Chinese company purchased World Trade Center scrap

As the Chinese press reported, one of the biggest metallurgical companies of China, Bao Steel, purchased 50 thousand tons of World Trade Center scrap. This cost the company $120 per ton. “The scrap will be processed. A part of it, however, will be used for the production of souvenirs, taking account of the historic value.” – one Chinese newspapers wrote.

A spokesperson for Bao Steel confirmed the purchase of the steel scrap in an interview to France Presse. “It is very good quality metal. However, I do not think that it will be good for souvenirs, as this would harm relations between the countries,” a spokesperson said. A part of the total amount of the scrap has already been sold to India, South Korea, and Malaysia.

Irina Malenko PRAVDA.Ru

Translated by Dmitry Sudakov

P.S. ITAR-TASS wrote that the first batch of the WTC metal scrap had been delivered to the port of the South-Indian city of Madras. The vessel delivered 33 thousand tons of the metal debris. This was the fourth batch of the steel scrap from the site of the New York tragedy; the steel will be recycled in India. Another batch of such cargo is on its way to India. The metal scrap from the WTC were sold to India at the price of $120 per ton.