Argentina's steel production increases in August

21 septiembre, 2023 por

Initial figures released by Acero Argentino (AA), Argentina's steel industry chamber, suggest that crude steel production in August surged by 22.0 percent to reach 421,900 metric tons, marking a significant rebound from July. This resurgence is attributed to a return to normal operations following labor strikes in July, which severely disrupted steel production in Argentina, led by the UOM workers union.

In a similar comparative context, the production of Hot Rolled Coils (HRC) saw a notable increase of 16.3 percent, reaching 209,500 metric tons. Concurrently, Cold Rolled Coils (CRC) production experienced a modest rise of 3.7 percent, reaching 109,700 metric tons, while long product production expanded by 12.4 percent, reaching 188,300 metric tons.

Read More: US CRC exports up 6.2 percent in July

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