Metalloinvest and KamAZ have negotiated the conditions of the three-year agreement on prices for high-quality rolled metal (SBQ) produced by Oskol Electrometallurgical Works (OEMK), which will come into effect on January 1, 2018.
The discussion was held during the visit of the first deputy CEO, commercial director of Metalloinvest Nazim Efendiyev to KamAZ, where he met with the company CEO Sergey Kogogin and the deputy CEO on purchases Rustam Shamsutdinov.
In 2016 OEMK supplied 40 thousand tons of SBQ. At present the OEMK share in KamAZ purchases is 50%. The parties agreed to increase it to 80%. (Ukrainian metal)