Brief: Rana Gruber Enters Iron Ore Swap Contracts

Rana Gruber ASA

31/08/2023 14:27

Aug 31 (Reuters) - Rana Gruber ASA  RANA.OL :
    * ENTERS IRON ORE SWAP CONTRACTS
    * HAS ENTERED INTO IRON ORE 62% FE, CFR CHINA (TSI) SWAP
CONTRACTS
    * HAS AGREED TO SELL A TOTAL OF 120,000MT IN Q4-23 AT AN
AVERAGE
PRICE OF 111.70 USD/MT
    * SWAP CONTRACTS RELATE TO PHYSICAL SHIPMENTS IN Q3-23
    * FINAL FINANCIAL SETTLEMENT OF THESE SHIPMENTS WILL BE
CONNECTED
WITH SWAP CONTRACTS

Source text for Eikon:  ID:nObibMMfKa 
Further company coverage:  RANA.OL 

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