Published: Wednesday June 27, 2012 MYT 2:29:00 PM
Masteel seals RM500m supply deal with Trafigura
By Hanim Adnan
KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) signed a RM500mil supply agreement with Swiss-based Trafigura Pte Ltd, the world's second largest independent trader of bulk and non-ferrous minerals.
Under the terms of the agreement signed on Wednesday, Trafigura would purchase steel billets and steel bars from Masteel over three years.
Masteel was expect to start supplying the products in the second half of this year.