November 22, 2008

Kremikovtsi ink an agreement with ArcelorMittal

FOCUS News Agency reported that Kremikovtsi AD, Global Steel Holding Limited property signed an agreement with Arcelor Mittal Kremokovtsi.

According to the agreement Kremikovtsi will manufacture into steel all raw materials, delivered by Arcelor Mittal. Kremikovtsi, as part of the contract, will make the production. The production will remain up to standard 60 000 tones per month and will increase until the condition of the units become better.