Argentina's crude steel output reaches 5.03 million tons

Argentina’s crude steel output reaches 5.03 million tons

The Center of Steel Industrialist stated that 2003 was a record year for Argentina's iron and steel industry in terms of production of primary iron, crude steel and hot and cold rolled products. Crude steel production in Argentina reached 5.03 million tons in 2003, up by 15.6% compared to 4.4 million tons recorded in 2002. Primary iron output was up by 13.4% to 4.1 million tons in 2003. The production of hot and cold rolled steel increased by 22.1% and 18% respectively. Latin American Iron & Steel Institute ILAFA expressed that the increase in steel production is in relation with strong exports and domestic demand.