Scrap RSS

  • Recyclers eye M&A, new streams in growth Apr 22, 2014

    Metal recycling companies struggling to find better margins should focus on increasing their recycling streams and consider mergers and acquisitions to drive growth, according to market participants.

  • Aluminum scrap tags flat following LME holiday Apr 22, 2014

    Aluminum scrap prices remained largely unchanged this week as they continued to follow primary aluminum prices on the London Metal Exchange, which was closed April 21 for a four-day Easter holiday.

  • Ill. EPA seeks temporary shutdown of recycler Apr 22, 2014

    A Chicago-area metal recycler is facing a state-ordered shutdown until it can guarantee metal from its shredder will not be launched onto neighboring properties.

  • Recycler relocating to Brooklyn Apr 22, 2014

    G&G Scrap Metal, a Manhattan metal recycler, expects to move to its new location in Brooklyn within a month, now that plans are under way to redevelop its 0.17-acre site, owner Mark Davis told AMM.

  • Stainless scrap prices up on LME’s nickel high Apr 22, 2014

    Stainless steel scrap prices continued to rise this week as London Metal Exchange nickel prices have hit their highest levels in 14 months.

  • Brenner delays scrapyard plan Apr 22, 2014

    The former president of a Virginia scrapyard chain now owned by Gerdau Long Steel North America has postponed his plans to proceed with a new scrap and salvage yard.

  • More stolen goods charges vs. Pa. recycler Apr 21, 2014

    A Pennsylvania metals recycler and its owners have been charged with 62 counts of receiving stolen property, purchasing regulated materials and not obtaining proper documentation of transactions.

  • Texas scrapyard permit denied Apr 21, 2014

    The Harlingen City Commission in south Texas has denied a permit request for a proposed metal recycling facility that had received a recommendation for approval from the planning and zoning commission.

  • Cobra taps Kirk to help improve US footprint Apr 19, 2014

    Cobra Trading LLC has appointed Tom Kirk as Midwest regional manager to help strengthen its geographic reach, the scrap brokerage firm said.

  • Aluminum scrap prices hold steady Apr 18, 2014

    The aluminum scrap market was mostly unchanged this past week as prices continued to follow the steadiness seen in primary aluminum.

  • Market split on India ferrous scrap prices Apr 18, 2014

    Market sentiment is divided on the direction of ferrous scrap prices into India, as mills and traders await the results of national elections that could either spur or freeze economic activity, sources said.

  • Mexico may issue lax emissions plan: RSR Apr 18, 2014

    Lead-acid battery recycler RSR Corp. is concerned about an upcoming proposal on lead emissions standards in Mexico, citing significant gaps in the country’s regulatory framework and dangers to human health and the environment.

  • British recycler sues Aleris in payment dispute Apr 18, 2014

    British aluminum recycler Alutrade Ltd. is suing Aleris International Inc. for allegedly failing to pay for more than 2.3 million pounds of UBCs, according to documents filed April 15 in U.S. District Court in Ohio.

  • Recleim wins loan for SC facility Apr 18, 2014

    Recleim LLC has received $20 million in financing under the New Markets Tax Credit program for its appliance and electronic waste recycling facility in Graniteville, S.C.

  • Asia scrap interest rallies, but prices hold Apr 17, 2014

    Export prices for ferrous scrap shipped into several Asian markets was relatively steady this week as market participants worked to prepare positions for the summer.

  • Upstate Shredding deal falls through Apr 17, 2014

    Jack’s Recycling is back on the selling block after Upstate Shredding LLC-Ben Weitsman & Son Inc.’s bid to buy the Mount Morris, Pa., company fell through.

  • Ore. recyclers form Wash. venture Apr 17, 2014

    Two Oregon metals recycling companies have joined forces to launch a new facility in Washington state.

  • Scrap price trends point to May rise: Rinn Apr 17, 2014

    Scrap prices appear on track for a May increase, a Steel Dynamics Inc. (SDI) executive said during a conference call to discuss the company’s earnings.

  • Increased mill demand fails to lift copper scrap Apr 17, 2014

    Copper scrap prices were mostly flat this past week despite increased demand from brass mills and a backwardation in terminal markets.

  • Correction: Toyota Tsusho to buy major stake in Scholz Apr 17, 2014

    Due to a reporting error, the headquarters of Liberty Iron & Metal Holdings LLC was incorrect in an article posted April 14 about Toyota Tsusho Corp. buying a stake in Scholz AG. Liberty is now based in Phoenix.

  • EMR takeover of Sims site divides market Apr 16, 2014

    A change in operational control of a deep-sea facility shipping ferrous scrap out of New Haven, Conn., has divided market opinion on what it means for the companies involved and the region.

  • US nonferrous scrap exports fall in Feb. Apr 16, 2014

    Weaker demand from major consumers sent U.S. nonferrous scrap exports lower in February.

  • Recycler seeks approval to open facility in south Texas Apr 16, 2014

    A new player in the south Texas scrap market is close to receiving approval to open its first facility on 53 acres with rail access.

  • Aleris confirms it may sell recycling units Apr 15, 2014

    Aleris Corp. confirmed it is evaluating the potential sale of its recycling and specification alloys businesses.

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