-
Brian G. Donaghy has resigned as president and chief operating officer of Industrial Services of America Inc. (ISA), according to a June 17 Securities and Exchange Commission filing.
-
Aurubis AG’s recycled copper business unit is on track to hit its 2013 production targets despite a tightening in copper scrap markets, Volker Pawlitzki, senior vice president for commercial recycling, told AMM sister publication Metal Bulletin.
-
Steel Dynamics Inc. (SDI) expects to post lower earnings for the second quarter, with a compression in profit margins offsetting increased sales volumes.
-
Most free-market lead scrap prices weakened this week, with market participants noting that tags are following recent dips on the London Metal Exchange.
-
Michigan will have to wait a little while longer to find out the outcome of a set of proposed bills aimed at curbing metals theft.
-
Troubled battery maker Exide Technologies Inc. has been granted a temporary reprieve that prevents California’s Department of Toxic Substances Control (DTSC) from enforcing an order to suspend operations at the company’s Vernon, Calif., recycling plant.
-
China’s steel industry is in a "calamitous situation" as its era of breakneck growth comes to an end and demand by 2015 "may not be much changed from 2013," an industry analyst said at the Steel Success Strategies XXVIII conference in New York.
-
Most prices for smelter-grade aluminum scrap fell June 17 as improved supply and lower exchange prices weighed on the secondary market, sources said.
-
Stainless steel scrap broker/processor buying prices have fallen to their lowest levels since June 2009, with market participants lamenting a lack of domestic or export demand amid plunging nickel prices.
-
A bulk ferrous scrap export sale from the East Coast to Turkey late last week supported previous speculation that prices could strengthen slightly.
-
A new set of regulations in Michigan intended to reduce scrap metal thefts has come under fire from recyclers, who claim they will impose additional burdens on scrap processors and won’t reduce theft.
-
Shapiro Metals Holding Co. has increased its footprint in Texas with the launch of its third scrap collection and processing facility in the state.
-
Scrap aluminum wheel prices have fallen since the start of June amid recent downturns on the London Metal Exchange, coupled with a summer slowdown, sources told AMM.
-
Prices for metal scrap, ores and primary metal products all fell last month with the exception of titanium, the latest Bureau of Labor Statistics report shows.
-
Universal Recycling LLC is seeking a zoning change and a permit for scrap metals processing in Long Island, N.Y.
-
The U.S. scrap sector has lost an industry veteran as Marshall Marc Glick, 64, died June 9 following a two-decade-long battle with cancer.
-
Scrap industry veteran Richard J. Allan has resigned as secretary of the Pennsylvania Department of Conservation and Natural Resources (DCNR) at the request of Gov. Tom Corbett.
-
E. Schneider & Sons Inc. is working to open a scrap processing operation on a vacant lot in Allentown, Pa.
-
A cathode ray tube (CRT) recycler in Manchester, England, plans to open a New York facility and sell the lead it recovers into the local market.
-
Indiana is missing an opportunity by dragging its feet on recycling policies, according to Carey Hamilton, executive director of the Indiana Recycling Coalition.
-
Steel producers in Turkey hope that a possible recovery in raw material prices will trigger a similar uptick in the finished steel market, if only in sentiment.
-
Several U.S. exporters hope to see a small bounce in bulk ferrous scrap export prices, with sentiment boosted by a fresh round of Turkish purchases of European material.
-
Discounts for some copper scrap grades eased June 12, with sources noting that ongoing supply concerns and strong demand from overseas were serving to bolster prices.
-
Freedom Metals Inc. has announced plans to open a new scrapyard on the south side of Louisville, Ky.