ArcelorMittal to supply rails to Spanish railways: Spanish railways and infrastructure and its company ADIF announced that they signed a contract worth € 12,7 million with ArcelorMittal Spain, ArcelorMittal's Spanish subsidiary. With the contract, ArcelorMittal Spain will supply rails to Spain for the construction of new railways, repair and renovation of old railways.
According to the statement, ArcelorMittal will be responsible for the storage, protection and monitoring of manufactured products for one year. However, as per the signed 12 monthly contract, ArcelorMittal will undertake the transportation of the manufactured products, loading and unloading works, and the shipment of the products from the factory to the melting plant and then to the collection points.
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