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)