Vale says April sales to China steady, no spot sales

BEIJING, April 28 (Reuters) - Brazilian mining giant Vale (VALE5.SA) will sell at least as much iron ore to China, its biggest customer, in April as it did in March, the company's China president, Michael Zhu, told reporters on Tuesday.

Zhu said the company was not using the spot market for sales to China. The company agrees to benchmark prices with Chinese steel mills once a year, and Zhu said last year's prices were in effect until a new price deal was in place.

Click here to read more about iron ore sales to China.

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