Scraphttp://www.amm.comhttp://feeds.feedburner.com/amm/WjlM©2013 www.amm.com60ScrapDonaghy steps down from ISA postsBrian 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. http://www.amm.com/Article/3220884/Donaghy-steps-down-from-ISA-posts.htmlWed, 19 Jun 2013 22:11:00 GMTAurubis to hit targets despite copper scrap shortageAurubis 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. http://www.amm.com/Article/3220881/Aurubis-to-hit-targets-despite-copper-scrap-shortage.htmlWed, 19 Jun 2013 22:04:00 GMTSDI expects lower earnings in 2d quarterSteel Dynamics Inc. (SDI) expects to post lower earnings for the second quarter, with a compression in profit margins offsetting increased sales volumes. http://www.amm.com/Article/3220830/SDI-expects-lower-earnings-in-2d-quarter.htmlWed, 19 Jun 2013 20:09:00 GMTMost lead scrap prices ease; zinc scrap dropsMost free-market lead scrap prices weakened this week, with market participants noting that tags are following recent dips on the London Metal Exchange. http://www.amm.com/Article/3220828/Most-lead-scrap-prices-ease-zinc-scrap-drops.htmlWed, 19 Jun 2013 19:57:00 GMTMichigan scrap bill voting is pushed off until autumnMichigan will have to wait a little while longer to find out the outcome of a set of proposed bills aimed at curbing metals theft. http://www.amm.com/Article/3220820/Michigan-scrap-bill-voting-is-pushed-off-until-autumn.htmlWed, 19 Jun 2013 19:06:00 GMTExide allowed to reopen Calif. recycling plantTroubled 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. http://www.amm.com/Article/3220386/Exide-allowed-to-reopen-Calif-recycling-plant.htmlTue, 18 Jun 2013 21:31:00 GMTChina steel industry outlook ‘calamitous’: WSDChina’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. http://www.amm.com/Article/3220381/China-steel-industry-outlook-calamitous-WSD.htmlTue, 18 Jun 2013 21:00:00 GMTAluminum scrap prices down on supply glutMost prices for smelter-grade aluminum scrap fell June 17 as improved supply and lower exchange prices weighed on the secondary market, sources said. http://www.amm.com/Article/3220353/Aluminum-scrap-prices-down-on-supply-glut.htmlTue, 18 Jun 2013 20:00:00 GMTStainless scrap prices fall to 2009 lowStainless 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.http://www.amm.com/Article/3220281/Stainless-scrap-prices-fall-to-2009-low.htmlTue, 18 Jun 2013 17:24:00 GMTEast Coast scrap prices lift on new Turkey saleA bulk ferrous scrap export sale from the East Coast to Turkey late last week supported previous speculation that prices could strengthen slightly. http://www.amm.com/Article/3219799/East-Coast-scrap-prices-lift-on-new-Turkey-sale.htmlMon, 17 Jun 2013 23:01:00 GMTMich. scrap laws face uphill battle: recyclersA 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. http://www.amm.com/Article/3219793/Mich-scrap-laws-face-uphill-battle-recyclers.htmlMon, 17 Jun 2013 22:23:00 GMTShapiro Metals adds Texas operationShapiro Metals Holding Co. has increased its footprint in Texas with the launch of its third scrap collection and processing facility in the state. http://www.amm.com/Article/3219755/Shapiro-Metals-adds-Texas-operation.htmlMon, 17 Jun 2013 20:36:00 GMTAluminum wheel prices fall on oversupplyScrap 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. http://www.amm.com/Article/3219743/Aluminum-wheel-prices-fall-on-oversupply.htmlMon, 17 Jun 2013 20:10:00 GMTTitanium bucks trend as May metal price indices declinePrices 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. http://www.amm.com/Article/3219597/Titanium-bucks-trend-as-May-metal-price-indices-decline.htmlMon, 17 Jun 2013 15:59:00 GMTUniversal Recycling seeks rezoning, permitUniversal Recycling LLC is seeking a zoning change and a permit for scrap metals processing in Long Island, N.Y. http://www.amm.com/Article/3219246/Universal-Recycling-seeks-rezoning-permit.htmlFri, 