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Global Trade Alert

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Germany: Export Credit Agency and KfW IPEX-Bank support German companies SMS group GmbH and Thyssenkrupp Nucera's exports to sustainable steel project in Sweden

Description

On 22 January 2024, the KfW IPEX-Bank announced providing financing worth EUR 187.5 million (USD 204.2 million) to support Swedish company H2 Green Steel's (H2GS AB) project to decarbonise the steel i...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

22 Jan 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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