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Electronic scrap sales by the U.S. Defense Department fetched $584,000 from a single buyer for hard drives and desktop computers.
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Barrie Metals Group, Barrie, Ontario, has sold a one-third interest in its electronics recycling arm to Irish investment group One51 Plc.
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Exide Technologies Inc. has until the end of the year to install new wastewater treatment equipment at its Muncie, Ind., lead smelter or pay the additional $49,800 civil penalty imposed by Indiana’s environmental regulators.
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Schnitzer Steel Industries Inc., Portland, Ore., is exporting more ferrous scrap in containers and plans to add new equipment to facilitate the loading of containers at its export yards.
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Schnitzer Steel Industries Inc., Portland, Ore., is exporting more ferrous scrap in containers and plans to add new equipment to facilitate the loading of containers at its export yards.
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Higher costs trimmed Schnitzer Steel Industries Inc.’s fiscal fourth-quarter net income to $38 million, down 24.4 percent from $50.2 million in the same period last year despite a 23.8-percent increase in sales to $748.5 million.
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U.S. exporters sold two ferrous scrap cargoes to Turkish steelmakers last week, boosting prices between $2 and $3 a tonne, although much of the gain likely will be eaten up by higher ocean freight rates.
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U.S. copper scrap prices have bounced back on continuing tight supplies and firming prices for primary metal on the Comex division of the New York Mercantile Exchange.
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Jim Mejia, a veteran California recycling executive, has joined Redemtech Inc., Columbus, Ohio, as head of its environmental advisory practice.
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Jim Mejia, a veteran California recycling executive, has joined Redemtech Inc., Columbus, Ohio, as head of its environmental advisory practice.
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Spectro Alloys Corp. has agreed to pay a $70,923 penalty to settle alleged clean-air violations at the company’s secondary aluminum smelter in Rosemount, Minn.
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A former Fort Wayne, Ind., city employee has been charged with selling more than $6,000 worth of the city’s stainless steel scrap and pocketing the cash.
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Russia’s ferrous scrap exports will fall 23 percent to 9.5 million tonnes in 2007 from 12.34 million tonnes last year, according to Roman Genkel of Russian scrap processor Mair Group.
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Atlas Metal & Iron Corp. is installing Scrap Boss, a transportation management system, at its Denver, Colo., yard.
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The U.S. Environmental Protection Agency’s (EPA) Region 5 office said Friday that it has reached an agreement with Spectro Alloys Corp. on alleged clean-air violations at the company's secondary aluminum smelter in Rosemount, Minn.
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U.S. copper scrap prices have bounced back on continuing tight supplies and firming prices for primary metal on the Comex division of the New York Mercantile Exchange.
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A former Fort Wayne, Ind., city employee has been formally charged with selling more than $6,000 worth of the city’s stainless steel scrap and pocketing the cash.
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Atlas Metal & Iron Corp. is installing Scrap Boss, a transportation management system, at its Denver, Col., yard.
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Metalico Inc., Cranford, N.J., saw third-quarter net income more than double to $5.3 million on sales that rose 84.5 percent to $102.1 million.
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The Caribbean island nation of Jamaica plans to require export licenses for scrap metals.
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The growth in containerized exports of ferrous scrap has undermined the efforts of major scrap exporters to pass along record-high bulk freight rates to their offshore customers, Jeremy Sutcliffe, chief executive officer of Sims Group Ltd., said.
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Metalico Inc. reported third-quarter net income of $5.3 million, more than double the year-earlier quarter, on sales that rose 84.5 percent to $102.1 million.
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A buyer offering nearly $1.13 million to the U.S. Defense Department won the rights to mixed ferrous scrap to be generated in Alabama over the next year, an implicit value of $185.13 a long ton.
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The decision by Aleris International Inc., Beachwood, Ohio, to close smelters in Canada and Mexico will eliminate most of the duplication left by Aleris’ acquisition of Wabash Alloys LLC, market observers said Wednesday.