Ma’anshan Steel and CVRD settle new contract for iron ore
SteelOrbis is reported that, Ma'anshan Steel Corp.(Magang) has signed a contract, that is to be valid for six years, for suppliance of
iron ore with
Brazil Mining Corp. Pursuant to the contract, CVRD will supply 3'500'000 tons
iron ore each year in 2004-2005 period and in the period of 2006-2009, it will supply 4'000'000 tons each year.