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The U.S. electronics recycling industry treated about 3.5 million tons of electronic scrap in 2010, garnering an estimated $5.2 billion in revenue, International Data Corp. (IDC) said in a report released Wednesday.
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An Alabama auto wrecking and recycling yard’s owners are facing 99 felony charges for allegedly running a large chop shop, with additional charges expected to result from investigations initiated by an array of authorities.
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Aleris International Inc. has promoted Roeland Baan and K. Alan Dick to oversee its global rolled products and recycling divisions.
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Prices for ferrous scrap imported into Spain dropped this week on a fall in its domestic market due to poor demand, following the shutdowns of ArcelorMittal’s Sestao and Madrid works, as well expectations of price declines in other European countries
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Lower ex-Europe scrap offer prices to Turkish buyers saw Wednesday’s MB Daily Ferrous Scrap Index cfr Iskenderun fall to $459.40 on an HMS 1&2 (80:20) basis, down from $460.24
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Spanish mills have dropped their buying price for all grades of domestic ferrous scrap by €15 ($20) per tonne for October deliveries as demand remains weak, sources in the country told MB
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Southeast Asian buyers are staying away from ferrous scrap imports for a fourth week on weak demand
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Tokyo Steel, Japan's largest electric arc furnace operator, has reduced its scrap purchase prices for the third time in a matter of days amid lacklustre demand
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Six men have been accused of stealing copper, possibly for as long as three years, from Olin Brass Corp.
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Secondary aluminum prices continued to tumble this week, taking cues from a lower terminal market amid concerns about the overall economy.
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Robert Waxman, a former Philip Services Corp. executive convicted of defrauding the scrap company of millions of dollars through a series of bogus copper trades, offered the company and its shareholders an apology Friday in Ontario Superior Court on the third and final day of his pre-sentencing hearing.
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Two aluminum recyclers have cleared the final hurdle in their five-year battle to build a 95-acre salt cake landfill in Mount Pleasant, Tenn.
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Major ocean shipping lines plan to hike rates in November on containerized scrap shipments from the West Coast.
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Tuesday's MB Daily Ferrous Scrap Index cfr Iskenderun was unchanged at $460.24 on an HMS 1&2 (80:20) basis as Turkish buyers remained out of the deep-sea market
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Prices for shredded ferrous scrap imports into India were unchanged this week, as weak demand and the unfavourable rupee-dollar exchange rate for buyers hampered sales
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U.S. East Coast bulk ferrous scrap export prices are expected to fall $10 per tonne this week as a standoff between buyers and exporters continues.
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Sims Metal Management Ltd. has acquired S3 Interactive Ltd., which specializes in recovering end-of-life and defective mobile devices from manufacturers’ warranty and non-warranty service providers.
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OmniSource Corp. has locked out workers at three scrapyards after negotiations between the Steel Dynamics Inc.-owned recycling chain and its labor union reached a stalemate.
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EMR/Smith Industries LLC has purchased a Salisbury, Md., scrapyard in what appears to be an effort to lock up more feedstock.
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Mid City Steel Corp. will spend $3.7 million to establish a second facility in Westport, Mass.
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OmniSource Corp. has locked out workers at three scrapyards after negotiations between the Steel Dynamics Inc.-owned recycling chain and its labor union reached a stalemate.
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Alabama recyclers are gearing up for a fight with a local lawmaker, who intends to introduce a bill that would impose a tag-and-hold requirement on materials and increase penalties for those convicted of scrap metals theft.
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The American Foundry Society (AFS) has slammed the U.S. Environmental Protection Agency for proposing new regulations on greenhouse gas emissions despite the group’s belief that foundry-owned landfills are trivial emitters.
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MB’s Daily Ferrous Scrap Index cfr Iskenderun fell slightly on Monday to $460.24 on an HMS 1&2 (80:20) basis, from $463.70 on Friday, on expectations of scrap prices retreating in the near-term