Severstal to supply coking coal and iron pellets to Rautaruukki

Karelsky Okatysh and Vorkutaugol, managed by Severstal Resources Mining Division, will be supplying the production facilities of the of Finish company Rautaruukki with coking coal and iron ore pellets over the coming 3 years.

The Division’s deliveries will meet about 20% of the Finish Group’s demand for coking coal and iron ore pellets. The initial shipments of pellets to Rautaruukki took place in May, whereas first coal deliveries will begin in July 2012.

“We welcome Rautaruukki as a client of our Division and see great prospects for our companies’ cooperation. Customer-oriented approach is among Severstal’s key values, and we intend to be a reliable supplier of quality products to our partners,” comments Sergei Starodubtsev, Director for Sales, Marketing & Logistics, Severstal Resources Division.