Scraphttp://www.amm.com©2014 www.amm.com60ScrapAluminum scrap prices hold steadyThe aluminum scrap market was mostly unchanged this past week as prices continued to follow the steadiness seen in primary aluminum., 18 Apr 2014 21:33:00 GMTMarket split on India ferrous scrap pricesMarket sentiment is divided on the direction of ferrous scrap prices into India, as mills and traders await the results of national elections that could either spur or freeze economic activity, sources said., 18 Apr 2014 21:17:00 GMTMexico may issue lax emissions plan: RSRLead-acid battery recycler RSR Corp. is concerned about an upcoming proposal on lead emissions standards in Mexico, citing significant gaps in the country’s regulatory framework and dangers to human health and the environment., 18 Apr 2014 21:16:00 GMTBritish recycler sues Aleris in payment disputeBritish aluminum recycler Alutrade Ltd. is suing Aleris International Inc. for allegedly failing to pay for more than 2.3 million pounds of UBCs, according to documents filed April 15 in U.S. District Court in Ohio., 18 Apr 2014 20:16:00 GMTRecleim wins loan for SC facilityRecleim LLC has received $20 million in financing under the New Markets Tax Credit program for its appliance and electronic waste recycling facility in Graniteville, S.C., 18 Apr 2014 16:48:00 GMTAsia scrap interest rallies, but prices holdExport prices for ferrous scrap shipped into several Asian markets was relatively steady this week as market participants worked to prepare positions for the summer., 17 Apr 2014 22:56:00 GMTUpstate Shredding deal falls throughJack’s Recycling is back on the selling block after Upstate Shredding LLC-Ben Weitsman & Son Inc.’s bid to buy the Mount Morris, Pa., company fell through., 17 Apr 2014 22:32:00 GMTOre. recyclers form Wash. ventureTwo Oregon metals recycling companies have joined forces to launch a new facility in Washington state., 17 Apr 2014 18:47:00 GMTScrap price trends point to May rise: RinnScrap prices appear on track for a May increase, a Steel Dynamics Inc. (SDI) executive said during a conference call to discuss the company’s earnings., 17 Apr 2014 18:27:00 GMTIncreased mill demand fails to lift copper scrapCopper scrap prices were mostly flat this past week despite increased demand from brass mills and a backwardation in terminal markets., 17 Apr 2014 18:12:00 GMTCorrection: Toyota Tsusho to buy major stake in ScholzDue to a reporting error, the headquarters of Liberty Iron & Metal Holdings LLC was incorrect in an article posted April 14 about Toyota Tsusho Corp. buying a stake in Scholz AG. Liberty is now based in Phoenix., 17 Apr 2014 15:45:00 GMTEMR takeover of Sims site divides marketA change in operational control of a deep-sea facility shipping ferrous scrap out of New Haven, Conn., has divided market opinion on what it means for the companies involved and the region., 16 Apr 2014 22:07:00 GMTUS nonferrous scrap exports fall in Feb.Weaker demand from major consumers sent U.S. nonferrous scrap exports lower in February., 16 Apr 2014 17:20:00 GMTRecycler seeks approval to open facility in south TexasA new player in the south Texas scrap market is close to receiving approval to open its first facility on 53 acres with rail access., 16 Apr 2014 17:07:00 GMTAleris confirms it may sell recycling units Aleris Corp. confirmed it is evaluating the potential sale of its recycling and specification alloys businesses., 15 Apr 2014 22:48:00 GMTTwo executives to exit Blaze Recycling Two top executives are leaving Blaze Recycling & Metals LLC, sources have confirmed to AMM., 15 Apr 2014 22:45:00 GMTStainless scrap prices follow LME nickel higherStainless steel scrap prices have continued to rise on the strength of London Metal Exchange nickel prices, with market participants noting strong demand for material but bemoaning tightening margins and potentially steeper discounts., 15 Apr 2014 20:50:00 GMTEMR takes over Sims' Conn. deep-sea facilityEastern Metal Recycling Terminals LLC, a subsidiary of U.K. recycler European Metal Recycling Ltd., has taken over a deep-sea facility previously operated