Global Trade Alert
Global Trade Alert

South Africa: Veer Steel Mills secures ZAR 200 million from the IDC

Announcement

21 Sep 2020

In September 2020, Veer Steel Mills obtained an investment of ZAR 200 million (around USD 10 million) from the South African Industrial Development Corporation (IDC). 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Sep 2020

Revocation date:

No revocation date

Updated: 21 Sep 2020
State loan In force
On 21 September 2020, the South African Industrial Development Corporation (IDC) provided an investment of ZAR 200 million (approximately USD 10 million) to Veer Steel Mills. This information was made...
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