The installed capacity is at 50.3%, it fell -5.6% below the same month of the previous year and -9.4% below the 2023 average.
The metallurgical industry continues with numbers in the red and in October it registered drops of 7% year-on-year and 0.2% against September, according to data from the Association of Metallurgical Industrialists of the Argentine Republic (ADIMRA). In this way, the sector accumulates a contraction of 13.5% in relation to the same months of the previous year. The province of Buenos Aires failed to stop the decline and contracted more than the average: – 7.8%.
The installed capacity is at 50.3%, it fell -5.6% below the same month of the previous year and -9.4% below the 2023 average.
In the analysis towards the interior of the metallurgical industry, A systemic drop was recorded in all subsectors ranging from -4.1% to -17.4%, with the exception of Agricultural Machinery and Bodywork and Trailers, two items that the previous year had been among the most affected by the drought. .
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Regarding the situation of the main metallurgical provinces, Buenos Aires registers the largest drop than the average. It is observed, again, generalized year-on-year falls in all regions ranging from -4.1% to -7.8%.
In it Employment level shows an interannual decrease of -2.3% and compared to the month of July, it decreased -0.1%, due to the strong contractions in activity verified in recent months.
The president of ADIMRA, Elio Del Re, said: “We believe in the industry because it is the solution to Argentina’s problems. There is no developed country in the world that does not have a strong metallurgical industry. That is why it is essential to work together in the public sector. and private efficiently, to have a competitive environment that“and allows the industrial sector to show its full potential”.
Source: Ambito