by Sims Metal Management Ltd. in New Haven, Conn., 15 Apr 2014 17:16:00 GMTAleris considers selling its recycling unitAleris Corp. is "exploring the options" of selling its recycling and custom alloy manufacturing unit, according to a source familiar with the matter., 14 Apr 2014 22:45:00 GMTUS ferrous scrap export volumes slideU.S. ferrous scrap export volumes dropped by 38.8 percent to 2.09 million tonnes in the first two months of this year due to continued weakening demand from China, India, Taiwan and Turkey., 14 Apr 2014 22:12:00 GMTCalif. recycler told to end UBC programA California recycling company has been ordered to cease its used beverage container (UBC) refund program on May 31, the California Department of Resources Recycling and Recovery (CalRecycle) said April 14., 14 Apr 2014 22:07:00 GMTUS bulk ferrous scrap export prices inch upU.S. bulk ferrous scrap export prices inched up around 1 percent this past week as lower freight rates for East Coast and Gulf Coast shippers helped negate a small drop in delivered prices., 14 Apr 2014 21:32:00 GMTToyota Tsusho to buy major stake in ScholzToyota Tsusho Corp. will become a major investor in Scholz AG as part of its strategy to expand its recycling footprint., 14 Apr 2014 16:22:00 GMTOhio scrapyard operations not affected by ‘brush fire’Midwest Steel & Alloy Inc.’s Youngstown, Ohio, facility suffered a fire April 10, but no operations were interrupted, a company spokesman told AMM., 11 Apr 2014 22:58:00 GMTNickel prices tied to Indonesia’s banRising nickel prices continue to pose new challenges for end-users and stainless steel scrap companies, according to panelists at ISRI’s annual convention in Las Vegas., 11 Apr 2014 22:57:00 GMTYards on lookout for lost radioactive materialA cabinet containing radioactive scrap might have been accidentally picked up for recycling, according to the Canadian research and teaching hospital that lost the material., 11 Apr 2014 22:51:00 GMTScrap industry helped stop metal theft amendment: ISRIThe Institute of Scrap Recycling Industries has credited pressure from the scrap industry for Sen. Amy Klobuchar’s decision to withdraw her metal theft amendment to a manufacturing bill., 11 Apr 2014 21:46:00 GMTTickets here to tour the $500B scrap industryIf you ever have trouble making a family member or friend understand the complexities of the global recycling industry, you might want to consider handing them a copy of Junkyard Planet., 11 Apr 2014 19:19:00 GMTTweeting trash: Cyber exchange between two scrap junkiesWill you cover the impact of political turmoil in Turkey on the ferrous scrap market in the United States?, 11 Apr 2014 19:14:00 GMTScrap could face fight of lifetime: ISRIThe Environmental Protection Agency and Congress are unable to understand the "difference between waste disposal and recycling," Institute of Scrap Recycling Industries chairman-elect Doug Kramer said during the closing general session of ISRI’s annual convention in Las Vegas., 11 Apr 2014 17:16:00 GMTManufacturing Council meeting plannedThe U.S. Commerce Department’s Manufacturing Council will meet April 29 to consider proposed recommendations for work force development best practices; strategies to address misconceptions of manufacturing careers; innovation, research and development in manufacturing; and manufacturing energy policy., 11 Apr 2014 17:11:00 GMTHillary Clinton ducks shoe during ISRI speechA woman was taken into custody after reportedly throwing a shoe at Hillary Clinton during a speech at the Institute of Scrap Recycling Industries’ annual convention in Las Vegas, according to media reports., 10 Apr 2014 23:16:00 GMTELG Metals senior trader Goodman to retireAl Goodman, senior trader at ELG Metals Inc., is retiring from the company effective May 2., 10 Apr 2014 21:37:00 GMTCopper scrap discounts flat amid muted tradingCopper scrap prices remained flat this past week, with trading activity muted by the Institute of Scrap Recycling Industries’ annual convention in Las Vegas and reports of dealers holding inventory., 10 Apr 2014 21:11:00 GMTJupiter calls for