Secured five-year contract9 February, 2015 15:23 Del Del Del
Rana Gruber AS has entered into a five-year contract to supply Tata Steel with a minimum of six million tonnes of iron fines over five years. This will help to provide a firm foundation for operations for the next few years.
– This is a customer we have supplied to previously, and the volume for the previous contract has now increased considerably, says Kjell Sletsjøe, Managing Director of Rana Gruber AS.
The fines will be supplied to three different location: Scunthorpe in England, Port Talbot in Wales and IJmuiden in the Netherlands. The contract is linked to the current price on the world market, and this price is dominated by the markets in Asia.
Del Del Del