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Wednesday, October 19, 2011

Argentina’s crude steel output down 3.4 percent in Sept from Aug

Wed, 19 October 2011

According to the data released by Argentina's chamber of steel, in September this year Argentina's crude steel output amounted to 472,900 metric tons, falling by 3.4 percent as compared to the previous month and up 4.9 percent year on year.

In September, Argentina's total hot rolled steel product output decreased by 11.3 percent month on month to 443,200 metric tons, while a four percent decrease was recorded on year-on-year basis, including output of 225,800 metric tons of hot rolled flat steel products - down 9.6 percent month on month, and 217,400 metric tons of long steel products, decreasing by 13 percent compared to August this year.

In the given month, the country's cold rolled flat steel product output fell by 18.2 percent month on month to 95,300 metric tons, decreasing by 30.8 percent as compared to September 2010.

On the other hand, in the first nine months of this year, Argentina's crude steel production totaled 4.17 million metric tons, increasing by 9.4 percent year on year. However, as compared to the January-September period of 2008, the country's steel production in the corresponding period this year indicates a decrease of six percent.

Tags: raw mat , Argentina , South America , production (sourced steelorbis)

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