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A Philadelphia shredder will reimburse the city, pay a civil penalty and take steps to reduce noise to settle alleged violations.
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The third time proved the charm for a Tennessee metals recycler, who has now gained the necessary support for his business.
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A federal judge has issued a default judgment for nearly $280,000 against Global Family Recycling LLC, Warren, Mich., and owner Joe Skorupski for allegedly shorting Choice Trading LLC in 2010.
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Consumer and broker/processor buying prices for 300-series stainless scrap have fallen again as market participants brace for a particularly slow summer.
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Prices for mill-grade aluminum scrap fell June 10 as weakening terminal markets and tepid trading activity dragged the secondary market down.
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Midwest ferrous scrap prices outperformed pre-trading speculation this month as late cues from steel mills offered glimpses of a better market.
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A Brooklyn, N.Y., scrap metal recycler is still facing a Clean Water Act lawsuit for allegedly discharging polluted stormwater runoff from its facility even after the state intervened.
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A late strengthening in obsolete scrap prices triggered by a rush to secure heavy melt and plate and structural scrap has worked to the advantage of steel mills that started their buying programs earlier this past week
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Weitsman Shredding LLC is suing a trucking company to recover the value of a container load of copper and steel wire from shredded electric motors—popularly known as "meatballs"—earmarked for export that was seized, released and then went missing.
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Most prices for smelter-grade aluminum scrap rose June 6 on recent upticks on the London Metal Exchange, market sources told AMM.
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The merchant bar market has been stable in the past week as mills generally stuck to published prices, although discounts were sometimes available based on requested sizes, quantities, mill stock levels and expectations about scrap prices, according to most market participants.
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The U.S. Coast Guard and the U.S. Army Corps of Engineers have begun taking steps to get Mississippi River traffic moving again as floodwaters began to recede.
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Novelis Inc. has installed the roof on its new $250-million aluminum recycling and casting plant in Nachterstedt, Germany.
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Obsolete ferrous scrap prices strengthened in the second tranche of trading in key Midwest regions as an apparent demand spike encouraged scrap dealers to hold out for better pricing.
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Brass scrap prices were up across the board as strong demand from international consumers coupled with higher copper prices on Comex to support the secondary sector, market sources said.
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Sims Metal Management Ltd. has appointed a team of executives to manage the company until a successor is selected to replace retiring chief executive officer Daniel W. Dienst, the company said.
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Tokyo Steel Manufacturing Co. Ltd. has adjusted its scrap purchase prices for the first time in a month, cutting them by ¥500 ($5) per tonne.
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Gerdau Long Steel North America’s move to set its steel prices before scrap settles for the second consecutive month appears to signal the market’s growing discontent with the raw material surcharge mechanism, steel sources say.
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Steel mills in Chicago, northwestern Indiana and St. Louis have begun scrap negotiations for June, with early trends following those set by Detroit earlier this week.
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Flooding has forced several lock closures along the upper Mississippi River, stranding some barges carrying steel and steelmaking materials below St. Louis, according to government and industry sources.
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Ferrous scrap export prices may not have bottomed out, as some market participants previously believed, as more information surfaces about the two most recent bulk cargo sales to Turkey.
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A New Jersey bill imposing stepped-up restrictions on the purchase of scrap metals could present significant headwinds for the intake of peddler scrap, sources said.
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Scrap lead battery prices have moved higher along with a rise in primary lead, with sellers reportedly having re-entered the market to take advantage of the higher tags.
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Japanese ferrous scrap exports continue to soar amid strong demand from South Korean mini-mills.