Argentinian crude steel output declines 26.8 percent in March

Wednesday, 08 April 2020 22:58:42 (GMT+3)   |   Sao Paulo

Argentinian crude steel production in March declined 26.8 percent, year-on-year, and 16.7 percent, month-on-month, to 286,200 mt, the lowest level so far in the year, according to local steel association Camara Argentina del Acero (CAA).

Local hot rolled finished steel output in March reached 263,800 mt, 27.4 percent down, year-on-year, but 10.2 percent up, on a month-on-month basis. Cold rolled flat steel production in the third month of the year fell 41.5 percent, year-on-year, and 47.1 percent, month-on-month, to 56,700 mt.

Argentinian crude steel output in Q1 totaled 928,200 mt, 14 percent down, year-on-year. Argentinian hot rolled finished steel output in Q1 decreased 11.2 percent, year-on-year, to 793,400 mt. On the other hand, cold rolled flat steel production in Q1 rose 28.6 percent, year-on-year, to 284,100 mt.

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