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U.S. East Coast ferrous scrap exporters have set the market on fire this week by dropping prices to secure sales with Turkish buyers, who had refused to bow to demands for higher prices.
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Minnesota recycler Wadena Hide & Fur Co. is upgrading its facilities in the wake of a damaging 2010 tornado.
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Upstate Shredding LLC-Ben Weitsman & Son Inc. has hired two scrap industry veterans—one to handle its commercial accounts and the other to manage a new megashredder being installed at its Rochester, N.Y., scrapyard.
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Maryland recycler Reliable Recycling Center will move to the site of a former scrapyard after outgrowing its existing location.
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Tube City IMS Corp. has opened a trading office in Nashville, Tenn., naming Todd Minnier as manager of the new office.
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Fragmentiser feed (5C) scrap prices in the UK have fallen consistently over the past month as export demand for the processed material wanes, merchants told MB
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UK aluminium scrap prices fell again on Wednesday, with purer grades following London Metal Exchange primary aluminium downwards and commercial grades suffering from softer demand
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MB’s Daily Ferrous Scrap Index cfr Iskenderun fell to $427.67 on an HMS 1&2 (80:20) basis on Wednesday, down from $431.49 on Tuesday, as European prices showed further signs of falling
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U.S. exports of No. 1 heavy melting steel scrap topped the 1-million-tonne mark in August for the first time.
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U.S. Shredder & Castings Group said it has partnered with Brazil-based Secta International to begin marketing, engineering, manufacturing and servicing the scrap metal shredder market in Brazil and other parts of South America.
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Vermont Superior Court has ordered a former junkyard owner to clean up the Milton, Vt., site where he operated a scrap and auto dismantling yard.
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Illinois recycler Forest City Recycling & Recovery has been shut down by local law enforcement agencies for allegedly operating without a special use permit.
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A judge has granted a northwest Indiana scrap metals recycler and processor more time to answer a complaint that seeks to appoint a receiver to oversee the company.
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Sellers have cut ferrous scrap offer prices again this week, trying to attract buyers back into the market before the Diwali holiday starts on October 26, market participants told MB
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MB’s Daily Ferrous Scrap Index cfr Iskenderun fell to $431.49 on an HMS 1&2 (80:20) basis on Tuesday, down from $435.49 on Monday, as deals from Europe lowered the index price
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Ferrous scrap exporters are hoping that two recent sales to Turkey are a sign of things to come in a market where lagging offshore demand has left iron and steel scrap piling up at some major players’ yards, although concerns remain over price weakening on the domestic front in the coming months.
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Nonferrous scrap exports, boosted by stronger offshore sales of copper and aluminum, surged to a more-than-three-year high in August.
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Atlanta’s city council is mulling two proposed recycling operations—Greater Atlanta Towing & Transport LLC and Stone Metal LLC.
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Stena Recycling has gained approval from the German competition authorities for the takeover of Uniscrap’s Grenaa ferrous scrap operation in Denmark, Stena confirmed
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Tube City IMS Corp.’s mill services unit has earned 46 safety awards from the National Slag Association (NSA).
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MB’s Daily Ferrous Scrap Index cfr Iskenderun rose to $435.49 on an HMS 1&2 (80:20) basis on Monday, from $434.58 on Friday, as deals from the USA showed scrap prices to Turkey firming
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Environmental group Basel Action Network (BAN) has called for a closer look at what the Institute of Scrap Recycling Industries (ISRI) calls "commodity-grade" scrap.
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Eighteen people were arrested in the past week in a metal thefts crackdown, resulting in 123 criminal charges being filed.
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An attempt to update laws impacting scrap metal dealers in Sarasota County, Fla., is already drawing flak from recyclers.