Scraphttp://www.amm.comhttp://feeds.feedburner.com/amm/WjlM©2013 www.amm.com60ScrapAluminum 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 GMTFormer Kan. smelter site joins EPA’s Superfund priorities listA site in Kansas' Allen County that was once home to many lead and zinc smelters will be added to the U.S. Environmental Protection Agency’s Superfund National Priorities List, the EPA said. http://www.amm.com/Article/3209407/Former-Kan-smelter-site-joins-EPAs-Superfund-priorities-list.htmlWed, 22 May 2013 21:16:00 GMTOre. recycler files for Chapter 11 bankruptcyAn Oregon auto and scrap metal recycler has filed for Chapter 11 bankruptcy protection. http://www.amm.com/Article/3209387/Ore-recycler-files-for-Chapter-11-bankruptcy.htmlWed, 22 May 2013 20:09:00 GMTMetalico to purchase two Segel & Son yardsMetalico Inc. is buying two privately held scrapyards in Pennsylvania and New York. http://www.amm.com/Article/3209369/Metalico-to-purchase-two-Segel-and-Son-yards.htmlWed, 22 May 2013 19:08:00 GMTEurope's copper scrap supply remains constrictedEuropean copper scrap supply remains tight despite rebounding copper prices since mid-April, market sources said. http://www.amm.com/Article/3209300/Europes-copper-scrap-supply-remains-constricted.htmlWed, 22 May 2013 16:55:00 GMTSecondary aluminum alloy prices declineSlowing demand and loosening scrap supply caused some secondary aluminum alloys to weaken May 20, sources said. http://www.amm.com/Article/3208838/Secondary-aluminum-alloy-prices-decline.htmlTue, 21 May 2013 20:32:00 GMTAutomotive Core Supply to open yard in Lakeland, Fla.City officials in Lakeland, Fla., have approved Automotive Core Supply Inc.’s request to open a metals recycling facility in the city. http://www.amm.com/Article/3208826/Automotive-Core-Supply-to-open-yard-in-Lakeland-Fla.htmlTue, 21 May 2013 20:13:00 GMTStainless scrap processors’ buying prices slideStainless steel scrap processor buying prices have dropped along with official nickel pricing, with processors now looking toward the second half of the year for a pickup in orders.http://www.amm.com/Article/3208803/Stainless-scrap-processors-buying-prices-slide.htmlTue, 21 May 2013 19:11:00 GMTExporters seeing rise in scrap theftsShippers of raw materials have seen a dramatic increase in thefts from containers in China, an indirect result of the country’s Operation Green Fence crackdown on scrap imports. http://www.amm.com/Article/3208801/Exporters-seeing-rise-in-scrap-thefts.htmlTue, 21 May 2013 19:02:00 GMTPhilly recycler plans to install auto shredderA Philadelphia recycler has been quietly making plans to install an auto shredder. http://www.amm.com/Article/3208790/Philly-recycler-plans-to-install-auto-shredder.htmlTue, 21 May 2013 18:27:00 GMTBulk scrap export prices hit three-year lowU.S. East Coast bulk ferrous scrap export prices fell to a three-year low this past week as Turkish mill buyers continued to hammer down prices. http://www.amm.com/Article/3208226/Bulk-scrap-export-prices-hit-three-year-low.htmlMon, 20 May 2013 21:27:00 GMTFormer Sims employee seeks trial by juryA former employee of Sims Group USA Corp. who filed a lawsuit against the company alleging wrongful termination, age discrimination, retaliation and conversion has asked for a jury trial. http://www.amm.com/Article/3208220/Former-Sims-employee-seeks-trial-by-jury.htmlMon, 20 May 2013 21:09:00 GMTUpdated scrap bills heading to Mo. governor for approvalMissouri’s Senate has approved updated scrap metal legislation, which now heads to the desk of Gov. Jay Nixon for his signature. http://www.amm.com/Article/3208162/Updated-scrap-bills-heading-to-Mo-governor-for-approval.htmlMon, 20 May 2013 18:31:00 GMTChina Armco’s 1st-qtr. sales fall 70.9%China Armco Metals Inc.’s revenue took a hit in the first quarter as metal ore trading declined dramatically, although the company managed to narrow its net loss compared with the same year-ago period. http://www.amm.com/Article/3208075/China-Armcos-1st-qtr-sales-fall-709.htmlMon, 20 May 2013 16:31:00 GMTUS scrap prices to India sink on slack demandA