Lithium Prices Update Vale pilots yuan futures-based iron ore sales Brazilian miner Vale has diversified its iron ore sales to yuan-denominated futures contract pricing, which is the first time for global miners to use such pricing. Vale’s Shanghai branch has signed a deal with the trading arm of Shandong Laigang Yongfeng Steel for a Qingdao-port-delivered cargo of Brazilian Blend fines to be priced against the May 2020 iron ore futures contract on China’s Dalian Commodity Exchange, the exchange said on Thursday November 14. The... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok To view this content, please take a free trial or subscribe to our service. Already registered? Log in Subscribe to the latest news: Personalized live and breaking news alerts Access live news and market information Access our market news archive back to 1997 Buy now Take a FREE 7 day trial: Access the past month's market insights Coverage from our experts embedded in the markets Try our global metal company database Take a trial Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published July Zhang November 15, 2019 09:45 GMT Shanghai Keywords Vale Dalian Commodity Exchange yuan-denominated iron ore Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
