A loan agreement was signed between Kardemir and German KfW IPEX Bank: Under the Capacity Increase and Modernization Project of the General Directorate of Kardemir, a loan agreement was signed between KfW IPEX Bank and Kardemir. 45,5 year-long 3 year-to-year loan with 10 million years grace and 13 year-end. The loan will be used to finance overseas expenditures within the scope of Kardemir's ın Rod and Coil Rolling Mill ”project.
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