near-standstill in demand for containerized ferrous scrap from India has sent U.S. containerized export prices to the country down significantly.http://www.amm.com/Article/3207707/US-scrap-prices-to-India-sink-on-slack-demand.htmlFri, 17 May 2013 23:27:00 GMTSoRec joins bid to revise PCB disposal permitSouthern Recycling LLC has joined several environmental groups in their efforts to revise a general permit that regulates the sinking of U.S. Navy vessels.http://www.amm.com/Article/3207639/SoRec-joins-bid-to-revise-PCB-disposal-permit.htmlFri, 17 May 2013 21:12:00 GMTArizona enacts two laws impaciting scrap metal recyclersThe governor of Arizona has signed into law two bills that will affect scrap metal recyclers. http://www.amm.com/Article/3207626/Arizona-enacts-two-laws-impaciting-scrap-metal-recyclers.htmlFri, 17 May 2013 20:23:00 GMTSecondary aluminum alloy prices hold steadySlowing demand and lower scrap prices could bring secondary aluminum alloy prices down in the coming weeks, according to market sources. http://www.amm.com/Article/3207616/Secondary-aluminum-alloy-prices-hold-steady.htmlFri, 17 May 2013 19:08:00 GMTAcme Refining, SMS said in Chicago shredder ventureRumors are swirling that Chicago might be getting a new shredded scrap player. http://www.amm.com/Article/3207489/Acme-Refining-SMS-said-in-Chicago-shredder-venture.htmlFri, 17 May 2013 16:26:00 GMTUS bulk export tags to Turkey near 3-year lowU.S. bulk scrap export prices to Turkey dropped to a nearly three-year low Thursday as mill buyers continued to drive prices downward. http://www.amm.com/Article/3207069/US-bulk-export-tags-to-Turkey-near-3-year-low.htmlThu, 16 May 2013 22:22:00 GMTChina outlines details of ‘Green Fence’ A document detailing various initiatives set forth in "Operation Green Fence" has been released by the Chinese government, offering the first official explanation of the nation’s increased enforcement and supervision on imports of raw materials. http://www.amm.com/Article/3207064/China-outlines-details-of-Green-Fence.htmlThu, 16 May 2013 21:45:00 GMTCopper scrap discounts narrow on Comex dropMost copper scrap grades saw discounts slip May 15 as market participants said that downward movement on Comex had caused spreads to tighten slightly. http://www.amm.com/Article/3207063/Copper-scrap-discounts-narrow-on-Comex-drop.htmlThu, 16 May 2013 21:25:00 GMTBill aims to stop DOE plan to lift ban on radioactive scrapA congressman has introduced a bill that would block a U.S. Department of Energy (DOE) proposal to lift a ban on recycling radioactive metal. http://www.amm.com/Article/3207039/Bill-aims-to-stop-DOE-plan-to-lift-ban-on-radioactive-scrap.htmlThu, 16 May 2013 20:47:00 GMTPSC moves to get back on its feet, sets closuresPSC Metals Inc. plans to shutter half a dozen scrapyards and idle some shredding assets in the second quarter. http://www.amm.com/Article/3206996/PSC-moves-to-get-back-on-its-feet-sets-closures.htmlThu, 16 May 2013 19:51:00 GMTISA swings to loss in 1st qtr. as stainless shipments slideIndustrial Services of America Inc. (ISA) posted a first-quarter net loss of $115,000 on a 43.6-percent drop in revenue to $34.8 million. http://www.amm.com/Article/3206918/ISA-swings-to-loss-in-1st-qtr-as-stainless-shipments-slide.htmlThu, 16 May 2013 19:10:00 GMTScrap futures contract sees tonnage spikeThe scrap futures market has enjoyed a sudden spike in tonnage, logging its strongest monthly performance since its launch. http://www.amm.com/Article/3206351/Scrap-futures-contract-sees-tonnage-spike.htmlWed, 15 May 2013 21:06:00 GMTSims plans to write down $113.6 millionSims Metal Management Ltd. expects to write down about Australian $115 million ($113.6 million) in its fiscal second half, the company said late May 14. http://www.amm.com/Article/3206342/Sims-plans-to-write-down-1136-million.htmlWed, 15 May 2013 20:27:00 GMTSchnitzer’s Pick-n-Pull to enter Rhode IslandSchnitzer Steel Industries Inc. subsidiary Pick-n-Pull plans to enter the Rhode Island market in the near future. http://www.amm.com/Article/3206321/Schnitzers-Pick-n-Pull-to-enter-Rhode-Island.htmlWed, 