Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Imports of common metals and manufactures increased by 105pc in Argentina in the first half of 2021 compared to H1 2020, reported the National Institute of Statistics and Censuses (INDEC).


The Foreign Trade Statistics report details that between January and June of this year, Argentina imported metals and manufactured products worth $2.01bn rising more than two-fold from $982mn in the first six months of 2020.


Exports of common metals and manufactures jumped 10pc in the first half of this year, to $711mn from $646mn in H1 2020.


Argentine iron and steel imports jumped 273pc in H1 2021, to $838mn from $224mn in the same year-ago period. Meanwhile, sales abroad grew by 22.1pc, to $178mn from $146mn between January and June 2020.


The value of iron and steel articles that arrived at Argentine ports in the first six months of the year rose by 28.2pc, to $394mn from $307mn in H1 2020 while the value of shipments of these products was 28.6pc higher at $226mn compared to $176mn during the same timeframe under review.

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