Hints and tips:
...ELG Haniel, a German-owned business, also turns scrap to stainless steel bars, blocks and slabs, and has spent heavily on its two Sheffield plants with a new furnace and compactor....
...Nevertheless, the worry if own-use ELG bonds are being used as collateral for ELA is that rising ELG usage loops back and undermines the asset value (the sovereign). Yes, you read that right....
...ELG) bonds to themselves to use as collateral at the ECB’s facilities. But did you know, Greece has been doing the exact same thing for many months?...
International Edition