According to statistics released by the industry trade group Acero, Argentina's crude steel output totaled 379,900 tonnes in August 2012, rising by 10.4% MoM from a month earlier while decreasing by 22.4% YoY, caused by the maintenances at several steel mills.

Though the crude steel output declined by 22.4% YoY in August 2012, the domestic supply remained stable as the local enterprises had sufficient stocks.

Meanwhile, the country's pig iron production reached 118,100 tonnes in August 2012, declining by 44.2% MoM and falling by 64.5% YoY.

In August 2012, Argentina's output of hot rolled steel products totaled 400,500 tonnes, falling by 19.8% YoY and that of cold rolled steel products was at 122,900 tonnes, rising by 5.5% YoY.

Source - www.yieh.com)

(www.steelguru.com)