|
|
|
|
Inventories consist of the following:
|
September
30,
|
|
1999
|
1998
|
|
(Thousands
of U.S. dollars)
|
Finished
products (HBI) |
3.512
|
2.656
|
| Iron
ore and raw material |
1.923
|
2.881
|
| Supplies
and spare parts |
9.883
|
12.095
|
| Materials
in transit |
765
|
1.859
|
| Allowance
for obsolescence |
(441)
|
(398)
|
|
15.642
|
19.093
|
| Less:
Spare parts and supplies classified as long-term and
included in other assets |
(2.055)
|
(2.153)
|
| |
13.587
|
16.940
|
|
|
|