15 May 2013 18:49:00 GMTOwner of NC recycler arrestedThe owner of North Carolina recycler Raleigh Metal Recycling is facing charges of allegedly violating a state secondary metals recycling law.http://www.amm.com/Article/3206295/Owner-of-NC-recycler-arrested.htmlWed, 15 May 2013 17:54:00 GMTBrazil scrap exports stabilize as local demand improvesBrazilian ferrous scrap exports have stabilized in April compared with the same month last year following 12 consecutive monthly rises amid an improvement in the domestic long steel product market. http://www.amm.com/Article/3206067/Brazil-scrap-exports-stabilize-as-local-demand-improves.htmlWed, 15 May 2013 13:33:00 GMTMich. metals theft bill calls for more policing, registryLegislators in Michigan have introduced three bills to the state House of Representatives aimed at combatting metals theft. http://www.amm.com/Article/3205846/Mich-metals-theft-bill-calls-for-more-policing-registry.htmlTue, 14 May 2013 22:54:00 GMTNC recyclers receive state grants to increase capacitySix recyclers have been named recipients of North Carolina Recycling Business Assistance Center grants for 2013. http://www.amm.com/Article/3205821/NC-recyclers-receive-state-grants-to-increase-capacity.htmlTue, 14 May 2013 22:08:00 GMTStainless scrap consumer buying prices fallStainless scrap consumer buying prices have dropped amid low demand and reports of oversupply, although broker/processor prices rebounded slightly as terminal nickel markets jumped.http://www.amm.com/Article/3205808/Stainless-scrap-consumer-buying-prices-fall.htmlTue, 14 May 2013 21:20:00 GMTTwitch tags plummet on ‘Green Fence’ concernsThe price for twitch, a higher grade of shredded nonferrous automotive scrap, fell about 9 percent May 13 as market participants said China’s "Operation Green Fence" was creating an oversupply of raw material. http://www.amm.com/Article/3205797/Twitch-tags-plummet-on-Green-Fence-concerns.htmlTue, 14 May 2013 20:42:00 GMTLME, Nadca to meet May 22 to discuss NasaacThe London Metal Exchange and the North American Die Casting Association (Nadca) will meet May 22 to discuss Nadca’s concerns about the long-term viability of the Nasaac, Nadca president Daniel L. Twarog told AMM.http://www.amm.com/Article/3205789/LME-Nadca-to-meet-May-22-to-discuss-Nasaac.htmlTue, 14 May 2013 20:29:00 GMTSMC plans yard to serve Miss. shredderSMC Recycling Inc. plans to open a new feeder yard to support its Corinth, Miss., auto shredding facility. http://www.amm.com/Article/3205702/SMC-plans-yard-to-serve-Miss-shredder.htmlTue, 14 May 2013 18:09:00 GMTTrader Jeff Allman exits TrafiguraJeff Allman, a ferrous raw materials trader at Trafigura AG/NEMS (USA) Inc., is no longer with the company, a spokesman confirmed. http://www.amm.com/Article/3205675/Trader-Jeff-Allman-exits-Trafigura.htmlTue, 14 May 2013 17:33:00 GMTQuirke leaves OneSteel RecyclingThomas Quirke, president of OneSteel Recycling Inc., has resigned effective May 14. http://www.amm.com/Article/3205669/Quirke-leaves-OneSteel-Recycling.htmlTue, 14 May 2013 17:26:00 GMTOkla. governor OKs new scrap ruleNew scrap regulations that will take effect in Oklahoma later this year are being welcomed by metals recyclers in the state. http://www.amm.com/Article/3205201/Okla-governor-OKs-new-scrap-rule.htmlMon, 13 May 2013 22:13:00 GMTEx-bookkeeper accused of stealing from NY scrapyardA former office manager and bookkeeper for a New York recycler has been accused of embezzling more than $600,000 from the company.http://www.amm.com/Article/3205187/Ex-bookkeeper-accused-of-stealing-from-NY-scrapyard.htmlMon, 13 May 2013 21:19:00 GMTHarsco bearish on near-term outlookHarsco Corp. returned to profitability in the first quarter but expects to see revenue curbed by continued lower steel production volumes at the mills it serves. http://www.amm.com/Article/3205174/Harsco-bearish-on-near-term-outlook.htmlMon, 13 May 2013 20:42:00 GMTMidwest Scrap Index falls 5 percent in MayMidwest ferrous scrap prices dropped about 5 percent in May as sellers had little room to prop up prices