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TST Inc. has hired Eric Henkelman as a regional account manager for the aluminum ingot producer’s Texas and southern U.S. markets and Chisa Ueda as purchasing account manager at its headquarters facility in Fontana, Calif.
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TST Inc. has hired Eric Henkelman as a regional account manager for the aluminum ingot producer’s Texas and southern U.S. markets and Chisa Ueda as purchasing account manager at its headquarters facility in Fontana, Calif.
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U.S. exports of shredded scrap soared 68.3 percent in June, and all without a single Chinese mill taking in even a pound of the fragmented scrap from domestic suppliers.
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Aircraft manufacturer Boeing Co. expects aluminum scrap volumes available in the final quarter of 2006 to be modestly higher than in the current quarter.
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U.S. copper scrap prices have fallen on softening demand as inventory levels at copper and brass mills rise and Chinese scrap buyers remain on the sidelines.
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Aircraft manufacturer Boeing Co. expects aluminum scrap volumes available in the final quarter of 2006 to be modestly higher than in the current quarter.
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Schnitzer Steel Industries Inc. has agreed to buy the assets of Advanced Recycling, Concord, N.H., and plans to name its president, Steven Cohen, as director of northern New England operations.
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Schnitzer Steel Industries Inc. has agreed to buy the assets of Advanced Recycling, Concord, N.H., and plans to name its president, Steven Cohen, as director of northern New England operations.
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The May surge in U.S. aluminum scrap exports appears to have been an anomaly, with June activity reverting to the early 2006 pattern.
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The group's membership count hasn't exceeded 1,400 since 1998, when industry consolidation and difficult market conditions started to reduce the number of viable companies in the industry, ISRI said. Although metals recycling is the focus of a majority of ISRI's members, some also handle paper, plastics, glass, rubber, electronics and textiles.
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Brass scrap values lost ground in the latest electronic auction of military scrap, with brass ammunition drawing a high bid of $2.02 a pound for material in Texas, down 18.5 percent from $2.48 in mid-July and 6 percent lower than $2.15 in mid-June.
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Banquets might be more fun than training sessions to unveil new software, but both sorts of gatherings can be used to ease business tensions.
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U.S. copper scrap prices have fallen on softening demand as copper and brass mills report high inventory levels and Chinese buyers remain on the sidelines.
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Schnitzer Steel Industries, Inc., Portland, Ore., said Wednesday it had reached a definitive agreement to acquire the assets of Max Cohen and Sons, doing business as Advanced Recycling.
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OmniSource Corp., a Fort Wayne, Ind.,-based recycler and aluminum smelter with a work force approaching 2,000, is planning a new headquarters that will finally put its nonferrous leadership into the same building as other top executives.
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OmniSource Corp., a Fort Wayne, Ind.,-based recycler and aluminum smelter with a work force approaching 2,000, is planning a new headquarters that will finally put its nonferrous leadership into the same building as other top executives.
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Soaring freight rates are expected to keep aging vessels on the water, drying up the supply of ferrous scrap from ship demolitions for the rest of the year, analysts said.
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U.S. copper and brass scrap exports fell 6.3 percent in June as Chinese buyers pulled out of the market.
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Standard & Poor’s Ratings Services, New York, has lowered its score for Wise Metals Group LLC, a scrap-based aluminum sheet producer with headquarters in Linthicum, Md., to CCC+ from B–.
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Alter Trading Corp., St. Louis, which will be starting up a vehicle shredder soon in Alabama, has entered a bid to manage the sale and disposal of abandoned vehicles in Louisiana wrecked by last year’s hurricanes.
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Standard & Poor's Ratings Services, New York, lowered its score for Wise Metals Group LLC, a scrap-based aluminum sheet producer with headquarters in Linthicum, Md., to CCC+ from B-.
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Nonferrous scrap exports reversed course in June following a May surge amid signs that the one-month jump was largely the result of how the statistics were handled by the U.S. Census Bureau.
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Standard & Poor's Ratings Services, New York, lowered its score for Wise Metals Group LLC, a scrap-based aluminum sheet producer with headquarters in Linthicum, Md., to CCC+ from B-.
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Prices for higher grades of U.S. copper scrap have fallen in line with primary metal on the Comex division of the New York Mercantile Exchange following news that labor negotiations between Chilean copper miner Minera Escondida Ltda. and union leaders had restarted.