Brazil's Vale Asking JFE Steel 90% For Ore Price Hike - Report [Archive] - In Search of Chicas

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03-05-2010, 03:20 PM

Vale SA (VALE, VALE5.BR) is about to close a deal with Japan's JFE Steel (5411.TO) to sell iron ore at over 90% above 2009 prices, the Valor newspaper reported Friday.

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/32830269/)