Qatar Steel has signed an iron ore pellets supply contract with VALE (earlier known as CVRD), a global famous company, specialized in exploration and extraction of iron ore, required for the production of steel. The contract is for a period of 3 years and renewable for further period of 3 years. The contract was signed at Qatar Steel Head Office in Doha, by Mr. Ali Bin Hassan Al-Muraikhi, Managing Director & General Manager of Qatar Steel. Mr. Jose Martins – Executive Director of Vale represented his company in signing the contract. High ranking officials from both sides attended the event. Vale is the world’s largest producer of iron ore and iron ore pellets, key raw materials for steel making, and the world’s second largest producer of nickel. They also produce manganese, Ferro alloys, thermal and coking coal, copper, cobalt, platinum group metals, and fertilizer nutrients. After the signing ceremony, the Read more…