07
Jun
14:17
Metalloinvest expands export logistics through Baltic
Russian iron ore miner and steel and metallics producer Metalloinvest has signed a five-year take-or-pay agreement with shipping operator Ultramar. This will support expansion of its exports of iron ore pellet and hot-briquetted iron (HBI) to northern Europe, the company says.
Operations are due to start in the second half of 2020, after Ultramar completes construction of a new dry terminal in Ust-Luga Port in Saint-Petersburg. This will be complete with railway…
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Anonymous
Very good overview of the weekly steel market.
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