Scrap RSS

  • Ferrous scrap prices seen moving sideways Apr 25, 2014

    Midwest ferrous scrap prices will likely trend sideways in May according to early market speculation, with buyers and suppliers divided on whether the bias will swing marginally lower or higher.

  • Indian ferrous scrap prices up in mixed mart Apr 25, 2014

    Indian import prices for containerized shipments of ferrous scrap gained a few dollars this past week as strong demand from specific regions helped offset the absence of any meaningful demand from other regions in the country.

  • India showing renewed interest in US zorba Apr 25, 2014

    Depressed market prices for zorba, a basic nonferrous auto shred, have brought Indian buyers back to the U.S. market after a long hiatus.

  • DJJ’s Tampa deal to lift US presence Apr 25, 2014

    David J. Joseph Co.’s (DJJ’s) acquisition of a bulk scrap export facility in Florida is expected to have minimal impact on the export market to Turkey but could bolster the company’s position in the domestic market, according to industry participants.

  • Container ferrous scrap prices to Asia mixed Apr 25, 2014

    Prices for containerized ferrous scrap exports to Asia were mixed this past week as tags into some critical markets dropped while others held steady.

  • Lead scrap rises, but market seen coming under pressure Apr 25, 2014

    Lead scrap prices rose over the past two weeks following an uptick in terminal markets, although many expect tags to come under pressure as supply improves and demand weakens.

  • Aluminum scrap prices stay flat as availability increases Apr 25, 2014

    Aluminum scrap prices remained mostly steady this past week following the London Metal Exchange April 21 after a four-day closure for the Easter holiday.

  • Singapore scrap trader sues Calif. broker over export deal Apr 25, 2014

    A Singapore-based scrap metal trader is suing Los Angeles Scrap Export Inc. for $1.8 million after it allegedly received only a partial order of inferior U.S.-sourced scrap metal.

  • Copper scrap discounts flat, terminal marts up Apr 24, 2014

    Discounts on all grades of copper scrap remained unchanged this week amid an uptick in terminal markets and an increase in material generated from retail yards.

  • Fire damages Mont. scrapyard Apr 24, 2014

    A fire at Pacific Steel & Recycling’s scrapyard in Missoula, Mont., caused more than $50,000 in damage.

  • Trademark deepens its port presence with OneSteel buy Apr 24, 2014

    Trademark Metals Recycling LLC has purchased the assets of OneSteel Recycling Inc.’s Tampa operations as part of its plan to deepen its footprint in existing markets, the company said April 24.

  • Scrap veteran William F. Sullivan dies at 85 Apr 24, 2014

    William F. Sullivan, chief executive officer of William F. Sullivan Co. Inc., died April 23 at his home in West Springfield, Mass. He was 85.

  • Titanium scrap prices not flowing down: ATI Apr 23, 2014

    Titanium scrap prices have improved recently but the increases have yet to be reflected downstream, according to Allegheny Technologies Inc.’s (ATI’s) top executive.

  • NY town taking legal action against Gershow Apr 23, 2014

    Local officials in Riverhead, N.Y., have voted to take legal action against Gershow Recycling Corp. for allegedly violating its scope of business.

  • Exide issues layoffs at Calif. smelting facility Apr 23, 2014

    Exide Technologies Ltd. will temporarily lay off more than 120 employees at its Vernon, Calif., lead smelting facility after failing to upgrade pollution controls at the facility.

  • Tampa port gives DJJ OK to OneSteel lease Apr 22, 2014

    The Port of Tampa Bay has authorized its president and chief executive officer to execute the port’s consent to a proposed takeover by Trademark Metals Recycling LLC of a lease owned by OneSteel Recycling Inc., subject to review by the port’s chief legal officer.

  • 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.

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