14 Jun 2013 23:04:00 GMTScrap veteran Marshall Glick dies at 64The 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.http://www.amm.com/Article/3219238/Scrap-veteran-Marshall-Glick-dies-at-64.htmlFri, 14 Jun 2013 21:58:00 GMTPennsylvania governor ousts scrap veteran from state roleScrap 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. http://www.amm.com/Article/3219148/Pennsylvania-governor-ousts-scrap-veteran-from-state-role.htmlFri, 14 Jun 2013 18:18:00 GMTE. Schneider plans new Pa. recycling facilityE. Schneider & Sons Inc. is working to open a scrap processing operation on a vacant lot in Allentown, Pa. http://www.amm.com/Article/3219143/E-Schneider-plans-new-Pa-recycling-facility.htmlFri, 14 Jun 2013 17:57:00 GMTUK firm planning to set up recycling operation in NYA 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. http://www.amm.com/Article/3218983/UK-firm-planning-to-set-up-recycling-operation-in-NY.htmlFri, 14 Jun 2013 15:08:00 GMTLow Ind. recycling rates hurting state metals industry: HamiltonIndiana is missing an opportunity by dragging its feet on recycling policies, according to Carey Hamilton, executive director of the Indiana Recycling Coalition. http://www.amm.com/Article/3218952/Low-Ind-recycling-rates-hurting-state-metals-industry-Hamilton.htmlFri, 14 Jun 2013 14:17:00 GMTScrap price bounce may boost steel: IrepasSteel 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. http://www.amm.com/Article/3218618/Scrap-price-bounce-may-boost-steel-Irepas.htmlThu, 13 Jun 2013 22:53:00 GMTTurks’ European scrap buys lift US’ price hopesSeveral 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. http://www.amm.com/Article/3218617/Turks-European-scrap-buys-lift-US-price-hopes.htmlThu, 13 Jun 2013 22:49:00 GMTUS copper scrap discounts narrowDiscounts 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. http://www.amm.com/Article/3218610/US-copper-scrap-discounts-narrow.htmlThu, 13 Jun 2013 22:42:00 GMTFreedom Metals plans new scrapyardFreedom Metals Inc. has announced plans to open a new scrapyard on the south side of Louisville, Ky. http://www.amm.com/Article/3218594/Freedom-Metals-plans-new-scrapyard.htmlThu, 13 Jun 2013 21:27:00 GMTAluminum die caster MPP expanding Aluminum die caster Madison Precision Products Inc. (MPP) has announced a $16-million expansion.http://www.amm.com/Article/3218578/Aluminum-die-caster-MPP-expanding.htmlThu, 13 Jun 2013 21:11:00 GMTRecleim appliance recycling project moving forwardRecleim LLC, which is working to open a flagship appliance and electronic recycling waste facility in Graniteville, S.C., has hired key personnel for the operation and plans to begin the renovation and refit of a former textile plant this summer. http://www.amm.com/Article/3218535/Recleim-appliance-recycling-project-moving-forward.htmlThu, 13 Jun 2013 19:07:00 GMTFerrous scrap exports sink in April, data showU.S. ferrous scrap exports plummeted in April after a drop-off in demand from what are normally the four largest buyers of U.S. scrap sent monthly volumes below 1 million tonnes for the first time in six-and-a-half years. http://www.amm.com/Article/3218371/Ferrous-scrap-exports-sink-in-April-data-show.htmlThu, 13 Jun 2013 15:23:00 GMTW. Coast ferrous scrap export prices weakenU.S. West Coast export prices for containerized ferrous scrap are on shaky ground, with Asian consumers pushing for lower tags amid light demand. http://www.amm.com/Article/3218076/W-Coast-ferrous-scrap-export-prices-weaken.htmlWed, 12 Jun 2013 22:08:00 GMTZorba prices dip; higher grades being soughtExport prices for shredded aluminum scrap, or zorba, have weakened over the past month as exporters have attempted to elevate metallic minimums to meet China’s stepped-up standards for solid waste imports (amm.com, May 