10,319.96 TRY BIST 100 BIST 100
4.49 CNY CNY CNY
34.99 EUR EUR EUR
32.25 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
42.53 TRY Interest Interest
83.58 USD Fossil Oil Fossil Oil
29.64 USD Silver Silver
4.91 USD Copper Copper
117.33 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,467.82 TRY Gold (gr) Gold (gr)

Argentina's crude steel production rises again

Crude steel production in Argentina reached 463,600 tons in June from 446,900 tons in May.

Argentina's crude steel production rises again

Production of hot-rolled products increased by 22.5% to 220,600 tons, while production of cold-rolled products decreased by 2.6% to 96,900 tons, and production of long products increased by 13.4% to 217,700 tons.

Main drivers of steel demand were agricultural machinery, the automotive industry, the energy sector and household appliances.

There are difficulties in importing raw materials not produced in the country due to the financial crisis that Argentina is facing, including a lack of foreign exchange and very high inflation.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

How the CEO of Emirates Steel Arkan is Transforming Leadership

Saturday, May 18, 2024

Taiwan's Feng Hsin keeps prices stable

Thursday, May 16, 2024

US steelmakers set cautious growth expectations for 2024

Friday, May 17, 2024

Rebar prices fall in India

Friday, May 17, 2024

The new Dutch government is cutting climate funding

Friday, May 17, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now