Rod,
There is no doubt that our lil OZ market will fell the effect of Uncle Sam's financial mess.....
But, Rudd is coming home tomorrow.....and bringing the chinese fortune cookies home.....and we should hear from it very soon mate....
Hold in there because more than ever we are for a very interesting times ahead.....
NZ has just signed a deal......our turn is coming mate... :))
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April 12, 2008
Rizhao Steel inks iron ore contract with New Zealand Steel
It is reported that Rizhao Steel has signed an ore supply contract for 2008 to 2009 with New Zealand Steel during the latter's recent visit to Rizhao Steel starting Mar 3rd 2008.
As per the contract, New Zealand Steel will provide 250,000 tonnes to 360,000 tonnes of vanadium titano magnetite during 2008 to 2009 to the Chinese steelmaker.
New Zealand Steel founded in 1965 is a sole subsidiary of BlueScope Steel and mainly produces steel products with high added value. It boasts nearly 500 million tonnes of iron ore resources in west coast of New Zealand, feeding itself as well as China and Japan.
monday, page-2
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$40.28 |
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Mkt cap ! $204.3B | |||
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