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28 Mar
13:56

Aceros Arequipa bags financial support for scrap imports

Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) has secured funding from BBVA to potentially expand scrap imports and melting capacity, the firm says in a stock exchange filing monitored by Kallanish. The financing of $40 million will be used for the elimination and reuse of polluting solid waste and its transformation into new steel products. This is the first line of sustainable import funding for the steel sector in P…
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