The metallurgical sector showed in July a slight monthly improvement, but continues 15% below historical peaks and with a use of installed capacity at just 45%. Strategic subsectors continue in recoil and employment maintains their downward trend.
The Metallurgical production in July a slight monthly improvement of the 0.3%but continues to show signals of stagnation and very low activity levels in historical terms. According to the monthly report of the Association of Metallurgical Industrialists of the Argentine Republic (Adimra), the sector entails an interannual advance of the 1.8%which contrasts with the strong fall of -11.7% registered in the same month of 2024.
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Even with punctual improvement, the activity maintains a 15% below the historical maximums and with a Use of installed capacity at just 45.2%one of the lowest levels in decades.


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The activity remains 15% below the historical maximums
Metallurgical industry: disparate performance between subsectors
Within the industry, falls were observed in Autopartes (-2.9%) and capital goods (-1.8%)considered strategic for the productive framework. In contrast, branches like agricultural machinery and bodybuildings and trailers They showed up to 17.7%. Excluding these specific improvements, the rest of the sector exhibited an interannual fall of the -1%.
The president of Adimra, Elio del Rewarned that the industry “shows signals of stagnation and at very low levels”, to which imports in record volumes are added. “The indiscriminate opening promises low short -term prices, but it is expensive in the future. A clear example is the enable of machinery used without technical criteria: the standards are lowered, competitiveness is eroded and local employment is lost,” he said.
Provincial Panorama and Employment
In the regional analysis, Santa Fe (4.8%) and Entre Ríos (3.6%) They achieved progress thanks to the thrust of agricultural machinery. On the contrary, Mendoza (-4%), Córdoba (-2.4%) and Buenos Aires (-1.4%) They showed interannual setbacks, reflecting the difficulties in consolidating a firm recovery.
In labor matters, the report indicated a Employment drop of -1.9% year -on -year and of -0.1% compared to Juneconfirming the weakness of the activity.
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Within the industry, falls in auto parts (-2.9%) and capital goods (-1.8%) were observed
As he could know Scopecompanies do not foresee a recovery in the coming months and must appeal to suspensions to avoid staff layoffs, waiting for labor reform. As well as insist on the municipal tax reduction and indicate that the costs generated by work insurers They put pressure on the total costs.
Source: Ambito