16
Jun
01:00
Still no agreement with Mechel over debt says Sberbank
Mechel’s position over its outstanding debt owed to Sberbank is unresolved, despite press reports that creditors VTB and Gazprombank have reached agreements with the Russian steelmaker, Sberbank tells Kallanish.
“The bank has offered Mechel acceptable principles of restructuring but has not received any answer,” says Sberbank. “In the absence of constructive proposals from Mechel and its beneficiary, and systematic delay in payment of…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous