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Italy's steelmakers and scrap importers still face the threat of a government-imposed embargo on ferrous scrap imports, an Italian scrap trader said last week.
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The U.S. scrap metal industry unwittingly created some loopholes for abuse with its 1990s success in severing some recyclables from waste management regulations, an environmental activist said last week.
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High ocean freight rates have left many of South Asia's shipbreakers with few ships to dismantle in the coming months.
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Australian scrap processor and steelmaker Smorgon Steel Group Ltd. plans to acquire a stake in a metals recycler in China.
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China's scrap industry is expanding, but the nation is having some growing pains as it works to define and list what types of scrap metals can't be imported, a Beijing-based metals consultant said.
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Indian imports of plastic scrap could be cut in half if the Indian government does not renew import licenses, according to Surendra Borad, managing director of Gemini Corp. NV.
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The Indian government will remove a 5-percent import duty imposed on ferrous scrap traders within the next few months, which should further open up the Indian import market.
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The U.S. Environmental Protection Agency (EPA) has cited two Midwest secondary smelters for allegedly violating air emissions rules while operating aluminum sweat furnaces at their yards.
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Russian nonferrous scrap companies could be exempt from paying value-added taxes (VAT) beginning Jan. 1 if proposed legislation is approved by the government, according to Ildar Neverov, director of Torgmet Ltd., a Moscow-based nonferrous scrap processor.
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Commercial Metals Co. said its net income more than doubled to $285.8 million in its fiscal year on sales that climbed 38.3 percent to $6.59 billion compared with a year earlier.
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Maine's Board of Environmental Protection has adopted a regulatory code for electronics recycling.
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China's share of U.S. aluminum scrap exports surpassed 60 percent for the first time in August.
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Two men have been charged in connection with a series of thefts from an ELG Metals Inc. scrapyard in McKeesport, Pa.
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The recycling division of California's Conservation Department has issued a $2.5-million conditional loan guarantee commitment to plastic bottle recycler Itec Environmental Group Inc.
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U.S. exports of copper and brass scrap increased 6 percent in August following a jump in activity by Chinese consumers.
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Wabash Alloys LLC, Wabash, Ind., boosted its price for A380.1 aluminum alloy by 1 cent to 88 cents a pound, effective Thursday.
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The Supreme Court of New South Wales has approved the merger of scrap traders Sims Group Ltd. and Hugo Neu Corp.
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While state legislators and think tanks debate what sort of infrastructure to create for electronics recycling, a Maryland-based job skills charity, with the backing of computer vendor Dell Inc., is experimenting with several alternate options.
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European ferrous scrap exporters have raised their offering prices by about $10 a tonne on expectations that a Turkish spending spree looms, although no cargoes have yet been booked at these higher levels.
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Winning bidders spent $748,000 at a Web auction of U.S. Defense Department scrap, with prices ranging from $5.06 per pound for high-temperature alloys to 2 cents per pound ($43 a long ton) for predominantly steel office furniture parts.
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Vietnam's Ministry of Industry plans to import up to 2 million tonnes of ferrous scrap next year to help its fledgling steel industry meet production targets.
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Executives of Pacific Rail Industries are crying foul over a series of mailings sent to voters in Colton, Calif., urging them to sign a petition aimed at blocking the company's plan to install an auto shredder.
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China's ferrous scrap importers took a leap forward in shredded scrap buying in August, raising their intake of fragmented scrap from U.S. suppliers to the highest level in more than two years.
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Wabash Alloys LLC will include "a natural gas adjustment mechanism" as part of its pricing arrangements in 2006 sales contracts, the Wabash, Ind.