INI Steel buys scrap

Tuesday, 19 August 2003 11:02:41 (GMT+3)   |  

INI Steel buys scrap

Further to its purchase from Hugo Neu, Korean steel maker INI Steel has bought another scrap of US West Coast origin from SIMS-USA. The quantity is 40'000 mts in a composition of 20'000 mts shredded, 3'000 mts bonus, 2'500 mts galvanized wire bundle and the balance HMS I/II 85/15. The price is agreed at $178.75/mt CIF FO for HMS I material.

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