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    RANA — Rana Gruber ASA News Story

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    Brief: Rana Gruber Enters Iron Ore Swap Contracts

    Picture of Rana Gruber ASA logoRana Gruber ASA
    22/11/2023 08:03
    Nov 22 (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 60.000MT IN Q3-24 (20.000 MT PER MONTH) AT AN AVERAGE PRICE
OF
120.00 USD/MT
    * SWAP CONTRACTS RELATE TO PHYSICAL SHIPMENTS IN Q2-24
    * FINAL FINANCIAL SETTLEMENT OF THESE SHIPMENTS WILL BE CONNECTED WITH SWAP CONTRACTS

Source text for Eikon:  ID:nObikf28Na 
Further company coverage:  RANA.OL 

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