16). http://www.amm.com/Article/3218019/Zorba-prices-dip-higher-grades-being-sought.htmlWed, 12 Jun 2013 20:16:00 GMT‘Green Fence’ hinders zurik shipments to ChinaChina’s stepped-up enforcement of existing regulations on solid waste imports, known as Operation Green Fence, has made it virtually impossible to ship shredded nonferrous sensor-sorted scrap to Chinese ports, several export sources told AMM. http://www.amm.com/Article/3218018/Green-Fence-hinders-zurik-shipments-to-China.htmlWed, 12 Jun 2013 20:13:00 GMTPhiladelphia recycler settles shredder noise complaintsA Philadelphia shredder will reimburse the city, pay a civil penalty and take steps to reduce noise to settle alleged violations. http://www.amm.com/Article/3217972/Philadelphia-recycler-settles-shredder-noise-complaints.htmlWed, 12 Jun 2013 18:00:00 GMTTennessee’s Kan Metal gets ‘go’ to open on 4.3-acre siteThe third time proved the charm for a Tennessee metals recycler, who has now gained the necessary support for his business. http://www.amm.com/Article/3217588/Tennessees-Kan-Metal-gets-go-to-open-on-43-acre-site.htmlTue, 11 Jun 2013 22:08:00 GMTMich. recycler ordered to pay $280,000 to Choice TradingA federal judge has issued a default judgment for nearly $280,000 against Global Family Recycling LLC, Warren, Mich., and owner Joe Skorupski for allegedly shorting Choice Trading LLC in 2010. http://www.amm.com/Article/3217582/Mich-recycler-ordered-to-pay-280000-to-Choice-Trading.htmlTue, 11 Jun 2013 21:57:00 GMTStainless scrap prices lose more groundConsumer and broker/processor buying prices for 300-series stainless scrap have fallen again as market participants brace for a particularly slow summer. http://www.amm.com/Article/3217583/Stainless-scrap-prices-lose-more-ground.htmlTue, 11 Jun 2013 21:54:00 GMTAluminum scrap mill grades down on LMEPrices for mill-grade aluminum scrap fell June 10 as weakening terminal markets and tepid trading activity dragged the secondary market down. http://www.amm.com/Article/3217556/Aluminum-scrap-mill-grades-down-on-LME.htmlTue, 11 Jun 2013 20:55:00 GMTFerrous Scrap Index drops less than expectedMidwest ferrous scrap prices outperformed pre-trading speculation this month as late cues from steel mills offered glimpses of a better market. http://www.amm.com/Article/3217063/Ferrous-Scrap-Index-drops-less-than-expected.htmlMon, 10 Jun 2013 23:18:00 GMTCropsey Scrap faces water pollution lawsuitA Brooklyn, N.Y., scrap metal recycler is still facing a Clean Water Act lawsuit for allegedly discharging polluted stormwater runoff from its facility even after the state intervened. http://www.amm.com/Article/3217012/Cropsey-Scrap-faces-water-pollution-lawsuit.htmlMon, 10 Jun 2013 20:26:00 GMTStrengthening Midwest scrap mart stokes buysA late strengthening in obsolete scrap prices triggered by a rush to secure heavy melt and plate and structural scrap has worked to the advantage of steel mills that started their buying programs earlier this past weekhttp://www.amm.com/Article/3216548/Strengthening-Midwest-scrap-mart-stokes-buys.htmlFri, 07 Jun 2013 23:28:00 GMTWeitsman suing trucker, yard over missing scrapWeitsman Shredding LLC is suing a trucking company to recover the value of a container load of copper and steel wire from shredded electric motors—popularly known as "meatballs"—earmarked for export that was seized, released and then went missing. http://www.amm.com/Article/3216518/Weitsman-suing-trucker-yard-over-missing-scrap.htmlFri, 07 Jun 2013 20:52:00 GMTAluminum scrap prices follow LME higherMost prices for smelter-grade aluminum scrap rose June 6 on recent upticks on the London Metal Exchange, market sources told AMM. http://www.amm.com/Article/3216505/Aluminum-scrap-prices-follow-LME-higher.htmlFri, 07 Jun 2013 19:45:00 GMTMerchant bar tags flat; mills hold on pricingThe merchant bar market has been stable in the past week as