Novatek-Chelyabinsk asks to collect over 500 mln roubles from Mechel’s affiliate

​Previously Novatek-Chelyabinsk repeatedly filed claims to the Court on the collection of the debt for gas from Chelyabinsk metallurgical plant (Mechel’s affiliate).

On May 18th 2016 Novatek-Chelyabinsk filed a claim to the Arbitration Court of the Chelyabinsk region on the collection of over 500 mln roubles from the Chelyabinsk metallurgical plant.

The required amount is 526.7 mln roubles.

Sberbank said that it plans to initiate the bankruptcy of the Chelyabinsk metallurgical plant because of its debt.

Chelyabinsk metallurgical plant is one of the largest domestic enterprises of a full metallurgical cycle on the production of high-quality steel and is the main producer of stainless steel in Russia. It is one of the few enterprises of Russia that has its own index “Chelyabinsk steel”. It is in the structure of Mechel.

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