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Understanding the demand for Green Steel, page-434

  1. MGT4eva
    1,130 Posts.
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    22/08/23
    04:18
    Post #: 69466145
    Bahrain Steel to supply pellets for green steel project (steeltimesint.com)

    https://hotcopper.com.au/data/attachments/5526/5526917-72a51e3954be23b4a5563ffed49929c8.jpg

    Dilip George, Foulath Holding's Group CEO, stated, "The letter of intent between Bahrain Steel and Essar for the annual supply of 4Mt of DR grade pellets underpins our commitment to addressing the growing demand for DR pellets in the GCC's steel industry.Pending the finalisation and signing of definitive contracts, the agreement secures 50% of the raw material supply of iron ore pellets for the Saudi steel plant.

    What about the remaining 50%?
    MGT Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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