CSGT signs prefinancing agreement with MMK
SteelOrbis is told that; the China Steel Global Trading Co.(CSGT) has signed a prefinancing agreement with Russian mill MMK. The agreement will cover supply of approximately 40,000 mt/month of slabs to Taiwanese mills, against prefinancing of abt $20 million. Price is reported as $230/mt CFR FO Taiwanese port.CSGT signs prefinancing agreement with MMK
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