Argentina's decision to nationalise YPF could affect steel industry, analysts warn

摘要

The Argentinian government's decision to renationalise its largest oil company, Yacimientos Petroliferos Fiscales (YPF), could jeopardise future foreign investment in the steel sector, analysts told Metal Bulletin last week. Argentine president Cristina Fernandez de Kirchner announced the decision to seize a majority share in YPF from Spanish company Repsol on April 16.