Russian steel producer Evraz Group SA (EVR.LN) said Friday it may suspend some operations in the Czech Republic if it doesn't reach a price agreement with ArcelorMittal (MT), which supplies pig iron to the local plant.

Vitkovice Steel is the largest producer of steel plates in the Czech Republic, but accounts for a small proportion of the 885,000 metric tons that Evraz made and sold in Europe last year.

A spokesman for the Russian company said the plant has been losing money since 2009, blaming this on the high prices for pig iron demanded by ArcelorMittal, the world's largest steelmaker.

He said the company's rolling mills would continue operating using imported steel if the pig iron dispute with ArcelorMittal isn't resolved.

Company website: www.evraz.com

-By Will Bland and Alexander Kolyandr, Dow Jones Newswires; +7 495 232 9198; william.bland@dowjones.com
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