Company Samarco signs long-term contract with ironworks from Qatar
The Brazilian mining company and industry, which belongs to mining giant Vale do Rio Doce and BHP Billiton, is going to supply 1.7 million tonnes of iron pellets to Qatar Steel Company, a state-owned company, up to 2010. In current figures, the value of the deal is around US$ 80 million, but it may vary according to fluctuation of the price of the product on the foreign market. Nowadays the Arab market absorbs 22% of company production.

