Posted in | News | Ferrous Alloys and Metals | Iron and Steel

CVRD and COSIPA Sign Iron Ore Supply Contract

Jul 23 2004

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Companhia Vale do Rio Doce (CVRD), the largest iron ore producer in the world, informs that It has signed an iron ore supply contract for sinter feed and lump with Companhia Siderúrgica Paulista (COSIPA), a subsidiary of Usiminas, which produces uncoated flat steel (slabs, plates, hot and cold rolled coil).

The contract is for an annual supply of 1.1 million ton of iron ore to COSIPA during three years. The Feijão and Fábrica mines, located in the west region of the Iron Ore Quadrangle, will supply the products to COSIPA.

This contract, signed in a moment of extraordinary global iron ore demand expansion, reflects CVRD´s long-term commitment to the development of the Brazilian steel industry.

For more information on steel manufacture, click here.

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