The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 35 million (approx. USD 20 million) loan to Arcelormittal Brasil SA granted on 8 October 2009 b...
On 8 October 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 35 million (approx. USD 20 million) loan to Arcelormittal Brasil SA. The loan was issued u...