24
Aug
08:20
Vale signs blockchain ore contract with NISCO
Brazil`s Vale and China's Nanjing Iron & Steel (NISCO) have signed a blockchain iron ore trade contract, Kallanish learns from the miner. Blockchain is a digital ledger and can be used to replace paperwork and improve efficiency and transparency in trade.
Vale says that NISCO ordered 170,000 tonnes of Brazilian Blend Fines (BRBF), which will be shipped to China from the Teluk Rubiah Maritime Terminal in Malaysia. It is Vale's first sale of iron ore usi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous