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Luis Caputo Talked About the Fight with Techint, Defended the Bid Won by the Indian Firm, and Said, "We're Not at War with anyone."

Summary by Clarin
The Minister of Economy said there is a "learning process" and argued that Paolo Rocca's company "surely" lowers prices in future bids."There is a war on the previous model, which generates resistance," he added.

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The Minister of Economy said there is a "learning process" and argued that Paolo Rocca's company "surely" lowers prices in future bids."There is a war on the previous model, which generates resistance," he added.

·Buenos Aires, Argentina
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The metallurgical entrepreneur and referent of ASIMET, Julio Totero, analyzed the recent controversy over the award of a tender to an Indian company of Chinese pipes over Techint. While validating the award by price, he warned about the vulnerability of the national industry to countries with subsidized cost structures and a suffocating tax pressure at the local level. "Argentina is an expensive and stuck country of taxes; if the conditions do n…

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The Minister of Economy, Luis Caputo, reported that the recent bid for pipes for Vaca Muerta reached a price of $1,400 per ton, compared to the $4,000 previously paid. The official explained that the savings directly impact on the viability of energy infrastructure works in Patagonia. Luis Caputo clarified that Techint’s defeat against the Indian company Welspun Corp does not represent a personal conflict with Paolo Rocca, but a shift towards a …

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The Minister of Economy, Luis Caputo, proved - once again- not to have any kind of inconvenience in spreading false information. In this case, the libertarian official spoke of a supposed wave of business opening in the face of the real tsunami of closure of companies caused by the rules of play imposed by the national administration of President Javier ...

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After the government’s crossing with Techint by the steel pipe tender that was awarded to an Indian company, Economy Minister Luis Caputo said that in the next two months a new buying process will be opened “for almost four or five times this.” “Techint is in a position to win any bidding; it is not a war with anyone in particular, but with the previous model,” the official said, seeking to lower the tone to the conflict. “We talked about the bi…

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After the displacement of the Argentine holding in the supply of pipes for Vaca Muerta, the government confirmed a new mass auction five times the current volume.The entry Conflict with Techint: the government announced a new call for bids for steel pipes was first published in #BorderPeriodismo.

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Bloomberg Linea broke the news in on Monday, February 2, 2026.
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