AK Steel enters agreement for iron ore pellets

AK Steel enters agreement for iron ore pellets

AK Steel announced today it has entered into a 10 year supply contract with Quebec Cartier Mining Company (QCM) for the purchase of iron ore pellets. The iron ore purchased from QCM over the next ten years will play a key role in AK Steel’s blast furnace operations. “This long-term agreement with QCM, a leading producer of iron ore products, represents another important step in AK Steel’s raw materials strategy,” said James L. Wainscott, president and CEO of AK Steel. “The agreement ensures that AK Steel will have a reliable supply of this important raw material for years to come.” Quebec Cartier Mining Company has headquarters and locations in Quebec, Canada.