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Free-market mill-grade aluminum scrap prices have fallen in step with the London Metal Exchange, even as some secondary alloy sellers have reported a slight increase in sales volumes.
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Harry Kletter will step down as Industrial Services of America Inc.’s (ISA’s) chief executive officer in May, a role he had intended to exit last summer.
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European metals trade and recycling federation Eurometrec opposes a proposal put forward by the European Commission to classify copper scrap as waste if the volume of foreign materials contained in it exceeds 2 percent of scrap weight.
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Publicly held metals recyclers must focus on their business first and foremost and not on pleasing shareholders, I. Michael Coslov, retired chairman and chief executive officer of Tube City IMS LLC and TMS International Corp., said.
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Brass ingot makers’ light copper scrap and No. 2 copper scrap prices have declined over the past week on poor demand.
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Japanese scrap prices have jumped for a third consecutive month in the latest export auction on the back of rebounding demand, although some question whether the gains can be sustained.
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Free-market prices for scrap lead batteries rose a penny despite four consecutive days of declines on the London Metal Exchange.
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Franklin Global Resources has filed a lawsuit over a stalled rail scrap deal with two South Korean steel companies.
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Momentum Metals & Recycling is planning to open its third facility in Texas.
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The U.S. Department of Justice has proposed a settlement with a now-defunct metals company in a case involving a hazardous lead scrap site in Ohio.
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Chinese steel mills and traders are reluctant to book overseas scrap cargoes as prices have jumped.
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The United States and China will continue to be the driving forces of the global scrap industry, according to one scrap industry executive.
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Most metals notched monthly producer price index (PPI) increases in December, regaining ground lost the previous month, but year-on-year comparisons were mixed, according to Bureau of Labor Statistics data.
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A new bill that sponsors say could raise Maryland’s recovery rates for used beverage containers (UBCs) to 75 percent will be introduced in the state’s General Assembly later this month.
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David J. Joseph Co. (DJJ) has been named the primary scrap buying agent for specialty flat-rolled aluminum producer JW Aluminum Co.’s Mount Holly, S.C., facility.
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Nonferrous scrap exports lost some ground in November as shipments of most major metals fell.
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California recycler Alco Iron & Metal Co. has cleared an environmental hurdle that brings it closer to landing approval for a new feeder yard it is looking to open in San Jose.
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Free-market mill-grade aluminum scrap prices fell a penny Jan. 14 as aluminum prices on the London Metal Exchange dropped and buyers sat out of the market.
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U.S. ferrous scrap exports fell for a third consecutive month in November as South Korea continued to retreat from the market.
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U.S. West Coast bulk export prices jumped more than $11 per tonne in the past week as demand from East Asia continued to drive prices in the region.
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Steel raw materials distributor Ferrosource Inc. has named three new managers for its U.S. operations.
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TMS International Corp. has appointed Hideyuki Nishizawa executive vice president for international trade.
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The U.S. Environmental Protection Agency is seeking comment on a draft review of the national ambient air quality standards for primary and secondary lead, although no revisions are being proposed at this time.
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Scrap Metal Services LLC (SMS) has hired Kerry Davidson as vice president of human resources and in-house counsel.