Vale has released their new DR Pellet price:
Rio de Janeiro, April 2, 2008 – Vale, the world's largest iron ore and pellets producer, concluded the direct reduction pellet price negotiations for 2008 with four important clients in the Middle East and North Africa: Ezz Steel, located in Egypt, Libyan Iron and Steel Company, in Libya, Qatar Steel Company, in Qatar, and Saudi Basic Industries, in Saudi Arabia.
As an outcome of these negotiations, the direct reduction pellet price, FOB Tubarão, increased by 86.67% relatively to 2007. Therefore, the new reference price per dry metric ton Fe unit for 2008 is US$ 2.4222 for Tubarão direct reduction pellets.
Vale has released their new DR Pellet price:Rio de Janeiro,...
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