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10 Nov
12:44

Metalloinvest signs three HBI supply deals

Metalloinvest has signed long-term contracts to supply hot-briquetted iron (HBI) to three Russian steelmakers, MMK, TMK and ChelPipe, Kallanish learns from the company. Each of the agreements will cover a period of one year. Metalloinvest will deliver 570,000 tonnes of HBI overall. MMK, TMK and ChelPipe will purchase 200,000t, 220,000t and up to 150,000t, respectively. According to the terms of the contracts, pricing will be determined by a formula …
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