Scrap RSS

  • Copper scrap supply rises in August Aug 28, 2014

    Domestic copper scrap supply has improved in August as major generators of scrap, including original equipment manufacturers, are seeing a pickup in end-market demand, according to market participants.

  • Vt. recycler’s permit upheld by court Aug 28, 2014

    The Vermont Supreme Court has upheld a lower court’s ruling that a metals recycler was properly issued a permit, but the company is still planning to relocate.

  • Labor Day holiday notice Aug 28, 2014

    AMM’s offices will be closed Monday, Sept. 1, in observance of Labor Day, and there will be no issue dated Tuesday, Sept. 2.

  • Pedestrian killed at La. scrapyard Aug 27, 2014

    A pedestrian was killed in an accident at a Louisiana Scrap Metal Recycling facility in Lafayette, La.

  • Bank seeks dismissal of recycler Ch. 11 Aug 27, 2014

    JPMorgan Chase Bank NA is seeking the dismissal of an Illinois metal recycler’s Chapter 11 bankruptcy protection filing, alleging that it spent funds without permission and is attempting to avoid its responsibilities to creditors.

  • Sims taps Knechtel to fill finance chief post Aug 27, 2014

    Sims Metal Management Ltd. has named Fred Knechtel group chief financial officer.

  • Florida bulk export market to see new player Aug 26, 2014

    Competition for bulk ferrous scrap exports out of Florida is set to intensify next month as one more company readies for launch.

  • CMC drops suit vs. former recycling employee Aug 26, 2014

    Commercial Metals Co. (CMC) has withdrawn a trade secrets lawsuit against a former recycling employee.

  • Stainless scrap prices fall a 4th week in row Aug 26, 2014

    Stainless steel scrap prices slid further this week despite sideways nickel tags, with industry sources noting an ample supply of material caused by a weakening in consumer demand.

  • Totall Metal Recycling shuts plant after blast Aug 26, 2014

    Totall Metal Recycling’s Granite City, Ill., plant will be closed Aug. 26 while law enforcement continues an investigation into an explosion that killed two employees and injured another, a company spokeswoman said.

  • Demand spike boosts US bulk export prices Aug 25, 2014

    U.S. prices for bulk ferrous scrap exports to Asia and the Middle East firmed this past week as demand returned to the East and West Coasts amid improving sentiment in the domestic market.

  • Explosion kills two at Totall Metal Recycling Aug 25, 2014

    An explosion at Totall Metal Recycling Inc.’s Granite City, Ill., recycling plant killed two people and injured at least one other, according to a Reuters report.

  • Schumer joining Sims Brothers Recycling Aug 25, 2014

    Sims Brothers Recycling has hired Dave Schumer as a buyer/trader of ferrous, nonferrous and non-metallics.

  • Creditors seek examiner in Worley bankruptcy Aug 25, 2014

    A Memphis-based metal recycler in the midst of bankruptcy proceedings is objecting to a creditors’ request to appoint an independent examiner.

  • Kansas recycler’s expansion plans stymied Aug 25, 2014

    A metal recycler’s plans to open an operation in Hays, Kan., have been stymied

  • Calif. recycler looking to expand Aug 25, 2014

    A North Hollywood, Calif., recycler is seeking to expand its scope of services.

  • Sims Metal Management trims losses Aug 23, 2014

    Sims Metal Management Ltd. narrowed its losses in its fiscal year ended June 30 on strong performances in Australia and Europe, which offset a weaker performance in North America and by its electronics recycling division.

  • Sponge iron crimp spurs Indian scrap tags Aug 22, 2014

    Tight sponge iron supply in India helped lift some ferrous scrap prices this past week as large producers continued to book supply, although smaller operators remained absent from the marketplace.

  • Salvage yard owner pleads guilty in toxic dumping case Aug 22, 2014

    The owner of a Long Island, N.Y., salvage yard had admitted dumping thousands of gallons of toxic automotive fluids into the ground.

  • Calif. recycler denied permit, must scale back operations Aug 22, 2014

    Basik Recycling Inc. is being forced to scale back the scope of its operations after officials in Chico, Calif., denied its request for a permit to operate a recycling, scrap and dismantling yard.

  • Ferrous scrap export prices to Asia mixed Aug 21, 2014

    Export prices for containerized ferrous scrap to Taiwan and South Korea inched marginally higher this week due to improving sentiment in the United States and Japan.

  • Georgia recycler loses bid to rezone property Aug 21, 2014

    A Georgia scrap metal processing company that recently started operations has been told the business cannot continue to operate.

  • Zorba pricing steady after August rise Aug 20, 2014

    Export prices for zorba, a nonferrous auto shred comprised mostly of aluminum, could maintain the higher levels achieved earlier this month after demand from China boosted domestic and export markets.

  • Scrap price sentiment said improving for Sept. Aug 20, 2014

    Strengthening steel mill order books, finished steel prices and ferrous scrap export prices, combined with tighter scrap supply and transportation issues, have boosted market sentiment for domestic scrap prices in September.

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