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International Business Times
International Business Times
Business
Paulina ABRAMOVICH

Cheap Chinese Steel Threatens Jobs In Latin America

The Huachipato steel plant, Chile's largest, has become a casualty of cheap Chinese steel imports (Credit: AFP)

Latin American metal workers are clamoring for higher import tariffs as cheap Chinese steel floods the region, threatening hundreds of thousands of jobs linked to the industry.

Last year, the region imported a record 10 million tons of Chinese steel -- a 44 percent rise from the year before, according to data from the Latin American Steel Association (Alacero).

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