Polish Shipyard negotiates zł.600 million steel contract

"The shipyards can order up to 300,000 tonnes of steel annually, while next year we expect deliveries exceeding 200,000 tonnes," said Jerzy Konopka, KPS president, adding that joint orders of domestic shipyards will allow negotiating a better price. The price depends however on the sale margin which will be set by CZH, which is an intermediary in the process. "Until the end of November we will finalize settling the terms. We want the prices to be competitive. This is the most important contract to date for us," said Marian Bąk, CZH president. The value of the contract can reach zł.600-700 million. (Puls Biznesu, pp. 1, 9) A.K.