Awesome news
Terra Nostra reports shipments of 304 grade stainless steel billets
TUESDAY , MAY 15, 2007 05:38 AM
May 15, 2007 (M2 EQUITYBITES via COMTEX) -- Copper producers Terra Nostra Resources Corporation (OTCBB:TNRO) declared on 14 May the shipment of 304 grade stainless steel billets, part of a USD30m contract.
The 304 grade stainless steel billets were manufactured by the company's stainless steel joint venture operation in China, Shandong Quanxin Stainless Steel Co Ltd.
Terra Nostra had entered into a contractual agreement with Qing Dao Baemyung Metal Co Ltd to produce 600 Metric Tonnes of 304 stainless steel billets monthly over a one year period. The latter will further process the billets into various shaped bars and export the majority of its production to Korea and other major markets.