15
Nov
17:08
Marakby Steel secures financing for new rebar mill
El Marakby Steel has secured a EGP 510 million ($28.9m) loan from a consortium of banks to provide around 65% financing requirement for its new rebar mill, a company representative tells Kallanish.
According to reports, the consortium is made up of National Bank of Egypt, Arab Investment Bank, Al-Ahli Bank of Kuwait, Industrial Development and Workers Bank of Egypt, Egyptian Arab Land Bank, and Misr Iran Development Bank. Kallanish could not immediately confirm …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous