Metinvest secures ECA-covered loan for Ilyich Steel capacity expansion.
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The following news item appeared in the international steel industry press.

Title: Metinvest secures ECA-covered loan for Ilyich Steel capacity expansion
Date: Thu, 19 Jul 2018 06:54:31 GMT

Report: Metinvest, the vertically integrated steel and mining group of companies, has secured a seven-year repayment buyer credit facility of some EUR43.2 million for its subsidiary Ilyich Steel, a steelmaking plant based in Mariupol, Ukraine. This facility is covered by an Austrian export guarantee issued by Oesterreichische Kontrollbank Aktiengesellschaft (OeKB), Raiffeisen Bank International AG acted as a sole lender.
Keywords: steel, metinvest, facility, ilyich

Source: Metinvest, Mariupol, Ukraine.
Press release: see full report.

Related: For further information about Metinvest see history of Metinvest page. is owned and operated by Metals Consulting International Limited. MCI is a London-based firm of steel industry consultants. We provide clients all over the world with investment appraisal support including feasibility studies and due diligence investigations. For further information visit our steel industry consulting support page.