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Article: Market Commentary on Companhia Vale do Rio Doce.
- Article from:
- M2 Presswire
- Article date:
- February 26, 2007
CopyrightCOPYRIGHT 2007 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-26 February 2007-Resource News: Market Commentary on Companhia Vale do Rio Doce(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:26022007
Market Commentary on Companhia Vale do Rio Doce (NYSE:RIO)
Companhia Vale do Rio Doce (CVRD), the world's leading iron ore miner, has more than one iron in the fire. Iron ore and pellets (used in steel production) account for about two-thirds of CVRD's sales; the company, in turn, accounts for 30% of the world's ocean-shipped iron ore. CVRD's mines also produce bauxite, manganese, kaolin, and potash. Other products include steel, ferro-alloys, copper, and aluminum. CVRD has holdings in hydroelectric power ...