Jose Martins (left) and Ali bin Hassan Al Muraikhi signing the agreement.
Doha: Qatar Steel yesterday announced it has signed an iron ore pellets supply contract with Vale (earlier known as CVRD), a global player which specialises in exploration and extraction of iron ore, required for the production of steel.
The contract is for a period of three years and renewable for further period of three years. The contract was signed at Qatar Steel Head Office in Doha, by Ali bin Hassan Al Muraikhi, Managing Director and General Manager of Qatar Steel. Jose Martins, Executive Director of Vale represented his company in signing the contract. “Signing the iron ore pellets supply contract with Vale will consolidate our business relations and existing cooperation, which go back to the beginning of 2013”, said Al Muraikhi.
He said Qatar Steel is keen to achieve excellence in customer service through supplying them with high quality steel products.
Vale is the world’s largest producer of iron ore and pellets 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 fertiliser nutrients.