Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Salzgitter Rejects Iron Ore ‘Blind Date’ Pricing, FTD Reports

April 26 (Bloomberg) -- Salzgitter AG, Germany’s second-biggest steelmaker, opposes a new pricing model for iron ore implemented by Vale SA, Financial Times Deutschland reported, citing Chief Executive Officer Heinz Joerg Fuhrmann.

The model, based on setting the price for iron ore after delivery, “is like a blind date with the supplier,” as steel makers agree with their customers on prices beforehand, the newspaper cited Fuhrmann as saying.

Stefan Nicola in Berlin at +49-30-70010-6246 or

To contact the editor responsible for this story: Reed Landberg at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.