EVRAZ Signs Long-term Contract To Supply Grinding Balls To Metalloinvest
EVRAZ and Metalloinvest have signed a five-year formula-based agreement for delivery of steel grinding balls. The products will be supplied to Mikhailovsky GOK and Lebedinsky GOK, as well as OEMK.
EVRAZ and Metalloinvest have a long story of partnership. The new five-year contract has replaced the previous three-year one.
"This contract will ensure reliable supplies for our key customer, while providing a guaranteed workload to our ball mills in Nizhny Tagil and Novokuznetsk, – underlined Ilya Shirokobrod, EVRAZ Vice President, Sales. We have recently completed a substantial modernisation of equipment to improve product quality. Besides, EVRAZ is designing a new ball mill and we expect to offer a new generation of grinding balls to our partner, with no equivalent in Russia."
"Efficiency and high quality of products are our top priorities. The agreement that we signed with EVRAZ is in line with our requirements as it helps to ensure effective production, – said Andrey Ugarov, the First Deputy CEO of Management Company Metalloinvest. – I believe that implementation of this long-term agreement is in line with the interests of both Metalloinvest and EVRAZ and will contribute to developing cooperation between our companies.”
EVRAZ is the largest supplier of steel grinding balls in Russia and CIS. The Company produces 30 to 120 mm balls at its West Siberian (EVRAZ ZSMK) and Nizhny Tagil (EVRAZ NTMK) Mills, supplying them to consumers in mining, steel and cement industries.
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