Scrap RSS

  • British recycler sues Aleris in payment dispute Apr 18, 2014

    British 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.

  • Recleim wins loan for SC facility Apr 18, 2014

    Recleim 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.

  • Asia scrap interest rallies, but prices hold Apr 17, 2014

    Export prices for ferrous scrap shipped into several Asian markets was relatively steady this week as market participants worked to prepare positions for the summer.

  • Upstate Shredding deal falls through Apr 17, 2014

    Jack’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.

  • Ore. recyclers form Wash. venture Apr 17, 2014

    Two Oregon metals recycling companies have joined forces to launch a new facility in Washington state.

  • Scrap price trends point to May rise: Rinn Apr 17, 2014

    Scrap 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.

  • Increased mill demand fails to lift copper scrap Apr 17, 2014

    Copper scrap prices were mostly flat this past week despite increased demand from brass mills and a backwardation in terminal markets.

  • Correction: Toyota Tsusho to buy major stake in Scholz Apr 17, 2014

    Due 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.

  • EMR takeover of Sims site divides market Apr 16, 2014

    A 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.

  • US nonferrous scrap exports fall in Feb. Apr 16, 2014

    Weaker demand from major consumers sent U.S. nonferrous scrap exports lower in February.

  • Recycler seeks approval to open facility in south Texas Apr 16, 2014

    A new player in the south Texas scrap market is close to receiving approval to open its first facility on 53 acres with rail access.

  • Aleris confirms it may sell recycling units Apr 15, 2014

    Aleris Corp. confirmed it is evaluating the potential sale of its recycling and specification alloys businesses.

  • Two executives to exit Blaze Recycling Apr 15, 2014

    Two top executives are leaving Blaze Recycling & Metals LLC, sources have confirmed to AMM.

  • Stainless scrap prices follow LME nickel higher Apr 15, 2014

    Stainless 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.

  • EMR takes over Sims' Conn. deep-sea facility Apr 15, 2014

    Eastern 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.

  • Aleris considers selling its recycling unit Apr 14, 2014

    Aleris Corp. is "exploring the options" of selling its recycling and custom alloy manufacturing unit, according to a source familiar with the matter.

  • US ferrous scrap export volumes slide Apr 14, 2014

    U.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.

  • Calif. recycler told to end UBC program Apr 14, 2014

    A 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.

  • US bulk ferrous scrap export prices inch up Apr 14, 2014

    U.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.

  • Toyota Tsusho to buy major stake in Scholz Apr 14, 2014

    Toyota Tsusho Corp. will become a major investor in Scholz AG as part of its strategy to expand its recycling footprint.

  • Ohio scrapyard operations not affected by ‘brush fire’ Apr 11, 2014

    Midwest Steel & Alloy Inc.’s Youngstown, Ohio, facility suffered a fire April 10, but no operations were interrupted, a company spokesman told AMM.

  • Nickel prices tied to Indonesia’s ban Apr 11, 2014

    Rising 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.

  • Yards on lookout for lost radioactive material Apr 11, 2014

    A cabinet containing radioactive scrap might have been accidentally picked up for recycling, according to the Canadian research and teaching hospital that lost the material.

  • Scrap industry helped stop metal theft amendment: ISRI Apr 11, 2014

    The 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.

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