Nippon Steel, Posco in deal with Fording, Teck
Dec 20, 2004 | 10:48 AM
| John E. Sacco
Nippon Steel Corp. and Posco Ltd. have signed a letter of intent with Fording Canadian Coal Trust and Teck Cominco Ltd. to enter into 10-year sales contracts covering an aggregate 4.85 million tonnes of metallurgical coal annually from the Elkview and other Elk Valley mines.
Nippon Steel, Tokyo, and Posco, Seoul, South Korea, would see the amount of metallurgical coal they receive increase to 6.25 million tonnes per year in 2007 and beyond.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here