Mechel has concluded a loan agreement with its Chelyabinsk Iron and Steel Works.

The amount of the loan is 4.1 billion rubles, or 1.46% of the total valued of the company assets.

The maturity date is December 31, 2022.

The volume of the interest has not been disclosed.

As of September 30, Mechel net debt amounted to 408 billion rubles. (Ukrainian metal)

Leave a Reply