Global Trade Alert
Global Trade Alert

UK: Export loan to steel mills group Evraz

Announcement

30 Sep 2015

In September 2015, the British government announced a change in private-sector financial support.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

30 Sep 2015

Revocation date:

No revocation date

Financial assistance in foreign market

On 30 September 2015,according to media reports, the UK Export Finance agency provided the international steel mills group Evraz with a loan worth 45 million GBP (ca. 69.4 million USD) to contract Pr...

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Local value added incentive

According to a media report (cf. Sources), UKEF provides loans under the condition that at least 25% of the loan is targeted to support British jobs.

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