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Companhia Vale Do Rio Doce , a Brazilian iron ore producer, signed a deal to supply 70 million tons of iron ore to Nippon Steel Corporation, a Japanese steel maker, between 2005 and 2014
Latin Trade, August, 2004
COMPANHIA VALE DO RIO DOCE (CVRD), a Brazilian iron ore producer, signed a deal to supply 70 million tons of iron ore to Nippon Steel Corporation, a Japanese steel maker, between 2005 and 2014. Currently, CVRD produces 6 million tons annually of ore for Nippon Steel. The agreement will increase that output to 7 million tons a year, CVBR said.
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