Beloretsk Iron and Steel Works, a part of Mechel, has prolonged its loan line from Gazprombank till April 2022.
According to the company statement, the volume of the loan is 3.1 billion rubles, or 19.9% of the assets cost as of the end of Q1.
The initial agreement with the bank was signed in April 2012 for 8 years. (Ukrainian metal)