Savings Bank will provide credit to CIM at 12 billion rubles

Savings Bank of Russia and the Magnitogorsk Metallurgical Combine have signed an agreement on opening the CMI non-revolving credit line of 12 billion rubles., Term - 3 years. The loan is granted for the financing of the project is implemented Magnitka for the construction of the production of thick rolled sheet (mill 5000) for the pipe industry, shipbuilding and bridge construction, Boiler. The design capacity of the complex is 1.5 million tons of rolled steel per year.