They monitor the import of steel tubes for the region of Vaca Muerta

"The objective of this monitoring is to safeguard the production and employment of the Argentineans.The steel industry for the production of tubes in recent months has made a very competitive offer," says Dante's portfolio. If it.

They point out that the Argentine industry that provides production and driving ducts is made up of large companies and local SMEs capable of generating energy and pipeline development that develops Argentina.

In Production, they consider it "of utmost importance" that local businesses can leverage Vaca Muerta's power as a dynamic sector of the local economy and productive capacity.

They claim that "these alleged imports could pose a risk to the sustainability of the domestic industry – in particular for the sector SMEs", a tube producer, which employs more than 5,000 technically highly qualified people and has of a competitive capacity of local tubes ".

According to sources in the portfolio, companies in the sector working with Vaca Muerta have warned in recent weeks against an unusual increase in overseas purchases of locally manufactured products.

The problem of steel surpluses at the global level is already long. This is due to the overproduction of China which has generated a strong global imbalance. Last year, Donald Trump decided to raise the level of protection of steel and aluminum in the United States. Argentina has not been penalized, but partners like Canada, Mexico and the European Union have been affected by the measure. Other countries around the world have followed the path of higher fares. Although Argentina has not announced the increase of its levels of protection in accordance with the rules of the World Trade Organization (WTO), this is interpreted as a preliminary step. Techint, one of the largest companies in Argentina, is one of the world leaders in the production of tubes for the oil industry and constantly draws attention to the overproduction of steel in China, directly or indirectly focused on Latin America. In Production, dissociate this early monitoring of the conflict started with Tecpetrol, the Techint group company that is exploring at Vaca Muerta, which has called on the national government for the reduction of the agreed subsidies for the operation in this area of ​​Neuquén. As part of the fiscal adjustment carried out by the national government, the Minister of Finance, Nicolás Dujovne, decided to reduce the aid to the company. However, the mere fact that Argentina is starting to monitor steel imports is in itself an element of distortion of relations with the organization under Paolo Rocca.