Scrap

• Aleris names Keown chief buyer; Riddell moves to Spectro Alloys Jul 06, 2005

  Michael Keown has succeeded David Riddell as chief scrap buyer for the Coldwater, Mich., secondary aluminum alloys plant of Aleris International Inc. He will be based at Aleris' headquarters in Beachwood, Ohio.

• Schnitzer Steel net income slides 21.2% in qtr. Jul 06, 2005

  Weaker results at Schnitzer Steel Industries Inc.'s wholly owned recycling operations, plus a sharp falloff in profits from its joint ventures, contributed to a 21.2-percent decrease in net income in its fiscal third quarter.

• Ukraine delays action on reducing export duty Jul 06, 2005

  The Ukrainian parliament has removed from its agenda draft legislation that would gradually lower the existing duty of 30 euros ($36) per tonne on ferrous scrap exports, according to the Ukrainski Novyny news agency.

• Trustee drops charges vs. former Chemetco exec Jul 05, 2005

  The bankruptcy trustee for defunct copper smelter Chemetco Inc., East Hartford, Ill., has withdrawn charges of wrongdoing in return for obtaining an extra $3.1 million for creditors from Chemetco's former president, John Suarez, and some associates.

• Turkish goose egg dents heavy melt exports Jul 05, 2005

  Turkish scrap buyers, the big spenders in the cut ferrous scrap market this year, tightened their purse strings in April, taking not even a single pound of cut scrap from U.S. suppliers.

• N.C. State Senate throws wrench in Hugo Neu's Navassa fluff plant Jul 05, 2005

  In the jargon of North Carolina economic development officials, Tier One is needy and Tier Five is rich-a distinction that drives much of the skirmishing over a proposed shredder fluff processing plant in Navassa.

• Newell Transportation booting up Synergistic Systems' ScrapBoss Jul 05, 2005

  Newell Transportation LLC, the transportation arm of Newell Recycling's yards in Georgia, has installed ScrapBoss, the trip management system developed by Synergistic Systems.

• Another try for Mich. aluminum smelter Jul 01, 2005

  A Grand Rapids, Mich., scrap metal broker, Dorie Reid Sr., is the latest investor to try his hand at coaxing profits out of a secondary aluminum smelter in Benton Harbor.

• Turkish buying frenzy boosts Europe ferrous export prices Jul 01, 2005

  European ferrous scrap export prices jumped $30 a tonne last week as Turkish mini-mills rushed to buy in a rising market.

• Turkish buying frenzy boosts Europe ferrous export prices Jul 01, 2005

  European ferrous scrap export prices jumped $30 a tonne last week as Turkish mini-mills rushed to buy in a rising market.

• Canada pulls down US nickel exports Jun 29, 2005

  Prices aren't the only thing to have hit the skids in the nickel market. U.S. exports of nickel scrap took a downturn in April, continuing the see-saw pattern that has prevailed for much of the past seven months.

• CMC opens yard in Birmingham Jun 29, 2005

  Commercial Metals Co. (CMC) has opened a new scrap processing facility in Birmingham, Ala.

• European stainless scrap follows nickel's lead Jun 29, 2005

  Falling nickel prices and a drop in demand from specialty steel mills have sent European stainless steel scrap prices tumbling by as much as 20 percent over the past three weeks, merchants said.

• European stainless scrap follows nickel's lead Jun 29, 2005

  Falling nickel prices and a drop in demand from specialty steel mills have sent European stainless steel scrap prices tumbling by as much as 20 percent over the past three weeks, merchants said.

• Scrapyard settles CFC complaint Jun 29, 2005

  A scrapyard in Elyria, Ohio, has settled with the U.S. Environmental Protection Agency (EPA) over a complaint that it let refrigerant chemicals escape from appliances being recycled.

• Railroads are barrier to healthy US manufacturing, Wiener says Jun 28, 2005

  Shoddy rail service has become a significant obstacle for many U.S. manufacturers, according to Robin Wiener, president of the Institute of Scrap Recycling Industries (ISRI).

• Questions dog US stainless export data Jun 28, 2005

  Sharp increases in tonnages shipped to China and India boosted U.S. stainless steel scrap exports by almost 43 percent in April, although the totals include seemingly questionable shipments to China and Mexico.

• Recycler says rules make installing new sweat furnace uneconomical Jun 27, 2005

  A dismantler and scrapyard that operated a sweat furnace for 15 years has decided against spending as much as $150,000 to install a new one because, it said, current environmental rules make it uneconomical.

• Noranda expands e-cycling with Malaysia buying office Jun 27, 2005

  The Noranda Recycling Inc. division of Noranda Inc., Toronto, has set up a buying office in Malaysia to acquire production scrap from Asian electronics manufacturers.

• Noranda expands e-cycling with Malaysia buying office Jun 27, 2005

  The Noranda Recycling Inc. division of Noranda Inc., Toronto, has set up a buying office in Malaysia to acquire production scrap from Asian electronics manufacturers.

• Maine putting finishing touches on rules for electronics recycling Jun 24, 2005

  Bolstered by some statutory tinkering, Maine's Department of Environmental Protection will submit detailed rules for electronics recycling early next month.

• Copper scrap dips; primary prevents plunge Jun 24, 2005

  Copper scrap prices have eased slightly as buying activity slows and material flows improve after a rash of Chinese demand.

• Wise hires Sneigle for sales post Jun 24, 2005

  Wise Alloys LLC, Muscle Shoals, Ala., has hired Harry Sneigle as national sales manager, billing the move as a sign of its commitment to expanding into common alloy coil products alongside Wise's traditional can stock production.

• Turkey gives ferrous export pricing a boost Jun 24, 2005

  Ferrous scrap exports out of western Europe have bounced back by $5 to $7.50 a tonne during the past week as Turkish mills returned to the market, but some exporters are holding out for higher prices.