The Russian steelmaker and iron ore producer Evraz Group (Evraz) has announced that its Czech-based subsidiary Evraz Vitkovice Steel has signed a long-term agreement with ArcelorMittal Ostrava, Czech-based subsidiary of the world's largest integrated metals and mining company ArcelorMittal, for the supply of liquid pig iron to Evraz Vitkovice's steelmaking facilities.
Accordingly, the agreement in question guarantees the supply of liquid pig iron from ArcelorMittal Ostrava to the steelmaking facilities of Evraz Vitkovice Steel.
"This agreement is a very positive development for Evraz Vitkovice Steel, which secures constant supply of our mill with liquid pig iron until 2015," Evraz's vice president for international operations and sales Giuseppe Mannina stated.
Evraz Vítkovice Steel is a leading European manufacturer of rolled steel products located in Ostrava, Czech Republic. It is one of Europe's top producers of heavy plates and is the only plate producer in Czech Republic. Evraz Vítkovice's steel plant has a production capacity of 965,000 mt per year, while its plate mill has an annual capacity of 755,000 mt.