News
17 March 2020

ArcelorMittal-Nippon Steel inks JBIC-backed loan agreement

In:
Metals and Mining
Region:
Asia-Pacific

ArcelorMittal Nippon Steel India – a joint venture between Japanese steelmaker Nippon Steel and ArcelorMittal – signed a 10-year $5.15 billion JBIC-backed loan to refinance its acquisition of Essar Steel India on 17 March. India's Supreme Court cleared the path last November for...

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