Metallurgical industry falls 10.3% year-on-year in February
Metallurgical activity recorded a year-on-year drop of 10.3% and a monthly decline of 1.9% in February according to ADIMRA, accumulating an 8.2% decrease for the year. Capacity utilisation fell to 40.2%, the lowest figure in four years, affecting the entire industrial value chain and the production of casting, capital goods and auto parts.
By aluminio.ar · Based on reporting by Revista Más Industrias
What you need to know
- The province of Buenos Aires registered the largest year-on-year drop at 12.9%.
- The casting sector led sectoral declines with a 15% plunge.
Read the full story on Revista Más Industrias
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