New long-term iron ore contracts with Vale

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New long-term iron ore contracts with Vale

Time:2008-5-4 8:56:38 Source:cssm Author:wjhong	[Size:B M S][Favorite][Close]

ArcelorMittal has announced that it has signed new long-term contracts with Vale (Companhia Vale do Rio Doce) to supply iron ore and pellets to its plants in Europe, Africa and the Americas. Under these long-term contracts, which are the largest ever signed between a steel company and an iron ore supplier, Vale will supply approximately 480 million tons of iron ore and pellets to ArcelorMittal plants over the next ten years.

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