06
Nov
12:35
British Steel secures working capital to support expansion
British Steel has secured a £50 million ($66m) working capital facility from Secure Trust Bank to support plans to expand production and sales over the coming months.
Following British Steel’s acquisition by Jingye Group in March, the steelmaker is developing new products to support the UK's infrastructure drive and is investing in its existing assets to modernise plants and improve performance, Secure Trust Bank says in a note seen by Kallani…
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Anonymous
Very good overview of the weekly steel market.
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