9,716.77 TRY BIST 100 BIST 100
4.51 CNY CNY CNY
34.89 EUR EUR EUR
32.53 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
44.89 TRY Interest Interest
89.53 USD Fossil Oil Fossil Oil
27.51 USD Silver Silver
4.57 USD Copper Copper
118.84 USD Iron Ore Iron Ore
386.00 USD Ship Dismantling Ship Dismantling
2,445.68 TRY Gold (gr) Gold (gr)

India will open credit lines for Syria to build steel plant

India will provide Syria with a $280 million loan for the construction of a steel mill, power plant and education centre.

India will open credit lines for Syria to build steel plant

Indian representatives announced this initiative at a meeting of the UN Security Council on the socio-political situation in Syria. Due to the strengthening of relations between the two countries in the last year, universities in India are accepting Syrian students for education and training experts for the development of the industrial sector.

Despite the war and economic sanctions in Syria, the country's steel industry continues its activities despite raw material and electricity problems.

Due to the difficult situation in the country, accurate estimates of Syrian metallurgy are practically not published, but experts estimate its production capacity at several million tons per year.

Comments

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

BMZ produced about 530 thousand tonnes of steel in the Q1 2024

Friday, April 26, 2024

Dividend announcement from Erbosan Boru for 2024

Friday, April 26, 2024

Taiwan's China Steel Corp. reported strong performance in Q1

Friday, April 26, 2024

Russia's HRC market shows slight activity

Friday, April 26, 2024

Crude steel production in Italy in March decreased against previous year

Friday, April 26, 2024
Follow List
Expand
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