mills generally stuck to published prices, although discounts were sometimes available based on requested sizes, quantities, mill stock levels and expectations about scrap prices, according to most market participants. http://www.amm.com/Article/3216483/Merchant-bar-tags-flat-mills-hold-on-pricing.htmlFri, 07 Jun 2013 18:21:00 GMTMississippi River reopening to traffic after floodThe U.S. Coast Guard and the U.S. Army Corps of Engineers have begun taking steps to get Mississippi River traffic moving again as floodwaters began to recede. http://www.amm.com/Article/3216477/Mississippi-River-reopening-to-traffic-after-flood.htmlFri, 07 Jun 2013 17:54:00 GMTNovelis puts roof on $250M recycling center in GermanyNovelis Inc. has installed the roof on its new $250-million aluminum recycling and casting plant in Nachterstedt, Germany. http://www.amm.com/Article/3216310/Novelis-puts-roof-on-250M-recycling-center-in-Germany.htmlFri, 07 Jun 2013 15:01:00 GMTScrap tags strengthen as trading presses onObsolete ferrous scrap prices strengthened in the second tranche of trading in key Midwest regions as an apparent demand spike encouraged scrap dealers to hold out for better pricing.http://www.amm.com/Article/3215983/Scrap-tags-strengthen-as-trading-presses-on.htmlThu, 06 Jun 2013 23:19:00 GMTCopper discounts flat; brass scrap prices riseBrass scrap prices were up across the board as strong demand from international consumers coupled with higher copper prices on Comex to support the secondary sector, market sources said. http://www.amm.com/Article/3215975/Copper-discounts-flat-brass-scrap-prices-rise.htmlThu, 06 Jun 2013 22:56:00 GMTExecutive team will oversee Sims until new chief namedSims Metal Management Ltd. has appointed a team of executives to manage the company until a successor is selected to replace retiring chief executive officer Daniel W. Dienst, the company said. http://www.amm.com/Article/3215967/Executive-team-will-oversee-Sims-until-new-chief-named.htmlThu, 06 Jun 2013 22:21:00 GMTTokyo Steel resumes scrap price cuts after one monthTokyo Steel Manufacturing Co. Ltd. has adjusted its scrap purchase prices for the first time in a month, cutting them by ¥500 ($5) per tonne. http://www.amm.com/Article/3215562/Tokyo-Steel-resumes-scrap-price-cuts-after-one-month.htmlThu, 06 Jun 2013 14:45:00 GMTSurcharge discontent said brewing with millsGerdau Long Steel North America’s move to set its steel prices before scrap settles for the second consecutive month appears to signal the market’s growing discontent with the raw material surcharge mechanism, steel sources say.http://www.amm.com/Article/3215266/Surcharge-discontent-said-brewing-with-mills.htmlWed, 05 Jun 2013 22:52:00 GMTChicago scrap trade may mirror Detroit: marketSteel mills in Chicago, northwestern Indiana and St. Louis have begun scrap negotiations for June, with early trends following those set by Detroit earlier this week.http://www.amm.com/Article/3215269/Chicago-scrap-trade-may-mirror-Detroit-market.htmlWed, 05 Jun 2013 22:31:00 GMTMississippi River shippers face flooding delaysFlooding has forced several lock closures along the upper Mississippi River, stranding some barges carrying steel and steelmaking materials below St. Louis, according to government and industry sources. http://www.amm.com/Article/3215248/Mississippi-River-shippers-face-flooding-delays.htmlWed, 05 Jun 2013 21:39:00 GMTBulk ferrous scrap export prices dip furtherFerrous scrap export prices may not have bottomed out, as some market participants previously believed, as more information surfaces about the two most recent bulk cargo sales to Turkey. http://www.amm.com/Article/3215226/Bulk-ferrous-scrap-export-prices-dip-further.htmlWed, 05 Jun 2013 21:03:00 GMTNJ scrap legislation seen hurting peddler scrap flowA New Jersey bill imposing stepped-up restrictions on the