Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that it has signed a new long-term contract with Russian steelmaker Severstal for the supply of iron ore concentrate.
According to the contract, Metalloinvest will supply approximately 1.8 million mt of iron ore concentrate to Severstal from its Lebedinsky GOK plant before June 30, 2018.