on cues of weak domestic and export demand. http://www.amm.com/Article/3204527/Midwest-Scrap-Index-falls-5-percent-in-May.htmlFri, 10 May 2013 21:45:00 GMTLongtime S. Carolina recycler opens 3d siteEdward M. Sisk Inc. has opened its third metal recycling facility, marking a departure for the 67-year-old South Carolina company, which previously resisted expansion. http://www.amm.com/Article/3204438/Longtime-S-Carolina-recycler-opens-3d-site.htmlFri, 10 May 2013 20:14:00 GMTGovernment moves to keep $1.2M seized from Ohio scrapyardOhio Scrap Corp. is facing the permanent loss of $1.2 million seized in an Internal Revenue Service raid last November. http://www.amm.com/Article/3204400/Government-moves-to-keep-12M-seized-from-Ohio-scrapyard.htmlFri, 10 May 2013 19:56:00 GMTAluminum alloy tags fall on looser scrap supplySecondary aluminum alloy prices dipped May 9, with a slight loosening of scrap supply allowing producers to acquire raw materials at more attractive levels. http://www.amm.com/Article/3204362/Aluminum-alloy-tags-fall-on-looser-scrap-supply.htmlFri, 10 May 2013 18:34:00 GMTISA restructures board as Kletter retiresIndustrial Services of America Inc. (ISA) has changed its corporate governance structure and management following the retirement of its founder and chief executive officer Harry Kletter on May 7.http://www.amm.com/Article/3203792/ISA-restructures-board-as-Kletter-retires.htmlThu, 09 May 2013 23:06:00 GMTTurkey sends bulk export prices down againU.S. bulk ferrous scrap export prices have fallen for the second time in as many weeks as mill buyers in Turkey continue to drive prices down amid weak demand.http://www.amm.com/Article/3203773/Turkey-sends-bulk-export-prices-down-again.htmlThu, 09 May 2013 22:30:00 GMTScrap flows, spreads hurt Aleris in 1st qtr.Tight scrap flows and low spreads weighed on Aleris International Inc.’s first-quarter earnings, as weak prices on the London Metal Exchange continued to present significant challenges to near-term growth, company executives said on an earnings call May 9.http://www.amm.com/Article/3203770/Scrap-flows-spreads-hurt-Aleris-in-1st-qtr.htmlThu, 09 May 2013 22:15:00 GMTMetalico logs $1.2M loss in 1st qtr.Metalico Inc. posted a net loss in the first quarter, due in part to overcapacity that has plagued the entire scrap metal industry, the company said. http://www.amm.com/Article/3203764/Metalico-logs-12M-loss-in-1st-qtr.htmlThu, 09 May 2013 22:12:00 GMTIndia slaps new duties on scrap metal importsThe introduction of a new trade barrier on ferrous and nonferrous scrap metal by the Indian government has sparked outrage among U.S. exporters and Indian importers who expect volumes shipped to India to drop significantly as a result of the new fees.http://www.amm.com/Article/3203759/India-slaps-new-duties-on-scrap-metal-imports.htmlThu, 09 May 2013 21:48:00 GMTCorrection: TMK’s Oman pipe poised to arrive in USDue to a reporting error, an article in the May 8 edition incorrectly identified the headquarters of TMK Ipsco. The domestic subsidiary of Russian steelmaker OAO TMK, is based in Houston.http://www.amm.com/Article/3203753/Correction-TMKs-Oman-pipe-poised-to-arrive-in-US.htmlThu, 09 May 2013 20:57:00 GMTDiscounts for copper scrap widen in USMost copper scrap discounts widened May 8 as market participants said that the secondary market was reacting to a recent recovery in Comex pricing.http://www.amm.com/Article/3203708/Discounts-for-copper-scrap-widen-in-US.htmlThu, 09 May 2013 19:48:00 GMTOwner of Chicago yard faces new chargesThe owner of a Chicago scrapyard where eight stolen school buses were found shredded has been slapped with a host of new charges. http://www.amm.com/Article/3203464/Owner-of-Chicago-yard-faces-new-charges.htmlThu, 09 May 2013 16:01:00 GMTJudge tosses TXCAT’s lawsuit against PhoenixA judge has dismissed a lawsuit against Phoenix Group Metals LLC after determining the plaintiff failed to prove it had incurred a loss as a result of the alleged actions, Phoenix Group Metals said in a statement.http://www.amm.com/Article/3203026/Judge-tosses-TXCATs-lawsuit-against-Phoenix.htmlWed, 