In a new statement, he took advantage of Milei from the US to establish a dialogue channel that favors productive complementarity in both countries.
In a context of strong fall in production, Argentine Steel Chamber (CAA) requested government intervention to Revert the increase in tariffs imposed by the United States. In January, steel production registered a year -on -year decrease of 26.5%, which generated concern in the sector.
“The CAA is confident that the government can establish a dialogue channel that allows to reverse the measure, favoring the productive complementarity between the steel industry of both countries. This would bring benefits for both their economies and the private sector, workers and the entire value chain of steel, “the entity said in a statement.
On February 10, former president Donald Trump published a presidential proclamation within the framework of section 232, establishing a additional 25% tariff over all steel imports and products referred globally.
Since the implementation of these regulations in 2018, Argentina had managed to negotiate an export fee of 180,000 tons per year of steel to the United Statesstrictly complying with the agreed volumes. With a 0.20% participation in world steel production, the country has established itself as a reliable supplier. In addition, the Argentine steel industry supplies the American with essential supplies for its production processes, authorized by the regulatory bodies of that country.
As reported Scope, The new tariff barriers introduced by Trump will raise “more than significant” difficulties for the Argentine metallurgical industry, particularly for companies such as companies such as Aluar and the companies of the Techint group as Tenaris and Ternium, “That they are key actors in the export of these metals”, according to Leonardo Anzalone, Director of Center for Political and Economic Studies (CEPEC).
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Steel production increased by 17%
In January, raw steel production reached 299,700 tons, which meant a 17% increase compared to December, but a 26.5% decrease compared to the same month of 2024.
On the other hand, The production of laminates stood at 286,600 tons, reflecting a monthly increase of 25.9% and an interannual drop of 5.8%. Demand in 2025 is expected to exceed 2024, driven by a gradual recovery of economic activity and inventory recomposition, after the significant reduction experienced last year.
Performance of the steel demanding sectors
- Construction: Cement offices in January grew 9% compared to December and 8% compared to the same month of 2024.
- Automotive industry: The production of vehicles fell 22% compared to December, although it showed a 33% growth compared to January last year. Meanwhile, the patents reached 69,000 units, which represented an intermensual 219% increase and 103% in interannual terms.
- Energy: The steel offices towards areas with energy activity were stable, with favorable perspectives for the remainder of the year.
Source: Ambito
