Argentinian crude steel production drops 7.2 percent in May

Monday, 24 June 2019 23:44:12 (GMT+3)   |   Sao Paulo

Argentinian crude steel production in May declined 7.2 percent, year-on-year, and 3.4 percent, month-on-month, to 406,800 mt, local steel association, Camara Argentina del Acero (CAA), said on Monday.

According to the local steel association, hot rolled finished steel production in May totaled 427,000 mt, 3.7 percent up, year-on-year, and 6.4 percent up, month-on-month. Local cold rolled steel production in May was 107,400 mt, 16 percent up, year-on-year, and 6.2 percent up, month-on-month.

As for the accumulated period of January to May, Argentinian crude steel production fell 10.7 percent, year-on-year, to 1.90 million mt.

Argentinian hot rolled finished steel production in the January-May period was 1.72 million mt, 17.9 percent down, year-on-year. Cold rolled steel production in the January-May period was 429,500 mt, 22.3 percent down, year-on-year.

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