Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 22 million loan to <i>Arcelormittal Brasil SA</i> under the <i>BNDES limite de crédito</i> scheme (June 2010)

Announcement

29 Jun 2010

In June 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Arcelormittal Brasil SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Jun 2010

Revocation date:

No revocation date

Updated: 29 Jun 2010
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 40 million (approx. USD 22 million) loan to Arcelormittal Brasil SA granted on 29 June 2010 by ...
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Updated: 29 Jun 2010
State loan In force
On 29 June 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 40 million (approx. USD 22 million) loan to Arcelormittal Brasil SA. The loan was issued und...
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