03
Feb
11:50
Siderperu bags new financial support for scrap recycling
Peruvian long product steelmaker Empresa Siderúrgica del Perú (Siderperu), a subsidiary of Brazil's Gerdau, says it has secured a new long-term funding from BBVA to potentially expand scrap imports and melting capacity.
The financing of $15 million, via an import letter of credit, will be used also to promote a programme for the removal of solid waste resulting from steelmaking processes. The amount is $5m more compared t…
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