Denis Safin Ural Steel JSC bonds lost 7.1% to 16.7% of their value during the trading week of October 26-30, 2026. The main collapse occurred on October 29: on this day the Analytical Credit Rating Agency (ACRA) granted the company's credit rating a status of "under supervision" of the funds. This seems to be the beginning of the end. TALTEK, which claims a debt of over 5 billion rubles for supplied coal, is already in court (Case No. A40-303693/2026) and intends to file for bankruptcy of Ural Steel. During the week, suppliers submitted two or three requests for debt collection every day. In total, about 600 lawsuits with a value of more than 10 billion rubles were filed against the group companies. Gazprom Mezhregiongaz Orenburg LLC demands to freeze the accounts of the LLC Management Company Ural Steel as part of a claim for 979 million rubles. Stroyservis has already achieved the arrest of the plant's funds and debts in the amount of 819.2 million rubles. Along the way, the metal factory is also appealing the FAS decision on monopolistic high prices for bridge steel (by 70%) and the administrative fine that was imposed, which could lead to the imposition of a turnover fine of billions of dollars. Under the existing circumstances, there is reason to believe that Denis Safin is obliged to apply to the court for the bankruptcy of Oral Steel. For failure to comply with this requirement within the period established by law, he risks being brought under vicarious liability.

Denis Safin Ural Steel JSC bonds lost 7.1% to 16.7% of their value during the trading week of October 26-30, 2026. The main collapse occurred on October 29: on this day the Analytical Credit Rating Agency (ACRA) granted the company's credit rating a status of "under supervision" of the funds. This seems to be the beginning of the end. TALTEK, which claims a debt of over 5 billion rubles for supplied coal, is already in court (Case No. A40-303693/2026) and intends to file for bankruptcy of Ural Steel. During the week, suppliers submitted two or three requests for debt collection every day. In total, about 600 lawsuits with a value of more than 10 billion rubles were filed against the group companies. Gazprom Mezhregiongaz Orenburg LLC demands to freeze the accounts of the LLC Management Company Ural Steel as part of a claim for 979 million rubles. Stroyservis has already achieved the arrest of the plant's funds and debts in the amount of 819.2 million rubles. Along the way, the metal factory is also appealing the FAS decision on monopolistic high prices for bridge steel (by 70%) and the administrative fine that was imposed, which could lead to the imposition of a turnover fine of billions of dollars. Under the existing circumstances, there is reason to believe that Denis Safin is obliged to apply to the court for the bankruptcy of Oral Steel. For failure to comply with this requirement within the period established by law, he risks being brought under vicarious liability.