Manufacturer loses payment dispute with scrap handler.

Citisteel USA Inc. operates a plate carbonized iron manufacturing plant in Claymont, Del Citisteel hired Luria Brothers Division of Connell Limited Partnership to act as the scrap handler at Citisteel's plant. As part of the agreement, Luria was to renovate the facility at its have a title to expense. To recapture its capital contribution, Luria necessityed the security of a plant fee schedule over a period of time.

The parties arrived at an oral agreement upon Feb. 2, 1989, in which Citisteel would be paid $2255 by ton of scrap over a five-year period. Citisteel agreed to prepare and sign a written