The largest pig iron manufacturer of Russia – Tulachermet – has signed an 8-billion rubles loan agreement with Alfa-bank for 3 years.
The money will be spent to refinance the company current debts.
“Alfa-bank has offered good conditions, thanks to which we have been able to optimize the structure of our loan portfolio”, the Promyshlenno-metallurgichecskiy Holding finance president Sergey Cherkayev noted. (Ukrainian metal)