Scrap purchase by CSGT confirms upward trend
China Steel Global
Trading, an affiliate to the Taiwanese steelmaker
China Steel Corp. (
CSC) has bought one cargo of 35'000 mts steel
scrap from EMR at $185/mt CIF FO basis. The cargo composition will be all Bonus grade. Shipment is agreed to take place before September 2003. SteelOrbis understands that the end user for this cargo will be Tang Eng
Stainless Steel.