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DMI Metals Inc. has entered the real estate arena, purchasing a 192-acre former mill site in Port Edwards, Wis.
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The Institute of Scrap Recycling Industries has awarded Arnold Gene Gachman the ISRI Lifetime Achievement Award.
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Stainless steel scrap consumer buying prices have fallen along with broker/processor prices as market participants report ongoing low demand.
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As the House and Senate mull proposals for immigration reform, some trade groups have evinced general support for reform while others are holding back as they wait to see what emerges.
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The United Steelworkers union supports immigration reform and believes that a sensible change in policy would benefit the metals industry and the broader economy, a USW official said.
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Browder Metal Recycling is seeking to open a metals recycling facility in Knoxville, Tenn.
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Due to a reporting error, an article published in the April 10 edition incorrectly implied that all containers mentioned in a lawsuit filed by Akjay International LLC, Madison, Conn., and International Alloys Inc., Mendham, N.J., were sold to both parties. The actual number of containers that are alleged to have been double-sold is four.
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Spanish energy solutions provider Abengoa SA, through its industrial recycling division Befesa Medio Ambiente SA, has signed an agreement to manage all of Novelis Inc.’s aluminum dross from its recycling plant in Nachterstedt, Germany, which is currently under construction.
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The Blase family has purchased an auto shredder for its new recycling facility in Lithonia, Ga.
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The U.S. Environmental Protection Agency has published its final interpretation of regulations that would allow the recycling of plastics recovered from scrap metal shredder residue.
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A Chicago-area scrap company has completed a two-year expansion at one of its facilities after finalizing the installation of a baler this month.
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Japanese ferrous scrap export prices continue to fall as South Korean mills, in particular, move to cut their scrap purchasing prices both at home and abroad.
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RPM Recycling Inc., Wind Gap, Pa., quietly closed its doors April 9 and is now for sale, according to customers of the facility.
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East Coast bulk ferrous scrap export prices shed more than $10 per tonne April 10 after a single sale to Turkey broke a nearly monthlong deadlock between U.S. exporters and Turkish buyers.
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Midwest ferrous scrap prices shed at least $20 per gross ton across all grades in April as mill buyers fought off dealer resistance amid lower overall demand.
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Highlight Networks Inc. has signed a deal with SiteXpedite LLC to process electronic and metal scrap, the electronic waste recycler said April 9, estimating its value at more than $1 million.
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The former human resources manager at United Milwaukee Scrap LLC has been accused of embezzling $1 million since 2006 to allegedly support a bingo habit.
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Free-market lead scrap prices have weakened further, market participants said, as secondary tags trail falling terminal markets.
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OmniSource Corp. is set to open a new feeder yard to supply its Jackson, Mich., auto shredder.
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Two scrap-trading firms have filed a Racketeer Influenced and Corrupt Organizations (Rico) Act lawsuit against two scrap veterans and a slew of businesses for allegedly selling them both the same four containers in a stainless steel scrap deal.
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Some mill-grade aluminum scrap prices increased April 8 as strengthening terminal markets coupled with steady demand lent support to the secondary market.
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Stainless scrap processor buying prices have fallen further as market participants report a sustained slowdown in consumer orders.
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High-grade copper scrap prices are trading at a premium to Comex tags in the U.S. market following a sharp swing lower in refined metal prices, sources told AMM sister publication Metal Bulletin at the Center for Copper and Mining Studies’ annual Cesco Week in Santiago, Chile.
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South Korean steel producers might import less ferrous scrap due to the weakening won against the U.S. dollar, but the cut in purchases is likely to be only temporary, sources say.