Scrap RSS

  • Tokyo Steel’s scrap buying prices sink to 5-month low Oct 16, 2009

    Tokyo Steel Corp. has cut its scrap buying prices for the seventh time in just over two weeks, pulling prices back to levels not seen since mid-May.

  • Harsco signs $100M deal to process Austrian slag Oct 16, 2009

    Harsco Corp. has agreed to handle slag at two Austrian stainless and specialty steel mills in a 10-year deal that is expected to generate as much as $100 million for the mill services provider. The work will be done in collaboration with Germany’s Scholz Recycling AG & Co. KG.

  • OmniSource challenges Indiana state fine Oct 16, 2009

    OmniSource Corp. is asking a county court judge in Indiana to overturn a fine and determination of fault issued in connection with a 2007 chlorine leak at one of its Fort Wayne, Ind., scrapyards.

  • Calif. dealer sues TMG for $150,000 Oct 16, 2009

    A California scrap dealer has filed a breach-of-contract lawsuit against a customer, claiming the buyer refused to take delivery of all the nonferrous scrap agreed to in two contracts and completely refused to pay for another order it accepted.

  • Harsco signs $100M deal to process Austrian slag Oct 16, 2009

    Harsco Corp. has agreed to handle slag at two Austrian stainless and specialty steel mills in a 10-year deal that is expected to generate as much as $100 million for the mill services provider. The work will be done in collaboration with Germany’s Scholz Recycling AG & Co. KG.

  • Calif. scrap dealer sues TMG for $150,000 Oct 16, 2009

    A California scrap dealer has filed a breach-of-contract lawsuit against a customer, claiming the buyer refused to take delivery of all the nonferrous scrap agreed to in two contracts and completely refused to pay for another order it accepted.

  • Steinert US moving headquarters Oct 15, 2009

    Steinert US LLC will move its North American headquarters to Erlanger Ky., from Clearwater, Fla., next month.

  • Military aluminum scrap values increase Oct 15, 2009

    Aluminum ammunition scrap to be generated at Whiteman Air Force Base near Warrensburg, Mo., over the next six months attracted a top bid of 40 cents per pound at a military auction Wednesday.

  • Rail scrap shipments off third week in row Oct 15, 2009

    For the third consecutive week, U.S. scrap loaded into non-intermodal railcars has dropped. Loadings fell to 7,175 carloads in the week ended Oct. 10, off 12.3 percent from 8,179 carloads the previous week and 20.1 percent below the 2009 peak of 8,976 carloads in the week ended Sept. 19.

  • Steady aluminum ingot tags less dispersed Oct 15, 2009

    Secondary aluminum ingot spot prices were generally flat the past week, though some of the cheaper sellers moved their pricing closer to the herd.

  • Shredded exports up sharply in Aug. Oct 15, 2009

    U.S. exports of shredded scrap jumped 42.2 percent in August, led by Chinese steelmakers and foundries whose purchases from the United States so far this year are more than 10 times the year-ago level.

  • Steady secondary aluminum ingot tags less dispersed Oct 15, 2009

    Secondary aluminum ingot spot prices were generally flat the past week, though some of the cheaper sellers moved their pricing closer to the herd.

  • Shredded scrap exports rise sharply in August Oct 15, 2009

    U.S. exports of shredded scrap jumped 42.2 percent in August, led by Chinese steelmakers and foundries whose purchases from the United States so far this year are more than 10 times the year-ago level.

  • Military aluminum scrap values increase Oct 15, 2009

    Aluminum ammunition scrap to be generated at Whiteman Air Force Base near Warrensburg, Mo., over the next six months attracted a top bid of 40 cents per pound at a military auction Wednesday.

  • Calif. container recycling bill veto irks industry Oct 14, 2009

    Container recyclers are fired up over a veto message from California Gov. Arnold Schwarzenegger, who said the state legislature must drastically cut the scope of recycling activities supported by revenue from the state’s beverage container program rather than add new containers to the deposit-fee structure.

  • Titanium scrap receipts flat in 2d qtr: USGS Oct 14, 2009

    U.S. titanium scrap receipts were essentially flat in the second quarter vs. the first quarter, while Australia accounted for the majority of concentrate imports.

  • Copper scrap tags up despite demand sag Oct 14, 2009

    Brass and bronze ingot makers’ scrap prices inched up in concert with those for primary copper during the past week, but little has changed in terms of still-plodding supply/demand fundamentals, market participants said.

  • Calif. container recycling bill veto irks industry Oct 14, 2009

    Container recyclers are fired up over a veto message from California Gov. Arnold Schwarzenegger, who said the state legislature must drastically cut the scope of recycling activities supported by revenue from the state’s beverage container program rather than add new containers to the deposit-fee structure.

  • Copper scrap prices up, but little change in demand seen Oct 14, 2009

    Brass and bronze ingot makers’ scrap prices inched up in concert with those for primary copper during the past week, but little has changed in terms of still-plodding supply/demand fundamentals, market participants said.

  • Scrap separation equipment maker Steinert US to move headquarters to Ky. Oct 14, 2009

    Steinert US LLC (SUS), a leading maker of separation equipment for the scrap metals industry, will move its North American headquarters to Erlanger Ky., from Clearwater, Fla.

  • RSI dispute settled out of court Oct 13, 2009

    Trading company Stanton A. Moss Inc. in Bryn Mawr, Pa., and casting alloy maker Arsham Aluminum Alloys, Houston, have settled out of court in a dispute over a supply deal.

  • Nonferrous exports at 11-month high Oct 13, 2009

    After three months of successive declines, U.S. exports of nonferrous scrap rebounded in August to the highest level since September 2008.

  • Stanton A. Moss, Arsham Aluminum dispute settled out of court Oct 13, 2009

    Trading company Stanton A. Moss Inc. in Bryn Mawr, Pa., and casting alloy maker Arsham Aluminum Alloys, Houston, have settled out of court in a dispute over a supply deal.

  • Nonferrous exports at 11-month high in August Oct 13, 2009

    After three months of successive declines, U.S. exports of nonferrous scrap rebounded in August to the highest level since September 2008.

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