Metinvest announced that the Group is in the final stages of negotiations with the Black Sea Trade and Development Bank regarding a seven-year € 62 million credit line approved by the BSTDB Board of Directors. Metinvest plans to use the funds to implement the investment program and replenish working capital. The final conditions are subject to documentation.
BSTDB is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey and Ukraine. It supports economic development and regional cooperation by providing loans, lines of credit, capital and guarantees for projects and trade finance in the public and private sectors in its member countries. Its registered capital is 3.45 billion euros and has long-term credit ratings "A-" from S & P and "A2" from Moody's.
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Metallurgy news
- 31 March 2026
18:00 Delivery delays have not affected Tata Steel UK's Port Talbot EAF project 18:00 The production of untreated steel in the United States increased by 1.2 percent in the 13th week of 2026. 17:00 Exports of tin from the United States in January 2026 decreased by 5.7 percent compared to December 17:00 16:00 TUIK: The value of steel exports from Turkey in January-February 2026 decreased by 13.2 percent 16:00 TUIK: the cost of steel imports to Turkey in January-February 2026 will remain unchanged 15:00 Imports of sheet metal coils to the United States in January 2026 increased by 4.5 percent compared to December 15:00 Odisha plans to hold an auction for 34 mineral blocks in the fiscal year 2026-2027, including iron ore and manganese.
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