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Vale indications Middle East pacts to progress steelmaking raw floor coverings

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The agreements, authorized with Saudi Arabia, the United Arab Emirates and Oman, will likely see Vale build and operate concentration and also briquetting plants within what Vale calls "Huge Hubs," offering secure supply of state-of-the-art agglomerated products. Regional celebrations are anticipated to advertise the construction of the logistics infrastructure, it stated. Commenting.

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Vale recently signed three agreements with local authorities and clients in the Middle East to jointly study the feasibility of developing industrial complexes to produce hot briquetted iron (HBI) and steel products to supply both the local and seabo...

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