Serov plant attracts credit in Gazprombank
Edited by Rhod Mackenzie / 2011-02-02 05:45:44
The Board of Directors of the Serov plant part of UMMK decided on the signing of the credit agreement with Gazprombank for the opening of a credit line for $55.2 million. It’s attracted for the financing of the enterprise financial and economical activity. The crediting period lasts until July 29th 2012.
The plant produces 400 types of sort rolled steel. It stands second at the Russian caliber rolled steel market and is one of 10 leaders in construction sort steel production. Serov metal consumers are 1,000 enterprises in Russia and in the UK, the USA,Germany,Italy,Turkey, Korea etc.
Translated by Nadezhda Poltoratskaya
Source: http://www.metalinfo.ru/ru/news/47223
