Debts of the bankrupt Zlatoust Iron and Steel Works are being sold with a record-high discount.

The right to demand debts of Metallurg-Resurs to ZMZ valued at 1069 million rubles is offered for 690 thousand rubles. Another lot valued at 120 thousand tons is for the right to demand debts at 152 million rubles.

Metallurg-Resurs was created in 2010 to buy ZMZ debts from Sberbank. The company was announced bankrupt in July 2014. (Ukrainian metal)

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