Scrap RSS

  • BlueOak seeks permits to build Ark. facility Apr 01, 2014

    Steel industry veteran John D. Correnti’s plan to establish an electronic circuit board recycling facility in Osceola, Ark., is moving forward, with two permits in progress.

  • Ala. recycler to pay $1.27M in federal lawsuit Apr 01, 2014

    An Alabama metals recycler has agreed to pay $1.27 million to settle civil and criminal cases for allegedly structuring 16 bank account withdrawals in order to avoid federal reporting requirements.

  • SMS taps Goodwin executive vp of marketing Apr 01, 2014

    Scrap Metal Services LLC (SMS) has hired veteran Midwest mill buyer Todd Goodwin as executive vice president of marketing.

  • Mass. recycler convicted of failing to report toxic waste Mar 31, 2014

    A metal recycler has been convicted of failing to report the presence of contaminants at a Massachusetts scrapyard that were uncovered by a potential buyer.

  • Turkish election results seen as boon for scrap Mar 31, 2014

    Ferrous scrap trading in Turkey is expected to get a boost following the results of bitterly fought elections that brought a temporary halt to protest activity.

  • Crimea ferrous scrap exporters see delays Mar 31, 2014

    While Russia’s annexation of Crimea from Ukraine nearly two weeks ago has done little to impact the flow of scrap and pig iron from Crimean ports, exporters are struggling with bureaucratic issues.

  • Secondary alloys firm despite fall in twitch prices Mar 28, 2014

    Secondary aluminum alloys were mostly stable March 27 as sources said the market held strong despite notable drops in some aluminum scrap grades, including twitch, a nonferrous auto shred and a key component in alloy output.

  • Ferrous scrap export prices to India strengthen Mar 28, 2014

    Prices for containerized ferrous scrap exports to India have strengthened over the past five days as a weaker dollar gave buyers more room to raise prices.

  • Iowa town’s road project is a windfall for local recycler Mar 28, 2014

    An Iowa town’s decision to redevelop its central corridor is providing a windfall for a local recycler, who will move to a much larger property less than a mile away.

  • Copper scrap market sluggish Mar 27, 2014

    Copper scrap supply remained low as sellers continued to react to a sudden drop in Comex copper prices earlier in March.

  • Scrap dealers worried Aleris may alter buying Mar 27, 2014

    Aluminum scrap dealers are increasingly concerned about the possibility that Aleris International Inc. may enact sweeping changes to the scrap purchasing programs at its newly acquired company, Nichols Aluminum LLC.

  • Scrap steering for period of stability: Alvarado Mar 27, 2014

    The scrap metal market is heading toward a quiet period due to an absence of near-term volatility, Commercial Metals Co.’s (CMC’s) top executive said.

  • Shipper suing scrap broker for alleged breach of contract Mar 27, 2014

    A Puerto Rico barge shipper is suing a metal brokerage company and its owners for allegedly failing to pay $157,000 for transporting scrap metal.

  • Containerized scrap prices to Taiwan rise Mar 26, 2014

    Doubts about where containerized ferrous scrap export prices to Taiwan were headed have been put to bed this week after exporters successfully negotiated increases.

  • Lead scrap prices steady, zinc drops Mar 26, 2014

    Prices for lead scrap were steady March 25 as sources said no clear direction had developed for the market.

  • Zorba prices drop on weak China demand Mar 26, 2014

    U.S. export prices for nonferrous auto shred, or zorba, have continued to spiral downward, with market participants saying that recent economic issues in China have prompted buyers to postpone shipments and reduce price quotes.

  • California recycler accused of dumping toxic materials Mar 26, 2014

    Los Angeles has filed 15 criminal charges against a Sun Valley metal recycler for allegedly dumping toxic waste illegally.

  • China rebate plan could hike US prices Mar 25, 2014

    U.S. copper scrap consumers could face higher prices if a proposed rebate on value-added tax for China’s scrap recyclers is approved.

  • ISRI hopes Pa. lawmakers pass scrap bill unchanged Mar 25, 2014

    The Institute of Scrap Recycling Industries is hopeful that a scrap metal bill before the Pennsylvania House of Representatives will pass without amendments that hurt the scrap industry.

  • Smelters’ aluminum scrap prices ease Mar 25, 2014

    Prices for most grades of secondary smelters’ aluminum scrap slipped March 24 as sources said that a slightly improved flow of material had encouraged buyers to test the lower end of the market.

  • Stainless steel scrap logs further gains Mar 25, 2014

    Stainless steel scrap prices have continued to log gains, although industry sources warned of a potentially “overheated” market operating at levels above what consumers are willing to pay for material.

  • Recyclers upbeat Okla. Senate will OK law Mar 25, 2014

    Oklahoma metal recyclers are optimistic that scrap theft legislation that they helped revise will pass the state Senate during the current session.

  • Former Keywell executive Arnold Plant dies Mar 24, 2014

    Scrap industry veteran Arnold I. Plant died March 23 at the age of 82.

  • Bulk export prices mixed on demand shift Mar 24, 2014

    Bulk ferrous scrap export activity is expected to trend in opposite directions on the East and West coasts in the coming days as market participants anticipate Turkey will be relatively quiet while interest from South Korea and India is expected to pick up.

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