purchase of scrap metals could present significant headwinds for the intake of peddler scrap, sources said. http://www.amm.com/Article/3215191/NJ-scrap-legislation-seen-hurting-peddler-scrap-flow.htmlWed, 05 Jun 2013 19:28:00 GMTScrap lead battery prices follow LME higherScrap lead battery prices have moved higher along with a rise in primary lead, with sellers reportedly having re-entered the market to take advantage of the higher tags. http://www.amm.com/Article/3215184/Scrap-lead-battery-prices-follow-LME-higher.htmlWed, 05 Jun 2013 18:54:00 GMTJapanese scrap exports continue to rise on strong S. Korea demandJapanese ferrous scrap exports continue to soar amid strong demand from South Korean mini-mills. http://www.amm.com/Article/3214991/Japanese-scrap-exports-continue-to-rise-on-strong-S-Korea-demand.htmlWed, 05 Jun 2013 14:58:00 GMTBulk scrap sale to Turkey arrests price declineA fresh bulk cargo sale of ferrous scrap from the East Coast to Turkey has some market participants believing the market is at or near its floor. http://www.amm.com/Article/3214648/Bulk-scrap-sale-to-Turkey-arrests-price-decline.htmlTue, 04 Jun 2013 23:20:00 GMTDetroit’s ferrous scrap market above forecastSupply-side fundamentals prevented ferrous scrap prices from falling drastically for a third consecutive month after mills in Detroit traded at unexpected price levels June 4. http://www.amm.com/Article/3214643/Detroits-ferrous-scrap-market-above-forecast.htmlTue, 04 Jun 2013 22:58:00 GMTMaine recyclers get OK to pay with debit, credit cardsMaine has loosened its scrap regulations to allow metal recyclers to use more methods of payment. http://www.amm.com/Article/3214634/Maine-recyclers-get-OK-to-pay-with-debit-credit-cards.htmlTue, 04 Jun 2013 22:08:00 GMTStainless scrap prices drift on low ordersStainless scrap broker, processor and dealer buying prices have fallen, with weak June orders from consumers offsetting any gains in nickel prices on the London Metal Exchange. http://www.amm.com/Article/3214577/Stainless-scrap-prices-drift-on-low-orders.htmlTue, 04 Jun 2013 20:19:00 GMTRetired City Iron & Metal exec David Rosenberg dies at 90David Rosenberg, former president of City Iron & Metal Co. in Hastings, Neb., died June 1 at the age of 90—just one year short of the company’s centennial anniversary. http://www.amm.com/Article/3214558/Retired-City-Iron-and-Metal-exec-David-Rosenberg-dies-at-90.htmlTue, 04 Jun 2013 18:53:00 GMTAuto recycler Copart racks up salvage yard acquisitionsCopart Inc. has picked up more than three dozen new salvage yards with its acquisition of Salvage Parent Inc., which operates at 39 locations in 14 states. http://www.amm.com/Article/3214540/Auto-recycler-Copart-racks-up-salvage-yard-acquisitions.htmlTue, 04 Jun 2013 18:01:00 GMTTwo men arrested in string of copper theftsTwo men have been arrested in connection with a string of copper thefts at a drilling equipment manufacturing facility in Frierson, La.http://www.amm.com/Article/3214079/Two-men-arrested-in-string-of-copper-thefts.htmlMon, 03 Jun 2013 23:22:00 GMTUS scrap export prices dip on stronger dollarU.S. bulk ferrous scrap export tags fell at the start of June after logging declines during every week of May, as weak demand and a stronger dollar dictated market levels. http://www.amm.com/Article/3214077/US-scrap-export-prices-dip-on-stronger-dollar.htmlMon, 03 Jun 2013 22:38:00 GMTUpstate seeks Pa. shredder approvalUpstate Shredding LLC-Ben Weitsman & Son Inc. is seeking approval to install an auto shredder at its recent acquisition in New Castle, Pa. http://www.amm.com/Article/3214041/Upstate-seeks-Pa-shredder-approval.htmlMon, 03 Jun 2013 21:46:00 GMTDeox hit by weak demand, rise in flow of scrapPrices for deoxidized aluminum weakened in May as slowing demand from steel mills caused heavy price competition among producers, sources