20
Mar
12:11
Japanese bank loans Vale $700m for pellet supply
The Japan Bank for International Cooperation (JIBC) says it will work with private financial institutions to provide up to $700 million in loans to Brazil's Vale. This will be to support the Japanese steel industry's long-term supply of mineral resources and decarbonisation.
JIBC signed a loan agreement on Tuesday for up to $480 million, with the remaining financing to be completed by private financial institutions. The loan is intended to provide the fund…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous