Scrap

  • Sims appoints former RIRM manager Apr 30, 2014

    The former manager of one of the original plaintiffs involved in a Racketeer Influenced and Corrupt Organizations (Rico) Act lawsuit against Sims Metal Management Ltd.’s New England division is now working for the company.

  • Pa. metals recycler is seeking to expand Apr 30, 2014

    A central Pennsylvania metals recycler is planning a large expansion now that it has outgrown its existing location.

  • Wisconsin scrap exec Peter Wallach dies Apr 30, 2014

    Peter Ben Wallach, president of Wausau Scrap & Recycling Corp., died April 25 at his home in Madison, Wis. He was 75.

  • Higher stainless steel scrap prices may not last Apr 29, 2014

    Rising London Metal Exchange nickel prices pushed stainless steel scrap prices higher this week, but the market has shown signs of cooling off, with sources telling AMM that major processors are fighting compressed margins by importing European material in a bid to drive down their buying prices.

  • Mill-grade aluminum scrap prices follow LME Apr 29, 2014

    Mill-grade aluminum scrap prices fell this week in step with a decline in primary aluminum pricing on the London Metal Exchange.

  • Interstate Shredding upgrade trims metal yield loss Apr 29, 2014

    Interstate Shredding LLC has completed the upgrade of its nonferrous separation system as part of a strategy to increase the recovery of metals from its auto shredder residue.

  • NY auto shredder accused of not paying for material Apr 29, 2014

    A Syracuse, N.Y., metal recycler that recently shut its doors after more than a century in business allegedly owes local agencies for material it accepted shortly before it closed.

  • American Recycling sells two NJ scrap operations Apr 28, 2014

    American Recycling LLC has sold its two New Jersey scrap metal facilities.

  • Owner of Md. recycler accused Apr 28, 2014

    The owner of a Charlotte Hall, Md., metal recycler has been accused of buying stolen equipment and using it at his recycling operation.

  • Recyclers at center of Oregon auto theft probe Apr 28, 2014

    A Portland, Ore., city employee has been arrested in connection with an active multicounty auto theft probe involving two metal recyclers.

  • 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.

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