Vale and the North Railway Center signed a memorandum of understanding at the third Expo.

Published: Nov 9, 2020 11:36

SMM11: during the third China International Import Expo (Expo), Vale and Beijing Iron Ore Trading Center (Beitian Railway Center) signed a memorandum of understanding this morning, which is a milestone in Vale's process of launching a new spot iron ore transaction, WeChat Mini Programs.

Under the witness of Mr. Wang Yingsheng, Deputy Secretary-General of China Iron and Steel Association (CISA), the MOU was jointly signed by Ms. Xie Xue, President of Vale China, and Mr. you Song, President of North Railway Center.

Mr Wang Yingsheng, Deputy Secretary-General of CISA, said: "We are very pleased to see the development of Vale and the North Railway Centre. We believe that these innovations will increase openness and transparency, add value to China's steel industry, and help ensure a continuous supply of high-quality iron ore products to China. "

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