-
A non-cash charge in its platinum group metals (PGM) segment pushed Metalico Inc. into the red for its third quarter.
-
Copper scrap prices eased Thursday as buyers sat out of the market.
-
PSC Metals Inc. posted its third consecutive quarterly operating loss as higher ferrous shipments were unable to offset lower revenue and selling prices.
-
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.
-
Klein Recycling has reopened for business after a seven-day closure due to the effects of Hurricane Sandy.
-
Nonferrous scrap metals recycler Manitoba Corp. has named Bill Kos plant manager of its Lancaster, N.Y., facility.
-
Bill’s Auto Salvage in Orono Township, Iowa, has been given permission to expand the scope of services it offers to include appliance recycling.
-
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.
-
Wright Brothers Metal Recycling is seeking permission to open a 40-acre metals recycling facility on a greenfield site in Newport, Vt.
-
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 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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
The U.S. Defense Department has extended its scrap metal contract with Liquidity Services Inc. to June 9, 2014.
-
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.
-
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.
-
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.
-
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?
-
Free-market junk lead-acid battery prices have dropped to their lowest level since March, as demand eases and supply increases as winter approaches.
-
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 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.