Mechel pledges blocking shareholding of the coastal Trading port Posyet
Edited by Rhod Mackenzie / 2014-02-04 05:48:12
OJSC “Chelyabinsk Iron-and-Steel works”, part of “Mechel”, attracted a credit line of $150 million at “Alfa-Bank” in the second half of 2013. “Mechel” has offered 25% minus 1 share of the enterprise “Trading port Posyet” as security on the credit agreement, RIA PrimaMedia states, citing “Zolotoy rog”.
“Mechel” unites coal, iron ore, steel, roll products, ferroalloy, heat and electric power producers. Mechel also comprises 3 trading ports, inclusive of the “Trading port Posyet”, “port Vanino” and own transporting operator.
