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

CVRD and Nippon Steel Sign Long Term 70 Million Ton Iron Ore Supply Contract

Jul 23 2004

Related Stories

Companhia Vale do Rio Doce (CVRD), the largest iron ore producer in the world, and Nippon Steel Corporation (Nippon Steel), the largest steelmaker in Japan, signed a long term contract for the supply of 70 million tons of iron ore for the period between 2005 and the end of 2014 Japanese fiscal year - March 2015.

This contract follows the basic agreement signed between the two companies in April 19, 2004, and represents an important milestone in the long-term relationship between CVRD and Nippon Steel, which will celebrate 50 years in 2005.

Long term contracts signed between CVRD and its clients support the Company’s investment efforts in iron ore capacity expansion, and at the same time, eliminate risks of raw material shortage for the steelmaking industry.

For more information on steel manufacture, click here.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Sponsored Content

Editorial Highlights

The Current State of the Global Semiconductor Market

The Current State of the Global Semiconductor Market

The global semiconductor market has entered an exciting period. Demand for chip technology is both driving the industry as well as hindering it, with current chip shortages predicted to last for some time. Current trends will likely shape the future of the industry, which is set to continue to show

How are Graphene Batteries Made?

How are Graphene Batteries Made?

The primary distinction between graphene-based batteries and solid-state batteries lies in the composition of either electrode. Although the cathode is commonly changed, carbon allotropes can also be employed in fabricating anodes.

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback