Argentinian crude steel production declines 9.1 percent in April

Wednesday, 29 May 2019 19:56:02 (GMT+3)   |   Sao Paulo
       

Argentinian crude steel output in April fell 9.1 percent, year-on-year, but increased 7.7 percent, month-on-month, to 420,900 mt, according to local steel association, Camara Argentina del Acero (CAA).

Argentinian hot rolled finished steel production in April was 401,400 mt, 6.6 percent down, year-on-year, but 10.5 percent up, on a month-on-month basis.

Cold rolled flat steel production in April dropped 11.1 percent, year-on-year, but improved 4.4 percent, month-on-month, to 101,100 mt, the third consecutive month-on-month growth and the highest rate thus far in 2019.

CAA said crude steel output in the accumulated period of January to April reached 1.5 million mt, 11.6 percent down, year-on-year.

Argentinian hot rolled finished steel production in the January-April period decreased 23.1 percent, year-on-year, to 1.29 million mt. Cold rolled flat steel production in the January-April period was 322,000 mt, 30 percent down, year-on-year.


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