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Argentine slab imports soar on Siderar furnace stoppage

Keywords: Tags  Argentina slab, slab imports, furnace outage, steel slab, Ternium, Siderar, Mercosur, Ana Paula Camargo

SÃO PAULO — Argentina’s slab imports more than doubled last year following a shutdown of the No. 2 blast furnace at Ternium SA subsidiary Siderar SAIC.

Imports totaled 215,076 tonnes, up from 104,801 tonnes in 2011, according to the AliceWeb Mercosur system, which brings together official figures from four members of the Mercosur trade block: Argentina, Brazil, Paraguay and Uruguay.

Brazil was the largest supplier, shipping 82,913 tonnes, up 21.3 percent from 68,332 tonnes in 2011, followed by Russia at 75,671 tonnes (up from 20,385 tonnes) and Mexico at 69,634 tonnes (vs. zero in 2011).

Of the total volume of slab imported by Argentina last year, 169,011 tonnes arrived in November and December—including 75,631 tonnes from Russia, 69,634 tonnes from Mexico and 23,371 tonnes from Brazil—following the stoppage at Siderar’s No. 2 furnace in October due to problems that arose during planned repair work.

Siderar said in January it would import slab from Brazilian sister company Usinas Siderúrgicas de Minas Gerais SA (Usiminas).

A version of this article was first published by AMM sister publication Steel First.

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