Cliffs extends iron ore pellet deal with AK
Aug 28, 2013 | 12:19 PM
SHANGHAI Cliffs Natural Resources Inc. has entered into a long-term agreement to supply AK Steel Corp. with iron ore pellets for 10 years starting in 2014.
The contracted volumes will be sold at annual prices determined by a formula-based pricing mechanism, Cliffs said Aug. 27. The minimum and maximum prices were not disclosed.....
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