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17 Mar
07:12

Valin issues China’s first steel sector green notes

Hunan Iron & Steel Group, the former Valin Steel under Valin Group, has successfully issued green medium-term notes (MTN) in the interbank bond market, a first for the steel industry in China, Kallanish learns. The CNY 1 billion ($157 million) medium-term notes are valid for three years and have been listed. The company will use all the raised funds for environmental protection and technological transformation projects at its sinter plants, as well a…
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