Tag «new long-term agreement»

LKAB and Emirates Steel sign new long-term agreement

Emirates Steel in Abu Dhabi, United Arab Emirates, has signed a seven-year purchase agreement with LKAB for delivery of one million tonnes of direct reduction pellets per year. Emirates Steel, a new customer for LKAB, is investing offensively in the latest technology to become a major steel producer in the Middle East. “This agreement confirms …