01
May
12:31
Bahrain Steel concludes 20-year Anglo pellet feed agreement
Bahrain Steel has signed a $15 billion agreement for the procurement of 8 million wet metric tons/year of iron ore pellet feed from Anglo American over 20 years. This will provide 60% of the 12m t/y capacity pelletiser’s feedstock requirement.
Bahrain Steel announced its intention to conclude the deal last month (see Kallanish passim). It replaces the deal agreed between the firms in 2012.
For Bahrain Steel, the move is “… a significant mil…
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