10
Mar
11:45
Iran bank signs financing for Indian rail
Iran’s Bank of Industry and Mine (BIM) has signed a $150 million agreement with the Export Import Bank of India (Exim) to finance the supply of 150,000 tonnes of rail to Iran.
This is Iran’s first financing agreement with India following January’s deal with Western powers to remove economic sanctions.
An agreement was signed in 2014 between India’s State Trading Corporation (STC) as exporter and Steel Authority of India as producer of …
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Very good overview of the weekly steel market.
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