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08 Oct
12:37

Spanish steelmakers secure financing to offset emissions cost

The Spanish government approved 204 funding requests related to the indirect greenhouse gas emissions compensations corresponding to 2019, Kallanish notes. Of the total €61 million ($72m) funding, €24 million is destined for the local steel industry. Of the large steel companies, ArcelorMittal Spain requested almost €6,725,047. Long steel supplier Celsa applied for €3,288,624 of compensation, while special steelmaker Sidenor sought €1…
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