Announcement
15 Aug 2023
In August 2023, the KfW IPEX-Bank announced providing financing to support the export of steelworks technology by German company SMS group GmbH to the United States of America. The loan is covered by a guarantee from the German Export Credit Agency Euler Hermes Aktiengesellschaft.
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Number of interventions
2
1 certainly harmful
1 likely harmful
0 liberalising
List of interventions
Implementation date
15 Aug 2023
Revocation date:
No revocation date
Updated: 15 Aug 2023
Local value added incentive
In force
The German Export Credit Agency's approval process depends on the percentage of foreign-sourced goods included in the value of the export contract. Export contracts which include a foreign content val...
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Implementation date
15 Aug 2023
Revocation date:
No revocation date
Updated: 15 Aug 2023
Trade finance
In force
On 15 August 2023, the KfW IPEX-Bank announced providing financing worth USD 150 million to support US company Hybar's energy-efficient rebar steel mill in the United States of America. With the finan...
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