BNamericas provides a roundup of the most important Metals news in Latin America.
The World Steel Association (Worldsteel) forecasts global growth in steel demand for 2017-18, with Central and South America leading the charge.
The Brazilian steelmaker's capital expenditure was down 67.1% year-on-year in the first quarter.
The Brazil iron ore producer expects to see 30% of its total inventories offshore by the end of the year.
The mine came online in 2014 and plant improvement work completed recently will permit Largo to exceed original nameplate capacity by up to 5%.
Ferro-niobium, copper concentrates, calcined alumina and manganese ore shipments to the group of nations also spiked in the period, official data shows.
Fábio Bellotti da Fonseca replaces Marcelo Cordaro, who is leaving the company after eight years.