08 May 2013 22:14:00 GMTNations deny e-cycling policy changeDeveloping nations have successfully fought off certain Basel Convention policy changes aimed at regulating shipments of electronic recycling products to their countries. http://www.amm.com/Article/3203025/Nations-deny-e-cycling-policy-change.htmlWed, 08 May 2013 22:10:00 GMTContainer scrap prices slide as Taiwan retreatsWest Coast export prices for containerized ferrous scrap have retreated to late-April levels following the end of a brief demand spike from Taiwan.http://www.amm.com/Article/3203008/Container-scrap-prices-slide-as-Taiwan-retreats.htmlWed, 08 May 2013 21:42:00 GMTScrap lead battery prices declinePrices for whole junk batteries fell May 7 as weakening terminal markets and improved scrap flows led to a 2-cent-per-pound decline, sources said. http://www.amm.com/Article/3202994/Scrap-lead-battery-prices-decline.htmlWed, 08 May 2013 21:08:00 GMTExport Global Metals sues supplier over copper yieldExport Global Metals Inc. is suing Memking Recycling Group LLC and Components & More Inc., both of Carrollton, Texas, for alleged breach of contract over the quality of shipments of computer cables to China. http://www.amm.com/Article/3202998/Export-Global-Metals-sues-supplier-over-copper-yield.htmlWed, 08 May 2013 20:48:00 GMTChina's copper imports fall in AprilChinese copper imports fell 27.2 percent year on year and 7.4 percent month on month in April as open arbitrage failed to draw in enough shipments. http://www.amm.com/Article/3202904/Chinas-copper-imports-fall-in-April.htmlWed, 08 May 2013 18:01:00 GMTOhio tops metal theft claims list: NICBThe state of Ohio continues to top the National Insurance Crime Bureau (NICB) list of metal theft claims, while copper remains by far the material most often reported stolen.http://www.amm.com/Article/3202320/Ohio-tops-metal-theft-claims-list-NICB.htmlTue, 07 May 2013 21:47:00 GMTChina ports said overreacting on scrap rulesChina’s push to enforce rules on imports of certain recycled and waste products is focusing primarily on trade activities at major coastal ports and the provinces of Anhui, Hubei, Hunan and Jiangzi, according to an industry group. http://www.amm.com/Article/3202319/China-ports-said-overreacting-on-scrap-rules.htmlTue, 07 May 2013 21:39:00 GMTArca returns to profitability despite sales dipAppliance Recycling Centers of America Inc. (Arca) returned to profitability in the first quarter, citing the replacement of white goods by consumers as a driving force.http://www.amm.com/Article/3202308/Arca-returns-to-profitability-despite-sales-dip.htmlTue, 07 May 2013 21:38:00 GMTZorba glut causes concern for US scrap marketChina’s “Operation Green Fence,” which has stepped up enforcement of restrictions on raw material imports, has caused an oversupply of shredded aluminum scrap in the United States, sources told AMM.http://www.amm.com/Article/3202274/Zorba-glut-causes-concern-for-US-scrap-market.htmlTue, 07 May 2013 19:59:00 GMTCamden Iron & Metal sues former site ownersCamden Iron & Metal Inc. is suing the former owners of its scrapyard in Albany County, N.Y., in an effort to force them to pay for environmental remediation efforts at the site.http://www.amm.com/Article/3201711/Camden-Iron-and-Metal-sues-former-site-owners.htmlMon, 06 May 2013 21:12:00 GMTOregon recycler Metal Movers faces environmental fines The Oregon Department of Environmental Quality said it has fined Metal Movers LLC more than $17,000 for alleged environmental violations at its metals recycling facility in Helix.http://www.amm.com/Article/3201700/Oregon-recycler-Metal-Movers-faces-environmental-fines.htmlMon, 06 May 2013 20:55:00 GMTWSD unit, Nasdaq plan futures partnershipPlans are under way to launch a family of finished steel and scrap metal futures products in the United States this year to provide buyers and sellers along the steel supply chain another set of tools to help manage price volatility.http://www.amm.com/Article/3201689/WSD-unit-Nasdaq-plan-futures-partnership.htmlMon, 06 May 2013 19:53:00 GMTPSC