Buenos Aires, January 27 (NA) -- After losing the bid to Techinta, the Indian company Welspun won the tender for the supply of pipes for the Vaca Muerta gas pipeline. The company's CEO, Paolo Rocca, is analyzing the possibility of initiating a dumping investigation. The conflict erupted when Welspun won the tender for the gas pipeline pipes, which will connect the Vaca Muerta formation with the coast of Río Negro, displacing the national company Techint. The project is for the supply of large-diameter steel pipes for a duct of approximately 480 to 500 kilometers, which will join the Tratayén plant (Neuquén) with San Antonio Este (Río Negro), the base of the Liquefied Natural Gas (LNG) project. Techint lost a multimillion-dollar bid to an Indian company. The Indian firm outperformed 15 other international bidders from countries such as China, Spain, Mexico, and Turkey; and according to market data, the winning company's bid was 40% lower than that of the company led by Paolo Rocca. In response, it is rumored that Techint may initiate a dumping investigation against Welspun. What is dumping? According to the Argentine News Agency, it is a commercial practice that consists of selling products in a foreign market at a price lower than the normal or production cost, generating the displacement of competitors and acquiring market share. In this sense, from Paolo Rocca's circle, they are considering denouncing the Indian company since its bid was 40% below Techint's, as indicated by the Minister of Deregulation of the State Federico Sturzenegger. The World Trade Organization (WTO) classifies dumping as "the export of products at a price below their normal value", that is, at a price lower than that at which they are sold in the local market of the exporting country. Milei on Rocca: 'Don Chatarrín'. The conflict continues to escalate, to the point where President Javier Milei referred to the CEO of Techint as 'Don Chatarrín' and defended the bid presented by the Indian company. Milei called Paolo Rocca, owner of Techint, 'Don Chatarrín', thus escalating the conflict.
