Anglo, Bahrain Steel ink $15 billion, 20-year pellet deal

摘要

Pellet producer Bahrain Steel BSC has signed a 20-year deal worth around $15 billion withAnglo American Marketing for the supply of iron ore.Anglo will supply up to 8 million mt/year of pellet feed, providing Bahrain Steel's twoproduction lines in Hidd with around 60% of their expected needs.The agreement specifies iron ore supplied at a minimum 67% Fe and 2% or less totalgangue, a company statement said.