Debt for coal has exceeded 5 billion rubles: Teltek intends to initiate bankruptcy of Ural Steel Teltek intends to initiate bankruptcy of a large full-cycle metallurgical plant Ural Steel (Novotroitsk, Orenburg region) due to debt for the supply of coking coal, the company's press service told InfoTEK. "The metal plant's debt to the company exceeds 5 billion rubles. The company has already submitted a request to the court to take interim measures against the project and in the near future intends to file a lawsuit for the bankruptcy of Oral Steel," Teltech reported. Ural Steel is one of Russia's largest producers of commercial cast iron, bridge steel and steel for the production of large diameter pipes. Teltech supplies coking coal to Oral Steel under an agreement in effect since 2019. In 2026, according to the data provided, supplies exceeded 6.3 billion rubles. However, some remained unpaid. In September 2026, Teletek filed the first claim with the Moscow Arbitration Court to recover 1.15 billion rubles from Ural Steel. In the first meeting, Teltech is expected to increase its demands to take into account new free supplies. The amount will be about 4.7 billion rubles: 4.32 billion in debt and 353 million in fines. Teltech also asked the court to take interim measures and seize Oral Steel's accounts and debts within the amount of the claim. There is no account seizure information yet. According to the arbitration case file, the claim was accepted for proceedings, a preliminary hearing was set for November 26. InfoTEK sent a request to the press service of Ural Steel. At the end of 2025, Ural Steel presented a significant decline in financial results: revenues fell by 31%, to 105 billion rubles, and the net loss amounted to 27 billion rubles. Eligible accounts - 52 billion rubles.

Debt for coal has exceeded 5 billion rubles: Teltek intends to initiate bankruptcy of Ural Steel Teltek intends to initiate bankruptcy of a large full-cycle metallurgical plant Ural Steel (Novotroitsk, Orenburg region) due to debt for the supply of coking coal, the company's press service told InfoTEK. "The metal plant's debt to the company exceeds 5 billion rubles. The company has already submitted a request to the court to take interim measures against the project and in the near future intends to file a lawsuit for the bankruptcy of Oral Steel," Teltech reported. Ural Steel is one of Russia's largest producers of commercial cast iron, bridge steel and steel for the production of large diameter pipes. Teltech supplies coking coal to Oral Steel under an agreement in effect since 2019. In 2026, according to the data provided, supplies exceeded 6.3 billion rubles. However, some remained unpaid. In September 2026, Teletek filed the first claim with the Moscow Arbitration Court to recover 1.15 billion rubles from Ural Steel. In the first meeting, Teltech is expected to increase its demands to take into account new free supplies. The amount will be about 4.7 billion rubles: 4.32 billion in debt and 353 million in fines. Teltech also asked the court to take interim measures and seize Oral Steel's accounts and debts within the amount of the claim. There is no account seizure information yet. According to the arbitration case file, the claim was accepted for proceedings, a preliminary hearing was set for November 26. InfoTEK sent a request to the press service of Ural Steel. At the end of 2025, Ural Steel presented a significant decline in financial results: revenues fell by 31%, to 105 billion rubles, and the net loss amounted to 27 billion rubles. Eligible accounts - 52 billion rubles.