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Name | Symbol | Market | Type |
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Vanguard Mid Cap Value | AMEX:VOE | AMEX | Exchange Traded Fund |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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-0.3599 | -0.21% | 174.5501 | 175.54 | 174.13 | 175.07 | 371,889 | 20:08:09 |
Austrian steel company Voestalpine AG (VOE.VI) Thursday said it signed a supply agreement with Siemens AG (SI) and Midrex Technologies Inc. on Wednesday evening.
MAIN FACTS:
-Financial details of the deal weren't disclosed, but Voestalpine announced earlier this year the plant would cost around 550 million euros ($715 million) altogether.
-The consortium composed of Siemens and Midrex will provide engineering, the mechanical and electrical equipment, and consulting services for the plant.
-The plant is set to launch early 2016 and should employ around 150 employees.
-Voestalpine announced earlier that the plant is near Corpus Christi, Texas, and will be capable of producing 2 million tons of hot briquetted iron annually.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500
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