Metalloinvest signs long-term contract with Severstal to supply iron ore concentrate
Metalloinvest and Severstal have signed a new long-term contract for the supply of 1.8 mn tonnes of iron ore concentrate, valid until 30 June 2018.
Deliveries will be made from Lebedinsky GOK (part of Metalloinvest). The contract also covers the supply of dry iron ore concentrate in the winter.
Pricing will be determined through a formula based on market indicators for iron ore prices ...
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