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05 Oct
14:47

ArcelorMittal Kryvyi Rih lands EBRD loan for development

ArcelorMittal Kryvyi Rih tells Kallanish that it has arranged a long term loan from the European Bank for Reconstruction and Development (EBRD) to assist in developing its production. The new credit line will be used in conjunction with the group’s own investment in the Ukrainian steelmaker. The EBRD board of directors approved the provision of credit funds of €350 million ($410m) to the company on 4 October, Kryvyi Rih says. From this sum €…
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