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China's Ansteel Signs COA With STX
It has turned out that on July 10 China's Anshan Iron and Steel (Group) Corp ("Ansteel") entered into a longterm Contract of Affreightment ("COA") with STX Group to transport Australian and Brazilian iron ore mainly to Ansteel's Bayuquan steelworks at Yingkou. The contract period has not been revealed.

STX Group is South Korean leading shipbuilding and shipping enterprise, and has also a COA concluded with Maanshan Iron and Steel of China. Ansteel is operating Bayuquan steelworks besides that situated in Anshan, Liaoning province.
last modified : Tue 21 Jul, 2009 [10:20]
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