The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 20 million (approx. USD 12 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 20 million (approx. USD 12 million) loan to Arcelormittal Brasil SA. The loan was issued u...