Hanbo/Pyongtaek scrap purchase
Steelorbis is informed that SIMS USA sold Hanbo/Pyongtaek a 38-40'000 mt deep sea
scrap cargo to be shipped by October The cargo composition will be 15'000 mts bonus grade, 4'000mts
galvanized bundle, 400 mt no.2 bundle and balance HMS 1/2 85/15. The price for average HMS is agreed at $170.75/mt CIF FO. A $10/mt premium will work on the Bonus grade material.