Scrap

• Dutch recycling leader dies at 59 Dec 04, 2006

  Herman Voskamp, director-general of the Dutch Metals Recycling Federation (MRF) and secretary of the Federatie Herwinning Grondstoffen (FHG), died Friday. He was 59.

• Metalico slashes its debt load by 37% from beginning of ’06 Dec 01, 2006

  Metalico Inc., a recycling and lead company based in Cranford, N.J., has cut its debt load by 37 percent to $15.7 million in late November from $24.9 million at the beginning of the year.

• Global Alumina extends joint venture’s talks Dec 01, 2006

  Global Alumina Corp. has extended to Dec. 31 from Nov. 30 the deadline for negotiating terms of the joint venture which would develop and operate the company’s alumina refinery project in the Republic of Guinea.

• Auto bundles index up $8 per ton in December Dec 01, 2006

  Average prices paid for the auto industry’s factory bundles rose by between $6 and $10 a long ton in sales made Thursday and Friday, industry sources said.

• Auto bundles index rises $8 a ton in December Dec 01, 2006

  Average prices paid for the auto industry’s factory bundles rose by between $6 and $10 a long ton in sales made Thursday and Friday, industry sources said.

• Turkish demand prompts effort to raise prices Dec 01, 2006

  A new ferrous scrap buying binge by Turkish steelmakers appears to be under way, spurring some exporters to seek higher prices.

• Jeff Purvis takes driver’s seat in scrap business’ drive for dock Dec 01, 2006

  Former Nascar driver Jeff Purvis has given up the fast lane for a full-time commitment at his scrap metals yard in Clarksville, Tenn., but he is eyeing alternative transportation—the river barge.

• Computer manufacturers starting to see e-cycling bills in the mailbox Dec 01, 2006

  Computer and television makers must begin paying for Washington state’s recycling program next month.

• Ford’s factory bundle offers decline $12 a ton Nov 29, 2006

  The top offers for Ford Motor Co.’s factory bundles are down about $12 a long ton from a month earlier, industry sources said, although it’s uncertain whether the automaker will have excess bundles to ship from its Chicago-area stamping plant in holiday-shortened December.

• RMSM to support national mercury switch recycling system Nov 29, 2006

  Rocky Mountain Steel Mills (RMSM) has decided to implement the voluntary national vehicle mercury switch removal program developed in cooperation with the U.S. Environmental Protection Agency.

• A380.1 aluminum slides, other alloys stable Nov 29, 2006

  The street price of A380.1 secondary aluminum ingot has declined slightly, according to market sources, but prices for most other grades are stable.

• A380.1 aluminum slides, other alloys stable Nov 29, 2006

  The street price of A380.1 secondary aluminum ingot has declined slightly, according to market sources, but prices for most other grades are stable.

• Hanwa to lift aluminum processing capacity 40% Nov 29, 2006

  Hanwa Co. Ltd., a Japanese trading company, plans to increase its aluminum scrap processing capacity by 40 percent to 2,000 tonnes per month.

• Wabash lowers A380.1 alloy 4¢/lb. Nov 29, 2006

  Wabash Alloys LLC, Wabash, Ind., reduced its price for A380.1 aluminum alloy by 4 cents Tuesday to $1.10 per pound.

• Wabash cuts A380.1 aluminum alloy price by 4¢/lb. Nov 29, 2006

  Wabash Alloys LLC, Wabash, Ind., implemented a 4-cent drop in the price of A380.1 aluminum alloy Tuesday, putting the value at $1.10 a pound.

• More aluminum on tap for Spirit 1st-qtr. auction Nov 28, 2006

  Spirit AeroSystems Holdings Inc., Wichita, Kan., expects to offer significantly higher quantities of briquetted aluminum borings and aluminum plate remnants in the coming quarter than were anticipated for the final three months of this year.

• More aluminum on tap for Spirit’s first-quarter auction Nov 28, 2006

  Spirit AeroSystems Holdings Inc., Wichita, Kan., expects to offer significantly higher quantities of briquetted aluminum borings and aluminum plate remnants in the coming quarter than were anticipated for the final three months of this year.

• Turkish demand keeps US heavy melt exports flowing Nov 28, 2006

  Turkish steelmakers’ strong appetite for ferrous scrap boosted U.S. exports of No. 1 heavy melting steel by more than 28 percent in September from the previous month.

• Aleris, about to be bought, may have eyes for Novelis Nov 27, 2006

  Speculation has been mounting that Aleris International Inc., the Beachwood, Ohio,-based aluminum producer and recycler that’s about to be acquired by private investment company Texas Pacific Group LLC, could be maneuvering to take over aluminum rolled products company Novelis Inc.

• Aleris, about to be bought, may have eyes for Novelis Nov 27, 2006

  Speculation has been mounting that Aleris International Inc., the Beachwood, Ohio,-based aluminum producer and recycler that’s about to be acquired by private investment company Texas Pacific Group LLC, could be maneuvering to take over aluminum rolled products company Novelis Inc.

• Jupiter mulls options, sees partial restart Wednesday [UPDATE] Nov 27, 2006

  Jupiter Aluminum Corp., Hammond, Ind., said Monday it expects to resume partial production Wednesday as it explores its business options following a fire that disabled its cold-rolling mill.

• Brass ammo trends lower in military auction Nov 27, 2006

  A one-year contract for brass ammunition scrap in Texas attracted a top bid of $1.97 a pound last week, a 13-percent retreat from the $2.26-per-pound weighted average for two similar military contracts awarded early in the month in Washington state.

• Brass ammo trends lower in military scrap auction Nov 27, 2006

  A one-year contract for brass ammunition scrap in Texas attracted a top bid of $1.97 a pound last week, a 13-percent retreat from the $2.26-per-pound weighted average for two similar military contracts awarded early in the month in Washington state.

• Fire disables rolling mill at Jupiter Aluminum plant Nov 27, 2006

  A fire crippled the cold-rolling mill at Jupiter Aluminum Corp.’s plant in Hammond, Ind. No-one was injured.