Finished steel apparent use in Venezuela 2020

The apparent use of finished steel products in Venezuela has been on a continual downfall for at least half a decade. In 2020, the country's demand was forecast at some 90 thousand metric tons, a decrease of nearly 30 percent in comparison with the previous year. Meanwhile, in comparison with 2015, this would represent a drop of over 95 percent.

Apparent use of finished steel products in Venezuela from 2015 to 2020 (in million metric tons)

Characteristic	Apparent use in million metric tons
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Release date

November 2020

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Region

Venezuela

Survey time period

2015 to 2020

Supplementary notes

* Forecast based on Latin America's short range outlook and Alacero estimates.
This statistic was compiled using several releases of the publication.
Figures have been rounded.
Apparent steel use can be defined as the total production of steel plus net imports minus net exports in a certain period of time. It is commonly used to measure steel demand.

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