Scrap RSS

  • Novelis ‘evercan’ hops into market with Red Hare beer Apr 10, 2014

    Red Hare Brewing Co. plans to package its namesake craft beer exclusively in Novelis Inc.’s "evercan," a high-recycled-content aluminum sheet product for the beverage can market.

  • United Alloys relocating to larger facility Apr 10, 2014

    United Alloys & Metals Inc. is relocating its Los Angeles operations to a larger site, with an eye toward growing its business by 20 percent.

  • Aluminum scrap use seen going strong Apr 09, 2014

    Demand for aluminum scrap and secondary aluminum alloys is expected to remain strong throughout 2014, although major concerns persist about China’s worsening economic outlook, sources said at the Institute of Scrap Recycling Industries’ annual convention in Las Vegas.

  • Steel falling short on US scrap usage: Danjczek Apr 09, 2014

    The U.S. steel industry does "not satisfy" the domestic scrap metal market, former Steel Manufacturers Association president Thomas A. Danjczek said at the Institute for Scrap Recycling Industries’ annual convention in Las Vegas.

  • Calif. arrests 6 in UBC redemption schemes Apr 09, 2014

    Six people have been arrested for allegedly bilking the state of California out of approximately $425,000 through used beverage container (UBC) redemption schemes.

  • Calif. dealer agrees to $500,000 settlement Apr 09, 2014

    Circosta Iron & Metal Co. has reached a settlement with the district attorney in San Francisco that will see the scrap recycler pay $500,000 in civil penalties to resolve an alleged violation of California’s anti-metal theft laws.

  • Police raid finds 44 stolen vehicles at yard Apr 09, 2014

    A part-owner of an auto recycler has been arrested after 44 allegedly stolen vehicles were found in a police raid on his Chicago facility.

  • Federal metal theft bill may return: ISRI Apr 09, 2014

    A U.S. senator may be seeking to reintroduce proposed legislation intended to reduce metal theft by attaching it as an amendment to a manufacturing bill that is active in the Senate.

  • Outgoing ISRI chair Simms reflects on group’s progress Apr 09, 2014

    Jerry Simms, outgoing chairman of the Institute of Scrap Recycling Industries, opened the general session of the group’s annual convention and exposition April 8 by touting the accomplishments of his administration over the past two years.

  • Keywell Metals financing closed Apr 09, 2014

    PNC Bank NA has closed on $25 million in senior secured financing for titanium, stainless steel and high-temperature alloys recycler Keywell Metals LLC, the bank said.

  • Novelis aims for prime position with secondary Apr 08, 2014

    As Novelis Inc. continues to invest heavily in scrap utilization programs and technology in North America, South America, South Korea and Germany, the company is aiming to capture additional market share from manufacturers of prime-based aluminum alloys.

  • Tenn. gives slag solid waste exemption Apr 08, 2014

    Tennessee’s governor has signed off on an exemption for steel slag that prevents it from being regulated as solid waste.

  • Ontario auto recycler owner jailed Apr 08, 2014

    The owner of a Hamilton, Ontario, auto recycling operation will spend nearly three weeks in jail for allegedly violating fire codes.

  • Mills troubled by scrap supply issues, quality Apr 08, 2014

    Logistical issues related to the availability of rail cars and trucks for scrap shipments have combined with an overall decline in scrap flows into dealer yards to create grave supply-side concerns for steel mills.

  • Harsco’s Grasberger promoted Apr 08, 2014

    Harsco Corp. has named F. Nicholas Grasberger as president and chief operating officer, with a plan to transition to chief executive officer by mid-2014.

  • Aleris paying $180,000 to settle allegations Apr 08, 2014

    Aleris International Inc. has agreed to pay the state of Michigan $180,000 to settle alleged air pollution violations at its Coldwater, Mich., facility, according to state environmental regulators.

  • Huntington Aluminum seeks OK to build melting furnace Apr 07, 2014

    Huntington Aluminum Inc. is seeking permission to build and operate a new rotary batch reverberatory aluminum melting furnace.

  • Scrap market hurt by oversaturation Apr 07, 2014

    Scrap industry margins are being hurt by a saturation of scrap companies and shredders across most urban areas of the country, and are becoming one of the biggest concerns in the market.

  • Ferrous scrap export prices continue to climb Apr 07, 2014

    U.S. ferrous scrap export prices continued to rise this past week, with limited buying at stronger price levels.

  • Midwest scrap markets follow Detroit up $10/T Apr 04, 2014

    Midwest ferrous scrap markets appear to have followed in Detroit’s footsteps to settle well below previously anticipated increases.

  • Contract worker dies in accident at USS plant Apr 04, 2014

    A contractor’s employee was fatally injured at U.S. Steel Corp.’s Great Lakes Works while operating a crane early April 4, a company spokeswoman told AMM via e-mail.

  • Smelters’ aluminum scrap prices steady Apr 04, 2014

    Prices for aluminum smelters’ scrap were mostly steady April 3, with market participants noting that an increase in the domestic supply of nonferrous auto shreds twitch and zorba had prevented tags from moving in step with primary aluminum increases on the London Metal Exchange.

  • Waxman in prison after losing court appeal Apr 04, 2014

    Former scrap metal executive Robert Karey Waxman is now in prison after justices of the Court of Appeal for Ontario rejected his appeal.

  • Schnitzer Steel in the black in quarter Apr 03, 2014

    Schnitzer Steel Industries Inc.’s net income plummeted 79.3 percent in its fiscal second quarter vs. the same period a year earlier, but rebounded strongly from a loss in the preceding three-month period with increases in the average selling price and sales volumes for its ferrous scrap.

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