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Money > Reuters > Report January 21, 2002 1810 IST |
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World Trade Center scrap sails for India, ChinaSteel from the wreckage of the World Trade Center, destroyed on September 11, has been sent to India and China for recycling. New York-based Metals Management said it had bought 70,000 tonnes of steel from Ground Zero, some of which had already been shipped to Southeast Asia. Metals Management president Alan Ratner said four or five ships had sailed from New York carrying scrap steel, among it "very dense" steel girders from the collapsed twin towers. He said the towers were expected to yield somewhere between 250,000 and 400,000 tonnes of scrap for recycling. Shipping sources in Madras said that a 33,000 tonne consignment had already arrived on board the cargo ship Borzna, with a third of the consignment made up of scrap from the twin towers. They said the scrap had been bought at $120 per tonne and a second ship carrying a similar cargo was soon to arrive in Kandla on India's West Coast. Three more were on their way to China, they said. Ratner said the City of New York would be keeping some of the scrap to build a memorial to those killed on September 11.
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