Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 13 million loan to <i>Arcelormittal Sul Fluminense SA</i> under the <i>BNDES limite de crédito</i> scheme (February 2014)

Announcement

06 Feb 2014

In February 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Arcelormittal Sul Fluminense SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Feb 2014

Revocation date:

No revocation date

Updated: 06 Feb 2014
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 30 million (approx. USD 13 million) loan to Arcelormittal Sul Fluminense SA granted on 6 Februa...
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Updated: 06 Feb 2014
State loan In force
On 6 February 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 30 million (approx. USD 13 million) loan to Arcelormittal Sul Fluminense SA. The loan was...
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