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Detroit City Council has voted to strengthen two ordinances regulating scrapyards and neighborhood peddlers.
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Detroit City Council has voted to strengthen two ordinances regulating scrapyards and neighborhood peddlers.
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U.S. copper scrap prices have rebounded as primary metal on the Comex division of the New York Mercantile Exchange raced back up.
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About 10 million autos are shredded in the United States each year. Steel is recovered magnetically and, with the higher prices paid for copper and aluminum, eddy current separation systems have become significant profit generators for many shredder operators.
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The Western European aluminum scrap market will remain in deficit until 2013, a European industry consultant said, but warned that a significant increase in Chinese scrap demand could further disrupt scrap flow in the region.
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Thieves have taken between 20 and 25 tons of copper scrap from a Silgan Containers Corp. can manufacturing plant in California.
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U.S. exports of aluminum scrap reached their highest level in four months during September.
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Thieves have taken between 20 and 25 tons of copper scrap from a Silgan Containers Corp. can manufacturing plant in California.
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Offshore demand for U.S. shredded scrap plunged by 49.1 percent in September as shipments to most major ferrous scrap-importing countries in Asia fell sharply.
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Boeing Co. expects to generate a larger volume of briquetted aluminum borings in the first quarter of next year than were auctioned during the current quarter.
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China’s consumption of ferrous scrap is expected to be 20 percent higher this year due to robust steel production growth and rising iron ore prices, a government agency said.
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Boeing Co. expects to generate a larger volume of briquetted aluminum borings in the first quarter of next year than were auctioned during the current quarter.
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The European Union's environmental legislation is a barrier to ferrous scrap trade, both within the EU and with countries outside the region, according to a German scrap executive.
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Wise Metals Group LLC, with some key business indicators improving but a shaky financial structure, has bought itself time by playing its political card as an employer of 1,000 people at an aluminum sheet mill in Muscle Shoals, Ala.
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Federal inspectors have lifted restrictions on the work area at Arkansas Aluminum Alloys Inc., Hot Springs, Ark., where two people died in an Oct. 31 explosion.
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China is no longer Sims Group Ltd.’s best market for ferrous scrap and instead might be a threat to its ferrous business, according to Jeremy Sutcliffe, chief executive officer of the Australian recycler.
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China is no longer Sims Group Ltd.’s best market for ferrous scrap and instead might be a threat to its ferrous business, according to Jeremy Sutcliffe, chief executive officer of the Australian recycler.
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Federal inspectors have lifted the no-trespassing restriction around the work area where two people died Oct. 31 in an explosion at Arkansas Aluminum Alloys Inc., Hot Springs, Ark.
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German ferrous scrap processors had little difficulty in settling November domestic prices at levels unchanged from the previous month. Deals were struck across all regions and all grades at the same levels as in October.
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U.S. copper and brass scrap exports slipped nearly 2.1 percent in September as shipments to India and Mexico plunged by two-thirds.
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Offerings of unsegregated high-temperature and aerospace scrap, many featuring titanium alloys, fetched between $2.50 and $6.96 a pound in an online auction of U.S. Defense Department material that ended Tuesday.
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The Commerce Department report on merchandise trade, the source for U.S. ferrous and nonferrous scrap export data, includes several questionable figures for September, so AMM will not publish tables on exports of ferrous scrap by grade or by destination until the federal government corrects or confirms the information.
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If demand for ferrous scrap in the U.S. market looks like a 90-pound weakling, scrap exporters say the offshore market is a Charles Atlas.
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The Commerce Department report on merchandise trade, the source for U.S. ferrous and nonferrous scrap export data, includes several questionable figures for September, so AMM will not publish tables on exports of ferrous scrap by grade and by destination until the federal government corrects or confirms the information.