08
Nov
09:25
Cargill seals annual iron ore deal with China HLIG
At the 5th China International Import Expo on Monday, Cargill and China’s Hebei Logistics Industry Group (HLIG) signed an annual iron ore purchase agreement totaling $200 million, Kallanish learns.
"These high-quality iron ore concentrates will be sold to large domestic steel companies, which will help reduce pollution emissions, improve steel quality, and promote the high-quality development of the steel industry," said Xiao Mingjian, chairman of …
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Very good overview of the weekly steel market.
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