Scrap RSS

  • Secondary aluminum alloy prices fall again Nov 06, 2012

    Free-market aluminum alloy prices suffered further drops this week despite a relatively stable scrap pricing market, with some producers holding the line on higher quotes in pursuit of a profit margin.

  • Arca optimistic despite loss on lower scrap tags Nov 06, 2012

    Appliance Recycling Centers of America Inc. (Arca) drew red ink in the third quarter but is optimistic that a recent pickup in scrap prices and housing activity could spur more appliance recycling.

  • Scrap prices back near Sept. levels in Detroit Nov 05, 2012

    Domestic ferrous scrap prices look set to record larger-than-anticipated increases in the Midwest this month after steel mills in Detroit settled $55 per gross ton higher late Monday.

  • DJJ’s Radcliffe to retire at year-end Nov 05, 2012

    John Radcliffe, managing director of David J. Joseph Co.’s (DJJ’s) Ferro-Alloy Group, will retire at year-end, AMM has learned.

  • TK Stainless melt shop to alter scrap mart: BIR Nov 05, 2012

    The melt shop at ThyssenKrupp Stainless USA LLC’s facility in Calvert, Ala., will have a significant impact on the domestic stainless scrap market when fully ramped up, according to Michael Wright, chairman of the Bureau of International Recycling (BIR) stainless steel and special alloys committee.

  • AMM pricing database updated Nov 05, 2012

    Due to a server disruption caused by Hurricane Sandy, the pricing database at amm.com/pricing was not fully updated between Oct. 29 and Nov. 4. Server service has since been restored and the pricing database has been updated retroactively.

  • China issues new guides for ferrous scrap industry Nov 05, 2012

    China has announced moves to shake up its ferrous scrap industry by gradually eliminating recyclers that don’t meet standards, according to China’s Ministry of Industry and Information Technology (MIIT).

  • MetalX to get ‘back to basics’: Rifkin Nov 05, 2012

    There’s still money to be made in the scrap metal industry, as the former owners of OmniSource Corp. plan to demonstrate with their new company, MetalX.

  • Aleris’ net up in qtr. despite low scrap spreads Nov 02, 2012

    Aleris International Inc. felt the effects of "extremely low scrap metal spreads in North America" during the third quarter.

  • Harsco earnings down, more softness seen ahead Nov 02, 2012

    Harsco Corp.’s earnings fell in the third quarter, and the company is warning that its mill services segment will suffer in the fourth quarter as slower global economic activity will lead some customers to reduce steel production.

  • Mill-grade aluminum scrap prices rebound Nov 02, 2012

    Free-market mill-grade aluminum scrap prices rebounded Thursday on the back of a rise in London Metal Exchange tags, although demand has reportedly become spotty heading into November.

  • Important Message to Subscribers Nov 02, 2012

    AMM's New York office is currently closed due to the effects of Hurricane Sandy. The AMM e-mail system is down and AMM staff in the United States are unable to receive messages. We expect to have services back up in the next several days and we will reply to e-mails as soon as possible. If you need to contact AMM urgently, please use the following directory.

  • Rifkins return to scrap arena with auto shredder Nov 01, 2012

    Less than one week after the Oct. 26 expiration of a five-year no-compete agreement, the former owners of scrap recycler OmniSource Corp. have announced their return to the industry with the construction of an auto shredder in northeast Indiana.

  • Nonferrous scrap buyers split on Sandy’s effect Nov 01, 2012

    Nonferrous scrap buyers are divided over whether Hurricane Sandy will produce enough scrap metal to have a meaningful impact on flows and pricing, particularly as the market moves into a seasonal slowdown.

  • Delacoux to take BIR post in January Nov 01, 2012

    The Bureau of International Recycling (BIR) has appointed Alexandre Delacoux as general manager of the BIR Secretariat.

  • Severstal NA mill scrap buyer resigns Nov 01, 2012

    Andre Pujadas has resigned as Severstal North America Inc.’s North American purchasing manager for scrap and metallics, and purchasing vice president David Howard will assume his responsibilities, according to a company spokeswoman.

  • USA Metal Recycling relocates following lawsuit Oct 31, 2012

    USA Metal Recycling LLC has shuttered its Siloam Springs, Ark., location and moved to a new site following a municipal zoning dispute.

  • AMM pricing database updated Oct 31, 2012

    Due to a server disruption caused by Hurricane Sandy, the pricing database at amm.com/pricing was not fully updated between Oct. 29 and Nov. 4. Server service has since been restored and the pricing database has been updated retroactively.

  • Restructuring charges push JCI into the red Oct 31, 2012

    Johnson Controls Inc. (JCI) has posted a fiscal fourth-quarter net loss of $8 million, with the company's battery recycling division still grappling with the "headwind" of higher scrap costs.

  • Scrap trade gears up in Sandy's aftermath Oct 31, 2012

    Hurricane Sandy has managed to bring parts of the East Coast to a screeching halt, but it appears unlikely the storm’s aftermath will disrupt the monthly ferrous scrap trade, which most sources say looks set to begin later this week at a premium to October’s levels.

  • Gershow works to recover from storm Oct 31, 2012

    Gershow Recycling Corp. is still recovering from "severe but not catastrophic damage" caused by Hurricane Sandy, with four of its facilities still without power and a truck scale at its Freeport, N.Y., facility washed away by flooding.

  • Raymond Kalouche taking reins at TMS Oct 31, 2012

    TMS International Corp. is promoting Raymond Kalouche to president and chief executive officer.

  • Metals firms weather storm, assess damage Oct 30, 2012

    Metals companies spent Tuesday assessing the impact of former Hurricane Sandy, which left a wide swath of flooding, power outages and road and bridge closures along much of the East Coast.

  • Stainless scrap tags down fourth straight week Oct 30, 2012

    Stainless steel scrap prices have fallen for the fourth consecutive week amid continued anemic demand from consumers and tumbling nickel prices.

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