Scrap RSS

  • Metalico charts loss in third quarter Nov 09, 2012

    A non-cash charge in its platinum group metals (PGM) segment pushed Metalico Inc. into the red for its third quarter.

  • Copper scrap prices slip as demand eases Nov 09, 2012

    Copper scrap prices eased Thursday as buyers sat out of the market.

  • PSC Metals records third straight operating loss Nov 09, 2012

    PSC Metals Inc. posted its third consecutive quarterly operating loss as higher ferrous shipments were unable to offset lower revenue and selling prices.

  • Aluminum alloy prices steady in ‘spotty’ market Nov 09, 2012

    Free-market aluminum scrap and secondary alloy prices were largely unchanged Thursday, with a flat London Metal Exchange and quiet trading activity combining to keep prices steady.

  • Power returns to Klein Recycling Nov 09, 2012

    Klein Recycling has reopened for business after a seven-day closure due to the effects of Hurricane Sandy.

  • Manitoba names Kos NY plant manager Nov 09, 2012

    Nonferrous scrap metals recycler Manitoba Corp. has named Bill Kos plant manager of its Lancaster, N.Y., facility.

  • Iowa yard to recycle appliances Nov 08, 2012

    Bill’s Auto Salvage in Orono Township, Iowa, has been given permission to expand the scope of services it offers to include appliance recycling.

  • Scrap influx expected as Sandy cleanup proceeds Nov 08, 2012

    New Jersey scrap traders are expecting an influx of scrap metal generated by the cleanup from Hurricane Sandy, with one shore-area recycler having already doubled its outbound shipments.

  • Developers plan recycling facility Nov 08, 2012

    Wright Brothers Metal Recycling is seeking permission to open a 40-acre metals recycling facility on a greenfield site in Newport, Vt.

  • Recycler seeks to open Ga. yard Nov 08, 2012

    Georgia’s Barrow County Planning Commission will hold a public hearing Nov. 15 on a request to open a salvage yard in Winder.

  • Tokyo Steel lifts scrap purchasing price Nov 08, 2012

    Tokyo Steel Manufacturing Co. Ltd. has raised the scrap purchasing price at one of its plants by 1,000 yen ($12.50) per tonne, suggesting that Japanese scrap prices might finally have bottomed out after falling to multiyear lows over the past few months.

  • China's rising recycling capacity poses challenges Nov 08, 2012

    Chinese smelters should beware of rising capacity in recycled lead and zinc, an official of the China Nonferrous Metals Industry Association (CNIA) said at the 2012 China Lead and Zinc Conference in Nanjing.

  • Virginia could stiffen scrap law Nov 08, 2012

    A Virginia state legislator has introduced an amendment that would tighten existing scrap regulations by requiring metal recyclers to report the details of their transactions to law enforcement officials within one business day. The state’s current law requires recyclers to submit reports only when law-enforcement officials formally request that they do so.

  • Cooter seeks to expand recycling operations in Neb. Nov 08, 2012

    Nebraska metals recycler Cooter Enterprises is planning to grow its operation, and is seeking a special-use permit to expand its scrap, salvage and automotive recycling activities to a lot across the street from its current location in Omaha, according to city documents.

  • Chicago ferrous scrap prices rebound in Nov. Nov 07, 2012

    Uncertainty over ferrous scrap supply heading into the winter and strength in some steel sectors, including flat-rolled products, have combined to send November scrap prices in the Midwest soaring above earlier expectations.

  • Obama re-election divides US metals industry Nov 07, 2012

    Metals industry participants who were hoping a change in power at the White House would stimulate fundamental change in the marketplace may have to reconsider their next moves.

  • Liquidity Services’ pact extended Nov 07, 2012

    The U.S. Defense Department has extended its scrap metal contract with Liquidity Services Inc. to June 9, 2014.

  • Exide begins battery recycling plant shutdown Nov 07, 2012

    Exide Technologies has begun curtailing production at its lead battery recycling plant in Frisco, Texas, with the facility now set to shut its doors by the end of November.

  • Port problems on East Coast support Turkish scrap prices Nov 07, 2012

    The price of delivered scrap into Turkey has been boosted by the Port of Newark’s weeklong closure and its slow return to full operation.

  • Deox producers struggle to profit amid low tags Nov 07, 2012

    Producers of deoxidized aluminum have presented a mixed picture regarding November spot prices, with one producer claiming that fierce competition and expensive scrap costs have led to largely unprofitable sales.

  • Have Your Say: Obama's re-election Nov 07, 2012

    Join the discussion: how is your company responding to the news of Obama’s successful White House bid? How will your spending and investment plans change as a result? Was the election as big a factor as some said in recent decision-making, or was it just a convenient excuse to stop buying at a time of lackluster demand?

  • Scrap lead battery prices at 7-month low Nov 07, 2012

    Free-market junk lead-acid battery prices have dropped to their lowest level since March, as demand eases and supply increases as winter approaches.

  • North Carolina recycler’s owner accused of permit violation Nov 07, 2012

    The owner of a North Carolina recycling operation has been arrested for allegedly violating a new law that went into effect Oct. 1 governing sales and purchases of metals.

  • Novelis ‘very happy’ with used beverage can push Nov 06, 2012

    Novelis Inc. is partnering with customers as it seeks to increase market share in used beverage can (UBC) procurement, adding that it is "very happy" with its progress since exiting Evermore Recycling LLC.

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