31
Jul
09:21
Celsa renegotiates its credit line, wins extension
Spanish electric arc furnace-based steelmaking group Celsa has reached an agreement for the extension of the credit line of its existing loan with the main creditor banks in Spain. The deadline is now January 2024.
The credit line initially ended last October, but creditors extended the term twice. As a result of the new agreement, the company will have greater flexibility in its financial commitments.
"The extension of the current credit of €525 milli…
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Anonymous
Very good overview of the weekly steel market.
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