Subscribe & Follow
Jobs
- Junior Technician - Millwright Johannesburg
- Branch Manager/New Business Developer - Paper Bags and Food Packaging Cape Town
- General Accounts Clerk Vaal
- QC Learnership Vereeniging
- Equipment and Print Consumable Sales Representative Cape Town
- Senior Bookkeeper Irene
- Receptionist/PA Durban
- Financial and Administration Manager Durban
- DIE Cutting Operator Durban
- Quality Checker Cape Town
ArcelorMittal gets funding to boost Algeria steel production
"The Banque Exterieure d'Algerie (BEA) and the Algerian subsidiary of leading world steel producer ArcelorMittal signed a financial strategic deal," APS news agency said, quoting a statement.
The deal will allow ArcelorMittal Annaba to gradually boost production to 1.4 million tonnes per year, it added. The firm currently produces just over one million tonnes a year.
ArcelorMittal Annaba did not specify how much money was involved, but APS said negotiations between the two parties had centred on a 14 billion dinar (142 million euro, $190 million) line of credit.
Source: AFP
Source: I-Net Bridge
![](https://biz-file.com/b/1206/36520.gif?3)
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za![](/res/img/s.gif)