alternate price modelJupiter Aluminum Corp. blasted current pricing models based on the London Metal Exchange and Midwest premium, claiming they no longer reflect supply and demand fundamentals., 10 Apr 2014 18:41:00 GMTMinn. recycler looks to grow nonferrous siteAlliance Steel Service Co. will start construction on a 15,000-square-foot addition to its Minneapolis nonferrous recycling facility within the next several weeks after receiving approval from the city planning commission., 10 Apr 2014 18:01:00 GMTTexas recycler facing OSHA finesJarvis Metals Recycling Inc. is facing $64,400 in fines after workers allegedly were exposed to unguarded machinery and electrical, noise, chemical and fall hazards at the company’s facility in Lubbock, Texas., 10 Apr 2014 17:48:00 GMTOkla. governor signs law to bolster scrap enforcementOklahoma Gov. Mary Fallin has signed off on scrap legislation that strengthens current laws by giving the state the ability to crack down on recyclers who are not in compliance., 10 Apr 2014 17:19:00 GMTExide smelter to stay idle until air rules metExide Technologies Ltd. was dealt a double blow after a California court and regulatory agency both ruled that it cannot resume operations at its Vernon, Calif., lead smelting facility until it gains compliance with new air rules., 10 Apr 2014 16:51:00 GMTNovelis ‘evercan’ hops into market with Red Hare beerRed Hare Brewing Co. plans to package its namesake craft beer exclusively in Novelis Inc.’s "evercan," a high-recycled-content aluminum sheet product for the beverage can market., 10 Apr 2014 15:25:00 GMTUnited Alloys relocating to larger facilityUnited Alloys & Metals Inc. is relocating its Los Angeles operations to a larger site, with an eye toward growing its business by 20 percent., 10 Apr 2014 00:26:00 GMTAluminum scrap use seen going strongDemand for aluminum scrap and secondary aluminum alloys is expected to remain strong throughout 2014, although major concerns persist about China’s worsening economic outlook, sources said at the Institute of Scrap Recycling Industries’ annual convention in Las Vegas., 09 Apr 2014 23:12:00 GMTSteel falling short on US scrap usage: DanjczekThe U.S. steel industry does "not satisfy" the domestic scrap metal market, former Steel Manufacturers Association president Thomas A. Danjczek said at the Institute for Scrap Recycling Industries’ annual convention in Las Vegas., 09 Apr 2014 22:40:00 GMTCalif. arrests 6 in UBC redemption schemesSix people have been arrested for allegedly bilking the state of California out of approximately $425,000 through used beverage container (UBC) redemption schemes., 09 Apr 2014 21:36:00 GMTCalif. dealer agrees to $500,000 settlementCircosta Iron & Metal Co. has reached a settlement with the district attorney in San Francisco that will see the scrap recycler pay $500,000 in civil penalties to resolve an alleged violation of California’s anti-metal theft laws., 09 Apr 2014 19:38:00 GMTPolice raid finds 44 stolen vehicles at yardA part-owner of an auto recycler has been arrested after 44 allegedly stolen vehicles were found in a police raid on his Chicago facility., 09 Apr 2014 18:31:00 GMTFederal metal theft bill may return: ISRIA U.S. senator may be seeking to reintroduce proposed legislation intended to reduce metal theft by attaching it as an amendment to a manufacturing bill that is active in the Senate., 09 Apr 2014 17:33:00 GMTOutgoing ISRI chair Simms reflects on group’s progressJerry Simms, outgoing chairman of the Institute of Scrap Recycling Industries, opened the general session of the group’s annual convention and exposition April 8 by touting the accomplishments of his administration over the past two years., 09 Apr 2014 16:43:00 GMTKeywell Metals financing closedPNC Bank NA has closed on $25 million in senior secured financing for titanium, stainless steel and high-temperature alloys recycler Keywell Metals LLC, the bank said., 09 Apr 2014 16:12:00 GMTNovelis aims for prime position with secondaryAs Novelis Inc. continues to invest heavily in scrap utilization programs and technology in North America, South