Argentina’s crude steel output declined in April, with production reaching 317,400 metric tons, down from 330,800 metric tons in March, according to Acero Argentino (AA). Despite this decline, rolling activities increased, driven by the resumption of operations at plants that previously faced unscheduled stoppages.
Hot-rolled coil (HRC) production grew by 1.9 percent to 192,700 metric tons, while cold-rolled coil (CRC) saw a 15.7 percent increase to 102,200 metric tons. Long products production also rose by 13.5 percent to 140,200 metric tons. Compared to April 2024, crude steel production increased slightly by 0.2 percent, while HRC and CRC production surged by 12.3 percent and 25.9 percent, respectively.
AA noted that although the local steel market is recovering, demand remains below expectations. Shipments are expected to improve in the coming months, driven by growth in the civil construction, agricultural, and energy sectors. However, rising competition from imported goods continues to pressure domestic appliances and packaging industries. Additionally, concerns about the country’s high tax burden remain a challenge for local manufacturers.