Nizhny Novgorod region-based steelmaker Vyksa Steel Works (Vyksa), a subsidiary of the Russian pipe producer United Metallurgical Company (OMK), has secured a $10 million renewable multicurrency and multipurpose credit line from Banque Societe Generale Vostok (BSGV), the wholly-owned Russian subsidiary of French financial group Societe Generale Group.
The credit line was secured for a one-year period.