Cliffs, Essar Algoma in orepellet supply dispute

摘要

US miner Cliffs NaturalResources and Canadian mill EssarSteel Algoma are in a legal dispute overiron ore pellet shipments, after NorthAmerica’s largest pellet supplier annulleda contract.Effective Monday, Cliffs terminatedits pellet sales contract with EssarAlgoma, blaming the Indian-owned unit’s“multiple and material breaches underthe agreement.”