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Metalloinvest to supply 3.4 million tonnes of iron ore, pellets to Evraz

OAO Metalloinvest entered new long-term contracts to supply 3.4 million tonnes of iron ore and pellets to Evraz Plc.

The company said Aug. 7 that it will supply 1.6 million tonnes of pellets and 1.8 million tonnes of iron ore concentrate to Evraz before June 30, 2018.

Maintenance works impacted Metalloinvest's iron ore production in the second quarter of 2017, pushing output down by 2.6% year over year to 10.1 million tonnes, while pellet production remained flat at 6.3 million tonnes in the second quarter.