22
Mar
12:11
French government provides Liberty’s Ascoval with €20m loan
The French government will provide Liberty’s Ascoval and Hayange plants with a €20 million ($24m) loan this week to go towards paying wages and procuring feedstock, Kallanish learns from unions.
Last weekend France’s finance minister Bruno le Maire announced on national radio that he will “unblock a loan of €20m that will be available on Monday to guarantee that there is no production disruptions”. Ascoval and Hayange are sufferin…
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Anonymous
Very good overview of the weekly steel market.
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