16
Aug
17:18
Metalloinvest, Severstal ink one-year concentrate ore supply deal
Russia's Metalloinvest has agreed to supply local steelmaker Severstal with 1.8 million tonnes of iron ore concentrate until 30 June 2018, it says in a statement seen by Kallanish.
Pricing will be determined through a formula based on market indicators for iron ore prices in both global and domestic markets, Metalloinvest notes.
The contract also covers the supply of dry iron ore concentrate in the winter. Deliveries will be made from Lebedinsky GOK…
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Anonymous
Very good overview of the weekly steel market.
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