Scrap

  • Stainless scrap prices fall, outlook bearish Sep 16, 2014

    Stainless scrap prices have resumed their downward trek as nickel prices tumbled and market players held a bearish outlook due to lingering weakness in end-user demand.

  • Ferrous scrap export prices feeling pressure Sep 15, 2014

    East Coast ferrous scrap prices are likely to come under pressure following two bulk cargo sales in a rising freight market that sent prices lower over the past week.

  • Sims executive Blake Kelley dies Sep 15, 2014

    Ralph Blake Kelley, an industry veteran and vice president of Sims Metal Management Ltd., has died after a 10-year-long battle with cancer. He was 60 years old.

  • Three companies to handle Roth Steel sale Sep 15, 2014

    Roth Steel Corp.’s assets and real estate are on the market, with three companies appointed to handle the sale.

  • Steel projects in South seen raising scrap costs Sep 15, 2014

    The construction of two steel mills in the southeastern United States could mean higher raw material prices and steeper freight costs for other producers in the area.

  • Mittal exec shares ABCs governing scrap buys Sep 12, 2014

    A handful of indicators influence how ArcelorMittal SA’s North American mills make raw material purchases each month, a company executive said, noting that the obsolete grades of scrap are more vulnerable to the uptick or exodus of the export market.

  • Scrap exports drive Ohio Valley mart: Metalico Sep 12, 2014

    Scrap prices in the Ohio Valley have been shaped by the East Coast export arena and formula-based pricing, one metals recycling executive said.

  • EMR sues shipper for botched scrap delivery Sep 12, 2014

    British scrap processor European Metal Recycling Ltd. (EMR) is suing a German shipping company after a scrap metal shipment, intended for delivery to Severstal North America LLC’s mill in Columbus, Miss., allegedly failed to reach its destination on time.

  • Schnitzer exec drafts a ‘to-do’ list for D.C. Sep 12, 2014

    Lawmakers in the United States need to embrace three areas to foster a healthier economic climate, according Schnitzer Steel Industries Inc.’s top executive.

  • Copper scrap dips, buyers wait for clarity Sep 11, 2014

    Copper scrap prices eased slightly this week, due in part to geopolitical uncertainty, a stronger dollar and slow manufacturing activity in the United States, according to market participants.

  • Bermco upgrade of Ala. smelting facility completed Sep 11, 2014

    Secondary aluminum alloy producer Bermco Aluminum has added capacity and completed a significant upgrade to its smelting facility in Birmingham, Ala.

  • Cost optimization key for melters Sep 11, 2014

    Optimizing scrap substitutes and controlling raw material costs continue to be chief concerns for steelmakers, according to industry executives.

  • Battery tags steady, but fall seen near Sep 10, 2014

    Prices for used automotive batteries are holding steady despite lower tags for primary and scrap lead as the "battery build" season prepares to go into full swing.

  • ASR appeals ruling in patent infringement suit Sep 10, 2014

    Advanced Steel Recovery LLC (ASR) has filed an appeal against a summary judgment in its lawsuit against X-Body Equipment Inc. and Jewell Attachments LLC regarding a patent for a scrap metal container loading system.

  • ISRI adds two board members Sep 10, 2014

    The Institute of Scrap Recycling Industries (ISRI) has added two industry veterans to its board of directors.

  • Toyota Tsusho to build N. American smelter Sep 09, 2014

    Toyota Tsusho Corp. has begun work on a large secondary aluminum smelting facility in North America, further boosting its play in the region’s automotive sector.

  • Atlas Metal & Iron employee dies in scrapyard accident Sep 09, 2014

    A worker at Atlas Metal & Iron Corp. died in an accident at the company’s scrap processing facility in Denver.

  • Exide seeks nod on $4.95M Pacific Chloride settlement Sep 09, 2014

    Exide Technologies Ltd. is seeking bankruptcy court approval of an agreement that would allow the company’s insurers to pay a $4.95-million claim for damages stemming from a fire at its former Shreveport, La., lead-acid battery manufacturing plant.

  • Huntington Aluminum expanding Indiana plant Sep 09, 2014

    Huntington Aluminum Inc. will invest $2.76 million to construct and equip a 40,200-square-foot addition to its scrap processing facility in Indiana.

  • Stainless scrap flat despite nickel rally Sep 09, 2014

    Stainless steel scrap prices remained unchanged this week despite soaring nickel prices, with market sources reporting a surplus of available material due to weakened demand from major stainless steel mills.

  • Copper wire thefts driving change at utilities Sep 08, 2014

    Ontario’s Hydro One Inc. plans to replace copper wire in its power substations with a steel-copper combination in an effort to deter copper wire thefts.

  • Neenah Foundry seeking new scrap buyer Sep 08, 2014

    Neenah Enterprises Inc. is seeking a new scrap buyer following the departure of Jurgen Zirnstein, vice president of procurement.

  • Examiner named in Worley Ch. 11 proceedings Sep 08, 2014

    An independent examiner has been appointed in Worley Brothers Scrap Iron & Metal Inc.’s bankruptcy proceeding despite the company’s objection.

  • Florida e-cycler files for Ch. 11 bankruptcy Sep 08, 2014

    An electronics recycler placed in receivership after allegedly defaulting on millions of dollars in loans has now filed for Chapter 11 bankruptcy protection.

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