21
Jun
12:52
Deacero bags financial support for scrap recycling activities
Mexican steelmaker Deacero says it has secured long-term funding from BBVA bank to expand scrap use and, potentially, melting capacity. The $200 million simple five-year loan will be also used for the purchase of renewable energy, Kallanish learns from the company.
“This financing strengthens the commitments to continue developing the circular economy in the country, and improve scrap recycling for steel production,” Deacero says.
The steelm…
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Anonymous
Very good overview of the weekly steel market.
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