Brazil: BNDES to grant Vale, Dongkuk and Posco USD 800 million to build steel mill
Announcement
30 Apr 2015
On 30 April 2015, the Brazilian National Development Bank (BNDES) announced that it will support the steel company Companhia Siderúrgica do Pecém (CSP). The loan, which is bound to the BNDES’s local content requirement policy, will finance two projects.
The Brazilian National Development Bank (BNDES) announced that it will support the steel company Companhia Siderúrgica do Pecém (CSP) with 2.3 billion real (USD 800 million) in order to build a plant ...