28
Sep
14:29
ArcelorMittal secures loan from EIB for decarbonisation
The European Investment Bank (EIB) has granted a loan of €280 million ($327m) to ArcelorMittal, to support the company's decarbonisation plans, Kallanish notes.
The loan will support capital expenditure in Belgium, Luxembourg, France and Spain, and is backed by a guarantee from the European Fund for Strategic Investments.
"It will help the group to reach its ambitious climate action goals and thus to reduce the environmental footprint of its manufac…
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Very good overview of the weekly steel market.
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