Latin America’s eight national and regional steel industry associations have published an open letter to their goverments calling on them to act urgently to ensure fair trade, particularly with China, in the region, according to the Latin American Steel Association (Alacero).
The open letter, signed by Alacero, the Argentine Chamber of Steel, the Brazil Steel Institute, Alacero Chile, Fedemetal Chamber and the Colombian Committee of Steel Producers at ANDI, the Mexican Iron and Steel Industry Chamber (CANACERO) and the National Society of Industries of Peru, calls for action against the subsidized steel arriving from China in conditions that do not comply with the rules of the World Trade Organization (WTO), threaten thousands of jobs in Latin America and displace domestic producers.
Alacero said that the letter added a request of vision, political will and clear rules to ensure an industrial base that guarantees quality jobs and economic development in Latin America.