CVRD third-party purchases at record level

CVRD, the giant Brazilian iron ore miner, says it will be forced to buy a record 12 million tonnes of iron ore from third parties in 2004 to meet demand from its customers.

CVRD third-party purchases at record level CVRD third-party purchases at record level CVRD third-party purchases at record level CVRD third-party purchases at record level CVRD third-party purchases at record level

The company’s director of investor relations, Roberto Castello Branco, told analysts that “if the demand is higher than production, you buy from third parties”

Reuters said the need to buy from smaller

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