Scrap

  • Keywell to file for Chapter 11, sell assets Sep 23, 2013

    Specialty steel recycler Keywell LLC has agreed to sell "a substantial portion" of its assets to processor Cronimet Corp., the company said Sept. 23.

  • Brazilian aluminum scrap tags jump in Sept. Sep 23, 2013

    Brazil’s aluminum scrap prices have risen sharply this month compared with August and a year earlier, according to a survey released by Brazilian aluminum association Abal.

  • Joseph Smith & Sons seeks to open Va. yard Sep 23, 2013

    Joseph Smith & Sons Inc. is seeking to open a metals recycling facility in Alexandria, Va., according to a permit application filed with the city.

  • California scrap bill awaiting OK Sep 23, 2013

    A California bill that will place restrictions on how scrap metal sellers can be paid has been awaiting approval from Gov. Jerry Brown since Sept. 3.

  • Mich. city officials again OK GLE auto shredder proposal Sep 23, 2013

    GLE Scrap Metal Inc.’s plan to install an auto shredder in Melvindale, Mich., was unanimously approved by the Melvindale City Council at a Sept. 18 public hearing to reconsider its prior approval of the proposal.

  • Hugo Neu renames NY e-cycling unit Sep 23, 2013

    Hugo Neu Corp.’s electronics recycling subsidiary has been renamed Hugo Neu Recycling, the company said Sept. 17.

  • W. Coast scrap export tags slip on low demand Sep 20, 2013

    West Coast export prices for containerized ferrous scrap have dropped $20 per tonne over the past few weeks due to a decline in finished steel demand in key Far East Asian countries.

  • Mill-grade aluminum scrap prices move higher Sep 20, 2013

    Prices for mill-grade aluminum scrap moved higher in step with recent increases on the London Metal Exchange.

  • ASR infringement suit heads to jury trial Sep 20, 2013

    A patent infringement lawsuit filed by scrap metal recycler and container-loading-system manufacturer Advanced Steel Recovery LLC (ASR) against X-Body Equipment Inc. is on its way to a jury trial.

  • Early Alabama scrap cues point south for Oct. Sep 20, 2013

    Early scrap deals in Alabama are being done at a discount to September, but it’s too early to tell if this is where prices will settle.

  • Virginia approves indoor auto salvage operation Sep 20, 2013

    The Rockingham County Board of Supervisors in Virginia has approved a special-use permit to allow an applicant to establish an indoor auto salvage operation.

  • Nonferrous scrap exports drift lower in July Sep 20, 2013

    U.S. nonferrous scrap exports fell in July compared with the previous month, led by declines in shipments of copper and brass, lead and zinc scrap.

  • Copper scrap discounts widen Sep 19, 2013

    Copper scrap discounts are approaching range highs as Comex price logs gains, likely due to the Federal Reserve’s decision to maintain its stimulus program, market participants said.

  • Sims Metal to delist ADRs from NYSE Sep 19, 2013

    Sims Metal Management Ltd. intends to voluntarily delist its American Depositary Receipts (ADRs) from the New York Stock Exchange (NYSE) effective on or about Oct. 11, the company said.

  • Scrap aluminum wheel prices lose traction Sep 19, 2013

    Scrap aluminum wheel prices have dropped since the end of August, as supply has increased while demand has remained unchanged, according to market players.

  • US stainless scrap divided on exports Sep 19, 2013

    Stainless scrap industry leaders appear divided as to whether the United States will become a net importer or remain a net exporter over the coming years.

  • Berkshire gets nod on Conn. recycling site Sep 19, 2013

    Berkshire Recycling LLC has been granted approval to open a metals and automotive recycling facility in Torrington, Conn., according to the Torrington Planning and Zoning Commission.

  • Ariz. scrap registry now in force Sep 19, 2013

    Scrap metal recyclers operating in Arizona must now register with the Arizona Department of Safety, according to a law that took effect Sept. 13.

  • Metallix opening NJ catalytic converter buying facility Sep 19, 2013

    Metallix Refining Inc. is opening a facility in Eatontown, N.J., that will purchase scrap catalytic converters.

  • Copper mill, scrap prices rise in Aug. Sep 18, 2013

    Prices for copper and brass mill shapes, copper scrap and nonferrous ores strengthened in August compared with the previous month, while other metals were mixed, according to the latest producer price index (PPI) report from the U.S. Bureau of Labor Statistics.

  • Recycler hit with Clean Water Act lawsuit Sep 18, 2013

    A Connecticut scrap metals recycler is being sued by environmental groups for alleged violations of the federal Clean Water Act.

  • Pull-A-Part extends its reach into Ariz., Texas Sep 18, 2013

    Pull-A-Part LLC has purchased two more operations as part of its strategy to expand its domestic footprint through organic growth and acquisitions.

  • Sita quits UK metals processing as EMR buys five yards Sep 18, 2013

    Sita UK Ltd. no longer processes metals in England, a company spokesman told AMM sister publication Steel First Sept. 18.

  • Brazil’s ferrous scrap exports jump in Aug. vs. July Sep 18, 2013

    Brazilian ferrous scrap exports rose to a four-month high of 36,158 tonnes in August on renewed buying activity from Asia, according to data from the country’s foreign trade ministry, MDIC.

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