Scrap RSS

  • Rail metal theft bill awaits Pa. governor’s OK Jun 20, 2014

    A Pennsylvania law intended to prevent the sale of stolen railroad metal has passed both houses of the state legislature and is awaiting the signature of Gov. Tom Corbett.

  • Scrap won’t play major role in China until ’25: Vale exec Jun 20, 2014

    Vale SA does not see scrap playing a major role in China’s steelmaking industry until 2025, according to its top expert on ferrous markets.

  • PSC Metals to upgrade its shredder in Tenn. Jun 20, 2014

    PSC Metals Inc. plans to upgrade one of its nine auto shredders to capture more metallics.

  • Ferrous scrap ripe for consolidation: Abrams Jun 19, 2014

    The ferrous scrap industry, plagued by structural problems and pricing volatility, could be ripe for consolidation, according to one industry executive.

  • Tenenbaum Recycling buys yards in Ark., Mo. Jun 19, 2014

    Tenenbaum Recycling Group LLC (TRG) has enlarged its Arkansas footprint and expanded into Missouri with the purchase of two scrapyards.

  • Ferrous scrap export tags to Taiwan climb Jun 19, 2014

    A short-term ferrous scrap shortage borne by an recent uptick in orders for reinforcing bar resulted in higher scrap export prices into Taiwan this week, market participants said.

  • AIM Cleveland promotes Hammonds Jun 19, 2014

    American Iron & Metal Cleveland LLC has appointed Kevin Hammonds general manager.

  • Two admit tax evasion in cash-for-scrap scheme Jun 19, 2014

    Two men are facing prison time and fines after pleading guilty to tax evasion charges for failing to report income from scrap metal sales on their tax returns between 2004 and 2008.

  • USA Metal Recycling sued over bill dispute Jun 19, 2014

    An equipment service provider is suing a metal recycler for allegedly not paying for repairs to an auto shredder.

  • MetalX, ISA may build ties, Rifkin says Jun 18, 2014

    MetalX LLC and Industrial Services of America Inc. (ISA) could potentially develop commercial relationships, MetalX president and chief executive officer Daniel M. Rifkin told AMM in the wake of his recent investment in ISA.

  • SA Recycling buys Texas shredder, Arizona yards Jun 18, 2014

    SA Recycling LLC has expanded its footprint with the acquisition of a Texas shredder and four scrapyards in Arizona.

  • Steel scrap prices could plummet: WSD Jun 17, 2014

    Global steel scrap prices could "plummet" in the coming months due to sluggish export demand and pressure from lower-priced iron ore and coke, according to two World Steel Dynamics Inc. (WSD) analysts.

  • Stainless scrap pricing trends lower Jun 17, 2014

    Stainless scrap prices continued to slip this week, with scrap industry participants noting a settled market with less "froth and frenzy."

  • Scrap dealer gets probation for lying in probe Jun 17, 2014

    A Pittsburgh scrap dealer who admitted wrongdoing in a $1-million nickel theft case has been placed on probation for one year and ordered to pay $148,297 in restitution.

  • Ill. recycler to offer one property for sale Jun 17, 2014

    Chicago-area recycler Cozzi O’Brien Recycling LLC will put one of its properties up for sale next week.

  • SDI sees good times rolling in 2d qtr. Jun 17, 2014

    Steel Dynamics Inc. (SDI) expects improved demand to fuel a jump in second-quarter earnings despite an increase in imports.

  • ERI taps chief operating officer Jun 17, 2014

    Electronic Recyclers International Inc. (ERI) has named aluminum industry veteran Kelly Thomas as its chief operating officer.

  • Analyze this: fighting low-quality scrap Jun 16, 2014

    Daniel Pflaum, president of Dayton, Ky.-based Gamma-Tech, continues to lament the industry’s use of visual inspection for scrap. In this conversation with AMM, he details his push for wider adoption of the belt analyzer and what changes his company could bring to the industry.

  • Ecuador a key destination for shredded scrap Jun 16, 2014

    Ecuador emerged as the top trade destination for U.S. shredded scrap shipped from San Francisco in April as weak demand from South Korea forced exporters to identify new homes for material.

  • ISA lands $3M investment, $17.8M credit line Jun 16, 2014

    Industrial Services of America Inc. (ISA) has received a $3-million investment from Recycling Capital Partners LLC (RCP), as well as a $17.8-million credit facility from Wells Fargo Bank NA.

  • Funding source clouds Calif. aluminum project Jun 16, 2014

    The source of funding for a proposed $1.5-billion secondary aluminum manufacturing facility in Barstow, Calif., is being disputed by the project’s developer.

  • Cobra names regional manager Jun 16, 2014

    Cobra Trading LLC has appointed Abby Frank its Southeast regional trading manager as the company continues to expand.

  • Aluminum sheet faces scrap segregation test Jun 13, 2014

    The steady climb of aluminum sheet used in light vehicle bodies could send certain aluminum scrap prices soaring next year before increased sheet production drives more scrap into the recycling stream, according to market participants.

  • Baker earns ISRI award for scrap contribution Jun 13, 2014

    The Institute of Scrap Recycling Industries’ (ISRI’s) Gulf Coast Chapter has named Thomas Baker the winner of its annual Israel Proler Award, which recognizes an individual’s outstanding contribution to the scrap recycling industry.

Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results