23
Sep
15:19
Metalloinvest treatment line purchase secures Italian export credit
Italian state-owned export credit agency SACE has agreed a covered loan facility with Metalloinvest to purchase a heat treatment line for hot rolled products from Danieli, SACE says.
Danieli will build the treatment line, worth €12.7 million ($14.8m), at Metalloinvest’s Oskol Electrometallurgical Plant (OEMK).
The transaction is part of the framework agreement signed by Metalloinvest with 12 international banks, including ING Germany. It…
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