08
Jan
11:40
Arvedi secures "green loan"
Italian steelmaker Arvedi has secured a "green loan" of €240 million ($293m) from a pool of banks.
Acciaieria Arvedi will receive a first instalment of €165m while a second installment of €75m will be paid to Acciaieria Arvedi’s subsidiaries namely Arvedi Tubi Acciaio and Centro Siderurgico Industriale. Insurer SACE will guarantee 70% of the €165m. The SACE-guaranteed funds will support new investments on equipment at the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous