Chelyabinsk Iron and Steel Works, a part of Mechel, has given another loan to Mechel until June 22, 2022.
According to the company statement, the value of the loan is 1.4 billion rubles.
Mechel borrows money from its main metal works on regular basis. In January ChMK lent 1.3 billion rubles to its owner, 1.4 billion rubles in March and 1.5 billion rubles in May. (Ukrainian metal)