Korea to amend Kexim Act; Kexim and K-Sure support Olefins expansion; sanctions and sluggish prices hit metals markets

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:

• The Korean government will look to pass amendments that will expand Kexim's lending capacity in an extraordinary National Assembly session this month

• Kexim and K-Sure have agreed to provide $400 million each towards the expansion of Hyundai Engineering's Olefins petchem plant

• IXM has announced that it will step back from the aluminium trade in the wake of sanctions on Russian metal and sluggish demand

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