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The Argentina government has announced the abolition of export duties on steel and aluminum products by the end of this year, aiming to boost industrial exports and enhance global competitiveness.
The decision, confirmed by Argentina’s Ministry of Economy, is part of a broader plan to revive the country’s manufacturing sector and attract foreign investment. The export tax removal will apply to finished and semi-finished steel and aluminum products, benefiting producers and exporters in the mining and metallurgical industries.
Officials stated that the move is intended to encourage value-added production, improve trade balance, and stimulate job creation across key industrial hubs. The reform aligns with Argentina’s strategy to strengthen its position in the global metals market, where South American producers face rising competition from Asia.
Industry leaders have welcomed the decision, calling it a timely step to improve liquidity and market access for exporters. However, analysts caution that the policy’s success will depend on currency stability and infrastructure support to ensure cost-effective exports.
The announcement reflects Argentina’s efforts to promote industrial growth, improve export incentives, and support long-term economic recovery.
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