Metalloinvest and Evraz have signed new long-term contracts for the supply of 3.4 million tons of iron ore and pellets.
The contracts stipulate that Mikhailovsky GOK (a part of Metalloinvest) will have supplied Evraz with 1.6 million tons of pellets and 1.8 million tons of iron ore concentrate by June 30, 2018.
Nazim Efendiev, First Deputy CEO, Sales Director, Management Company Metalloinvest, commented: “Supplying high-quality iron ore products to Russian steel companies on long-term contracts is a permanent priority for Metalloinvest. Metalloinvest and Evraz have been partners for many years, and our relationship is based on each party conscientiously implementing its commitments, as well as an understanding of our mutual interests.” (MetalInfo/Ukrainian metal)
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