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Crude steel production in Argentina shows a slight increase in July

Производство сырой стали в Аргентине демонстрирует небольшой рост в июле
The Argentine Steel Chamber Acero Argentino (AA) reported that the country's crude steel production in July reached 327,500 tons against 320,100 tons in June.

On a similar comparative basis, HRC production decreased by 8.9 percent to 149,300 tons, CRC production increased by 9.2 percent to 103,200 tons, and long products production increased by 30.1 percent to 128,300 tons.

Compared to June 2024, the data shows that crude steel production increased by 4.3 percent, HRC production decreased by 15.5 percent, CRC production increased by 9.2 percent, and long products increased by 10.1 percent.

According to the AA, the civil engineering sector continues to show a low level of activity, currently with signs of a possible recovery, which is reflected in an increase in cement purchases.

Production in the automotive industry decreased by 12 percent from June to July, although it increased by 10.1 percent compared to the same period in 2024 compared to the first seven months of the year.

The machinery and equipment sector continues to show strong and stable demand, although it complains about increased imports of new and used machinery from Brazil and China, which negatively affects local production.

Sectors related to mass consumption, such as household appliances and packaging, continue to be affected by increased imports of finished goods.



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