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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: THE ANT who wrote (76522)	3/20/2008 11:27:16 AM
From: elmatador	Read Replies (1) of 116555

According to Vale, Ilva agreed to pay an 86.67% increase for the blast furnace pellet price. Vale said that with the adjustment the new reference price is $2.202 per unit for pellets shipped from Vale's port in Tubarao. "Vale reinforces its commitment with its customers, investing a substantial amount of resources to add new capacity of high quality pellets to meet their increasing demand, aiming to enhance our long-term relationship," the company said. tradingmarkets.com Doesn't look like that commodities are going down.

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