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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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April 2008 | Steel Raw Materials


Vale strikes pellet deal with ThyssenKrupp: Iron Ore Analysis


Brazilian miner Vale has announced a 2008 deal with ThyssenKrupp Steel (TKS) of Germany for blast furnace grade pellets at 86.

Brazilian miner Vale has announced a 2008 deal with ThyssenKrupp Steel (TKS) of Germany for blast furnace grade pellets at 86.67% up on last year’s price. The deal is broadly in line with contracts already made by Vale with other European steelmakers.  Vale has also concluded both  blast furnace and direct reduction pellets price negotiations with ArcelorMittal. They will  also have to pay...

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