16
May
10:41
Mexico's Ahmsa secures finance to pay creditors
Altos Hornos de México (Ahmsa) says it has reached a financial agreement to guarantee the payment of debts to creditors after these were suspended in May 2016, Kallanish notes.
In a note to the Mexican Stock Exchange (BMV), the steelmaker says: "Ahmsa has secured a financing of $575 million from Cargill Financial Services International, Inc., consisting of an advance of $475 million of accounts receivable and an additional line o…
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Anonymous
Very good overview of the weekly steel market.
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