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steel

Gerdau increases global working-capital credit facility 29% to US$1.125bn

Brazilian steelmaker Gerdau has replaced its US$875m global working-capital revolver with a US$1.125bn senior unsecured facility, increasing committed liquidity by approximately 29% even though the line it replaces was fully undrawn. Gerdau and affiliated companies signed the new Senior Unsecured...

#BBVA#Brazil#corporate liquidity

Canada launches C$1bn financing support for tariff-hit exporters

Canada has launched a new financing programme to support steel, aluminium and copper producers hit by rising tariff pressure. The…

#aluminium#Canada#export finance


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