Argentinian crude steel output decreases 3.8 percent in February

Argentinian crude steel output decreases 3.8 percent in February

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Argentinian crude steel output in February declined 3.8 percent, year-over-year, and 10.8 percent, month-over-month, to 330,800 mt, according to local steel association, Camara Argentina del Acero (CAA).

Hot rolled finished steel output in February rose 50.6 percent, year-over-year, but dropped 12.2 percent, month-over-month, to 360,500 mt. Cold rolled flat steel production in the second month of the year totaled 122,800 mt, 14.6 percent up, year-over-year, but 11.7 percent down, month-over-month.

As for the accumulated period of January to February this year, Argentinian crude steel output reached 701,500 mt, 9.3 percent up, year-over-year. Hot rolled finished steel in the January-February period improved 45.7 percent, year-over-year, to 771,300 mt. Cold rolled flat steel output in Jan-Feb increased 15.2 percent, year-over-year, to 262,000 mt.

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