Vale to supply iron ore agglomerates to Essar Steel’s Saudi Arabia project

Vale International, a wholly owned subsidiary of Vale SA, has signed a Letter of Intent (LoI) with Essar Steel for the supply of iron ore agglomerates comprising direct-reduction-grade pellets and briquettes, the latter company said on Thursday September 7.

The LoI was signed on September 1, Essar Steel said. Under its terms, Vale International will supply 4 million tonnes per year of iron ore agglomerates for Essar’s Green Steel...


Serife Durmus

September 08, 2023

18:05 GMT