Scrap RSS

  • Scrap export tags to Taiwan dip again Jul 31, 2014

    Export prices for containerized ferrous scrap to Taiwan slipped for the sixth successive week as mill interest remained bleak.

  • ISRI adds aluminum scrap grade to spec list Jul 31, 2014

    The Institute of Scrap Recycling Industries (ISRI) has released a new nonferrous scrap specification to better reflect trade in the market.

  • Scrap trading veteran Peterson retires Jul 31, 2014

    Raymond Peterson retired as vice president of trading at Allegheny Raw Materials Inc. (ARM) after 44 years in the industry, effective July 31.

  • Scrap price sentiment seen climbing for Aug. Jul 30, 2014

    U.S. steel mills are unlikely to cancel outstanding scrap orders July 31 as market sentiment on August’s price direction improves.

  • Upstate getting parts for Pa. shredder Jul 30, 2014

    Upstate Shredding LLC-Ben Weitsman & Son Inc.’s operations in New Castle, Pa., has begun to receive pieces of the new auto shredder for the site.

  • ATI Ludlum raw materials supervisor dies Jul 30, 2014

    Daniel J. Affrica, senior supervisor of raw materials for ATI Allegheny Ludlum Corp., died July 27 in Pittsburgh. He was 63.

  • AEP Ohio opens appliance recycling facility Jul 30, 2014

    AEP Ohio, a subsidiary of American Electric Power Co. Inc., has opened an appliance recycling center in Groveport, Ohio.

  • Scrap exporter poised to enter W. Coast mart Jul 29, 2014

    A new metal recycling company in Washington state is poised to compete in the ferrous scrap bulk export market, bringing the total number of bulk exporters in the Pacific Northwest to three.

  • Zorba said unlikely to boost twitch prices Jul 29, 2014

    Domestic prices for twitch, a high-quality nonferrous auto shred, are unlikely to rise even if export tags for its zorba feedstock increase next month, market participants said.

  • Lead, zinc scrap prices rise amid LME gains Jul 29, 2014

    A run-up in terminal market prices has pushed up lead and zinc scrap tags, but muted summer market activity has placed a ceiling on scrap prices, market sources told AMM.

  • Siegel family returning to recycling with SC facility Jul 29, 2014

    The co-founders of Carolinas Recycling Group LLC (CRG) have returned to the industry with a metal recycling and processing facility in South Carolina.

  • Blaze, Newell enter merger deal Jul 29, 2014

    Blaze Recycling & Metals LLC and Newell Recycling of Georgia LLC have entered a definitive merger agreement that will create a powerful player in the Southeast.

  • Market split on Turkey scrap price direction Jul 28, 2014

    U.S. bulk ferrous scrap export activity is expected to slow down this week due to religious holidays in Turkey and the Middle East along with tepid demand from Asia.

  • Scrap export prices to India pressured Jul 25, 2014

    Prices for containerized ferrous scrap exported to India are under pressure as poor demand and currency markets sent prices lower over the past few weeks.

  • Pull-A-Part planning to open Pa. retail facility Jul 25, 2014

    Auto parts recycler Pull-A-Part LLC will open a site in West Mifflin, Pa., its first location in the northeastern United States.

  • Downturn squeezes secondary margins Jul 25, 2014

    Secondary aluminum smelters and iron foundries suffered big drops in revenue in 2012, while can manufacturers recorded improved revenue compared with 2007, according to the 2012 Economic Census.

  • Ontario auto recycler fined following worker death Jul 25, 2014

    Plank Road Auto Wreckers Ltd. has been fined Canadian $60,000 ($55,900) by the Ontario Court of Justice following the death of a worker at the recycler’s facility in September 2012.

  • US ferrous scrap export prices to Asia slip Jul 24, 2014

    Bulk and containerized ferrous scrap export prices into most Asian markets fell this week as demand remained weak.

  • Japan alloy rush may boost US zorba Jul 24, 2014

    Domestic and export prices for zorba, a nonferrous auto shred comprised mostly of aluminum, could trek higher in August as Chinese smelters look to fill up inventories to cater to strong alloy demand from Japan, according to some market participants.

  • Fla. recycler claims lender forced bankruptcy Jul 24, 2014

    A Miami metals recycler claims it was wrongly pushed into bankruptcy by its lender.

  • Sims outlines five-year growth strategy Jul 23, 2014

    Sims Metal Management Ltd. will strive for additional underlying growth of Australian $238 million ($223.4 million) over the next five years, with roughly 75 percent of that expected to stem from a business optimization plan.

  • Schnitzer unit files Rico suit vs. Calif. yard Jul 23, 2014

    A Schnitzer Steel Industries Inc. subsidiary is suing a California scrapyard for allegedly intentionally shorting the weight of its deliveries and violating the Racketeer Influenced and Corrupt Organizations (Rico) Act.

  • US ferrous scrap export prices to Turkey inch up Jul 23, 2014

    Prices for U.S. bulk ferrous scrap exports to Turkey inched slightly higher this week as mills continued to book cargoes.

  • Recleim eyes early ’15 SC recycling plant start Jul 23, 2014

    Recleim LLC is expected to open its $40.6-million appliance recycling operation in Graniteville, S.C., by the first quarter of next year.

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