Scrap

• Calif. nods to dry dock scrapping site Nov 06, 2009

  The Vallejo (Calif.) Planning Commission has approved a request for a dry dock ship repair and dismantling operation to be set up at a former naval base.

• Metalico expecting ferrous scrap demand to slow in 4th quarter Nov 05, 2009

  Metalico Inc. is bracing itself for a slowdown in ferrous scrap demand following a sequential improvement in its third-quarter financial results due to higher selling prices and increased shipments.

• Ferrous scrap export demand up, US lags Nov 05, 2009

  Domestic demand for ferrous scrap might be slowing as the market heads toward the year’s end but export demand, particularly for scrap in containers, is picking up speed.

• PSC returns to black with $1M profit in third quarter Nov 05, 2009

  The scrapyard chain PSC Metals Inc. was profitable in the third quarter following two quarters of losses during the slowdown, according to the quarterly financial results filed by parent Icahn Enterprises LP.

• PSC Metals returns to black with $1M profit in third quarter Nov 05, 2009

  The scrapyard chain PSC Metals Inc. was slightly profitable in the third quarter following two quarters of losses during the slowdown, according to the quarterly financial results filed by parent Icahn Enterprises LP.

• Rail scrap shipments inch higher Nov 05, 2009

  U.S. non-intermodal car loadings of scrap totaled 7,952 for the week ended Oct. 31, up 0.4 percent week on week and 0.7 percent year on year, according to the most recent data from the Association of American Railroads.

• Harsco enters Lucchini pact Nov 05, 2009

  Harsco Corp. has agreed to provide on-site services for Italy’s second-largest steel operation under a 10-year contract valued at more than $100 million.

• NYC electronics ordinance faces court test Nov 05, 2009

  New York City’s electronics recycling ordinance, which requires manufacturers to pay for the pickup of devices weighing 15 pounds or more at homes and small businesses, will be considered at a federal court hearing Dec. 18.

• Scrap ordinances expand in Maryland, Tennessee Nov 05, 2009

  A local council in Maryland has enacted a scrap metal ordinance, while a Tennessee city is planning to expand its existing ordinance.

• Peck joins EPA list of Superfund sites Nov 05, 2009

  A former scrapyard was one of two metals sites added to the Superfund National Priorities List (NPL) this week by the U.S. Environmental Protection Agency (EPA), which also signed a consent order with a Cleveland recycler to halt release of ozone-depleting refrigerants into the air.

• Scrap ordinances expand in Maryland, Tennessee Nov 05, 2009

  A local council in Maryland has enacted a scrap metal ordinance, while a Tennessee city is planning to expand its existing ordinance.

• NYC electronics ordinance faces court test Nov 05, 2009

  New York City’s electronics recycling ordinance, which requires manufacturers to pay for the pickup of devices weighing 15 pounds or more at homes and small businesses, will be considered at a federal court hearing Dec. 18.

• Peck Iron & Metal joins EPA priorities list of Superfund sites Nov 05, 2009

  A former scrapyard was one of two metals sites added to the Superfund National Priorities List (NPL) this week by the U.S. Environmental Protection Agency (EPA), which also signed a consent order with a Cleveland recycler to halt release of ozone-depleting refrigerants into the air.

• Metal Exchange Corp. sues ABN for refund of payments Nov 04, 2009

  Metal Exchange Corp. has accused specialty copper recycler ABN Commodities of breach of contract for the alleged non-payment of $170,000 in refunds.

• Aluminum scrap softens but ingot remains steady Nov 04, 2009

  Smelter-grade aluminum scrap is starting to soften, although market participants differ on whether the bearishness has led yet to widespread price changes.

• US stainless scrap exports jump 16% Nov 04, 2009

  Record shipments to China helped boost U.S. exports of stainless steel scrap by 16 percent in August.

• US stainless scrap exports jump 16% in Aug. Nov 04, 2009

  Record shipments to China helped boost U.S. exports of stainless steel scrap by 16 percent in August.

• Aluminum scrap softens but ingot remains steady Nov 04, 2009

  Smelter-grade aluminum scrap is starting to soften, although market participants differ on whether the bearishness has led yet to widespread price changes.

• Metal Exchange Corp. sues ABN Commodities for refund of payments Nov 04, 2009

  Metal Exchange Corp. has accused specialty copper recycler ABN Commodities of breach of contract for the alleged non-payment of $170,000 in refunds.

• Copper scrap tags sink as China stays out of market Nov 04, 2009

  As November takes hold, Chinese buyers continue to sit out of the U.S. copper scrap market, giving domestic consumers the opportunity to get their hands on material at refreshingly lower prices.

• Tokyo Steel reverses course, ups scrap buying prices 8% Nov 03, 2009

  Tokyo Steel Manufacturing Co. Ltd. has raised its scrap buying tags for the first time since mid-September as Chinese buyers start to return to the market.

• Ferrous scrap value rises 18% in auction Nov 03, 2009

  An auction of ferrous scrap to be generated at the Anniston Army Depot in Alabama over the next six months drew a winning bid of $580,500, valuing the material at $178.79 per long ton, up 18 percent from a similar auction in April.

• Aleris sees negative cash flow narrow Nov 03, 2009

  The domestic operations of Aleris International Inc., under Chapter 11 court protection, posted negative cash flow for a third consecutive month in September, although the negative tally narrowed by 30.6 percent vs. August.

• CFC lapses by scrapyards spark stricter EPA scrutiny Nov 03, 2009

  Midwest recyclers handling appliances and vehicles face stiffer environmental enforcement of their handling of refrigerant chemicals.