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China’s growing aluminum can sheet capacity might be able to absorb around 190 million pounds of used beverage can (UBC) scrap annually by 2011, much of it from the United States, according to Alcoa Inc. executive Gregory Wittbecker.
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Both scrap dealers and steel mill buyers are looking for ferrous prices to go down in October, but some believe the market might reach a floor.
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Both scrap dealers and steel mill buyers are looking for ferrous prices to go down in October, but some believe the market might reach a floor.
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Illinois enacted a manufacturer-funded electronics recycling program earlier this month, which will enable households to discard computers, printers, televisions and other equipment without charge.
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Illinois enacted a manufacturer-funded electronics recycling program earlier this month, which will enable households to discard computers, printers, televisions and other equipment without charge.
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About $2.99 million worth of A380.1 aluminum alloy, warranted for settling London Metal Exchange transactions, arrived into U.S. warehouses on Thursday.
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Shredded aluminum scrap to be generated in Tampa, Fla., over the next 12 months drew a winning bid of $4.5 million in a recent military auction, valuing it at $2.50 a pound.
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Slow demand and a pervasive fear of falling copper prices has led consumers of copper scrap to buy only enough to cover immediate needs, according to market sources.
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Slow demand and a pervasive fear of falling copper prices has led consumers of copper scrap to buy only enough to cover immediate needs, according to market sources.
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China has become the dominant player in the U.S. ferrous scrap export market, though it appears West Coast export yards are reaping all the benefits of that buying.
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About $2.99 million worth of A380.1 aluminum alloy, warranted for settling London Metal Exchange transactions, arrived into U.S. warehouses on Thursday.
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There is no reason to worry about the solvency of American International Group Inc.-owned insurance companies participating in the Institute of Scrap Recycling Industries’ RecycleGuard program, according to George Adams, chairman of ISRI and president of Anaheim, Calif.-based SA Recycling LLC.
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Workers put the final touches on the first North America Workers put the final touches on the first North American-made Lindemann LIS Scrap Shear at Metso Minerals Industries Inc.’s manufacturing facility in Brunswick, Ohio. Two more LIS shears are nearing completion at the new manufacturing plant in northeast Ohio, with one slated to be finished in December and the other in the first quarter of 2009.
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Waste Management Inc.’s recycling unit has pledged to process electronic scrap in accordance with norms defined by environmental advocacy groups.
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There is no reason to worry about the solvency of American International Group Inc.-owned insurance companies participating in the Institute of Scrap Recycling Industries’ RecycleGuard program, according to George Adams, chairman of ISRI and president of Anaheim, Calif.-based SA Recycling LLC.
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Shredded aluminum scrap to be generated in Tampa, Fla., over the next 12 months drew a winning bid of $4.5 million in a military auction Wednesday, valuing the material at $2.50 a pound.
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Aluminum scrap and secondary ingot both registered price declines during the past week, though the pace of the drop has slowed compared with the previous week.
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Aluminum scrap and secondary ingot both registered price declines during the past week, though the pace of the drop has slowed compared with the previous week.
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U.S. exports of No. 1 heavy melt were dragged lower in July for the second consecutive month by a 101,000-tonne decline in shipments to Turkey.
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U.S. exports of No. 1 heavy melt were dragged lower in July for the second consecutive month by a 101,000-tonne decline in shipments to Turkey.
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Waste Management Inc.’s recycling unit has pledged to process electronic scrap in accordance with norms defined by environmental advocacy groups.
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U.S. warehouse holdings of A380.1 aluminum alloys available for settling London Metal Exchange transactions rose 1 percent Tuesday.
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Sims Group Ltd. has acquired the assets of Weinert Recycling Co. Inc., a ferrous and nonferrous scrap metal recycler with operations in Middletown and Liberty, N.Y.
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China is likely to become a significant buyer of U.S. aluminum used beverage can (UBC) scrap, an Alcoa Inc. executive said, citing the expansion of the country’s sheet mill capacity.