The Ukrainian steel and iron ore producer Metinvest Holding (Metinvest) and Ukraine-based steelmaker Zaporizhstal have announced the conclusion of a long-term raw material supply agreement.
Under the terms of the concluded agreement, Metinvest's mining subsidiaries will supply Zaporizhstal with more than 11 million metric tons of iron ore concentrate and more than two million metric tons of fluxes and dolomite products over a period of three years.
The agreement in question will ensure the stable supply of raw materials to Zaporizhstal and will support the implementation of the mill's long-term capacity expansion projects.