Perspective
08 March 2016
Metalloinvest feels steel squeeze with new $400m PXF
Region:
Europe
In a sign that Russia’s Metalloinvest is finally feeling the chill of the current frosty steel market, the iron ore and metals company last week signed a new $400 million pre-export finance (PXF) agreement with a club of international banks – by far the producer’s smallest PXF in years.
