Scrap

  • Aleris sees negative cash flow narrow in Sept. 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.

  • EPA scrutinizing scrapyard CFC lapses Nov 03, 2009

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

  • Indian government delays lifting scrap product ban Nov 02, 2009

    The Indian government has yet to remove its classification of scrap as hazardous, sparking concerns among merchants that imports from Europe will dry up.

  • Locomotive supplier suing Tube City IMS for $200,000 Nov 02, 2009

    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.

  • Taiwan jumps into US lead scrap mart Nov 02, 2009

    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.

  • Letter to the Editor: Study shows need for shared scrap theft prevention Nov 02, 2009

    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.

  • ‘Clunkers’ scrap supply impact seen minimal Nov 02, 2009

    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.

  • Ferrous scrap value rises 18% in military auction Nov 02, 2009

    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.

  • Taiwan jumps into US lead scrap mart Nov 02, 2009

    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.

  • Locomotive supplier suing Tube City IMS for $200,000 Nov 02, 2009

    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.

  • Harsco awarded $100M Italian contract Nov 02, 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.

  • DeAcero to install high-tech shredder at Mexico facility Oct 30, 2009

    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.

  • Aluminum wheel values double Oct 30, 2009

    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.

  • Rail scrap shipments rise 1.9% Oct 30, 2009

    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.

  • TV makers offering Mass. towns recycling rebates Oct 30, 2009

    Some Massachusetts towns will soon be getting rebates to cover the recycling costs for discarded televisions originally made by Panasonic, Sharp, Toshiba and Mitsubishi.

  • Sims MM’s quarterly earnings plunge Oct 30, 2009

    Lower sales and weakening scrap prices sent Sims Metal Management Ltd.’s earnings plunging by 77.1 percent in its first fiscal quarter.

  • Sims Metal Management’s quarterly earnings plunge Oct 30, 2009

    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.

  • Rail scrap shipments rise 1.9% Oct 30, 2009

    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.

  • Aluminum wheel scrap values double Oct 29, 2009

    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.

  • Study hinting scrapyards driving crime draws flak Oct 29, 2009

    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.

  • Three outside directors join China Armco Metals board Oct 29, 2009

    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.

  • Three outside directors join China Armco Oct 29, 2009

    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.

  • Study hinting scrapyards driving crime draws flak Oct 29, 2009

    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.

  • DeAcero to install high-tech shredder at Mexico facility Oct 29, 2009

    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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