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U.S. nonferrous scrap exports rose in August thanks to a strong boost from aluminum and copper scrap sales
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Competition for scrap is changing the rules of the game as market players face the challenges of securing supply, price volatility, export opportunities and residual content of copper, according to a panel at AMM’s Scrap and Scrap Substitutes Conference in Philadelphia.
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Competition for scrap is changing the rules of the game as market players face the challenges of securing supply, price volatility, export opportunities and residual content of copper, according to a panel at AMM’s Scrap and Scrap Substitutes Conference in Philadelphia.
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Volatile scrap prices could be here to stay, given the expected long-term strength of the Turkish and Chinese export markets, executives said at AMM’s Scrap and Scrap Substitutes Conference.
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Volatile scrap prices could be here to stay, given the expected long-term strength of the Turkish and Chinese export markets, executives said at AMM’s Scrap and Scrap Substitutes Conference.
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Paced by record shipments of nonferrous scrap, Schnitzer Steel Industries Inc.’s net income soared in its fiscal fourth quarter. And while ferrous scrap volumes slipped slightly, the metals recycler looks for exports to support a rise in shipments in the current quarter.
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Paced by record shipments of nonferrous scrap, Schnitzer Steel Industries Inc.’s net income soared in its fiscal fourth quarter. And while ferrous scrap volumes slipped slightly, the metals recycler looks for exports to support a rise in shipments in the current quarter.
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Sims Metal Management Ltd. is warning shareholders to expect a plunge in profits when it reports its quarterly results next week, blaming much of the decline on the weakness in the North American ferrous scrap market.
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Sims Metal Management Ltd. is warning shareholders to expect a plunge in profits when it reports its quarterly results next week, blaming much of the decline on the weakness in the North American ferrous scrap market.
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Competition for scrap is changing the rules of the game as market players face the challenges of securing supply, price volatility, export opportunities and residual content of copper, according to a panel at AMM’s Scrap and Scrap Substitutes Conference in Philadelphia.
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Competition for scrap is changing the rules of the game as market players face the challenges of securing supply, price volatility, export opportunities and residual content of copper, according to a panel at AMM’s Scrap and Scrap Substitutes Conference in Philadelphia.
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Chinese buying of high-grade copper scrap has pulled back, giving European buyers the opportunity to return to the U.S. market to buy at ever-larger discounts to primary copper prices.
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Chinese buying of high-grade copper scrap has pulled back, giving European buyers the opportunity to return to the U.S. market to buy at ever-larger discounts to primary copper prices.
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Chinese buying of high-grade copper scrap has pulled back, giving European buyers the opportunity to return to the U.S. market to buy at ever-larger discounts to primary copper prices.
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Chinese buying of high-grade copper scrap has pulled back, giving European buyers the opportunity to return to the U.S. market to buy at ever-larger discounts to primary copper prices.
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Turkish ferrous scrap import prices have increased after six weeks of declines as mills there bought higher priced cargoes in the last couple of days, market participants said Wednesday.
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Turkish ferrous scrap import prices have increased after six weeks of declines as mills there bought higher priced cargoes in the last couple of days, market participants said Wednesday.
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Spot sales in the U.S. lead market have slowed as consumers are increasingly wary of the high price even as demand from lead-acid battery makers is said to be strengthening
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Spot sales in the U.S. lead market have slowed as consumers are increasingly wary of the high price even as demand from lead-acid battery makers is said to be strengthening
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Volatile scrap prices could be here to stay, given the expected long-term strength of the Turkish and Chinese export markets, executives said at AMM’s Scrap and Scrap Substitutes Conference.
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Volatile scrap prices could be here to stay, given the expected long-term strength of the Turkish and Chinese export markets, executives said at AMM’s Scrap and Scrap Substitutes Conference.
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The ferrous scrap markets will strengthen toward the end of the year and into 2011 due to export demand and a possible squeeze on supply if inflows into scrapyards remain low, according to panelists at AMM’s Scrap and Scrap Substitutes Conference.
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The ferrous scrap markets will strengthen toward the end of the year and into 2011 due to export demand and a possible squeeze on supply if inflows into scrapyards remain low, according to panelists at AMM’s Scrap and Scrap Substitutes Conference.
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Consolidation in the scrap industry won’t remove the need for small- to mid-sized scrap operations, which might benefit from strong customer relationships and more flexibility in negotiating prices than their larger rivals, a panel of suppliers said at AMM’s Scrap and Scrap Substitutes conference in Philadelphia.