IUD receives USD 40 mln loan for Alchevsk Iron & Steel
IUD receives USD 40 mln loan for Alchevsk Iron & Steel
17 July 2008
The Industrial Union of Donbas attracted a seven-year USD 40 mln loan from Nordic Investment Bank, according to a bank announcement yesterday. Proceeds will be spent to build a new combined-cycle gas turbine at Alchevsk Iron & Steel (ALMK: BUY).