NJ scrap legislation seen hurting peddler scrap flow

Jun 05, 2013 | 02:28 PM | Nathan Laliberte

Tags  New Jersey scrap law, Chris Christie, peddler scrap, scrap sales, recyclers, Nathan Laliberte

NEW YORK — A New Jersey bill imposing stepped-up restrictions on the purchase of scrap metals could present significant headwinds for the intake of peddler scrap, sources said.

The legislation updates a 2009 scrap law requiring metal recyclers to verify the identity of sellers and maintain detailed records of all transactions. Included in the update is a provision that would prohibit dealers from purchasing metals from sellers arriving without a motor vehicle. ....





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