News
27 October 2022

JSW Steel USA secures SACE-backed financing for plate mill project

In:
Metals and Mining
Region:
Americas

JSW Steel USA has secured long-term ECA-backed financing from two Italian lenders to modernise its $260 million plate mill in Baytown, Texas.The capital raised from Intesa Sanpaolo and Banco BPM is $182 million, of which $70 million is covered by SACE, and the balance is a term loan. The financing...

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