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General Motors Co. has told the Steel Manufacturers Association (SMA) that it will consider making subsidy payments for removal of mercury-bearing switches from defunct vehicles whenever the bankruptcy court segment of GM, Motors Liquidation Co. (MLC), exits court supervision.
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The U.S. operations of Aleris International Inc., operating under Chapter 11 court protection, neared positive cash flow in October, according to a financial update filed on Monday.
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Tomra Pacific Inc., which takes back beverage containers under California’s deposit-fee program in 395 locations, said a previously profitable program has dived into a $5.7-million loss for Tomra through August.
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City officials in Windsor, Ontario, are weighing plans to run the Zalev Brothers Co. scrapyard out of their town.
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General Motors Co. has told the Steel Manufacturers Association (SMA) that it will consider making subsidy payments for removal of mercury-bearing switches from defunct vehicles whenever the bankruptcy court segment of GM, Motors Liquidation Co. (MLC), exits court supervision.
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Tomra Pacific Inc., which takes back beverage containers under California’s deposit-fee program in 395 locations, said a previously profitable program has dived into a $5.7-million loss for Tomra through August.
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Commissioners in Shawnee County, Kansas, voted this week to rezone a former agricultural farm, allowing a major auto salvager to move to the site.
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The U.S. operations of Aleris International Inc., operating under Chapter 11 court protection, neared positive cash flow in October, according to a financial update filed on Monday.
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Although not as long as they had hoped, auto recyclers have been granted a “Cash for Clunkers” crushing deadline extension.
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City officials in Windsor, Ontario, are weighing plans to run the Zalev Brothers Co. scrapyard out of their town.
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China Armco Metals Inc., an ore trader that is building a shredder scrapyard in China with help from U.S. investors, posted an $824,181 net loss for the third quarter ended Sept. 30 on sales that rose 33.8 percent to $27.3 million.
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China Armco Metals Inc., an ore trader that is building a shredder scrapyard in China with help from U.S. investors, posted an $824,181 net loss for the third quarter ended Sept. 30 on sales that rose 33.8 percent to $27.3 million.
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Higher ferrous scrap offers from U.S. and European suppliers have led India to cut the tonnage it buys, with just a few small deals done at the higher prices.
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Copper scrap prices continue to hold steady on the back of weak physical demand, even as the primary market flirted with 14-month highs in New York.
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A cargo of Russian ferrous scrap destined for a steel mill in Turkey is now sitting at the bottom of the Azov Sea.
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U.S. non-intermodal car loadings of scrap rose 3.6 percent from the prior week.
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Iron Edge Research analysts have downgraded Schnitzer Steel Industries Inc. to “perform” from “outperform” and lowered their per-share estimates for the company’s fiscal 2010 earnings.
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Copper scrap prices continue to hold steady on the back of weak physical demand, even as the primary market flirted with 14-month highs in New York.
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Commercial Metals Co. (CMC) has been given clearance by a U.S. District Court judge to pursue some of its racketeering charges against three former employees.
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U.S. non-intermodal car loadings of scrap rose 3.6 percent from the prior week.
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Commercial Metals Co. (CMC) has been given clearance by a U.S. District Court judge to pursue some of its racketeering charges against three former employees.
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One cargo of Russian ferrous scrap destined for a steel mill in Turkey won’t make the voyage; it’s now sitting on the bottom of the Azov Sea following a collision with another a ship.
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West Virginia recycler Taylor Iron & Metal has passed a major regulatory hurdle and plans to proceed with construction of a multi-material barge loading and unloading facility along the Ohio River.
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West Virginia recycler Taylor Iron & Metal has passed a major regulatory hurdle and plans to proceed with construction of a multi-material barge loading and unloading facility along the Ohio River.