Severstal and Metalloinvest sign a three-year contract for IORM delivery

Metalloinvest and Severstal signed a three-year IORM delivery contract, is said in the report of Metalloinvest.

In compliance with the agreements, total deliveries of iron ore concentrate will make up about 3 million tons. The pricing of the products will be formed with use of acting market indicatives, the formula takes into account the dynamics of the prices at the world IORM market.

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