Russian steel giant on brink of debt default as sanctions hammer Moscow - Fox Business
3/25/2022 12:00:00 AM3 years 11 months ago
by Megan Henney
by Megan Henney
A major Russian steel company is on the verge of default after Citigroup froze its debt payment.
A major Russian steel company is on the verge of default after Citigroup froze its debt payment. Severstal, the third-largest steel producer in Europe, was unable to fulfill a $12.6 million bond pa… [+3162 chars]
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