Scrap RSS

  • Ainsworth adds vice president title at Caterpillar Oct 17, 2006

    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.

  • Wabash hikes A380.1 alloy 1¢/lb. Oct 17, 2006

    Wabash Alloys LLC, Wabash, Ind., increased the book price of A380.1 aluminum alloy by 1 cent Monday to $1.08 per pound.

  • Schnitzer agrees to pay $7.7M to settle SEC row Oct 16, 2006

    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.

  • Schnitzer agrees to pay $7.7M to settle SEC row Oct 16, 2006

    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.

  • Ferrous scrap exports surge; offshore use seen at peak Oct 16, 2006

    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.

  • EPA finalizes cleanup plans for idled yard, four other NY sites Oct 16, 2006

    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.

  • Additions to AMM stainless scrap prices Oct 16, 2006

    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.

  • Lack of Turkish buys holds line on deep-sea ferrous scrap prices Oct 13, 2006

    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.

  • Scrap exports reach record $858M in August Oct 13, 2006

    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.

  • Copper scrap prices climb with Chinese buyers’ return Oct 13, 2006

    U.S. copper scrap prices have risen on inventory drawdowns following the return of Chinese consumers and firmer primary copper.

  • National program approves $1 bounty for mercury switch removal Oct 13, 2006

    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.

  • They said no Three years later and Able UK still can't break the 'ghosts' Oct 13, 2006

    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.

  • Scrap exports reach record $858M in August Oct 13, 2006

    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.

  • US copper scrap prices rise as Chinese buyers return Oct 13, 2006

    U.S. copper scrap prices have risen on inventory drawdowns following the return of Chinese consumers and firmer primary copper.

  • Army steel scrap fetches $94.86 a long ton Oct 13, 2006

    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.

  • Army steel scrap fetches $94.86/T Oct 13, 2006

    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.

  • Stainless scrap prices slip on nickel’s Sept. retreat Oct 11, 2006

    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.

  • EPA accuses Del’s Metal of clean-air violations Oct 11, 2006

    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.

  • Stainless scrap slips on nickel’s Sept. retreat Oct 11, 2006

    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.

  • EPA accuses Del’s Metal of clean-air violations Oct 11, 2006

    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.

  • Inconel 625 attracts higher offer at latest military auction Oct 11, 2006

    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.

  • Bear Wagner to handle Metal Management stock Oct 11, 2006

    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.

  • Bear Wagner to handle MMI stock Oct 11, 2006

    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.

  • Inconel 625 attracts higher offer at latest military scrap auction Oct 11, 2006

    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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