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The funds will help the company weather the impact of US tariffs and accelerate its transition to electric arc furnace production

It is still unclear which projects will be cut

The government promises to continue negotiations with Washington on reducing tariffs

The industry insists on the need for effective trade measures

Energy prices and protection against unfair imports remain a problem for the region's steelmakers

The agreement envisages investments of over €1.1 billion, decarbonization of production and job preservation

The package is designed to stimulate the economy in 2025-2029

This is a new effective tool for trade protection and energy cost reduction

The new system includes 5 types of incentives for metallurgical investments across the country

The companies were provided with working capital to pay salaries, purchase raw materials and operate their businesses

US tariffs could significantly harm the auto sector and steel industry

This decision increases the lending capacity of the government agency UK Export Finance