Metalloinvest and Aktobe Rail and Section Works sign long-term contract

Under the terms of the agreement, the shipments will amount more than 600,000 tonnes in total. The rail and shaped billets will be supplied by Ural Steel (part of Metalloinvest) in 2017-2020.

Andrey Varichev, CEO of Management Company Metalloinvest, commented: "The signing of a new long-term contract between Metalloinvest and Aktobe Rail and Section Works is testament to our Kazakh partner's high level of trust in the Company's products. We will continue to meet high standards, both in terms of the quality of the billets and the reliability of our supplies."

In February 2016, Metalloinvest signed a long-term agreement with Aktobe Rail and Section Works for the delivery of rail and shaped billets over a three-year period. The products are supplied by OEMK (part of Metalloinvest).