The European Bank for Reconstruction and Development will provide ArcelorMittal Group with a loan of 350 million euro to finance capital expenditures at ArcelorMittal Kriviy Rih.

The corresponding project was approved on October 4, and it would be signed within a month.

The project aims to support the AMKR investment program valued at $1.1 billion.

The borrower of the loan is ArcelorMittal S.A. (Ukrainian metal)

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