Scrap RSS

  • D.H. Griffin denied permit for Va. scrapyard Jan 14, 2014

    D.H. Griffin Wrecking Co.’s plan to widen its footprint in Virginia has hit a roadblock, with its application for a permit to open a facility in Roanoke denied by local officials.

  • 2013 a mixed bag for Brazilian export markets Jan 14, 2014

    Brazil saw diverging export trends in 2013, with outbound deliveries of ferrous scrap and iron ore rising while those of pig iron, steel slabs and billet declined.

  • Turkey drives decline in US ferrous exports Jan 13, 2014

    U.S. ferrous scrap exports continued to disappoint in November with a third consecutive monthly drop, as lower shipments to Turkey overshadowed increases to South Korea, Taiwan and China.

  • Bulk scrap export prices mixed on weak demand Jan 13, 2014

    U.S. bulk ferrous scrap export prices were mixed this week, with exporters reporting soft demand from most countries.

  • ISA quits stainless blends as losses mount Jan 13, 2014

    Industrial Services of America Inc. (ISA) has decided to quit making specialized blends as part of its effort to regain profitability.

  • PSC Metals ends worker lockout Jan 13, 2014

    The lockout at two PSC Metals Inc. units in Wooster, Ohio, has ended after workers and management reached a deal on a new contract Jan. 10.

  • Tokyo Steel cuts scrap prices for second time in four days Jan 13, 2014

    Tokyo Steel Manufacturing Co. Ltd. reduced its scrap buying prices again at the weekend, just four days after it made a similar across-the-board decrease.

  • Shredded leads the way as Midwest settles Jan 10, 2014

    Shredded scrap has emerged as January’s strongest scrap grade in the Midwest, followed closely by heavy melt and plate and structural scrap, as supply concerns offered obsolete grades more support than industrial scrap.

  • Aluminum scrap up on premium spike Jan 10, 2014

    Prices for most grades of secondary aluminum smelters’ scrap were up Jan. 9 as buyers and sellers continued to weigh the impact of a recent spike in U.S. Midwest aluminum premiums, which have surged to a more than 10-year high since the start of the year.

  • Exide smelting plant exceeds lead levels again Jan 10, 2014

    Troubled battery maker Exide Technologies Ltd. has once again exceeded the ambient air lead concentration of 0.15 micrograms per cubic meter averaged over a 30-day period at its Vernon, Calif., lead smelting facility, according to a report issued by the SCAQMD.

  • Detroit scrap market sets Midwest tempo Jan 09, 2014

    Steel mills in the Detroit area were the first in the Midwest to complete their ferrous scrap purchasing programs for January despite the relatively late entry this week.

  • Aluminum wheel prices accelerate Jan 09, 2014

    Scrap aluminum wheel prices rose significantly in the first week of January as buyers and sellers continued to react to a sudden jump in the spot U.S. Midwest aluminum premium.

  • ZincOx eyes turnaround on zinc prices Jan 09, 2014

    Steel dust recycler ZincOx Resources Plc is hoping that efforts to resolve production issues, combined with a rally in zinc prices, will make 2014 a turnaround year for the company.

  • W. Coast plate prices up, foreign offers eyed Jan 09, 2014

    Domestic commodity plate prices are rising on the West Coast as buyers await the latest offers from the region’s leading offshore sources.

  • Exide lowers arsenic levels at lead smelter Jan 08, 2014

    Troubled battery maker Exide Technologies Ltd. said it has successfully lowered arsenic emissions at its Vernon, Calif., lead smelting facility.

  • Ferrous scrap prices rise as Detroit enters mart Jan 08, 2014

    Ferrous scrap trading kicked off in earnest in the Midwest as mills in the Detroit area finally entered the market Jan. 8 with bids up between $10 and $20 per gross ton from December, depending on scrap grade and mill needs.

  • Weaker prices, demand land Schnitzer in red Jan 08, 2014

    Schnitzer Steel Industries Inc. expects improving sales prices and export volumes within its metals recycling division to contribute to positive results in the 2014 fiscal year following a fiscal first-quarter net loss.

  • MetalX planning nonferrous facility in Ind. Jan 08, 2014

    Scrap metals recycler MetalX LLC will spend $12.4 million to purchase, renovate and equip a 240,000-square-foot recycling facility in Auburn, Ind.

  • China sparks rise in zorba export prices Jan 08, 2014

    U.S. export prices for zorba, a nonferrous auto shred, have risen slightly as buyers in China show increased interest ahead of the Chinese New Year holiday, exporters said.

  • Allied acquires Nico Alloys, securing W. Coast presence Jan 07, 2014

    Scrap metal processor Allied Alloys LP has acquired recycler Nico Alloys Inc.

  • Cold front continues to belt Midwest metal ops Jan 07, 2014

    The blast of Arctic air that brought the coldest temperatures in more than two decades to the Midwest has caused numerous operational shutdowns and delayed shipments.

  • Midwest ferrous scrap trading set to launch Jan 07, 2014

    Ferrous scrap trading in the Midwest is poised to kick off Jan. 8 following unprecedented cold weather and holidays that kept people out of the market.

  • Downstream upgrades to continue: CMC Jan 07, 2014

    Commercial Metals Co. (CMC) will continue its quest to recoup higher yields of nonferrous scrap metal and improve margins by upgrading the downstream systems at its auto shredding facilities, the company said.

  • Rise in aluminum scrap demand buoys prices Jan 07, 2014

    Prices for most grades of secondary aluminum smelters’ scrap moved higher Jan. 6 as an increase in post-holiday demand coupled with a slight decrease in supply helped buoy the market, participants told AMM.

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