Aluminum   $ 2.1505 kg        |         Cobalt   $ 33.420 kg        |         Copper   $ 8.2940 kg        |         Gallium   $ 222.80 kg        |         Gold   $ 61736.51 kg        |         Indium   $ 284.50 kg        |         Iridium   $ 144678.36 kg        |         Iron Ore   $ 0.1083 kg        |         Lead   $ 2.1718 kg        |         Lithium   $ 29.821 kg        |         Molybdenum   $ 58.750 kg        |         Neodymium   $ 82.608 kg        |         Nickel   $ 20.616 kg        |         Palladium   $ 40303.53 kg        |         Platinum   $ 30972.89 kg        |         Rhodium   $ 131818.06 kg        |         Ruthenium   $ 14950.10 kg        |         Silver   $ 778.87 kg        |         Steel Rebar   $ 0.5063 kg        |         Tellurium   $ 73.354 kg        |         Tin   $ 25.497 kg        |         Uranium   $ 128.42 kg        |         Zinc   $ 2.3825 kg        |         
Image source: pixelied.com / pixabay.com
The accounts payable of ArcelorMittal Temirtau (AMT) to Kazakh entrepreneurs amounts to more than $500 million. The new owner of the plant, Qazaqstan Steel Group Corporation, will repay the debt, Kapital.kz reports. Last December, Kazakhstan bought shares of two plants from the international company ArcelorMittal - ArcelorMittal Temirtau JSC and ArcelorMittal Tubular Products Aktau. To date, all shares belong to the non-state company Qazaqstan Steel Group Corporation.  AMT has been accumulating debts to contractors of the Republic of Kazakhstan for years. Materials and equipment were delivered to the plant on time, but payment was delayed. Using the status of one of the largest metallurgical enterprises in the country, AMT in fact received a loan with a zero interest rate at the expense of contractors and suppliers. Some creditors faced a real threat of bankruptcy. They fear that they will no longer be able to return the money. The total amount of debt exceeds $500 millio
Subscribe or log in to read the full content without limitations.