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 Steels blast furnace operations.
This long-term agreement with QCM, a leading producer of
iron ore products, represents another important step in AK Steels 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.