Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced the signing of a long-term hot briquetted iron (HBI) supply contract with Italian steel factory Ferriere Nord S.P.A., a part of Pittini Group.
According to the agreement, the price of the products will be in line with existing market conditions.
The HBI will be supplied by Lebedinsky GOK, which is a part of Metalloinvest.
The signing of the new agreement continues Metalloinvest's practice of concluding long-term contracts with customers, an important factor in ensuring stable demand for its high added-value products.