JSW Steel: ‘Win-win’ prepayment sets new standard in steel

The $700 million cash-for-metal deal, signed between Duferco and JSW Steel, is the largest trade finance facility ever arranged for an Indian steel company. But will the first deal of this size to close in the steel industry since the financial crisis serve as a financing template for future deals?

Hello stranger, fancy seeing you here…

Unfortunately you’ve stumbled across our paid-for content but that’s not a problem, join the TXF Essentials community today for unrestricted access to:
  • Daily news and analysis from our TXF experts
  • Access to TXF data dashboards and Smart Search
  • Market reports and bi-annual long reads
  • And much much more…

Sign in to post a comment. If you don't have an account register here.


TXF Global Commodity Finance 2020 conference goes back to the future . Join deal makers from across the globe for an unmissable virtual event in May and physical event in Geneva later on in the year

TXF Global Commodity Finance Virtual 2020