24
Feb
15:00
Severstal signs first AVTOVAZ supply deal
Russian steelmaker and miner Severstal has signed its first-ever agreement to supply steel to AVTOVAZ, part of the Renault Group, the steelmaker says.
Under the terms of the agreement, Severstal will supply cold rolled, galvanized and hot rolled pickled sheet. The steelmaker declined to tell Kallanish the contracted tonnage or value.
Severtstal’s Cherepovets Steelworks (CherMK) already supplies products for most of the models assembled at Russians automotiv…
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Anonymous
Very good overview of the weekly steel market.
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