In 2002, steel supplies from the Vologda Region's Severstal plant to Fiat auto makers will grow by 350% on the year to 10,000 tonnes. This is according to the Severstal's press service.
Fiat uses highly pliable grades of steel fit for die-forging parts of complicated configurations and etched hot-rolled items. At this time, the two companies are negotiating the possible supplies of Russian steel to joint companies the Fiat is a party to in third countries.
The choice of the city of Helsinki is not incidental as the capital of Finland had hosted US-Soviet negotiations on the limitation of nuclear stockpiles in 1969