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).

It’s sending nearly 10 million tons of steel a year, valued at $8.5 billion, to Latin America — a huge jump from a mere 80,500 tons in 2000, according to regional steel association Alacero.

Latin America last year 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).

It’s sending nearly 10 million tons of steel a year, valued at $8.5 billion, to Latin America — a huge jump from a mere 80,500 tons in 2000, according to regional steel association Alacero. Now, that ...