24 Dec 2010 16:46

AvtoVAZ, MMK sign metal-roll price agreement for H1

MOSCOW. Dec 24 (Interfax) - Russia's largest automaker AvtoVAZ and Magnitogorsk Iron & Steel Works (MMK) have signed an agreement as to prices for delivered metal roll in the first half of next year.

"A compromise has been found and sharp metal-price increases avoided," an AvtoVAZ statement says.