China's Sinochem to sell 270,000 tons of coke to US Steel Corp
Sinochem International Co Ltd has signed an agreement to sell 270,000 tons of coke to US Steel Corp this year.
BEIJING (AFX) - Sinochem International Co Ltd (SHA 600500), the listed unit of China's largest coke exporter Sinochem Corp, said it has signed an agreement to sell 270,000 tons of coke to US Steel Corp this year.
It did not disclose how much US Steel would pay for the coke.
'The deal signals a big step forward for Sinochem to increase its presence in the international coke market,' said Li Hongwei, Sinochem's vice president.
US Steel Corp is the biggest steel firm in North America with annual output of 26 mln tons.
It did not disclose how much US Steel would pay for the coke.
'The deal signals a big step forward for Sinochem to increase its presence in the international coke market,' said Li Hongwei, Sinochem's vice president.
US Steel Corp is the biggest steel firm in North America with annual output of 26 mln tons.
