Russia: Koks to get 10 billion rubles

The public joints stock company Koks has attracted a VTB loan of 10 billion rubles. According to the company statement, the term of the loan is 7 years. The interest rate will be set depending on the term. The maximum volume of the interest rate should not exceed 20%. Koks is controlled by the Industrial-Metallurgical…

Russia: metal output up in 2017

Major metal companies believe that the favorable trends of 2017 will persist this year as well. Last year Russia produced 71.3 million tons of steel, up by 2.4% YoY. Rolled metal output grew slightly – by 0.7%, to 60.9 million tons. Pig iron manufacture grew even less – by 0.55%, to 52.2 million tons. It…