Global Trade Alert
Global Trade Alert

South Africa: IDC provides financing to SA Steel Mills (Pty) Ltd

Announcement

17 Nov 2021

In November 2021, the Industrial Development Corporation of South Africa (IDC) provided a ZAR 404 million (USD 26 million) loan to SA Steel Mills (Pty) Ltd.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Nov 2021

Revocation date:

No revocation date

Updated: 17 Nov 2021
State loan In force

On 17 November 2021, the Industrial Development Corporation of South Africa (IDC) provided a ZAR 404 million (USD 26 million) loan to SA Steel Mills (Pty) Ltd. This information was made available a...

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