Brazil's Vale Lost $1 Billion Revenue From 1st Half 09 Iron Ore Discounts [Archive] - In Search of Chicas

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07-31-2009, 12:20 AM

Since the beginning of the year, Vale has been granting many steel mills a 20% provisional discount on ore term contracts until a reference price has been agreed on. Many steel mills have already ac...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/26599363/)