America, South Korea and Germany, the company is aiming to capture additional market share from manufacturers of prime-based aluminum alloys., 08 Apr 2014 22:25:00 GMTTenn. gives slag solid waste exemptionTennessee’s governor has signed off on an exemption for steel slag that prevents it from being regulated as solid waste., 08 Apr 2014 21:11:00 GMTOntario auto recycler owner jailedThe owner of a Hamilton, Ontario, auto recycling operation will spend nearly three weeks in jail for allegedly violating fire codes., 08 Apr 2014 20:34:00 GMTMills troubled by scrap supply issues, qualityLogistical issues related to the availability of rail cars and trucks for scrap shipments have combined with an overall decline in scrap flows into dealer yards to create grave supply-side concerns for steel mills., 08 Apr 2014 20:22:00 GMTHarsco’s Grasberger promotedHarsco Corp. has named F. Nicholas Grasberger as president and chief operating officer, with a plan to transition to chief executive officer by mid-2014., 08 Apr 2014 17:44:00 GMTAleris paying $180,000 to settle allegationsAleris International Inc. has agreed to pay the state of Michigan $180,000 to settle alleged air pollution violations at its Coldwater, Mich., facility, according to state environmental regulators., 08 Apr 2014 02:01:00 GMTHuntington Aluminum seeks OK to build melting furnaceHuntington Aluminum Inc. is seeking permission to build and operate a new rotary batch reverberatory aluminum melting furnace., 07 Apr 2014 23:38:00 GMTScrap market hurt by oversaturationScrap industry margins are being hurt by a saturation of scrap companies and shredders across most urban areas of the country, and are becoming one of the biggest concerns in the market., 07 Apr 2014 22:29:00 GMTFerrous scrap export prices continue to climbU.S. ferrous scrap export prices continued to rise this past week, with limited buying at stronger price levels., 07 Apr 2014 21:50:00 GMTMidwest scrap markets follow Detroit up $10/TMidwest ferrous scrap markets appear to have followed in Detroit’s footsteps to settle well below previously anticipated increases., 04 Apr 2014 22:48:00 GMTContract worker dies in accident at USS plantA contractor’s employee was fatally injured at U.S. Steel Corp.’s Great Lakes Works while operating a crane early April 4, a company spokeswoman told AMM via e-mail., 04 Apr 2014 21:15:00 GMTSmelters’ aluminum scrap prices steadyPrices for aluminum smelters’ scrap were mostly steady April 3, with market participants noting that an increase in the domestic supply of nonferrous auto shreds twitch and zorba had prevented tags from moving in step with primary aluminum increases on the London Metal Exchange., 04 Apr 2014 19:55:00 GMTWaxman in prison after losing court appealFormer scrap metal executive Robert Karey Waxman is now in prison after justices of the Court of Appeal for Ontario rejected his appeal., 04 Apr 2014 16:40:00 GMTSchnitzer Steel in the black in quarterSchnitzer Steel Industries Inc.’s net income plummeted 79.3 percent in its fiscal second quarter vs. the same period a year earlier, but rebounded strongly from a loss in the preceding three-month period with increases in the average selling price and sales volumes for its ferrous scrap., 03 Apr 2014 23:50:00 GMTPrices for container scrap into Taiwan up againExport prices for containerized ferrous scrap shipped to Taiwan rose for the third week in a row amid supply concerns and higher offers from major exporting countries such as the United States and Japan., 03 Apr 2014 23:21:00 GMTMidwest scrap falls short of expected gainMidwest ferrous scrap prices are unlikely to increase this month by a previously speculated range of up to $30 per gross ton after early trading in some regions indicated big numbers had found little support., 03 Apr 2014 23:19:00 GMTDeox prices climb in MarchPrices for aluminum deoxidant, or deox, continued to climb in March as a relatively tight scrap market, coupled with strong mill demand, led to "appreciable price advances" for the grade, producers said., 03 Apr 2014 19:43:00 GMTAleris deal concerns scrap