Annual report 2007 - Magnitogorsk Iron & Steel Works ...

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196) Inter-related transactions involving an interest of the parties for Supply Agreements of OJSC MMK steel products between
OJSC MMK and ММК Trading AG, Zug, Switzerland:
Contract # Е150800 on the following terms:
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subject – supply of steel products;
quantity of steel products – 4,600,000 tons;
price – not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
supply period – until next Annual General Shareholders’ Meeting;
settlement procedure - within 60 days from the date of supply.
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Beneficiaries under the transaction are OJSC MMK and ММК Trading AG, Zug, Switzerland.
Contract # Е150801 on the following terms:
• subject – supply of steel products;
• quantity of steel products – 600,000 tons;
• price – not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
• supply period – until next Annual General Shareholders’ Meeting;
• settlement procedure - within 60 days from the date of supply.
Beneficiaries under the transaction are OJSC MMK and ММК Trading AG, Zug, Switzerland.
Contract # Е150803 on the following terms:
• subject – supply of steel products;
• quantity of steel products – 1, 150, 000 tons;
• price – not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
• supply period – until next Annual General Shareholders’ Meeting;
• settlement procedure - within 60 days from the date of supply.
Beneficiaries under the transaction are OJSC MMK and ММК Trading AG, Zug, Switzerland.
Contract # Е150804 on the following terms:
• subject – supply of steel products;
• quantity of steel products – 1,100,000 tons;
• price – not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
• supply period – until next Annual General Shareholders’ Meeting;
• settlement procedure - within 60 days from the date of supply.
Beneficiaries under the transaction are OJSC MMK and ММК Trading AG, Zug, Switzerland.
Contract # Е150806 on the following terms:
• subject – supply of steel products;
• quantity of steel products – 150,000 tons;
• price – not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
• supply period – until next Annual General Shareholders’ Meeting;
• settlement procedure - within 60 days from the date of supply.
Beneficiaries under the transaction are OJSC MMK and ММК Trading AG, Zug, Switzerland.
Contract # E150807 on the following terms:
• subject – supply of steel products;
• quantity of steel products —650 000 tons;
• price — not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
• supply period – until next Annual General Shareholders’ Meeting;
• settlement procedure — within 120 days from the date of supply.
The beneficiaries under the transaction are OJSC MMK and «MMK Trading АG», Zug, Switzerland.
Contract # Е150809 on the following terms:
• subject – supply of steel products;
• quantity of steel products — 2 300 000 tons;
• price — not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;