BNamericas provides a roundup of the most important Metals news in Latin America.
The steelmaker tells BNamericas that a contingency plan had been drawn up to avoid production stoppages at its two main mills.
The multilateral expects higher prices for industrial commodities, driven by a 26% increase in energy commodity prices.
Niobium producer CBMM and technological research institute IPT have already invested about US$4mn to develop the technology and processes needed to manufacture magnets for use in wind turbines and electric vehicle motors.
The Organization of American States had called a meeting of foreign ministers to address the crisis in the country.
Steelmaker expects continued strong steel demand driven partly by industrial consumption in Mexico and infrastructure spending in Argentina.