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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.
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Midwest recyclers handling appliances and vehicles face stiffer environmental enforcement of their handling of refrigerant chemicals.
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The Indian government has yet to remove its classification of scrap as hazardous, sparking concerns among merchants that imports from Europe will dry up.
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A company that supplies locomotives and provides maintenance services is suing Tube City IMS LLC, along with International Mill Service Inc. and other affiliates, for alleged breach of contract related to locomotive maintenance.
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A Taiwan company made a rare but large buy of U.S. lead scrap in August, ranking the country third among the month’s foreign destinations.
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To the Editor: AMM’s Oct. 30 story, “Study hinting scrapyards driving crime draws flak,” highlights a study by University of Indianapolis Prof. Kevin Whiteacre, whose research statistically confirming a relationship between the presence of scrapyards and the metal theft rate is the first solid data available pointing to the scrap industry’s role as a stakeholder in curbing metal theft crime.
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The “Cash for Clunkers” program will have very little material impact on the scrap supply system, two mill buyers said Monday at AMM’s Steel Scrap and Raw Materials conference in Charlotte, adding that they also expect next year to be a welcome improvement over 2009.
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A six-month auction deal for ferrous scrap drew a winning bid of $580,500 for material from an Alabama military base, valuing the recyclables at $178.79 per long ton, up 18 percent from April.
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A Taiwan company made a rare but large buy of U.S. lead scrap in August, ranking the country third among the month’s foreign destinations.
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A company that supplies locomotives and provides maintenance services is suing Tube City IMS LLC, along with International Mill Service Inc. and other affiliates, for alleged breach of contract related to locomotive maintenance.
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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.
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Mexican steel products supplier DeAcero SA de CV has purchased a new shredder with an extensive downstream sorting system to process both ferrous and nonferrous metals.
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The auction value of aluminum wheel scrap has doubled to 49 cents per pound within five months at Red River Army Depot in Hooks, Texas. The previous value was 24 cents per pound.
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U.S. non-intermodal car loadings of scrap increased by 1.9 percent week on week to stand at 7,919, according to the most recent data from the Association of American Railroads.
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Some Massachusetts towns will soon be getting rebates to cover the recycling costs for discarded televisions originally made by Panasonic, Sharp, Toshiba and Mitsubishi.
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Lower sales and weakening scrap prices sent Sims Metal Management Ltd.’s earnings plunging by 77.1 percent in its first fiscal quarter.
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Lower sales and weakening scrap prices sent Sims Metal Management Ltd.’s earnings plunging by 77.1 percent in the company’s first fiscal quarter.
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U.S. non-intermodal car loadings of scrap have risen by 1.9 percent week on week to stand at 7,919, according to the latest data from the Association of American Railroads.
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The auction value of aluminum wheel scrap has doubled to 49 cents per pound within five months at Red River Army Depot in Hooks, Texas. The previous value was 24 cents per pound.
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A university study suggesting that there is a direct correlation between scrap operations and crime drew some harsh criticism from at least one industry player.
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China Armco Metals Inc., which is constructing a scrapyard in China’s Jiangsu province, has expanded its board of directors to include a Canadian consultant who will head the company’s audit committee.
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China Armco Metals Inc., which is constructing a scrapyard in China’s Jiangsu province, has expanded its board of directors to include a Canadian consultant who will head the company’s audit committee.
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A university study suggesting that there is a direct correlation between scrap operations and crime drew some harsh criticism from at least one industry player.
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Mexican steel products supplier DeAcero SA de CV has purchased a new shredder with an extensive downstream sorting system to process both ferrous and nonferrous metals.