"Metalloinvest" and Kosogorsky Metallurgical Plant announce the signing of a contract for 1.9 million tons of pellets.

"Metalloinvest" and the Kosogorsky Metallurgical Plant announced the signing of a contract for the supply of pellets for a period of three years. Under the agreement, the total shipment volume will be 1.9 million tons, "Metalloinvest"’s report stated.

The pricing for the products supplied will be conducted using the prevailing market indicative prices, the formula takes into account the dynamics of the prices on the world market.

The iron ore will be supplied from the Mikhailovsk mining and processing plant and the Lebedinsk mining and processing plant (part of the "Metalloinvest" company).

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