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William (Billy) P. Ainsworth, president and chief executive officer of Progress Rail Services, has been named a vice president of Caterpillar Inc., the Peoria, Ill.,-based equipment maker said in a statement.
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Wabash Alloys LLC, Wabash, Ind., increased the book price of A380.1 aluminum alloy by 1 cent Monday to $1.08 per pound.
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Schnitzer Steel Industries Inc. has agreed to pay 7.73 million to the U.S. Securities and Exchange Commission to settle allegations that a South Korean subsidiary made improper payments to Korean and Chinese scrap buyers.
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Schnitzer Steel Industries Inc. has agreed to pay 7.73 million to the U.S. Securities and Exchange Commission to settle allegations that a South Korean subsidiary made improper payments to Korean and Chinese scrap buyers.
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Overseas demand for ferrous scrap has bolstered the weakening pace of the domestic market during the past two weeks, but some traders said they believe this buying binge has peaked.
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The U.S. Environmental Protection Agency (EPA) has selected the final cleanup plans for the now defunct Consolidated Iron & Metal Co. Inc. scrapyard and four other Superfund sites in New York.
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AMM will begin reporting prices for 316 stainless scrap on the AMM Scrap Iron & Steel Prices page effective Nov. 1. At the same time, we will also change the listing for 18-8 scrap prices to 304 to distinguish that grade from the new 316 stainless scrap price.
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No new deep-sea sales of ferrous scrap to Turkey were reported last week, with scrap exporters said reluctant to sell short while still loading and shipping scrap to the Mediterranean nation.
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Scrap metal exports hit a new high of $858 million in August, though the accomplishment wasn’t enough to prevent a record U.S. trade deficit that month.
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U.S. copper scrap prices have risen on inventory drawdowns following the return of Chinese consumers and firmer primary copper.
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The federally endorsed program for removal of mercury switches from defunct vehicles will soon be offering $1-per-switch incentives to auto dismantlers in more than 35 states, barring an unexpected glitch in how the project plays out in the first few jurisdictions.
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Able UK Ltd. plans to appeal a decision by a local town council to reject its applications to start a shipbreaking operation in northeast England.
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Scrap metal exports hit a new high of $858 million in August, though the accomplishment wasn’t enough to prevent a record U.S. trade deficit that month.
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U.S. copper scrap prices have risen on inventory drawdowns following the return of Chinese consumers and firmer primary copper.
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Bidding for a year’s worth of light and heavy steel scrap from a Louisiana military base valued the material at $94.86 per long ton Thursday.
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Bidding for a year’s worth of light and heavy steel scrap from a Louisiana military base valued the material at $94.86 per long ton Thursday.
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Prices paid by specialty steelmakers for 18-8 stainless scrap have fallen by around $100 a long ton this month, in line with the modest retreat in primary nickel prices in September, but prices at dealers and major broker-processors were unchanged.
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The U.S. Environmental Protection Agency (EPA) has filed an administrative complaint against Del’s Metal Co. for alleged clean-air violations at its secondary aluminum facility in Rock Island, Ill.
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Prices paid by specialty steelmakers for 18-8 stainless scrap have fallen by around $100 a long ton this month, in line with the modest retreat in primary nickel prices in September, but prices at dealers and major broker-processors were unchanged.
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The U.S. Environmental Protection Agency (EPA) has filed an administrative complaint against Del’s Metal Co. for alleged clean-air violations at its secondary aluminum facility in Rock Island, Ill.
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Inconel 625 alloy scrap offered at a military auction Tuesday attracted a top bid of $8.85 a pound, nearly a dollar higher than similar material sold nearly a month earlier.
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Bear Wagner Specialists LLC said it is the specialist firm that will be trading shares of Metal Management Inc. on the New York Stock Exchange. Chicago-based Metal Management transferred from the Nasdaq National Market last Thursday and now trades on the NYSE under the symbol MM.
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Bear Wagner Specialists LLC said it is the specialist firm that will be trading shares of Metal Management Inc. on the New York Stock Exchange. Chicago-based Metal Management transferred from the Nasdaq National Market last Thursday and now trades on the NYSE under the symbol MM.
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Inconel 625 alloy scrap offered at a military auction Tuesday attracted a top bid of $8.85 a pound, nearly a dollar higher than similar material sold nearly a month earlier.