Scrap

  • Metals recycling revenue up 41.7% at Interseroh Nov 13, 2007

    Recycler Interseroh AG, Cologne, Germany, has posted a 41.7-percent increase in revenue from its scrap metals business to 946.7 million euros ($1.38 billion) for the first nine months of 2007 from 668.1 million euros in the same period last year.

  • WWII-era hospital ship sold illegally, BAN says Nov 13, 2007

    The sale of a World War II hospital ship was likely illegal and the vessel could end up at a shipbreaking yard in India or Bangladesh, the Basel Action Network (BAN) said Tuesday.

  • Unhealthy hospital ship sold illegally, BAN charges Nov 13, 2007

    The sale of a World War II hospital ship was likely illegal and the vessel could end up at a shipbreaking yard in India or Bangladesh, the Basel Action Network (BAN) said Tuesday.

  • Ferrous falls up to $30/T, obsolete grades do best Nov 12, 2007

    Prices for such prime industrial steel scrap grades as No. 1 bundles and busheling slumped as much as $30 a ton this month while offers for such obsolete scrap as No. 1 heavy melting steel and shredded fared a bit better, declining by only $5 to $10 in some regions.

  • Ferrous falls up to $30/t, obsolete grades do best Nov 12, 2007

    Prices for such prime industrial steel scrap grades as No. 1 bundles and busheling slumped as much as $30 a ton this month while offers for such obsolete scrap as No. 1 heavy melting steel and shredded fared a bit better, declining by only $5 to $10 in some regions.

  • ISRI adds stainless from shredder, called Zurik, to specifications list Nov 12, 2007

    The Institute of Scrap Recycling Industries’ spring ceremony for baptizing new specifications has been made obsolete by digital publishing, so ISRI isn’t waiting until then to recognize Zurik, which is stainless steel from shredders.

  • A Georgia MySpace for nabbing metal thieves Nov 12, 2007

    A Macon, Ga.-based coalition formed to combat metals theft and receipt of stolen property says it has developed a quick-response communications strategy that should be applicable statewide using social networking software.

  • In Georgia, a form of MySpace for nabbing metal thieves Nov 12, 2007

    NEW YORK — A Macon, Ga.-based coalition formed to combat metals theft and receipt of stolen property says it has developed a quick-response communications strategy that should be applicable statewide using social networking software.

  • Copper scrap falls on lack of demand, Comex slump Nov 09, 2007

    U.S. copper scrap prices have nose-dived on unexpectedly weak demand and falling primary copper prices on the Comex division of the New York Mercantile Exchange.

  • ISA profits slip amid shipping container woes Nov 09, 2007

    Industrial Services of America Inc.(ISA), Louisville, Ky., registered third-quarter net income of $383,159, down 12.8 percent from $439,568 in the year-earlier quarter, on sales that rose 16.9 percent to $17.9 million.

  • Aleris returns to black, logs $3.5M in quarterly net income Nov 09, 2007

    Aleris International Inc. returned to profitability with net income of $3.5 million in the third quarter on a 19.3-percent gain in sales to $1.66 billion vs. the year-earlier quarter, when it logged a $24.2-million loss.

  • Union members accept five-year Wise Alloys deal Nov 09, 2007

    Production workers at Wise Alloys LLC’s aluminum rolling mill in Muscle Shoals, Ala., ratified a five-year labor contract Thursday by a margin of 56 percent to 44 percent, the union said.

  • Scrap prices follow copper’s lead as high grades stumble Nov 09, 2007

    U.S. copper scrap prices have nose-dived as demand for raw materials dries up and primary copper on the Comex division of the New York Mercantile Exchange goes into freefall.

  • Brass scrap values average $2.27/pound in military auction Nov 08, 2007

    Brass scrap from artillery shells was valued in a range of $1.89 a pound for material in Louisiana to $2.93 a pound in Illinois in an auction this week of U.S. Defense Department scrap.

  • Waste Management to install Tomra recycling centers in US Nov 08, 2007

    Tomra Systems ASA, Asker, Norway, said Thursday that 15 of its automated recycling centers will be installed in the United States under a cooperative program with Waste Management Inc., the Houston-based waste handler.

  • Chalco plans further expansion of secondary aluminum capacity Nov 08, 2007

    Aluminum Corp. of China Ltd. (Chalco) is increasing its secondary aluminum alloy capacity as it gets ready to commission and then expand its Qingdao project in eastern China's Shandong province and starts to build another facility in the southern province of Guangdong.

  • Most day-shift workers back on the job Wise Nov 08, 2007

    About 73 percent of United Steelworkers union members assigned to the day shift at Wise Alloys LLC reported to work Thursday, the company said, making it almost certain that the Muscle Shoals, Ala.-based aluminum sheet producer will succeed in outsourcing 200 maintenance jobs.

  • Zinc scrap exports reverse course, rise 5% in Aug. Nov 07, 2007

    U.S. zinc scrap exports rose 5 percent in August despite another decline in the tonnage sent to China, the fourth month in a row that shipments to mainland China have declined.

  • Secondary ingot up 1¢/lb.; costs seen driving more gains Nov 07, 2007

    Spot prices for secondary aluminum ingot have generally risen a cent a pound in the past week, although some producers are quoting higher in the belief that the market will soon catch up.

  • Titanium scrap turmoil over, unless you are a consumer Nov 07, 2007

    The titanium scrap market should begin to stabilize in 2008 after this year’s turmoil, a leading scrap executive predicted. But among titanium consumers, the jury is still out.

  • Sims expands UK reach with E.R. Coley buy Nov 07, 2007

    Sims Group Ltd. has added to its scrap processing operations in Europe ahead of putting the final touches on its planned combination with Metal Management Inc. (MMI).

  • Titanium scrap turmoil may be over, or not Nov 07, 2007

    The titanium scrap market should begin to stabilize in 2008 after this year’s turmoil, a leading scrap executive predicted. But among titanium consumers, the jury is still out.

  • Azimow agrees to pay EPA penalty Nov 06, 2007

    The U.S. Environmental Protection Agency (EPA) said Azimow & Culbertson Scrap Co. has agreed to pay a $1,000 penalty to resolve alleged clean-air violations at its now-defunct aluminum smelting facility in Alexandria, Ind.

  • Wise Alloys attains tentative deal to end strike at can sheet plant Nov 06, 2007

    Wise Alloys LLC, Muscle Shoals, Ala., has reached a tentative five-year labor agreement that should allow 330 striking United Steelworkers union members to return to their jobs.

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