Metalloinvest will supply iron ore to ArcelorMIttal

The product pricing will take into account current market prices, as well as global market price trends for iron ore.

«Metalloinvest’s products enjoy stable demand in Russia and abroad due to their premium quality and the Company’s reputation as a reliable supplier. The use of modern technologies, constant efforts to improve production efficiency and the development of long-term partnership agreements with our clients allows the Company to maintain its competitiveness.» Andrey Varichev, CEO of Management Company Metalloinvest, commented.

The signing of a new medium-term contract will ensure stable mining product sales for Metalloinvest’s enterprises.