Announcement

Tuesday, April 13, 2010

Hyundai Merchant inks 15 year iron ore transportation deal with Hebei Steel

Xinhua reported that South Korea's second largest shipper Hyundai Merchant Marine Co in partnership with a Chinese local firm, announced that it has signed a deal worth USD 315 million with China's Hebei Steel Group to transport iron ore for the next 15 years.

The deal calls for Hyundai

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