Metals posts another 1st-qtr. lossPSC Metals Inc. continues its struggle to return to profitability, chalking up another first-quarter loss amid weaker ferrous shipments and selling prices.http://www.amm.com/Article/3201645/PSC-Metals-posts-another-1st-qtr-loss.htmlMon, 06 May 2013 17:05:00 GMTChicago scrap drops after speedy May talksSteel mills and their suppliers spent little time negotiating scrap prices in Chicago and Indiana this past week as both sides agreed to follow a mostly down-$20-per-gross-ton trend set a few days earlier in Detroit.http://www.amm.com/Article/3201344/Chicago-scrap-drops-after-speedy-May-talks.htmlFri, 03 May 2013 23:06:00 GMTSteel prices fall before scrap in ‘curious’ moveSome domestic steel mills may be considering moving away from using scrap-based raw material surcharges as a component in their finished steel pricing as recent volatility in scrap prices erodes suppliers’ pricing power, sources familiar with the situation said. http://www.amm.com/Article/3201325/Steel-prices-fall-before-scrap-in-curious-move.htmlFri, 03 May 2013 22:09:00 GMTAluminum scrap down on LME dropPrices for secondary aluminum smelter-grade scrap maintained their slide May 2, with sources telling AMM that buyers continue to test the lower levels of the market.http://www.amm.com/Article/3201295/Aluminum-scrap-down-on-LME-drop.htmlFri, 03 May 2013 20:18:00 GMTDeox prices fall in April amid fierce competition in marketPrices for deoxidized aluminum weakened slightly in April as intense price competition brought the overall market down, producers said. http://www.amm.com/Article/3201278/Deox-prices-fall-in-April-amid-fierce-competition-in-market.htmlFri, 03 May 2013 19:04:00 GMTMills achieve $20 fall in early May scrap tradesMidwest ferrous scrap trading kicked off in earnest May 2 in such key regions as Chicago and St. Louis, with prices closely following downward trends established a day earlier in nearby Detroit.http://www.amm.com/Article/3200666/Mills-achieve-20-fall-in-early-May-scrap-trades.htmlThu, 02 May 2013 22:44:00 GMTCopper scrap market wary on Comex swingsCopper scrap discounts continued to tighten May 1 as market participants grappled with wide fluctuations on Comex that one trader said are not "necessarily reflective of actual supply and demand figures." http://www.amm.com/Article/3200653/Copper-scrap-market-wary-on-Comex-swings.htmlThu, 02 May 2013 22:02:00 GMTScrap aluminum wheel prices fallPrices for scrap aluminum wheels have fallen slightly since last month as demand from producers of 356.1 alloy has weakened, according to market sources. http://www.amm.com/Article/3200562/Scrap-aluminum-wheel-prices-fall.htmlThu, 02 May 2013 21:03:00 GMTUK stainless scrap prices decreaseStainless steel scrap prices continued to fall in the United Kingdom last week on the back of declining demand and falling nickel prices. http://www.amm.com/Article/3200540/UK-stainless-scrap-prices-decrease.htmlThu, 02 May 2013 20:50:00 GMTNovelis offers high-recycled-content aluminum sheetNovelis Inc.’s new high-recycled-content aluminum sheet product for the beverage can market is commercially available in North America and Europe, and will be accessible worldwide later in 2013, the company said May 2. http://www.amm.com/Article/3200389/Novelis-offers-high-recycled-content-aluminum-sheet.htmlThu, 02 May 2013 17:10:00 GMTN. Dakota legislature enacts new scrap regulations earlyNew laws aimed at stemming metals theft in North Dakota are now in effect, putting a cap on cash payments and requiring recyclers to boost their record-keeping. http://www.amm.com/Article/3200109/N-Dakota-legislature-enacts-new-scrap-regulations-early.htmlThu, 02 May 2013 13:18:00 GMTDetroit scrap prices decline $20/tonSteel mills in Detroit were once again the first out of the gate this month with scrap price bids that met earlier speculation of a down market.http://www.amm.com/Article/3199776/Detroit-scrap-prices-decline-20ton.htmlWed, 01 May 2013 23:10:00 GMT18 accused of copper theft schemeEighteen people have been indicted for their alleged involvement in a