said. http://www.amm.com/Article/3214015/Deox-hit-by-weak-demand-rise-in-flow-of-scrap.htmlMon, 03 Jun 2013 20:14:00 GMTE-scrap export debate heats upA fresh analysis of a proposed ban on electronic scrap exports has reignited a bitter dispute between two e-cycling industry groups. http://www.amm.com/Article/3213526/E-scrap-export-debate-heats-up.htmlFri, 31 May 2013 23:22:00 GMTTrafigura said eyeing US aluminum scrap moveGlobal trading house Trafigura AG/Nems (USA) Inc. is considering an entry into the U.S. secondary aluminum market, market sources said. http://www.amm.com/Article/3213519/Trafigura-said-eyeing-US-aluminum-scrap-move.htmlFri, 31 May 2013 22:39:00 GMTEnvironmental group sues California recyclerPremier Recycle Co. has been sued by an environmental group over alleged violations of the federal Clean Water Act at its facility in San Jose, Calif. http://www.amm.com/Article/3213514/Environmental-group-sues-Californiarecycler.htmlFri, 31 May 2013 21:54:00 GMTAluminum scrap prices get boost from LMEMill-grade aluminum scrap prices strengthened May 30, in step with an increase in primary metal on the London Metal Exchange. http://www.amm.com/Article/3213512/Aluminum-scrap-prices-get-boost-from-LME.htmlFri, 31 May 2013 21:53:00 GMTJapanese ferrous scrap prices fall, but market seen stabilizingJapan’s domestic scrap prices drifted lower for the seventh consecutive week, but there are few incentives for prices to fall or rise sharply. http://www.amm.com/Article/3213446/Japanese-ferrous-scrap-prices-fall-but-market-seen-stabilizing.htmlFri, 31 May 2013 18:05:00 GMTCopper scrap discounts hold steadyDiscounts for most copper scrap grades remain on par with previous levels, with sources noting that demand from overseas consumers, coupled with domestic supply shortages, continues to buoy the market. http://www.amm.com/Article/3212865/Copper-scrap-discounts-hold-steady.htmlThu, 30 May 2013 21:28:00 GMTUS export prices still on shaky ground U.S. ferrous scrap export prices continued to trend lower this week as market conditions for finished steel products remained bleak across the world. http://www.amm.com/Article/3212856/US-export-prices-still-on-shaky-ground.htmlThu, 30 May 2013 21:21:00 GMTPSC appoints Pujadas to replace EhretAndre Pujadas has been named president of PSC Metals Inc.’s northern operations, replacing Randy Ehret, who is no longer with the scrap processor and broker.http://www.amm.com/Article/3212867/PSC-appoints-Pujadas-to-replace-Ehret.htmlThu, 30 May 2013 21:20:00 GMTRecycler, environment group agree to settle water lawsuitA California environmental group has settled its Clean Water Act lawsuit against Los Angeles-based Glory Recycling Inc. and its wholly owned subsidiary, C&M Metals Inc. http://www.amm.com/Article/3212806/Recycler-environment-group-agree-to-settle-water-lawsuit.htmlThu, 30 May 2013 19:53:00 GMTCMP Recycling to open NM yardA new metals recycler plans to open an operation in Chaparral, N.M. http://www.amm.com/Article/3212660/CMP-Recycling-to-open-NM-yard.htmlThu, 30 May 2013 17:46:00 GMTTMR names Schaefer interim president as other execs exitTrademark Metals Recycling LLC (TMR) has tapped Mark Schaefer to serve as interim president, the company said May 29, also announcing various other appointments to replace departing executives. http://www.amm.com/Article/3212647/TMR-names-Schaefer-interim-president-as-other-execs-exit.htmlThu, 30 May 2013 17:25:00 GMTSchnitzer expects weaker profits in quarterSchnitzer Steel Industries Inc. is warning investors that it will realize lower earnings in its fiscal third quarter due to declining selling prices, constrained supply trends and lower tax benefits. http://www.amm.com/Article/3212103/Schnitzer-expects-weaker-profits-in-quarter.htmlWed, 29 May 2013 22:10:00 GMTTriple M Metal to get $965,000 for shredderTriple M