Scrap import contract by Taiwanese mill
Taiwanese steel maker Wei Chih Steel Industrial Co. Ltd., producer of billets and bars, have bought 25'000 mt scrap through Sims Australia, SteelOrbis is reported. Cargo composition is 6'000 mt bonus grade, 15'000 mt shredded, and 4'000 mt HMS I/II (80:20) at a unit price of $183.00/mt CFR FO on average. Shipment will be performed in April 2003.