Scrap RSS

  • New NC scrap law looks to stop sale of stolen vehicles Dec 02, 2013

    North Carolina has implemented a new system intended to curtail the sale of stolen vehicles in the state, according to the North Carolina Division of Motor Vehicles (DMV).

  • Brussels might drop dispute on Russia car scrapping fees Dec 02, 2013

    The European Commission is assessing a law passed by Russia’s parliament that might head off a global trade dispute over scrapping second-hand vehicles.

  • Ohio recycler and foundry files for Chapter 11 Dec 02, 2013

    A recycler and aluminum foundry in Batavia, Ohio, has filed for Chapter 11 bankruptcy protection.

  • More recyclers exit N. Carolina scrap market Nov 27, 2013

    A total of five scrapyards have left the North Carolina scrap market in the past four months amid heightened competition within the state, market participants told AMM.

  • West Coast scrap export prices sideways Nov 27, 2013

    Export prices for containerized ferrous scrap being sold from the West Coast trended sideways the week of Nov. 25, AMM has been told.

  • Shipper’s Ore. port exit to impact ferrous scrap Nov 27, 2013

    The possible exit of a major shipping line from the Port of Portland, Ore., could drive a shift in scrap metal shipments from the region to Tacoma, Wash., and Seattle if the port fails to replace the shipping company.

  • US nonferrous scrap exports off in September Nov 27, 2013

    U.S. nonferrous scrap exports fell in September compared with August, led by declines in shipments of lead, aluminum and copper scrap.

  • Erie recyclers facing stolen goods, chop shop charges Nov 27, 2013

    A Pennsylvania metals recycling company and its owners are facing felony charges for allegedly dealing in stolen goods.

  • Mass. mulls scrap metal bill with 10-day hold Nov 27, 2013

    Massachusetts is considering a state Senate bill that would place a 10-day hold on scrap metal purchases worth more than $250.

  • ISA late on filing for the quarter Nov 26, 2013

    Industrial Services of America Inc. (ISA) is working to regain compliance with the Nasdaq Stock Exchange after failing to file its quarterly financial report on time.

  • Upstate adds shredder to Albany port facility Nov 26, 2013

    Upstate Shredding LLC-Ben Weitsman & Son Inc. has acquired a shredder to bolster its facility at the Port of Albany in New York.

  • Secondary alloys steady on auto demand Nov 26, 2013

    Secondary aluminum alloy prices have remained relatively steady over the past two weeks, with strong demand from the automotive sector continuing to support the market.

  • Oregon port looks to keep S. Korean shipper Nov 26, 2013

    The Port of Portland, Ore., is working to retain Hanjin Shipping Co. Ltd. after the South Korean shipping company said it would cease operations at the port.

  • Stainless scrap prices follow nickel lower Nov 26, 2013

    Stainless steel scrap processor buying prices fell this week as London Metal Exchange nickel prices continued to decline, maintaining a trend that seems poised to persist through the New Year.

  • Codelco, Freeport see scrap as a swing factor Nov 26, 2013

    The supply surplus emerging in the refined copper market is insignificant compared with the large swings in the supply of copper scrap as prices fluctuate.

  • Tokyo Steel lifts scrap buying prices again Nov 26, 2013

    Tokyo Steel Manufacturing Co. Ltd. has increased its scrap purchase prices by an additional ¥500 ($5) per tonne this month for deliveries to all of its plants effective Nov. 26.

  • Recycler adds shredder in Oklahoma City Nov 25, 2013

    USA Metal Recycling LLC will begin installing a shredder in Oklahoma City, the city’s fourth, with a summer 2014 launch target after local officials approved its plan this month.

  • Turkish exports of rebar may lift scrap demand Nov 25, 2013

    Prices for bulk ferrous scrap exports to Turkey trended sideways this past week as higher freight rates put a damper on recently booked vessels.

  • Issues with ‘Green Fence’ decline: ISRI Nov 25, 2013

    China’s stepped-up enforcement on imports of raw materials, dubbed Operation Green Fence, is finally being fully understood by most scrap exporters, according to the Institute of Scrap Recycling Industries.

  • Aluminum wheel prices inch lower Nov 25, 2013

    Scrap aluminum wheel prices continued to fall this week as increasing supply coupled with lower demand and weakening terminal markets have compelled buyers to lower quotes.

  • Metalico closes refinancing deal Nov 25, 2013

    Metalico Inc. has closed a refinancing deal that will provide the scrap metal company with up to $125 million to pay off debt and fund its growth strategy.

  • W. Coast scrap market ponders export pricing Nov 22, 2013

    An attempt by some Taiwanese and South Korean mills to push down scrap prices has split market sentiment on the West Coast despite no volumes trading at the lower prices.

  • Container scrap sales to India frozen Nov 22, 2013

    U.S. export sales of containerized ferrous scrap to India remain virtually nonexistent despite a modest recovery this past week in Indian currency values.

  • Thanksgiving holiday notice Nov 22, 2013

    AMM’s offices will be closed Nov. 28 and 29 in observance of Thanksgiving. There will be no issues dated Nov. 28 and Nov. 29.

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