Scrap RSS

  • Two die in blast while dismantling fired rocket Dec 31, 2007

    Two Barstow, Calif., men were killed last week while taking apart a shoulder-fired rocket that police believe they had scavenged from a nearby military base.

  • Hundreds in dark as China scrap export licenses expire Dec 31, 2007

    Hundreds of scrap companies are in the dark over the renewal of Chinese export licenses as authorities have still not confirmed all applications ahead of the end-of-year expiration of the old licenses.

  • Scant supplies give a boost to red metal scrap Dec 31, 2007

    U.S. copper scrap prices have moved up on a continuing shortage of material despite lower prices for primary metal on the Comex division of the New York Mercantile Exchange.

  • Iron, steel foundries must vouch for shredders’ removal of toxins Dec 31, 2007

    Several hundred iron and steel foundries, should they be users of shredded scrap from motor vehicles, will have to begin vouching for the removal of hazardous contaminants by shredders and dismantlers supplying that material.

  • Two die in blast while dismantling fired rocket Dec 31, 2007

    Two Barstow, Calif., men were killed last week while taking apart a shoulder-fired rocket that police believe they had scavenged from a nearby military base.

  • Stainless scrap exports rise, but questions raised Dec 31, 2007

    Exports of stainless scrap rose by nearly 15 percent in October vs. the previous month, but some scrap traders are doubtful of the supposed strength of overseas demand for the shiny scrap.

  • Berggren wins $1.6M in long-running Delta suit Dec 28, 2007

    Metals trader Scott Berggren was declared the winner of a $1.6-million judgment in November as belated payment for 1999-2000 sales of Russian metal to a failing secondary aluminum smelter in Wisconsin.

  • Berggren wins $1.6M in long-running Delta suit Dec 28, 2007

    Metals trader Scott Berggren was declared the winner of a $1.6-million judgment in November as belated payment for 1999-2000 sales of Russian metal to a failing secondary aluminum smelter in Wisconsin.

  • Rising Comex, tight supply drags copper scrap higher Dec 28, 2007

    U.S. copper scrap prices have moved up on a continuing shortage of material and underlining support for higher copper prices on the Comex division of the New York Mercantile Exchange.

  • Rising exports, firm tags seen for scrap in ’08 Dec 27, 2007

    Ferrous scrap exports are set to rise again in 2008 on the back of strong demand and a weakening U.S. dollar, executives at U.S. scrap companies said.

  • Turkey drives No. 1 heavy melt scrap exports down Dec 27, 2007

    Turkey’s imports of No. 1 heavy melting steel scrap from U.S. suppliers plunged in October, hitting the lowest level seen in the past year and a half, but moderate increases in the tonnage delivered to several other nations helped offset that drop.

  • Cronifer to expand warehouse, get new name Dec 27, 2007

    Cronifer, the Dutch arm of German stainless scrap processor Cronimet Holding GmbH, will be renamed Cronimet (Holland) BV effective Jan. 1.

  • Three arrested in theft of 23 bronze sculptures Dec 27, 2007

    Vermont State Police have arrested two men and a woman in connection with the theft of bronze sculptures valued at $1 million that were later sold to local scrapyards.

  • Emanuel Crystal, chairman of Jackson Iron & Metal, dies at 81 Dec 27, 2007

    Emanuel “Manny” Crystal, chairman of family-owned Jackson Iron & Metal Co., Jackson, Miss., died Monday after a long illness. He was 81.

  • Wise to restate its financial results Dec 27, 2007

    Wise Metals Group LLC, Linthicum, Md., will restate its financial results for 2004, 2005 and 2006 and for the first two quarters of 2006 and 2007.

  • Waxman hooks fine, ban in PSC case settlement Dec 26, 2007

    Robert Waxman, a key figure in a copper trading scandal at Philip Services Corp. (PSC) almost 10 years ago, has been banned from serving as an officer or director of a public company in Canada for 20 years and from trading in securities for 10 years.

  • Nucor inks deal with Horsehead to process dust Dec 26, 2007

    Horsehead Corp. plans to build a new facility to process electric furnace dust from Nucor Corp.’s three steel mills in North Carolina and South Carolina, the Monaca, Pa.-based company said.

  • ‘Ghosts’ get new takers as Marad awards contracts for five vessels Dec 26, 2007

    The U.S. Maritime Administration (Marad) has awarded new contracts to dispose of five “Ghost Fleet” vessels—four anchored along the James River in Newport News, Va., and one from the Beaumont Reserve Fleet in Texas.

  • Waxman hooks fine, ban in PSC case settlement Dec 26, 2007

    Robert Waxman, a key figure in a copper trading scandal at Philip Services Corp. (PSC) almost 10 years ago, has been banned from serving as an officer or director of a public company in Canada for 20 years and from trading in securities for 10 years.

  • Wise Metals to restate financial results Dec 26, 2007

    Wise Metals Group LLC, Linthicum, Md., will be restating its annual financial figures for 2004, 2005 and 2006 and for the first two quarters of 2006 and 2007.

  • Horsehead deal sparks plan for EF dust recycling facility Dec 26, 2007

    Horsehead Corp. plans to build a new facility to process electric furnace dust from Nucor Corp.’s three steel mills in North Carolina and South Carolina, the Monaca, Pa.-based company said.

  • China drives 10.8% gain in Oct. aluminum exports Dec 26, 2007

    U.S. aluminum scrap exports rose again in October, surpassing 150,000 short tons for the third time this year.

  • ‘Ghosts’ get new takers as Marad awards pacts for 5 vessels Dec 26, 2007

    The Maritime Administration (Marad) has awarded new contracts to dispose of five Ghost Fleet vessels—four anchored along the James River in Newport News, Va., and one from the Beaumont Reserve Fleet in Texas.

  • Higher refunds spur California UBC recycling rate Dec 21, 2007

    The 1- and 2-cent increases in California’s container redemption fees at the start of this year spurred the state’s beverage drinkers to turn in more aluminum used beverage cans (UBCs) and plastic bottles.

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