• Containerized scrap export prices to India dip Dec 07, 2012

    U.S. export prices for containerized ferrous scrap softened slightly this past week as mills in India and some Far East Asian countries continued to battle weak regional markets for finished products.

  • CFTC must protect commodities customers: ISRI Dec 07, 2012

    The Institute of Scrap Recycling Industries has asked the Commodity Futures Trading Commission (CFTC) to give commodities customers the option to opt out of granting futures commission merchants access to their funds for investment purposes.

  • Global Recycling shuts, seeks to liquidate Dec 07, 2012

    Global Recycling Inc. has ceased operations and plans to liquidate following a failed attempt to merge with another company.

  • Aluminum alloy prices reported stable Dec 07, 2012

    Free-market aluminum alloy prices were stable Thursday as producers attempted to push prices back to a profitable level but continued to be undercut by lower quotes.

  • New bulk scrap sale to Turkey said concluded Dec 06, 2012

    A U.S. ferrous scrap exporter has reportedly concluded a bulk sale with Turkey for a vessel carrying only heavy melt.

  • Secondary aluminum alloy capacity rise unlikely Dec 06, 2012

    Secondary aluminum alloy producers say that idled capacity is unlikely to be brought back online until the market becomes more profitable, despite a rise in light vehicle sales that is expected to give the sector a boost.

  • Sims expands e-cycling with Genesis acquisition Dec 06, 2012

    Sims Metal Management Ltd. has completed its acquisition of a Canadian electronics recycling company, barely three months after a buy in Maryland, the company said Thursday.

  • Metro Metals buys out Colorado shredder Dec 06, 2012

    Metro Metals Northwest Inc. has purchased Colorado mega-shredder All Recycling Inc.

  • DJJ halts shredder at RMR operations in Ky. Dec 06, 2012

    David J. Joseph Co. (DJJ) has halted a shredder at one of its facilities in Kentucky.

  • Scrap settles sideways in Midwest, other hubs Dec 05, 2012

    Steel mills in Chicago, St. Louis and other major steelmaking regions, including parts of the Ohio Valley and Mid-Atlantic, saw no change in ferrous scrap prices this month as sellers refused to consider weaker offers despite diminished demand from several mills.

  • Benson Metal, Simsmetal settle pollution complaint Dec 05, 2012

    A water pollution complaint against Benson Metal Corp. of Brooklyn, N.Y., and Simsmetal East LLC over scrap metal that fell into a local waterway has been settled.

  • Exide Reading plant operating amid permit issue Dec 05, 2012

    Exide Technologies said production at the company’s Reading, Pa., lead battery recycling plant has not been impacted by a recent court ruling that remanded the facility’s air permit back to the Pennsylvania Department of Environmental Protection (DEP).

  • Scrap lead battery prices fall by 2¢/lb. Dec 05, 2012

    Free-market scrap lead battery prices have fallen another 2 cents per pound, with further drops forecast by market sources, while other lead scrap grades moved up along with gains on the London Metal Exchange.

  • AMR acquires Missouri recycler Dec 05, 2012

    Advantage Metals Recycling LLC (AMR) has purchased a scrap metal processing facility and a used auto parts store in Missouri.

  • Detroit scrap mart flat as other cities fight on Dec 04, 2012

    Steel mills in the Detroit region have concluded the bulk of December scrap trade at the same price levels recorded in November, a trend some say suggests other regions could also see flat pricing when their markets settle later this week.

  • Private equity firm Audax makes scrap play Dec 04, 2012

    A large private equity firm is poised to enter the scrap market with its proposed acquisition of a Philadelphia scrap processor.

  • Blase brothers to open shredder in Georgia Dec 04, 2012

    The former owners of Blaze Recycling & Metals Inc. are setting up a new recycling and auto shredding business near Atlanta after a noncompete clause from the 2007 sale of Blaze to a private equity group expired in July.

  • Upstate Shredding signs lease for NY port facility Dec 04, 2012

    Upstate Shredding LLC-Ben Weitsman & Son Inc. has signed a lease for a proposed port facility in Albany, N.Y., moving it a step closer to selling scrap directly to overseas markets, a company executive said.

  • Alter Trading continues expansion in Midwest Dec 04, 2012

    Alter Trading Corp. has acquired a large warehouse in Illinois and completed a greenfield expansion as it targets rapid growth in the state, AMM understands.

  • Calif. recycler DEI Metals files for Ch. 7 Dec 04, 2012

    California recycler DEI Metals Inc. has filed for Chapter 7 bankruptcy liquidation.

  • Stainless scrap pricing follows nickel higher Dec 04, 2012

    Stainless scrap prices have risen on the back of higher nickel prices on the London Metal Exchange.

  • Aaron Ferer agrees to pay $500,000 for EPA cleanup Dec 04, 2012

    Aaron Ferer & Sons Co. will pay $500,000 as part of a consent agreement covering the company’s former lead battery recycling plant in Omaha, Neb.

  • Deox price sags despite scrap gains Dec 04, 2012

    Producers of deoxidized aluminum have expressed frustration at a decoupling in spot sales prices from scrap purchasing costs, with December business reported to have dropped as low as 94 cents per pound.

  • Secondary aluminum alloy, scrap prices rise Dec 04, 2012

    Free-market aluminum alloy prices strengthened Monday on the back of higher London Metal Exchange and scrap tags.

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