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

CVRD and Thyssen Krupp to Form a Joint Venture Steel Slab Plant in Brazil

Dec 6 2004

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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 Siderúrgica do Atlântico (CSA) to conclude the joint feasibility study and to implement the project.

The 4.4 million tons per year slab plant is expected to be located in the State of Rio de Janeiro and to start production in 2008.

For more information on steel manufacture, click here.

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