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An Alabama scrapyard employee has been accused of purchasing more than 1,000 stolen catalytic converters from a single seller.
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Elgin Recycling has opened a sixth location, in Arlington Heights, Ill.
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Most secondary aluminum smelter-grade scrap prices fell this week, with sources telling AMM that prices continued to show strong correlation to weakening terminal markets.
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The North American Die Casting Association (Nadca) has filed a letter of complaint with the London Metal Exchange calling for immediate changes to the North American special aluminum alloy contract (Nasaac).
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Pull-A-Part LLC is planning to open its second facility in Kentucky.
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U.S. export prices for containerized ferrous scrap delivered to India dropped over the past four trading days on poor demand and reports of two bulk sales from Australia to different Indian ports.
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The U.S. continued its reign as the world’s largest exporter of ferrous scrap last year despite a drop in volumes shipped overseas.
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In an April 24 article on bills recently introduced by Rep. Rashida H. Tlaib in the Michigan House of Representatives, an unnamed recycler said that scrapyards were comfortable with the proposals. While the unnamed source may have been positive about Tlaib’s work product, that is not the opinion of the Michigan Institute of Scrap Recycling Industries’ Executive Committee.
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Export prices for shredded aluminum scrap, known as zorba, have remained essentially flat since the beginning of April, with shippers increasingly seeking new ways to meet stepped-up restrictions on imports in northern China, sources say.
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The lockout of unionized workers at U.S. Steel Corp.’s Lake Erie Works will put further pressure on the Ontario ferrous scrap market and could have a trickle-down effect on other major scrap regions, according to market participants.
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U.S. bulk ferrous scrap export prices have dropped significantly as exporters accepted lower bids to secure sales this past week.
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Prices for mill-grade aluminum scrap rose April 25 as market participants said that strengthening terminal markets were serving to bolster secondary tags.
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West Coast export prices for containerized ferrous scrap are on a gradual incline due to a renewed uptick in demand from Taiwan.
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An Indiana foundry has launched a new casting aimed at expanding its product mix to cater to the firearms industry.
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A Northeast scrap dealer says he has sold more than 30,000 tons of shredded automotive scrap to two different brokers who also function as exclusive buying agents for two different steel producers, providing one of the first indications of May price direction.
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Fort Worth, Texas-based scrap metal recycler Industrial Scrap Materials Inc. has filed for Chapter 11 bankruptcy protection.
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The Coalition for American Electronics Recycling (CAER) has received a boost in its efforts to reintroduce electronics recycling legislation: Xstrata Copper joined its ranks this past week.
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Tougher federal penalties are needed to really make a difference in the fight against copper theft, those involved in tracking and investigating metals losses said.
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Schnitzer Steel Industries Inc. subsidiary Pick-n-Pull has opened its second location in Calgary, Alberta.
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A Missouri recycler plans to move to a larger site this summer, having outgrown its facility after just one year in business.
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Steve J. Tronson has filed Crow Metal Recycling as an assumed business name in Minnesota.
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TMS International Corp. says its customers are benefiting from improved demand for automotive steel and that a rebound in construction could be on the horizon.
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A struggling ferrous scrap export market and weakness in several finished steel product segments have led many to speculate that the domestic scrap market will be weaker in May.
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Liverman’s Metal Recycling Inc. has quietly sold its auto shredder to Empire Metal Corp. for an undisclosed sum.