BlueScope Australia & New Zealand (BANZ ... - BlueScope Steel

Supply and pricing of iron ore and metallurgical coal to PKSW
Supplier Term Approximate Volume (p/a) Pricing Basis
Iron ore
BHP Billiton
10 years from
1 July 2009
Up to 4.18Mt 1 lump & fines
Linked to average monthly index in the month of
shipment
New Zealand Steel Short term contracts 0.15Mt iron sands Linked to average index 15 days prior to shipment
Metallurgical coal
Supplier
BHP Billiton
(Illawarra Coal)
Term
30 years from
1 July 2002
Product /
Approximate Volume (p/a)
Hard coking coal;
minimum volume linked to
blast furnace requirements
Pricing Basis
Market based pricing linked to BHP Billiton sales to
contract customers
Peabody Energy Until 31 March 2014 PCI Coal; 300-400Kt 1 Agreed quarterly pricing
Various suppliers for
production of export
coke
Short term contracts Coking coal as required Agreed monthly & quarterly pricing
Note: 1) reflects agreed reduced annual volumes post closure of No.6 Blast Furnace at Port Kembla
Page 38