Scrap

  • Ferrous scrap pricing sentiment loses steam Sep 03, 2014

    Market sentiment on monthly ferrous scrap prices appears to have lost some momentum as several steel mills have opted to fight dealers pushing for price hikes.

  • Stainless scrap prices tread water amid lower demand Sep 03, 2014

    Stainless steel scrap prices were largely flat this week, with market participants continuing to see an ample supply of available material due to weakening consumer demand.

  • Chinese scrap diversification said key Sep 03, 2014

    An oversupplied Chinese ferrous scrap market will force suppliers to seek other markets and diversification, which is necessary for the industry to improve its competitiveness, according to a senior executive at Fengli Group Co. Ltd.

  • US bulk ferrous scrap export prices pressured Sep 02, 2014

    West Coast bulk ferrous scrap export prices have eased marginally as the market enters uncertain territory amid strong scrap inventory positions by South Korean steel mills.

  • Recycler building auto shredder residue plant Sep 02, 2014

    Andersen’s Sales & Salvage Inc. is constructing a new automotive shredder residue (ASR) nonferrous metals processing plant in Colorado that will utilize a new separation technology patented by the company.

  • SMS acquires Indiana auto shredder Sep 02, 2014

    Scrap Metal Services LLC (SMS) has purchased the auto shredding operation of 360 Degree Metal Recycling Inc. in New Carlisle, Ind., marking its third Midwest acquisition this year.

  • ERI sues Calbag for breach of contract Aug 29, 2014

    Electronic Recyclers International Inc. (ERI) is suing Calbag Metals Co. for alleged breach of contract and fraud in relation to a dispute over the value of scrap bought and resold between the two companies last year.

  • Kansas attorney presses for scrap metal bill Aug 29, 2014

    The Sedgwick County district attorney in Kansas is undaunted by failed metal theft legislation and is working to promote the reintroduction of an amended version in the next legislative session.

  • South Carolina county's scrap rule said illegal Aug 29, 2014

    Jasper County, S.C., has proposed a new scrap metals theft ordinance that one industry association is claiming is illegal.

  • Ind. recycler looking to expand Aug 29, 2014

    An Indiana auto salvage yard is nearing approval to expand its current 5.8-acre operation.

  • Scrap recycler eyes Va. facility Aug 29, 2014

    A scrap metals industry veteran is making plans to open a facility in Danville, Va.

  • Michigan recycler seeks permit Aug 29, 2014

    DWD Metal N’ Recycle Inc. is seeking a special use permit for its metals recycling facility in Bear Creek Township, Mich.

  • Copper scrap supply rises in August Aug 28, 2014

    Domestic copper scrap supply has improved in August as major generators of scrap, including original equipment manufacturers, are seeing a pickup in end-market demand, according to market participants.

  • Vt. recycler’s permit upheld by court Aug 28, 2014

    The Vermont Supreme Court has upheld a lower court’s ruling that a metals recycler was properly issued a permit, but the company is still planning to relocate.

  • Labor Day holiday notice Aug 28, 2014

    AMM’s offices will be closed Monday, Sept. 1, in observance of Labor Day, and there will be no issue dated Tuesday, Sept. 2.

  • Pedestrian killed at La. scrapyard Aug 27, 2014

    A pedestrian was killed in an accident at a Louisiana Scrap Metal Recycling facility in Lafayette, La.

  • Bank seeks dismissal of recycler Ch. 11 Aug 27, 2014

    JPMorgan Chase Bank NA is seeking the dismissal of an Illinois metal recycler’s Chapter 11 bankruptcy protection filing, alleging that it spent funds without permission and is attempting to avoid its responsibilities to creditors.

  • Sims taps Knechtel to fill finance chief post Aug 27, 2014

    Sims Metal Management Ltd. has named Fred Knechtel group chief financial officer.

  • Florida bulk export market to see new player Aug 26, 2014

    Competition for bulk ferrous scrap exports out of Florida is set to intensify next month as one more company readies for launch.

  • CMC drops suit vs. former recycling employee Aug 26, 2014

    Commercial Metals Co. (CMC) has withdrawn a trade secrets lawsuit against a former recycling employee.

  • Stainless scrap prices fall a 4th week in row Aug 26, 2014

    Stainless steel scrap prices slid further this week despite sideways nickel tags, with industry sources noting an ample supply of material caused by a weakening in consumer demand.

  • Totall Metal Recycling shuts plant after blast Aug 26, 2014

    Totall Metal Recycling’s Granite City, Ill., plant will be closed Aug. 26 while law enforcement continues an investigation into an explosion that killed two employees and injured another, a company spokeswoman said.

  • Demand spike boosts US bulk export prices Aug 25, 2014

    U.S. prices for bulk ferrous scrap exports to Asia and the Middle East firmed this past week as demand returned to the East and West Coasts amid improving sentiment in the domestic market.

  • Explosion kills two at Totall Metal Recycling Aug 25, 2014

    An explosion at Totall Metal Recycling Inc.’s Granite City, Ill., recycling plant killed two people and injured at least one other, according to a Reuters report.

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