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The legislators of Dutchess County, N.Y., voted Thursday evening to shorten the proposed tag-and-hold period for nonferrous metal at scrapyards to two days from the original five.
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Sims-Metal Management Inc. has sent e-mails to many of its industrial scrap suppliers canceling the formulas used to pay for scrap collected at the company’s plants due to a steep drop in demand.
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Alter Trading Corp. has named Greg O’Leary facility manager of its Anoka, Minn., scrapyard, which it acquired earlier this year.
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Tube City IMS LLC, a service provider to steel mills and foundries that’s heavily involved in scrap, said Thursday it signed a strategic cooperation agreement with Beijing-based Sinosteel Corp.
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Sims Group has suspended its nonferrous scrap buying in Australia due to rapid price falls that have shaken the market.
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Volkswagen AG and BMW AG have delayed receipt of fourth-quarter ingot deliveries until the first quarter next year, secondary ingot market sources said.
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Alter Trading Corp. has named Greg O’Leary facility manager of its Anoka, Minn., scrapyard, which it acquired earlier this year.
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Brass scrap auctioned off from seven U.S. military bases this week averaged $1.02 a pound, far below the $1.54 average achieved as recently as Oct. 7.
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Spot market prices for A380.1 aluminum alloy ingot have fallen an average of 7.7 percent in the past week and are off an average of 19 percent in the past month, with further declines seemingly inevitable.
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A coalition of electronics manufacturers has launched its Oregon takeback program nearly three months ahead of the statutory startup date.
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Spot market prices for A380.1 aluminum alloy ingot have fallen an average of 7.7 percent in the past week and are off an average of 19 percent in the past month, with further declines seemingly inevitable.
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A coalition of electronics manufacturers has launched its Oregon takeback program nearly three months ahead of the statutory startup date.
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European ferrous scrap merchants and traders are “getting desperate to move material” as mills cut their scrap intake and prices continue to fall.
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A tag-and-hold ordinance looms for scrapyards in New York’s Dutchess County, adjacent to the Hudson River with Poughkeepsie as its anchor.
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KT Recycling, a Tampa, Fla.-based scrapyard specializing in demolition debris, is preparing to open a facility in Macon, Ga.
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The value of aluminum scrap at smelters has slipped further in the past week, with mixed low-copper clips down 6 cents a pound and old sheet and cast off by 9 cents a pound.
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Kevin L. Brown has joined Aleris International Inc. as executive vice president and chief financial officer.
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Kevin L. Brown has joined Aleris International Inc. as executive vice president and chief financial officer.
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KT Recycling, a Tampa, Fla.-based scrapyard specializing in demolition debris, is preparing to open a facility in Macon, Ga.
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The value of aluminum scrap at smelters has slipped further in the past week, with mixed low-copper clips down 6 cents a pound and old sheet and cast off by 9 cents a pound.
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A tag-and-hold ordinance looms for scrapyards in New York’s Dutchess County, adjacent to the Hudson River with Poughkeepsie as its anchor.
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Purchases of U.S. ferrous scrap by Chinese buyers are drying up as economic conditions worsen around the world, sources in China said.
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Like many companies, recycler Metalico Inc. saw its lowest stock price in 52 weeks Friday but the day ended with a 32-percent rebound.
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Like many companies, recycler Metalico Inc. saw its lowest stock price in 52 weeks Friday but the day ended with a 32-percent rebound.