FORM 6-K

                                 UNITED STATES
                             WASHINGTON, D.C. 20549


                        REPORT OF FOREIGN PRIVATE ISSUER
                      PURSUANT TO RULE 13a-16 or 15d-16 OF
                      THE SECURITIES EXCHANGE ACT OF 1934

                             For November 21, 2001

                           Companhia Vale do Rio Doce
             (Exact name of Registrant as specified in its charter)

                        Valley of the Doce River Company
                (Translation of Registrant's name into English)

                         Federative Republic of Brazil
                (Jurisdiction of incorporation or organization)


                          Avenida Graca Aranha, No. 26
                      20005-900 Rio de Janeiro, RJ, Brazil
                    (Address of principal executive offices)


[Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:]

               FORM 20-F  X                            FORM 40-F
                         ---                                     ---

[Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to rule 12g3-2(b) under the Securities Exchange Act of
               YES                                          NO  X
                   ---                                         ---

[If "Yes " is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):]  Not applicable


                           Companhia Vale do Rio Doce

                               TABLE OF CONTENTS

This Form 6-K contains the following:

Item                                                                   Number
----                                                                 ----------

  1. Press release, dated November 21, 2001, entitled "CVRD:
     Brazilian Government Debt and Securities".......................     3


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                          COMPANHIA VALE DO RIO DOCE

                                          By: /s/ Eduardo de Carvalho Duarte
                                             Name: Eduardo de Carvalho Duarte
                                             Title:   Chief Accountant

Dated: November 21, 2001

                                                                         Item 1

                    Vale do Rio Doce                               Press Release

                 CVRD: Brazilian Government Debt and Securities

Rio de Janeiro, November 21, 2001 - Companhia Vale do Rio Doce (CVRD), having
awareness that Brazilian government debt and securities are being offered to
the market as its properties by intermediaries said duly authorized by the
Company, informs the following:

the Company did not authorize any intermediary to represent it with the purpose
of negotiating such debt and securities;

all negotiations involving CVRD financial assets are exclusively made by its
Finance Division, located at Avenida Graca Aranha 26, 17th floor, Rio de
Janeiro, Brazil.

The purpose of this press release is to prevent and restrain the public from
realizing transactions with nonexistent assets.

                                       For further information, please contact:
                 Roberto Castello Branco: castello@cvrd.com.br +55-21-3814-4540
                             Andreia Reis: andreis@cvrd.com.br +55-21-3814-4643
                            Barbara Geluda: geluda@cvrd.com.br +55-21-3814-4557
                           Daniela Tinoco: daniela@cvrd.com.br +55-21-3814-4946

This release includes "forward-looking statements" that express expectations of
future events or results. All statements based on future expectations rather
than on historical facts are forward-looking statements that involve a number
of risks and uncertainties, and the company cannot give assurance that such
statements will prove to be correct.