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Masteel seals RM500m supply deal with Trafigura (5098)

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Masteel seals RM500m supply deal with Trafigura (5098) Empty Masteel seals RM500m supply deal with Trafigura (5098)

Post by hlk Wed 27 Jun 2012, 20:03

KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) signed a RM500mil supply agreement with Swiss-based Trafigura Pte Ltd, the world's second largest independent trader of bulk and non-ferrous minerals.
Under
the terms of the agreement signed on Wednesday, Trafigura would
purchase steel billets and steel bars from Masteel over three years.
Masteel was expect to start supplying the products in the second half of this year.
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