Posted in | News | Business | Iron and Steel

Essar Steel Algoma and Cleveland Cliffs Enter Agreement

Essar Steel Algoma announced today that it has reached an agreement with its iron ore pellet supplier, Cleveland Cliffs, setting an interim price commencing October 1, 2010, for the provision of iron ore pellets.

The interim price and agreement shall remain in effect until certain arbitration proceedings between the parties are finally determined.

Essar Steel Algoma is pleased to have been able to reach this agreement with Cleveland Cliffs.

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