13
Jun
14:19
Celsa, creditors continue 'tug of war' in Spain
Spanish electric arc furnace-based steelmaking group Celsa is yet to find an agreement with its local creditors. Spanish authorities have given the group until the end of June to sign a deal with creditors as part of the deal to receive a new €550 million ($572m) loan for companies affected by the Covid-19 downturn.
Spanish press has reported that the creditors – including banks and investment funds – started by requesting shares in the priva…
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Anonymous
Very good overview of the weekly steel market.
Anonymous