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15 Jun
11:39

Ferrum terminates procurement deal with Weglokoks

Ferrum has terminated its framework agreement signed in 2015 with Weglokoks that was supposed to see the coal exporter provide the Polish welded pipemaker with 9,000 tonnes/quarter of feedstock. This is the result of “… the lack of supply of materials by Weglokoks,” Ferrum says in a note seen by Kallanish. The termination was also carried out due to the “… non-existence of any obligations of the company (Ferrum) towards this contr…
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