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Brazil: BNDES and Companhia Siderúrgica Nacional sign loans worth BRL 1.1 billion to modernise plants in Volta Redonda

Description

The BNDES Mais Inovação program credit line is subject to local content incentives. As such, so is the BRL 500 million (USD 89.7 million) loan to Companhia Siderúrgica Nacional, granted on 29 December...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

29 Dec 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

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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