Metal LP is receiving Canadian $1 million ($965,082) in government support toward its new automobile shredder in Sault Ste. Marie, Ontario. http://www.amm.com/Article/3212090/Triple-M-Metal-to-get-965000-for-shredder.htmlWed, 29 May 2013 21:33:00 GMTRecyclers face $10-million Calif. lawsuitThe owners of a now-defunct recycling facility in San Francisco are facing a $10-million lawsuit that claims they willfully destroyed sales records in an effort to avoid inspection. http://www.amm.com/Article/3212051/Recyclers-face-10-million-Calif-lawsuit.htmlWed, 29 May 2013 20:53:00 GMTStainless scrap prices steady as market slowsStainless steel scrap broker/processor buying prices were unchanged this week, with sources saying that scrap dealers are increasingly likely to hold onto material until profit margins improve. http://www.amm.com/Article/3212024/Stainless-scrap-prices-steady-as-market-slows.htmlWed, 29 May 2013 19:19:00 GMTAluminum scrap prices dip slightlySome grades of secondary smelters’ aluminum scrap fell May 28, as market participants said that scrap supply continued to loosen over the past week.http://www.amm.com/Article/3212023/Aluminum-scrap-prices-dip-slightly.htmlWed, 29 May 2013 19:09:00 GMTDurant Iron & Metal founder Raymond Waddell dies at 76Raymond E. Waddell Jr., a scrap veteran who spent more than half a century in the industry, has died aged 76. http://www.amm.com/Article/3211991/Durant-Iron-and-Metal-founder-Raymond-Waddell-dies-at-76.htmlWed, 29 May 2013 18:13:00 GMTFerrous scrap mart braces for global weaknessFerrous scrap participants globally are bracing themselves for a weaker market for the remainder of 2013 against slow demand in the steel sector, a theme that dominated proceedings during a session at this week’s Bureau of International Recycling (BIR) conference in Shanghai.http://www.amm.com/Article/3211902/Ferrous-scrap-mart-braces-for-global-weakness.htmlWed, 29 May 2013 16:46:00 GMTCamu pushes for VAT rebates for scrap recyclersThe China Association of Metal Scrap Utilization (Camu), which represents the country’s ferrous scrap recyclers and consumers, continues to urge the Chinese government to give value-added tax (VAT) rebates to standardized scrap recyclers. http://www.amm.com/Article/3211797/Camu-pushes-for-VAT-rebates-for-scrap-recyclers.htmlWed, 29 May 2013 14:51:00 GMTMinn. governor OKs new scrap rulesMinnesota recyclers will have to hold untitled vehicles for 15 days now that Gov. Mark Dayton has signed off on modifications to existing scrap metal regulations that aim to put the brakes on vehicle thefts.http://www.amm.com/Article/3211500/Minn-governor-OKs-new-scrap-rules.htmlTue, 28 May 2013 22:01:00 GMTBehr Iron & Metal to acquire Morris TickBehr Iron & Metal Co. is acquiring Bloomington, Ill.-based Morris Tick Co., deepening its foothold in the Midwest. http://www.amm.com/Article/3211459/Behr-Iron-and-Metal-to-acquire-Morris-Tick.htmlTue, 28 May 2013 21:04:00 GMTAluminum wheels hit by supply glut, LME dipPrices for scrap aluminum wheels have fallen since the start of May as recent downturns on the London Metal Exchange coupled with greater supply have caused the wheel market to "soften slightly," sources say.http://www.amm.com/Article/3211414/Aluminum-wheels-hit-by-supply-glut-LME-dip.htmlTue, 28 May 2013 19:42:00 GMTGerdau seeks to expand Ontario shredder landfillGerdau is a step closer to increasing the size of a Whitby, Ontario, landfill that accepts residue from its auto shredder operation. http://www.amm.com/Article/3211318/Gerdau-seeks-to-expand-Ontario-shredder-landfill.htmlTue, 28 May 2013 17:09:00 GMTRonald Schumann, owner of I. Schumann & Co., dies at 67Ronald Louis Schumann, vice chairman and owner of I. Schumann & Co. LLC, died May 17 after a short battle with lung cancer. He was 67. http://www.amm.com/Article/3211301/Ronald-Schumann-owner-of-I-Schumann-and-Co-dies-at-67.htmlTue, 