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 in just a few steps. Already registered? Log in Discover what Fastmarkets MB has to offer with a FREE 7 day trial: View a sample of all 1,000+ prices Access the past month's market insights No commitment Try our global metal company database Get free access now Subscribe now to get access to Fastmarkets MB: 1,000+ metals prices and premiums including key industry benchmarks Prices analysis tool Live news and breaking news alerts Contact information for 11,500+ companies Subscribe now 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}}