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Prices for mill-grade aluminum scrap fell April 22 due to a decline in tags on the London Metal Exchange.
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Dale’s Recycling is working to expand its scrapyard in McKenzie, Tenn.
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The owner of Missouri recycler Complete Auto Recycling Services Inc. has been arrested and faces charges of knowingly receiving stolen property.
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LaRose Scrap & Salvage Inc. is suing BP Exploration & Production Inc. for failing to compensate the company for a financial setback it suffered as a result of the 2010 drill rig explosion and oil spill that polluted the Gulf Coast.
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China’s iron ore imports rose in March but coking coal and ferrous scrap imports dropped, according to Chinese customs data released April 22.
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The price premium that British shredded scrap has long enjoyed over U.S. material is eroding due to Indian steel mills’ sporadic demand for shred, some market participants said.
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Commercial Metals Co. (CMC) has sent scrap suppliers servicing its mill in Seguin, Texas, a letter reinforcing specifications for machine shop turnings after issues emerged with contaminated supply.
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The chief operating officer and part owner of Marion, Ohio-based recycler Sims Bros. Inc. has been accused of not paying nearly $900,000 in taxes on about $2.2 million in unreported income over a five-year period.
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Italian steel and engineering firm Danieli & C. Officine Meccaniche SpA has acquired Riverside Products Inc. from Sivyer Steel Corp.
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Asset Metal Recovery LLC wants to open a scrap processing plant in Italy, Texas, where it is based.
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Domestic copper consumers that can use high-grade scrap are "scrambling" to find out about its availability in the wake of an outage at Kennecott Utah Copper’s Bingham Canyon Mine.
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Torrential rains in and around Chicago caused highway closures and headaches for some area metals companies toward the end of this week, although most reported minimal lasting impact.
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A decline in the price of the London Metal Exchange’s cash North American special aluminum alloy contract (Nasaac) has prompted some domestic alloy producers and die casters to once again re-evaluate the legitimacy of the contract, sources said.
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While the steel market is clouded by uncertainty, positive indicators in construction and continued strength in automotive point to brighter prospects for the future, the top executive at Steel Dynamics Inc. (SDI) said.
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Two Turkish steel mills bought three bulk scrap cargoes from Europe and Russia this week, turning the spotlight on the United States as the market awaits the next price level for U.S. scrap.
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OmniSource Corp.’s top executives are keeping the expected direction of May ferrous scrap prices close to the vest.
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U.S. exports of nonferrous scrap showed mixed results in February.
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Steel Dynamics Inc. posted first-quarter net income of more than $48.2 million, up 5.6 percent from nearly $45.7 million in the same period last year but down 20.4 percent from $60.6 million in the final three months of 2012.
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Mississippi Gov. Phil Bryant has signed into law two scrap recycling bills, one that gives tax breaks to recyclers in the state and another that requires them to be certified in order to recycle electronics. Both laws take effect July 1.
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U.S. exports of containerized ferrous scrap to India have failed to gain momentum despite an encouraging currency level as demand from Indian steel mills remains uncertain.
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The cost of shipping scrap metal to Gerdau Long Steel North America’s mill in Sayreville, N.J., is likely to climb after the mill announced it would not allow trucks to exceed state-imposed weight limits.
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Scott Greenberg has been named director of Pan Atlantic Metals, the North American arm of Hong Kong-based Pan American Metals Ltd.
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Exide Technologies Inc., a major manufacturer and supplier of lead-acid batteries, is facing a class-action lawsuit in connection with alleged arsenic emissions at its Vernon, Calif., recycling facility.
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A pair of scrap industry veterans are planning to start up a new metal recycling facility in Dallas.