23
May
15:26
Vale consortium to build steel mill in Marabá
Vale says that it will sign a memorandum of understanding (MOU) with Concremat/China Communications Construction Company (CCCC) to build a steel mill, Kallanish learns from the Brazilian miner. The agreement aims to support the financial structuring of a flat rolling mill in Marabá, in Pará state.
“Vale will support the project through the issuance of guarantees that will enable the financing to be contracted by CCCC, in amounts to be ag…
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Anonymous
Very good overview of the weekly steel market.
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