Shareholders of Lysva Iron and Steel Works have approved of the board of directors reelection and the cancellation of the management agreement with Lysva Metallurgical Company LLC, as well as attracting a 3-year loan of 4 billion rubles at 8% from MMK.
MMK managers have also been elected to the board of directors.
LMZ capacity is 360 thousand tons of coated rolled metal a year. (Ukrainian metal)