Rigi Industry Debut: Approve Project to Build First Steelworks in 50 Years

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Minister Luis Caputo announced that he will be in the city of San Nicolás and will require US$ 286 million.He will produce 360,000 tons of inputs annually.

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The RIGI Evaluation Committee (Incentive System for Large Investments) under the Ministry of Economy approved the first investment for the industrial sector. The company Sidersa of Rosarino origin will invest a total of US$ 286 million in the construction of a steel mill in San Nicolás. “A new state-of-the-art steel mill will be built in San Nicolás,” said the owner of the Treasury. This investment will generate more than 300 direct and 4,000 in…

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Economy Minister Luis Caputo announced the approval of the initiative of metallurgical Sidersa for the construction of a plant in the Buenos Aires town of San Nicolás. Read more

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The National Government’s Evaluation Committee approved the fifth project under the Big Investment Incentives Regime (RIGI). This time, to an industrial investment: Sidersa will disburse $286 million for the construction of a steel plant in San Nicolás, Buenos Aires province. The drive to this project occurs at a key moment for the industrial sector: on July 9, the President of the United States, Donald Trump, will announce how the tariff scheme…