Stemcor USA sues pig iron producer, trader
Oct 09, 2012 | 03:48 PM
| Lisa Gordon
Tags
pig iron,
Stemcor USA,
Cia. Siderúrgica do Pará,
Cosipar,
Americas Metals Trading,
M/V UBC Santos,
Mississippi River,
breach of contract lawsuit
Lisa Gordon
PITTSBURGH — Stemcor USA Inc. is seeking nearly $5 million from a Brazilian supplier and its trader for allegedly not delivering shipments of pig iron.
The trading company filed a breach-of-contract lawsuit against Marabá, Brazil-based Cia. Siderúrgica do Pará Ltda (Cosipar) and London-based America Metals Trading LLP (AMT) in U.S. District Court in Louisiana, stating that it believes a cargo of the iron units is aboard the vessel M/V UBC Santos, which....
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