10
Apr
14:17
Vale signs Mitsui nickel briquette supply contract
Vale has signed a new agreement to supply tonimet briquette to Japanese trading house Mitsui & Co as a related party transaction, Kallanish reads in a note issued by the Brazilian miner.
The miner has agreed to supply 16,000 tonnes of said product to its partner for the value of $323 million.
“The sale price is based on the London Metal Exchange (LME), with a premium negotiated under market conditions on the same basis as other players,&r…
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Anonymous
Very good overview of the weekly steel market.
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