17
Nov
11:51
UK steel component producer secures export funding
Teesside high steel alloy component maker Paralloy has secured £15 million ($20m) of funding from Santander UK with an 80% guarantee from UK Export Finance (UKEF) to help it fulfil record exports, says a UK government note. Shipments will go to North America, the Middle East and Asia-Pacific, Kallanish notes.
Paralloy primarily serves the synthetic natural gas and ethylene cracker petrochemical markets, making patented steel alloy castings used in high …
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Very good overview of the weekly steel market.
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