08
Jan
11:45
Tubos Reunidos seeks state rescue funding
Spanish special seamless tube supplier Tubos Reunidos (TR) says that has requested help from the Spanish government`s rescue fund a help to overcome the impact of the Covid-19 crisis on its business, Kallanish notes. The financial mechanism supports the solvency of strategic companies and is part of Spain`s urgent measures to supoprt the economy and employment in the country.
The requested support is €115m through a loan, TR confirms.
"With this funding…
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Very good overview of the weekly steel market.
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