Despegue Proyectos Proyecto RIGI ESEN
up to date · reviewed Aug 30, 2026
Steelmaking - Long steel products/Buenos Aires
approved

Sidersa Argentine Steel Project — long steel products

total investment in the act
286USD M

New long-steel plant — the first steel mill built in the country in over 50 years according to the official portal — with state-of-the-art technology, lower CO2 emissions and circular-economy-based production. Theoretical capacity: 360,000 t/yr (norm summary). Official portal: 3,800 jobs (direct and indirect).

operator
SIDERSA ACERIA S.D.E.
approving act
Resolución 1028/2025
Summary
share among the 22 approved RIGI projects we tracktotal USD 33,041 M
Sidersa Argentine Steel Project0.9%
the other 21USD 32,755 M

The projectwhat it is, the route, the owners, the works and the contractors

Who owns it

SIDERSA ACERIA S.D.E. (VPU, CUIT 33-71879284-9) verif · Jul 22, 2025

We have not worked on this yet · 2 blocks
  • The works, milestone by milestone — We have not built this project’s timeline. Dated milestones with their source close it.
  • Who already has a contract — We have not surveyed this project’s awards. A published contract with its source closes them.

How to supply itwhere to register, what they ask for and what they will buy

How to become a supplier

We have not worked on this yet

We have not built this project’s entry map. It is our gap, not a prohibition: it closes by opening the provincial register and the operator’s single window.

What it will buy, and when

Each phase buys different things at different times.

happening now1 phase

Construction of the steel mill and the rolling mill

under way
36 months from June 2025 → mid-2028 per the act; the company declares the works will end in late 2027

Verbatim from the act: «within an estimated total construction time of thirty-six (36) months counted from June 2025». The plant makes long steel —a steel mill plus a continuous tandem rolling mill— and uses 99.5% scrap as raw material. Investment plan from admission: USD 142,874,000 in the first year and USD 127,334,000 in the second, with an Oct 31, 2026 deadline. ⚠️ In August 2026 the works were 30% complete and the company’s director declared the works would end in late 2027, six months earlier than the act’s own arithmetic.

not started yet1 phase

They are not buying any of this today. Open the phase to see the detail and arrive qualified the day it goes to tender.

Start-up and operationfirst half of 2028 per the company; full capacity of 360,000 t/yr from the fourth yearnot startedno items
Looking for work rather than to supply? What this project leaves the people of Buenos Aires (in Spanish)
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What it leaves in Buenos Airesjobs, works, taxes, promises and the outlook

How many jobs it creates

In construction

700 workers on site in August 2026, with an expected peak of between 900 and 1,000, mostly local labour people on site (own staff plus contractors); this is the headcount at that moment and the declared peak, not an average over the 36 months prob · Aug 1, 2026

In operation

around 300 direct employees and some 3,000 indirect jobs permanent jobs once the plant is running: 300 direct and 3,000 indirect, declared separately prob · Aug 1, 2026

We have not worked on this yet · 3 blocks
  • The works that stay behind — We have not surveyed this project’s permanent works. A published size with its source closes them.
  • What it already pays in taxes and royalties — We have not broken down this project’s local fiscal contribution: the primary source that sets each item still has to be opened, and an act of the State is not published on press backing.
  • Who promised what — We have not surveyed the public promises about this project. A dated, verifiable commitment with its source closes them.

What could stall itrisks and how to track them

We have not worked on this yet · 2 blocks
  • What could stall it — We have not documented this project’s risks. An identifiable vector with its source closes them.
  • How to tell whether it is advancing — We have not defined this project’s indicators: what observable fact marks its progress still has to be identified.

How we verified thisthe act, the gaps and the sources

The RIGI act, in detail

Administrative file number

EX-2024-136346034- -APN-SCEYM#MEC verif · Jul 22, 2025

Accession date

May 30, 2025 verif · Jul 22, 2025

The act’s articles, in detail

1 facts on the commitment
Vehículo de Proyecto Único

SIDERSA ACERÍA S.D.E., tax ID 33-71879284-9. verif · Jul 22, 2025

What we could not confirm

There are 1 in this project. Each says why it could not be confirmed and what it would take to close it.

H-01How many of today’s 700 workers are from San Nicolás and its area+

The company states the works are «mostly local labour» but does not publish the percentage, and the act does not require it: the commitment in Resolución 1028/2025 is about suppliers, not payroll.

What would close itSidersa’s sustainability report, or a figure from the municipality of San Nicolás.
How to read the seals →   verif primary source · prob primary source pending · unconf not sufficiently backed · estim our own calculation · thesis our reading
Fact sheet built on primary sources, with the gaps declared. Back to the RIGI pipeline