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13 Jan
14:13

Serbia’s Metalfer eyes 'green' steel with EBRD loan

The European Bank for Reconstruction and Development (EBRD) has provided a loan of €21.4 million ($23m) to Serbian rebar producer Metalfer, Kallanish notes. It will finance the construction of a new rolling mill for processing scrap metal and semi-finished products, the bank says. This will improve efficiency and reduce emissions. Also funded will be a new rooftop solar photovoltaic (PV) mini-plant, producing up to 4MW of renewable power to meet production n…
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