Argentinian crude steel output plummets in April

Wednesday, 13 May 2020 23:00:34 (GMT+3)   |   Sao Paulo

Argentinian crude steel output in April plummeted 74.5 percent, year-on-year, and 62.6 percent, month-on-month, to 107,100 mt, following Argentina’s lockdown in March, according to a report from the local steel chamber, CAA.

Hot rolled finished steel production in April fell 72.8 percent, year-on-year, and 58.6 percent, month-on-month, to 109,100 mt. Cold rolled flat steel output in April dropped 63.7 percent, year-on-year, and 35.2 percent, month-on-month, to 36,700 mt.

Argentinian crude steel production in the accumulated period of January to April diminished 31 percent, year-on-year, to 1.03 million mt.

Hot rolled finished steel production in the January-April period reached 902,500 mt, 30.3 percent down, year-on-year. Cold rolled flat steel output in the January-April period fell 0.4 percent, year-on-year, to 320,800 mt.

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