Torex, owner of Amurstal, and Posco Daewoo Corporation have signed a memorandum on deliveries.
By the end of the year Amurstal will have additionally exported 300 thousand tons of steel billets to South Korea.
South-Eastern Asia countries account for 60% of the company sales, with 40% supplied to the domestic market.
The company employs 3 thousand people.
Steel billets are expected to be transshipped through the Port of Vanino. (Ukrainian metal)