[Argentina's Steel Production Increases Across the Board in May]

Published: Jul 1, 2026 10:15

Save

Argentina's crude steel production reached 399,400 metric tons (mt) in May 2026, marking an increase from 387,400 mt in April and a 14% rise compared to May 2025. On a monthly basis, hot-rolled coil (HRC) production surged by 48.5% to 192,000 mt, cold-rolled coil (CRC) increased by 8.5% to 102,500 mt, and long products rose by 6.1% to 133,800 mt. However, year-over-year data shows CRC and long products both declined by 9.8%. While energy and agriculture continue to drive effective steel demand, the domestic industry remains pressured by weak civil construction, tax structure burdens, and a notable influx of cheap Chinese imports affecting the local auto sector's consumption.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

41 mins ago

[Yonggang July 2026 Issue 1 Carbon Steel Price Adjustment]

[Yonggang 2026 July-1 Common Steel Price Adjustment] Rebar lowered by 100 yuan/mt, wire rod lowered by 50 yuan/mt

41 mins ago

55 mins ago

[SMM Lecong HRC Inventory] Lecong's inventory accumulated again this week.

Lecong's HRC inventory stood at 941,300 mt this week, up 3,600 mt WoW, or 0.38 pct, with calendar YoY growth of 37 pct and lunar YoY growth of 36.62 pct.

55 mins ago

1 hour ago

Shagang July 2026 Hot-Rolling Price Adjustment Information

1 hour ago