Turkish steelmaker Borçelik gets $11.8mln loan to cut carbon emissions

Turkish flat steel re-roller and coated steel producer Borçelik has received a loan of €10 million ($11.82 million) from the ING Turkey Bank, a company source told Fastmarkets on Friday September 10.

The loan will be used in the reduction of carbon emissions, by cutting the energy consumption of the plant, and was scheduled to be paid back in two years’ time.

The move came...


Serife Durmus

September 10, 2021

17:50 GMT