suppliersA series of aluminum scrap suppliers have voiced concerns about the potential for restricted access to credit insurance for loads shipped to Aleris International Inc.’s facilities following the company’s $110-million acquisition of Nichols Aluminum LLC., 02 Apr 2014 23:03:00 GMTU.S. Steel outage could boost steel sheet pricesSteel market participants are growing increasingly nervous about supply-side dynamics as a result of an ongoing outage at U.S. Steel Corp.’s Great Lakes Works in Ecorse, Mich., with some saying the issue could lead to higher prices in the near term., 02 Apr 2014 20:32:00 GMTNovelis to fight for scrap, step up investmentsNovelis Inc. is prepared to compete hard for scrap to meet its recycled content goals and increased automotive demand, a company executive said., 02 Apr 2014 19:18:00 GMTAlbany mulls shredder permit for Upstate divisionA division of Upstate Shredding LLC-Ben Weitsman & Sons Inc. is advancing its plan to install an auto shredder at the Port of Albany, N.Y., 02 Apr 2014 18:21:00 GMTMore aluminum scrap needed: Scepter’s ScottThere has been a "drastic" decrease in the apparent supply of scrap in North America as more companies look to boost scrap usage, one industry executive said., 02 Apr 2014 18:05:00 GMTSims Brothers names Casey executiveSims Brothers Recycling has promoted Stanley E. Casey to chief financial officer, the company said in a statement April 1., 02 Apr 2014 17:28:00 GMTStainless scrap steady despite LME nickel fallStainless scrap prices held steady this week despite lower nickel prices, with market participants citing continuing tightness in material availability and strong demand from stainless steel and alloy producers., 01 Apr 2014 20:45:00 GMTJunk wheel prices slip as supply picks upScrap aluminum wheel prices continued to roll lower March 31 on fluctuations in U.S. Midwest aluminum premiums coupled with a recent uptick in supply generated by inclement weather in February and March, sources said., 01 Apr 2014 19:46:00 GMTISA targets buying as it looks for profitabilityIndustrial Services of America Inc. (ISA) says it has improved its scrap buying discipline and reduced expenses as it moves into 2014 after recording a significant deterioration in results last year., 01 Apr 2014 19:23:00 GMTBlueOak seeks permits to build Ark. facilitySteel industry veteran John D. Correnti’s plan to establish an electronic circuit board recycling facility in Osceola, Ark., is moving forward, with two permits in progress., 01 Apr 2014 18:25:00 GMTAla. recycler to pay $1.27M in federal lawsuitAn Alabama metals recycler has agreed to pay $1.27 million to settle civil and criminal cases for allegedly structuring 16 bank account withdrawals in order to avoid federal reporting requirements., 01 Apr 2014 18:08:00 GMTSMS taps Goodwin executive vp of marketingScrap Metal Services LLC (SMS) has hired veteran Midwest mill buyer Todd Goodwin as executive vice president of marketing., 01 Apr 2014 17:35:00 GMTMass. recycler convicted of failing to report toxic wasteA metal recycler has been convicted of failing to report the presence of contaminants at a Massachusetts scrapyard that were uncovered by a potential buyer., 31 Mar 2014 18:54:00 GMTTurkish election results seen as boon for scrapFerrous scrap trading in Turkey is expected to get a boost following the results of bitterly fought elections that brought a temporary halt to protest activity., 31 Mar 2014 16:46:00 GMTCrimea ferrous scrap exporters see delaysWhile Russia’s annexation of Crimea from Ukraine nearly two weeks ago has done little to impact the flow of scrap and pig iron from Crimean ports, exporters are struggling with bureaucratic issues., 31 Mar 2014 16:17:00 GMTSecondary alloys firm despite fall in twitch pricesSecondary aluminum alloys were mostly stable March 27 as sources said the market held strong despite notable drops in some aluminum scrap grades, including twitch, a nonferrous auto shred and a key component in alloy output., 28 Mar 2014 20:32:00 GMTFerrous scrap export prices to India strengthenPrices for containerized ferrous scrap