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Acindar Halts 85% of Production at Villa Constitución, Suspends Over 500 Workers

The steelmaker has paused operations through August 4 under a rotating furlough plan.

La siderúrgica Acindar frenó el 85% de su producción en la planta de Santa Fe y suspendió a más de 500 trabajadores por una semana
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Acindar
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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.