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15 Mar
13:55

Arvedi bags €2m loan to develop new products

Italian steel producer Arvedi has obtained a €2 million ($2.21m) loan from the Lombardy Region government to fund the development of new equipment and new products, Kallanish learns. The funds will be used for the construction of an “… experimental facility for the production of electrical steel for the automotive industry,” the state authority says in a statement. According to sources in the industry, the investment is likely to involve …
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