CVRD signs Memorandum of Understanding with ThyssenKrupp Stahl.

RIO DE JANEIRO, Brazil, December 3 /PRNewswire/ -- Companhia Vale do Rio Doce (CVRD), the largest producer of iron ore and pellets in the world, and ThyssenKrupp Stahl A.G. (ThyssenKrupp), one of the largest European steelmakers, have signed a Memorandum of Understanding (MoU) whose objective is the construction of an integrated slab plant in Brazil.

The next step will be the creation of a Joint Venture Company, Companhia Siderurgica do Atlantico (CSA) to conclude the joint feasibility study and to implement the project.

The 4.4 million tons per year slab plant is expected ...

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