Domestic steel sales increased almost 10% in the first 11 months.
The Andean region has its work cut out trying to end unauthorized mining as operations spread across the Amazon basin.
Companies operating in Brazil, Mexico and Nicaragua provide updates on their development and exploration projects.
Canadian companies issue option agreement and debt updates relating to gold, silver, copper and molybdenum assets in Mexico, Peru and Ecuador.
An unfolding global crisis and expected economic growth in Brazil under a new government are spicing up the playing field for local miners and steel producers.
In return for a 50% interest in Mt Holland, the Chilean company agreed last year to make total payments of US$110mn.
The head of the steel distributors association reportedly said that no significant price increases are expected in the short term, with a single exception.