exports to India have strengthened over the past five days as a weaker dollar gave buyers more room to raise prices., 28 Mar 2014 20:18:00 GMTIowa town’s road project is a windfall for local recyclerAn Iowa town’s decision to redevelop its central corridor is providing a windfall for a local recycler, who will move to a much larger property less than a mile away., 28 Mar 2014 15:56:00 GMTCopper scrap market sluggishCopper scrap supply remained low as sellers continued to react to a sudden drop in Comex copper prices earlier in March., 27 Mar 2014 22:40:00 GMTScrap dealers worried Aleris may alter buyingAluminum scrap dealers are increasingly concerned about the possibility that Aleris International Inc. may enact sweeping changes to the scrap purchasing programs at its newly acquired company, Nichols Aluminum LLC., 27 Mar 2014 20:50:00 GMTScrap steering for period of stability: AlvaradoThe scrap metal market is heading toward a quiet period due to an absence of near-term volatility, Commercial Metals Co.’s (CMC’s) top executive said., 27 Mar 2014 19:24:00 GMTShipper suing scrap broker for alleged breach of contractA Puerto Rico barge shipper is suing a metal brokerage company and its owners for allegedly failing to pay $157,000 for transporting scrap metal., 27 Mar 2014 18:07:00 GMTContainerized scrap prices to Taiwan riseDoubts about where containerized ferrous scrap export prices to Taiwan were headed have been put to bed this week after exporters successfully negotiated increases., 26 Mar 2014 19:26:00 GMTLead scrap prices steady, zinc dropsPrices for lead scrap were steady March 25 as sources said no clear direction had developed for the market., 26 Mar 2014 19:07:00 GMTZorba prices drop on weak China demandU.S. export prices for nonferrous auto shred, or zorba, have continued to spiral downward, with market participants saying that recent economic issues in China have prompted buyers to postpone shipments and reduce price quotes., 26 Mar 2014 18:18:00 GMTCalifornia recycler accused of dumping toxic materialsLos Angeles has filed 15 criminal charges against a Sun Valley metal recycler for allegedly dumping toxic waste illegally., 26 Mar 2014 15:53:00 GMTChina rebate plan could hike US pricesU.S. copper scrap consumers could face higher prices if a proposed rebate on value-added tax for China’s scrap recyclers is approved., 25 Mar 2014 21:25:00 GMTISRI hopes Pa. lawmakers pass scrap bill unchangedThe Institute of Scrap Recycling Industries is hopeful that a scrap metal bill before the Pennsylvania House of Representatives will pass without amendments that hurt the scrap industry., 25 Mar 2014 20:16:00 GMTSmelters’ aluminum scrap prices easePrices for most grades of secondary smelters’ aluminum scrap slipped March 24 as sources said that a slightly improved flow of material had encouraged buyers to test the lower end of the market., 25 Mar 2014 18:36:00 GMTStainless steel scrap logs further gainsStainless steel scrap prices have continued to log gains, although industry sources warned of a potentially “overheated” market operating at levels above what consumers are willing to pay for material., 25 Mar 2014 18:12:00 GMTRecyclers upbeat Okla. Senate will OK lawOklahoma metal recyclers are optimistic that scrap theft legislation that they helped revise will pass the state Senate during the current session., 25 Mar 2014 16:12:00 GMTFormer Keywell executive Arnold Plant diesScrap industry veteran Arnold I. Plant died March 23 at the age of 82., 24 Mar 2014 21:54:00 GMTBulk export prices mixed on demand shiftBulk ferrous scrap export activity is expected to trend in opposite directions on the East and West coasts in the coming days as market participants anticipate Turkey will be relatively quiet while interest from South Korea and India is expected to pick up., 24 Mar 2014 19:48:00 GMTTwitch prices drop as zorba weighs on marketPrices for twitch, a nonferrous auto shred used in secondary aluminum alloy production, have fallen over the past week, with sources noting that most major buyers expect further drops into April., 24 Mar 2014 18:26:00 GMT