December 02, 2008

Sumikin Bussan opens Ichikawa scrap yard

TEX reported that Japan's trading company Sumikin Bussan Corp has opened a captive metal scrap yard at Ichikawa city in Chiba prefecture.

The main purpose is to supply locally available ferrous scrap in seaborne cargoes to the Wakayama works of Sumitomo Metal Industries Ltd for shipment at the Funabashi central wharf in the Tokyo Bay area.

The Ichikawa yard represents what Sumikin Bussan operates as its first one in the Tokyo Bay area. It has a ground area of nearly 540 tsubo with a container house, a platform scale and a power shovel. The collection of ferrous scrap is projected at a monthly level of 3,000 tonne. Grades for collection are P&S scrap and new production scrap in bulk. At present, the collection of only P&S scrap is under way, and the first shipment to SMI's Wakayama works is expected to take place shortly.

(Sourced from TEX Report Ltd)