Announcement
22 Jan 2024
In January 2024, the KfW IPEX-Bank announced providing financing to support the exports by German companies SMS group GmbH and Thyssenkrupp Nucera to a sustainable steel project in Sweden.
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Number of interventions
2
1 certainly harmful
1 likely harmful
0 liberalising
List of interventions
Implementation date
22 Jan 2024
Revocation date:
No revocation date
Updated: 22 Jan 2024
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
22 Jan 2024
Revocation date:
No revocation date
Updated: 22 Jan 2024
Trade finance
In force
On 22 January 2024, the KfW IPEX-Bank announced providing financing worth EUR 187.5 million (USD 204.2 million) to support Swedish company H2 Green Steel's (H2GS AB) project to decarbonise the steel i...
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