Mild rebound in June and the use of installed capacity does not reach 50%

Mild rebound in June and the use of installed capacity does not reach 50%

The metallurgical sector grew by 2.3% year -on -year in June, but continues 15% below its historical levels, with an installed capacity use that does not exceed 46%.

The Metallurgical activity It remained in a plateau in June, showing slight increases that are insufficient to approach historical levels and maintain the use of the installed capacity Below half without the possibility of generating employment. According to a report from Adimrathe sector in June grew 23% in an interannual form and 0.1% Regarding May. In June of last year a fall of 17.3%with which the increase is the product of a very low comparison base.

With this result, metallurgy is found 15% below the highest historical levels. On the other hand, the use of installed capacity is 45.9%.

“While the local industry shows signals of stagnation and at very low historical levels, the entry of imported products grows at an average rate of 5%“, accurate Elio del Rehead of Adimra. The industrialist considered that it is “essential to advance with measures that strengthen the Productive framework. The current scenario raises important challenges, and it is essential to have a Active Industrial Policy that promotes productivity and the generation of quality employment ”.

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Metallurgy is 15% below the highest historical levels.

Metallurgy is 15% below the highest historical levels.

Metallurgical Industry: Analysis by sector

In the analysis towards the interior of the metallurgical industry, there was a drop in strategic subsectors such as Autopartes (-2.6%) and Capital goods (-1.2%), while Agricultural machinery and of Bodybuildings and trailersthey had increases of up to 14.3%.

Without considering these specific sectors, the rest of the metallurgical framework shows a fall in the -0.1% interannual also starting a month of very low comparison in the previous year that was of -17.3%. With respect to the situation of the main metallurgical provinces, Santa Fe (4.3%) and Cordova (2.5%) They continued showing positive variations, driven by agricultural machinery activity.

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Without considering these specific sectors, the rest of the metallurgical framework shows a fall of -0.1% interannual

Without considering these specific sectors, the rest of the metallurgical framework shows a fall of -0.1% interannual

On the contrary, Mendoza (-0.7%) and Buenos Aires (-0.9%) showed interannual falls, reflecting the lack of dynamism and difficulties in consolidating a firm recovery. Entre Ríos (1.5%) presented a moderate increase, but with a contained pace and without clear consolidation signs.

At the level of employment there is an interannual decrease in 2.2% and compared against the month of May is in 0.3%.

Source: Ambito

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