multimillion-dollar copper theft ring. http://www.amm.com/Article/3199750/18-accused-of-copper-theft-scheme.htmlWed, 01 May 2013 21:28:00 GMTCorrection: US remains top ferrous scrap exporterDue to an editing error, an April 30 article misstated European ferrous scrap exports. A quarterly report released this week by the Bureau of International Recycling showed that U.S. exporters shipped nearly 21.4 million tonnes of ferrous scrap in 2012, or about 2 million tonnes more than the cumulative total exported by 27 European Union countries.http://www.amm.com/Article/3199704/Correction-US-remains-top-ferrous-scrap-exporter.htmlWed, 01 May 2013 20:30:00 GMTScrapyard workers accused of buying stolen catalytic convertersAn Alabama scrapyard employee has been accused of purchasing more than 1,000 stolen catalytic converters from a single seller. http://www.amm.com/Article/3199680/Scrapyard-workers-accused-of-buying-stolen-catalytic-converters.htmlWed, 01 May 2013 18:31:00 GMTElgin opens sixth recycling facilityElgin Recycling has opened a sixth location, in Arlington Heights, Ill. http://www.amm.com/Article/3199465/Elgin-opens-sixth-recycling-facility.htmlWed, 01 May 2013 15:49:00 GMTAluminum scrap prices fall on weak LMEMost secondary aluminum smelter-grade scrap prices fell this week, with sources telling AMM that prices continued to show strong correlation to weakening terminal markets. http://www.amm.com/Article/3199432/Aluminum-scrap-prices-fall-on-weak-LME.htmlWed, 01 May 2013 15:19:00 GMTDie casters question Nasaac’s effectivenessThe North American Die Casting Association (Nadca) has filed a letter of complaint with the London Metal Exchange calling for immediate changes to the North American special aluminum alloy contract (Nasaac). http://www.amm.com/Article/3199142/Die-casters-question-Nasaacs-effectiveness.htmlTue, 30 Apr 2013 22:59:00 GMTPull-A-Part seeks to open 2d Ky. facilityPull-A-Part LLC is planning to open its second facility in Kentucky. http://www.amm.com/Article/3199122/Pull-A-Part-seeks-to-open-2d-Ky-facility.htmlTue, 30 Apr 2013 21:28:00 GMTFerrous scrap export prices to India declineU.S. export prices for containerized ferrous scrap delivered to India dropped over the past four trading days on poor demand and reports of two bulk sales from Australia to different Indian ports. http://www.amm.com/Article/3199084/Ferrous-scrap-export-prices-to-India-decline.htmlTue, 30 Apr 2013 20:38:00 GMTUS remains top ferrous scrap exporterThe U.S. continued its reign as the world’s largest exporter of ferrous scrap last year despite a drop in volumes shipped overseas.http://www.amm.com/Article/3199067/US-remains-top-ferrous-scrap-exporter.htmlTue, 30 Apr 2013 20:02:00 GMTLetter to the Editor: Proposed scrap laws ‘more cosmetic than effective’In an April 24 article on bills recently introduced by Rep. Rashida H. Tlaib in the Michigan House of Representatives, an unnamed recycler said that scrapyards were comfortable with the proposals. While the unnamed source may have been positive about Tlaib’s work product, that is not the opinion of the Michigan Institute of Scrap Recycling Industries’ Executive Committee. http://www.amm.com/Article/3198802/Letter-to-the-Editor-Proposed-scrap-laws-more-cosmetic-than-effective.htmlTue, 30 Apr 2013 14:53:00 GMTZorba export prices flat amid China’s ‘Green Fence’ challengesExport prices for shredded aluminum scrap, known as zorba, have remained essentially flat since the beginning of April, with shippers increasingly seeking new ways to meet stepped-up restrictions on imports in northern China, sources say.http://www.amm.com/Article/3198490/Zorba-export-prices-flat-amid-Chinas-Green-Fence-challenges.htmlMon, 29 Apr 2013 21:45:00 GMTUSS lockout could put pressure on scrapThe lockout of unionized workers at U.S. Steel Corp.’s Lake Erie Works will put further pressure on the Ontario ferrous scrap market and could have a trickle-down effect on other major scrap regions, according to market participants.http://www.amm.com/Article/3198460/USS-lockout-could-put-pressure-on-scrap.htmlMon, 29 Apr 2013 20:34:00 GMT