Scrap

• Mill-grade aluminum scrap prices decline Oct 23, 2012

  Free-market aluminum scrap prices dropped on certain grades following further declines in London Metal Exchange pricing, with many buyers continuing to report little interest from sellers.

• Free-market twitch prices up on demand, tight scrap mart Oct 23, 2012

  Free-market twitch prices have risen by a penny despite recent drops in London Metal Exchange prices, with market participants citing tight scrap flows and strong demand.

• China boosts Brazil’s copper scrap exports in September Oct 23, 2012

  Brazil’s copper waste and scrap exports jumped to 2,458 tonnes last month, more than five times the 489 tonnes exported in September 2011, according to information from the Brazilian trade ministry.

• Mo. recyclers file lawsuit to block Obamacare Oct 22, 2012

  The owners of a Missouri-based scrap metal conglomerate have sued the U.S. government, claiming that the Affordable Care Act violates their freedom of religion.

• ZincOx to build Russia EF dust recycling plant Oct 22, 2012

  ZincOx Resources Plc has entered into a joint-venture agreement to build a steel dust recycling plant in Russia with Magnezit Group Ltd. subsidiary Ural-Recycling LLC.

• RSR opposes changes to battery shipping laws Oct 22, 2012

  RSR Corp. opposes proposed changes to the laws governing the shipment of lead-acid batteries even though the Battery Council International (BCI) has described the revisions as "favorable."

• Yard owner indicted in four-year theft scheme Oct 22, 2012

  The owner of Right-Now Recycling Inc. is among nine men indicted in an alleged scheme that involved the theft of copper from a electric and gas company, then reselling it out of state.

• Wise Recycling promotes two execs in Fla. Oct 22, 2012

  Wise Recycling LLC has named Harold Stone as general manager of its Pensacola, Fla., facility, while Shane Queysen has been promoted to Stone’s former position as plant manager.

• Allied files suit against Harvey Industries Oct 19, 2012

  Allied Metal Co. has filed a lawsuit against Harvey Industries LLC alleging that the company has failed to pay at least $563,709 in outstanding invoices.

• Alcoa names top 10 N. American scrap suppliers Oct 19, 2012

  Alcoa Inc. has named its top 10 North American aluminum scrap suppliers for 2012, with Louis Padnos Iron & Metal Co. making its way onto the list for the first time.

• Copper, brass scrap ‘bouncing along’ Oct 19, 2012

  Lack of activity kept copper scrap spreads largely unchanged and brass prices stable this past week, even as exchange prices were volatile, sources told AMM.

• US ferrous scrap exports rise 7.4% in Aug. Oct 19, 2012

  U.S. ferrous scrap exports rose 7.4 percent in August despite a sharp drop in demand from China and Turkey.

• Aluminum alloy prices drop, sellers hold on to scrap Oct 19, 2012

  Free-market aluminum alloy prices have weakened slightly along with some secondary scrap grades, with many buyers reporting difficulty in purchasing scrap this past week on depressed London Metal Exchange pricing.

• BB Metals lands shipbreaking job Oct 19, 2012

  In its first government contract, BB Metals Enterprises Inc. will dismantle a 455-foot retired U.S. Navy ship and resell its steel on behalf of the U.S. Department of Transportation’s Maritime Administration.

• DJJ unit gets OSHA safety award Oct 19, 2012

  A subsidiary of David J. Joseph Co. is the first operation in the company’s stable of scrap assets to earn the Safety and Health Achievement Recognition Program (Sharp) title.

• Ind. recycler to process vehicles Oct 19, 2012

  Walden Transport & Recycle has been issued a permit to process vehicles at its Crawfordsville, Ind., facility.

• Ala. county nixes scrapyard plan Oct 19, 2012

  Officials in Jefferson County, Ala., have voted against rezoning a parcel in Birmingham, Ala., to allow a metals processing, recycling and distribution facility to open.

• SSAB removes raw materials extra Oct 19, 2012

  SSAB Americas will eliminate its raw materials surcharge for spot and contract orders in November, citing falling scrap prices.

• Small-scale expansions on deck for SDI, execs say Oct 18, 2012

  Steel Dynamics Inc. anticipates about $150 million in capital expenditures in 2013, and while most of the outlay will go to underwrite already-scheduled projects, there may be room for smaller-scale merger-and-acquisition activity, executives said.

• Wis. recyclers to push for new battery law Oct 18, 2012

  Wisconsin-based lead-acid battery recyclers will push for a new battery recycling law when the state legislature resumes in January.

• Ferrous scrap hits inflection point: OmniSource Oct 18, 2012

  Ferrous scrap prices could be nearing a rebound after facing recent downward pressure due to smaller appetites from domestic and offshore buyers, according to the top executive at Steel Dynamics Inc. (SDI).

• Supply of US scrap to China said tightening Oct 18, 2012

  U.S. scrap supplies from the West Coast have tightened up ahead of winter, and prices are expected to climb as a result.

• DJJ subsidiary seeks limestone mining permit Oct 18, 2012

  A David J. Joseph Co. (DJJ) subsidiary has sought permission to operate a surface mine in Missouri in order to expand the processing area at one of its auto-shredding facilities.

• Car crash won’t stop recycler's expansion Oct 17, 2012

  A Florida scrap metal recycler’s expansion plans won’t be impacted by an accident at the site in which a motorist drove a car through the company’s offices.