The metallurgical industry collapsed 7.3% year-on-year in September

The metallurgical industry collapsed 7.3% year-on-year in September

October 14, 2024 – 12:26

Despite this, compared to August of this year, there was an advance of 0.8%. In this way, it accumulates a contraction of 14.1% in relation to the same months of the previous year and 6.2% in the accumulated of the year.

The metallurgical industry in September plummeted 7.3% year-on-yearDespite this, compared to August of this year, there was an advance of 0.8%. In this way, it accumulates a contraction of 14.1% in relation to the same months of the previous year and 6.2% in the accumulated of the year.

For its part, The installed capacity is at 50%which implies that it fell 5% below the same month of the previous year and 9.9% less than the average for 2023. In the analysis within the metallurgical industry, a systemic fall was recorded in all subsectors that range from 6.4% to 23.5%.

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Regarding the situation of the main metallurgical provinces Buenos Aires and Córdoba registered a greater drop than the average. Once again, widespread interannual falls are observed in all regions ranging from 9.6% to 1.4%, although it is slowing down compared to previous months, reported

In the level of employment, an interannual decrease of 3.2% is observed and compared to the month of July, it decreased 0.2%due to the strong contractions in activity verified in recent months.

Source: Ambito

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