28 May 2013 16:42:00 GMTSmall importers feel crackdown in ChinaStricter supervision by Chinese customs has hit small-scale scrap importers in China, according to delegates at the Bureau of International Recycling (BIR) conference in Shanghai.http://www.amm.com/Article/3211275/Small-importers-feel-crackdown-in-China.htmlTue, 28 May 2013 16:19:00 GMTAluminum scrap prices fall amid oversupplySome grades of secondary smelters’ aluminum scrap fell May 23, as participants said that domestic supply has loosened as a result of improving weather conditions across much of the Midwest. http://www.amm.com/Article/3210767/Aluminum-scrap-prices-fall-amid-oversupply.htmlFri, 24 May 2013 20:54:00 GMTAmerimex Recycling prevails in suit against PPG IndustriesAmerimex Recycling LLC has won a breach-of-contract lawsuit against PPG Industries Inc., which it had accused of wrongly terminating a scrap metal contract. http://www.amm.com/Article/3210764/Amerimex-Recycling-prevails-in-suit-against-PPG-Industries.htmlFri, 24 May 2013 20:50:00 GMTUS ferrous scrap prices seen softening in JuneFerrous scrap prices appear to be leaning toward another price drop in June, according to early market speculation. http://www.amm.com/Article/3210755/US-ferrous-scrap-prices-seen-softening-in-June.htmlFri, 24 May 2013 20:32:00 GMTAluminum, copper drive scrap exports lowerU.S. nonferrous scrap exports dropped significantly in the first quarter compared with the same period last year as aluminum and copper scrap struggled to secure demand. http://www.amm.com/Article/3210480/Aluminum-copper-drive-scrap-exports-lower.htmlFri, 24 May 2013 14:22:00 GMTISRI teams with nonprofit to promote careersThe Institute of Scrap Recycling Industries is teaming up with a nonprofit organization to educate students on career prospects in the recycling industry. http://www.amm.com/Article/3210135/ISRI-teams-with-nonprofit-to-promote-careers.htmlThu, 23 May 2013 21:13:00 GMTCopper scrap discounts up on ComexMost copper scrap grades saw discounts increase May 22 as a recent strengthening on the Comex, coupled with subdued domestic demand, caused spreads to widen, market participants say. http://www.amm.com/Article/3210116/Copper-scrap-discounts-up-on-Comex.htmlThu, 23 May 2013 20:42:00 GMTPSC dismisses Rittenhouse, three othersGarey Rittenhouse has been dismissed as vice president of nonferrous trading at PSC Metals Inc., he told AMM.http://www.amm.com/Article/3210049/PSC-dismisses-Rittenhouse-three-others.htmlThu, 23 May 2013 19:28:00 GMTNavy worker indicted in scrap conspiracyThe former manager of a U.S. Navy bombing range has been accused of conspiring with salvage yard owners to steal $6.7 million in scrap metal between 2005 and 2011. http://www.amm.com/Article/3209971/Navy-worker-indicted-in-scrap-conspiracy.htmlThu, 23 May 2013 18:14:00 GMTW. Coast scrap export prices sink to 5-year lowWest Coast ferrous scrap export prices for bulk shipments have dropped to a nearly five-year low as exporters continue to search for demand in Far East Asia.http://www.amm.com/Article/3209422/W-Coast-scrap-export-prices-sink-to-5-year-low.htmlWed, 22 May 2013 21:47:00 GMTAsian shift hits US scrap exports in quarterU.S. ferrous scrap exports slipped slightly in the first quarter compared with a year earlier as demand from Asian consumers remained underwhelming. http://www.amm.com/Article/3209419/Asian-shift-hits-US-scrap-exports-in-quarter.htmlWed, 22 May 2013 21:38:00 GMTLME, die casters discuss Nasaac concernsNadca, along with representatives from several large die casting firms, met with officials from the LME’s aluminum committee May 22 to discuss the effectiveness of the Nasaac, Nadca president Daniel L. Twarog said.http://www.amm.com/Article/3209415/LME-die-casters-discuss-Nasaac-concerns.htmlWed, 22 May 2013 21:27:00 GMT