REPORT "CURRENT EVENTS OF THE METALLURGICAL INDUSTRY" - DECEMBER 2023
REPORT "CURRENT EVENTS OF THE METALLURGICAL INDUSTRY" - DECEMBER 2023
The Association of Metallurgical Industrialists of Rosario presents its Economic Activity Report of the Rosario Region, corresponding to December 2023 (Year 7 - No. 38).< /p>
The purpose of this publication is to prepare and present relevant information, in a systematic and updated manner, regarding the current and structural evolution of the local, regional and national metallurgical industry. Also, provide elements for the study of its main obstacles, problems and relevance in the Argentine productive sector.
This report was processed with data available as of December 27, 2023.
In the first nine months of 2023, 49% of metallurgical activities faced an increase in their turnover lower than the consumer price index. This group with the worst relative performance involved 62% of the total sales of the local metallurgical industry. The largely unfavorable situation that the local metallurgical industry is going through is also verified from this perspective.
From September 2020 to the present, the total number of salaried workers in the Santa Fe metallurgical industry increases year-on-year, thus reaching an important phase of recovery and growth in formal employment for three consecutive years.
With m&More than 58,000 registered salaried workers, formal employment in the Santa Fe metallurgical industry expanded by 1.6% year-on-year in September 2023. However, in recent months there has been a noticeable slowdown. The current level of metallurgical employment is 22.5% above the minimum recorded in May 2020 (pandemic), a figure equivalent to the creation of 10,700 registered jobs.
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