The Argentine Industrial Steel Center said that Argentina's steel production rose by 12% YoY in May 2008 as companies increased capacity to meet demand.
The steel industry said that production of crude steel increased to 499,200 tonnes from 444,600 tonnes in May 2007 and output of hot rolled coil steel climbed by 9.2% YoY to 490,100 tonnes.
Ternium SA and ArcelorMittal are the biggest steelmakers in Argentina.
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