Dannemora and Stemcor conclude long-term supply contract
(Thomson Reuters ONE) -
Dannemora Mineral has signed a five-year contract (off-take agreement) with
Stemcor UK Ltd for the annual supply of up to 40 percent of production or
approx. 600,000 tonnes of iron ore. Deliveries will commence in 2013.
Staffan Bennerdt CEO and President of Dannemora Mineral:
"The agreement is a confirmation that our products are attractive in the market
and means that we have now signed contracts for 80 percent of our production at
full operation and secured our sales for 2012 and 2013.
Stemcor is the world's largest independent steel trader. Its services span every
step in the steel supply chain and include finance, provision of raw materials,
steel trading, distribution and stockholding. With turnover exceeding £5bn, the
company trades approx. 20 million tonnes of steel and steel-making raw materials
per annum through a network of 125 offices across the globe.
Read more below:
Press Release 2011-10-14:
http://hugin.info/137553/R/1554777/479365.pdf
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Dannemora Mineral AB via Thomson Reuters ONE
[HUG#1554777]
Datum: 14.10.2011 - 08:31 Uhr
Sprache: Deutsch
News-ID 76173
Anzahl Zeichen: 1671
contact information:
Town:
Österbybruk
Kategorie:
Business News
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"Dannemora and Stemcor conclude long-term supply contract"
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