19
Apr
15:52
Metalloinvest secures $1 billion pre-export finance
Metalloinvest has agreed with a syndicate of banks on the principal terms of a $1.05 billion pre-export finance (PXF) facility with an option to draw an additional $450 million. The facility will be used to refinance existing PXFs on improved terms and extend their maturity.
Metalloinvest will complete by end-June commissioning of its new 1.8 million tonnes/year HBI-3 hot-briquetted iron plant at Lebedinsky GOK. The Russian steelmaker’s consolidated revenu…
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Anonymous
Very good overview of the weekly steel market.
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