According to an article in the Commercial Dispatch, Severstal Columbus, a steel plant in the Lowndes County industrial park, is in the middle of litigation with its former metal brokerage company.
Severstal, then known as SeverCorr, entered an agreement with Jefferson Iron and Metal Brokerage Inc. in 2006 for the company to "locate and secure," according to court documents, "no less than 30,000 gross tons of scrap metal per month" for Severstal. Severstal, in turn, would pay Jefferson's procurement costs, as well as $2 per gross ton of scrap metal.
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