China’s overcapacity problem: The LatAm ripple effect

About this episode

The episode discusses how China's industrial overcapacity is affecting demand for Latin American exports.

In this episode of Market Points, host Nick Pocrnic, Director, Mining Sales Specialist at Scotiabank in Toronto, speaks with Alfonso Salazar Herrera, Analyst, LatAm Metals & Mining at Scotiabank Inverlat in Mexico City, about how China’s mounting industrial overcapacity is reshaping demand for key Latin American exports. From steel and iron ore to copper and pulp, they explore the knock-on effects of China’s slowing construction, shifting trade patterns, and discuss expectations around China’s upcoming five-year plan. With Latin American producers and investors squarely in the path of these structural shifts, Alfonso cautions, “if you get China wrong, you get everything wrong.”

People in this episode

Host: Nick Pocrnic

Guest: Alfonso Salazar Herrera

Topics covered

• China's industrial overcapacity
• Latin American exports
• steel and iron ore
• copper and pulp
• China's five-year plan
• construction demand
• trade patterns

Keywords

• China
• overcapacity
• Latin America
• exports
• steel
• copper
• construction
• trade patterns
• five-year plan

Mentioned in this episode

Organizations: Scotiabank, Scotiabank Inverlat

Places: China, Latin America, Toronto, Mexico City

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