.00 mt to […]

South American crude steel output up 2.7% in Nov ’14 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 […]