06
Nov
15:36
ESI procures pellet from Vale
Emirates Steel (ESI) has signed a four-year iron ore pellet procurement contract with Vale. The deal will see the steelmaker’s Abu Dhabi-based direct reduced iron plant supplied with feedstock through 2021.
“The agreement with Vale comes in line with Emirates Steel strategy, which aims to secure flexible source of iron ore at competitive, stable and long-term prices,” ESI chief executive Saeed Al Romaithi says in a note sent to Kallanish. ESI&r…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous