02
Feb
11:38
Ecuador’s Adelca wins loan for new value-add equipment
Acería del Ecuador (Adelca), the Ecuador EAF-based steelmaker and longs supplier, has received a loan of $30 million from the Inter-American Development Bank (IDB). This is to be invested in new equipment and the digital transformation of its Alóag and Milagro plants, Kallanish learns from IDB.
The company produces some 700,000 tonnes of billet per year, transformed into light longs for the domestic construction sector. Its production portf…
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Anonymous
Very good overview of the weekly steel market.
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