Finished steel products perk up on LatAm boost

The nation exported 4 million metric tons of finished steel to Latin America in the first half of 2014, making the region the second-biggest destination of Chinese exports as China-Latin America trade continues to grow.

Finished steel exports to Latin America from January to June increased by over 65 percent from the quantity exported during the same period in the previous year, according to SteelGuru, a metals commodities research website.

Brazil, Mexico and Chile were the main destinations for China's steel, and flat products - sheets and coils of metal products - make up 67 percent of China's exports to Latin America, SteelGuru said.