Perspective
21 May 2019
JSW Steel: ‘Win-win’ prepayment sets new standard in steel
In:
Metals and Mining
Region:
Asia-Pacific, Europe
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?
