Argentinian crude steel production in January declined 14.6 percent, year-on-year, and 11.3 percent, month-on-month, to 329,500 mt, according to data released by the nation’s steel chamber, CAA.
The local steel association said hot rolled finished steel output in the first month of the year diminished 9.1 percent, year-on-year, and 9.3 percent, month-on-month, totaling 337,900 mt.
On the other hand, cold rolled flat steel production in the same period rose 37.8 percent, year-on-year, to 122,100 mt. When compared to December, cold rolled flat steel output declined 2.5 percent.