Argentina Implements Steel Price Control for Construction Sector
Argentinian steelmaker ArcelorMittal’s Acindar and Ternium Argentina have joined a government program that sets reference prices for civil construction products until year end. Argentina’s Secretary of Domestic Commerce of the Nation Ms Paula Español has signed an agreement on reference prices of materials and supplies for construction throughout the country. Through an agreement with the most important companies in the sector, such as Acindar, Ternium, Loma Negra, Cemento Avellaneda and PCR, reference values are established until the end of the year with a bimonthly review and renewal. In order to provide a signal of stability and offer products at agreed prices, the new program includes sheets, steel products, lime and cement. The prices of these items are reference values and not offer values, with the aim that consumers have available guidance when making their purchases and can act with predictability. They will be available in throughout the country.
Rods ADN 420 6MM 12MTS - USD 711 - Acindar
Rods ADN 420 8MM 12MTS - USD 1,181 - Acindar
GC sheet 0.4mm Z180 - USD 1,450-1470 - Ternium
Mini mesh Q131-3MTSX2,4 5 5 150X150 - USD 3,083 - Acindar
Ternium Argentina Commercial Director José del Boca said “With the commitment that we signed to disseminate a suggested price at the resellers' counters, Ternium continues to coordinate measures with the Ministry of Domestic Trade to contribute to the sectorial efforts, accompany demand and needs, in this context of industrial recovery.
Acindar IR Manager Facundo Velasco said that "with this agreement we conclude an extensive work with the Secretary of Commerce that will allow us to establish the conditions to offer products to the corralones in a competitive and immediate way".