• Soft demand sinks stainless scrap tags Aug 05, 2014

    Stainless steel scrap prices have fallen considerably this week due to lower London Metal Exchange nickel prices, freer scrap flows and subdued demand from melters, according to market participants.

  • Booe Machinery & Salvage opens second feeder yard Aug 05, 2014

    A Nebraska company has opened its second scrap metal buying operation on a greenfield site.

  • Ferrous scrap prices hold sideways in Detroit Aug 04, 2014

    Ferrous scrap trading for August has kicked off in the Detroit region with two steel producers entering the market and a third reportedly poised to follow.

  • Joseph Smith & Sons updates yard permit filing Aug 04, 2014

    Joseph Smith & Sons Inc. is continuing its effort to open a metal recycling facility in Alexandria, Va., with its updated application for a special use permit scheduled to go before the city planning commission on Sept. 4.

  • Recycler’s zoning plea delayed again Aug 04, 2014

    A New Jersey metal recycler must wait until Sept. 30 to find out if it can continue its current operations after a Southampton, N.J., zoning board hearing July 31 exceeded its allotted time and had to be rescheduled.

  • Aluminum alloys prices shrug off Nasaac drop Aug 01, 2014

    A steady aluminum scrap market will prevent secondary aluminum alloy makers from lowering ingot prices, despite a dramatic drop in terminal exchanges over the past month.

  • Indian steel mills see shredded scrap impasse Aug 01, 2014

    Indian steel mill imports of shredded scrap came to a standstill this past week following a huge divide in bid and offer prices.

  • Harsco resolves suit against former employee Aug 01, 2014

    Harsco Corp. has agreed to resolve a lawsuit alleging a trade secrets violation against a competitor and a former employee with no admission of wrongdoing by any party, according to documents filed in U.S. District Court in Pennsylvania.

  • Congress approves Highway Trust Fund bill Aug 01, 2014

    A last-minute measure to provide $10.9 billion to the federal Highway Trust Fund, allowing state construction projects to continue uninterrupted, was approved by Congress July 31.

  • Nucor's Keith Grass plans to retire Aug 01, 2014

    Nucor Corp.’s Keith Grass, executive vice president of raw materials and chief executive officer of David J. Joseph Co. (DJJ), is retiring effective Sept. 12.

  • Scrap export tags to Taiwan dip again Jul 31, 2014

    Export prices for containerized ferrous scrap to Taiwan slipped for the sixth successive week as mill interest remained bleak.

  • ISRI adds aluminum scrap grade to spec list Jul 31, 2014

    The Institute of Scrap Recycling Industries (ISRI) has released a new nonferrous scrap specification to better reflect trade in the market.

  • Scrap trading veteran Peterson retires Jul 31, 2014

    Raymond Peterson retired as vice president of trading at Allegheny Raw Materials Inc. (ARM) after 44 years in the industry, effective July 31.

  • Scrap price sentiment seen climbing for Aug. Jul 30, 2014

    U.S. steel mills are unlikely to cancel outstanding scrap orders July 31 as market sentiment on August’s price direction improves.

  • Upstate getting parts for Pa. shredder Jul 30, 2014

    Upstate Shredding LLC-Ben Weitsman & Son Inc.’s operations in New Castle, Pa., has begun to receive pieces of the new auto shredder for the site.

  • ATI Ludlum raw materials supervisor dies Jul 30, 2014

    Daniel J. Affrica, senior supervisor of raw materials for ATI Allegheny Ludlum Corp., died July 27 in Pittsburgh. He was 63.

  • AEP Ohio opens appliance recycling facility Jul 30, 2014

    AEP Ohio, a subsidiary of American Electric Power Co. Inc., has opened an appliance recycling center in Groveport, Ohio.

  • Scrap exporter poised to enter W. Coast mart Jul 29, 2014

    A new metal recycling company in Washington state is poised to compete in the ferrous scrap bulk export market, bringing the total number of bulk exporters in the Pacific Northwest to three.

  • Zorba said unlikely to boost twitch prices Jul 29, 2014

    Domestic prices for twitch, a high-quality nonferrous auto shred, are unlikely to rise even if export tags for its zorba feedstock increase next month, market participants said.

  • Lead, zinc scrap prices rise amid LME gains Jul 29, 2014

    A run-up in terminal market prices has pushed up lead and zinc scrap tags, but muted summer market activity has placed a ceiling on scrap prices, market sources told AMM.

  • Siegel family returning to recycling with SC facility Jul 29, 2014

    The co-founders of Carolinas Recycling Group LLC (CRG) have returned to the industry with a metal recycling and processing facility in South Carolina.

  • Blaze, Newell enter merger deal Jul 29, 2014

    Blaze Recycling & Metals LLC and Newell Recycling of Georgia LLC have entered a definitive merger agreement that will create a powerful player in the Southeast.

  • Market split on Turkey scrap price direction Jul 28, 2014

    U.S. bulk ferrous scrap export activity is expected to slow down this week due to religious holidays in Turkey and the Middle East along with tepid demand from Asia.

  • Scrap export prices to India pressured Jul 25, 2014

    Prices for containerized ferrous scrap exported to India are under pressure as poor demand and currency markets sent prices lower over the past few weeks.

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