9,347.17 TL BIST 100 BIST 100
31.06 $ USD USD
€33.62 EUR EUR
43.42 TL Interest Interest
83.25 $ Fossil Oil Fossil Oil
22.62 $ Silver Silver
3.88 $ Copper Copper
121.11 $ Iron Ore Iron Ore
394.00 $ Ship Dismantling Ship Dismantling
2,023.50 TL Gold (gr) Gold (gr)

5 billion dollar loan from ArcelorMittal

ArcelorMittal is a member of Nippon Steel Corp. in India. He stated that he made a loan agreement to increase the production capacity of the steel production joint venture he established with

5 billion dollar loan from ArcelorMittal

ArcelorMittal, the world's largest steel producer and a 4.88 percent shareholder of Ereğli Demir Çelik, is a subsidiary of Nippon Steel Corp. in India. He stated that he has entered into a $5 billion loan agreement with a consortium of Japanese banks to increase the production capacity of his steelmaking joint venture he founded.

ArcelorMittal, which is also a partner of Ereğli, recently sold its shares there, putting downward pressure on the company's share prices in the stock market. ArcelorMittal has a 4.88 percent share in Ereğli Demir Çelik.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Metinvest's 2023 steel production declined

Sunday, February 25, 2024

Minister Özhaseki warns about "carbon footprint"

Sunday, February 25, 2024

Japan to provide $4.86 billion in incentives for chip

Sunday, February 25, 2024

Uncertainty prevails in the East Asian steel market

Saturday, February 24, 2024

South Korea increased its crude steel production in January

Saturday, February 24, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now