Argentine steel manufacturer Sidersa has been approved to seek a $2.863 billion investment through an incentive program.

According to the official government bulletin released on Tuesday, Argentine steel manufacturer Sidersa has been approved to participate in the government incentive program to finance their $286.3 million steel plant project aimed at increasing production capacity. This project aligns with Argentina's strategic goals of promoting industrial growth and economic stability through the "Large Investment Incentive System."