Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced that it has signed a new long-term supply contract for rails and billets for a three-year period with Kazakhstan's rail and structural steel plant Aktobe Rail and Section Works.
Accordingly, during the 2017-2020 period Metalloinvest will deliver more than 600,000 mt of rails and billets to Aktobe Rail and Section Works from its integrated iron and steel plant Ural Steel.
In February this year, Metalloinvest and Aktobe Rail and Section Works signed a long-term agreement for the delivery of rail and billets from Metalloinvest’s subsidiary Oskol Metallurgical Plant (OEMK).