|
It is reported that Taiwan's China Steel Corp. (CSC) has announced to sign a syndicated loan of US$265 million with 12 banks and it will help the company to manage the cash flow of its raw material investments purpose. The syndicated loan project will be able to help CSC to have plenty of funds to secure the raw materials in order to increasing production capability to meet the demand. In the meantime, CSC expects the investments will increase its raw materials self-sufficiency rate to 30% by 2015. |
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65184&division=A6