Overview
- Since July 26, ArcelorMittal’s Acindar has shut down 80–85% of its Villa Constitución plant, suspending more than 500 workers under its existing rotation scheme.
- UOM leader Pablo González warned the situation is critical and confirmed that one of the main rolling trains will remain inactive beyond initial schedules.
- Weak domestic demand, driven by a 19.5% drop in construction and a 12.4% manufacturing decline, and surging Chinese steel imports prompted the stoppage.
- Acindar has operated at roughly 50% capacity since 2024 and introduced a suspension scheme paying 75% of wages alongside voluntary retirement offers to limit job cuts.
- ArcelorMittal is assessing extending similar week-long shutdowns and workforce furloughs at its Rosario, San Nicolás, La Tablada and Villa Mercedes facilities.