07
Jun
15:31
Nordic Iron Ore negotiates three off-take agreements
Nordic Iron Ore (NIO) is currently negotiating three off-take agreements for its prospective iron ore production, and aims to increase this number. The Swedish firm calculates it will receive an $8-12/tonne premium for 69% Fe iron ore over 62% Fe material.
NIO owns the Ludvika mines Blötberget and Håksberg, located just northwest of Stockholm. In the first project phase, due for commissioning in 2018, the miner plans to produce up to 1.4 million tonne…
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Anonymous
Very good overview of the weekly steel market.
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