Scrap RSS

  • Europe’s lead premiums up despite strong competition Jan 30, 2014

    European primary lead producers have secured a $10- to $20-per-tonne increase in contractual premiums for this year despite competition from recyclers producing high-quality secondary feed.

  • Canada recycler expands to Fla. Jan 30, 2014

    A Canadian recycler of catalytic converters will open its first U.S. facility in Delray Beach, Fla.

  • Pa. auto recycler to open scrapyard Jan 30, 2014

    An auto salvage company in Easton, Pa., has won approval to convert into a full-scale metals recycling operation.

  • Metals mixed on State of the Union address Jan 29, 2014

    Expectations among the nation’s metals and manufacturing sectors that President Obama, in his fifth State of the Union address, would announce and set in motion a game plan targeting their shared objectives in the international trade, energy, tax, infrastructure and environmental arenas were modest at best. And they were met.

  • Calif. recycling company files for Ch. 11 Jan 29, 2014

    A Redwood City, Calif., recycling company has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in California.

  • ISRI issues guide to state recycling laws Jan 29, 2014

    The Institute of Scrap Recycling Industries (ISRI) has established an online compilation of all state laws related to metals theft to help scrap recyclers understand compliance obligations.

  • Power ills drive SDI, OmniSource curbs Jan 29, 2014

    Steel Dynamics Inc.’s (SDI’s) steelmaking and metals recycling operations have taken downtime throughout January at the request of its energy provider, which is having trouble keeping up with Mother Nature this winter.

  • Recycler credits ID requirement with nabbing metal thieves Jan 29, 2014

    A Brighton, Ontario, recycler is crediting initiatives to tackle scrap meal theft with leading to the arrest of three men accused of stealing some of the company’s inventory.

  • Aluminum scrap prices firm Jan 28, 2014

    Following a week of intense price volatility, the aluminum scrap market calmed as limited movement on terminal markets coupled with relatively steady Midwest aluminum premiums helped quell price fluctuations, according to market participants.

  • Scrap on downswing for 1st qtr.: Rinn Jan 28, 2014

    A lack of export customers and ample supply are trumping the weather, and will bring lower scrap prices in February, according to OmniSource Corp. president and chief operating officer Russell Rinn.

  • Spectro Alloys output hit by pipeline explosion Jan 28, 2014

    A TransCanada Corp. natural gas pipeline explosion near Otterburne, Manitoba, roughly 35 miles south of Winnipeg, has led to a production curtailment at Midwest secondary aluminum producer Spectro Alloys Corp.

  • Stainless steel scrap prices drop Jan 28, 2014

    Stainless steel scrap prices have dropped this week, mirroring falling London Metal Exchange nickel contracts and a cooling scrap buying market that had got ahead of the consumer market in recent weeks, market participants told AMM.

  • Philly scrap prices seen falling in February Jan 27, 2014

    Ferrous scrap market participants in Philadelphia see prices weakening in February as a slowdown in exports has led to ample supply in the region.

  • Rail, trucking woes curb scrap shipments Jan 27, 2014

    Rail and truck issues are disrupting shipments of scrap metals and frustrating recyclers.

  • Twitch prices soar on supply crimp, weather Jan 27, 2014

    U.S. prices for high-grade twitch, or floated fragmentizer aluminum scrap, have spiked over the past two weeks.

  • Cold weather, exports cloud Feb. scrap market Jan 24, 2014

    Weather conditions and export demand over the next two weeks will dictate the direction of Midwest ferrous scrap prices in February, but neither has prevented a bearish sentiment from sneaking into market speculation.

  • Secondary aluminum alloy prices rise Jan 24, 2014

    Prices for secondary aluminum alloys increased in the latter part of the week, with buyers and sellers citing recent spikes in U.S. Midwest aluminum premiums and higher raw material costs.

  • Traders to launch scrap networking initiative Jan 24, 2014

    Two scrap industry traders have come together to launch an industry networking platform based on new media solutions.

  • Zorba export prices flat despite twitch spikes Jan 24, 2014

    Weak international demand for zorba, a nonferrous auto shred, has prevented possible price increases for the grade, despite recent spikes in the domestic price of twitch, a high-grade nonferrous auto shred.

  • Tokyo Steel cuts scrap buying prices again Jan 24, 2014

    Tokyo Steel Manufacturing Co. Ltd. has reduced its scrap buying prices by another ¥500 ($5) per tonne effective Jan. 24.

  • ISRI forms advisory council to battle metals theft Jan 24, 2014

    The Institute of Scrap Recycling Industries (ISRI) has created a Law Enforcement Advisory Council to help with the development of a "comprehensive program" to address metals theft.

  • Mass. recycler appeals cease-and-desist order Jan 24, 2014

    A Woburn, Mass., company is appealing an order from the city to curtail its metal recycling activities.

  • Harsco inks contracts with Chinese mills worth $200M Jan 24, 2014

    Harsco Corp. has signed a pair of contracts worth nearly $200 million to provide on-site services for two Chinese steelmakers, the company said Jan. 23 in an e-mailed statement.

  • Miami recycler seeks to liquidate Jan 24, 2014

    A Miami metals recycler has filed for Chapter 7 bankruptcy liquidation in U.S. Bankruptcy Court in Florida.

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