Posted On: 03/05/2014 2:20:21 PM
Post# of 44946
SUTR || Big News Out Yesterday
Sutor Technology Group Limited to Supply New Products to SAMSUNG Group 1 days 6 hours 15 minutes ago - PR Newswire via Dow Jones News CHANGSHU, China, March 4, 2014 /PRNewswire-FirstCall/ -- Sutor Technology Group Limited (the "Company" or "Sutor") (Nasdaq: SUTR), a leading China-based manufacturer and distributor of high-end fine finished steel products used by a variety of downstream applications today announced that Changshu Huaye Steel Strip Co., Ltd., a subsidiary of Sutor, has entered into a supply contract with SAMSUNG Group to supply a total of 6,500 metric tons of aluminum-zinc alloy coated steel (also known as Galvalume). The contract is valued at approximately $5.2 million. According to the contract, the goods will be shipped to Samsung's operating base in Brazil and the delivery is expected to begin in mid April 2014.
Sutor Technology Group Limited to Supply New Products to SAMSUNG Group 1 days 6 hours 15 minutes ago - PR Newswire via Dow Jones News CHANGSHU, China, March 4, 2014 /PRNewswire-FirstCall/ -- Sutor Technology Group Limited (the "Company" or "Sutor") (Nasdaq: SUTR), a leading China-based manufacturer and distributor of high-end fine finished steel products used by a variety of downstream applications today announced that Changshu Huaye Steel Strip Co., Ltd., a subsidiary of Sutor, has entered into a supply contract with SAMSUNG Group to supply a total of 6,500 metric tons of aluminum-zinc alloy coated steel (also known as Galvalume). The contract is valued at approximately $5.2 million. According to the contract, the goods will be shipped to Samsung's operating base in Brazil and the delivery is expected to begin in mid April 2014.
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