Scrap

  • Harsco logs loss amid push to exit contracts Aug 08, 2014

    Harsco Corp. swung to a loss in the second quarter due to severance costs and its decision to exit underperforming contracts with steel producers.

  • Ferrous Processing & Trading promotes execs Aug 08, 2014

    Ferrous Processing & Trading Co. has promoted five executives to key leadership positions.

  • Comex drop drives copper scrap market pause Aug 08, 2014

    Spreads on some grades of copper scrap widened this week despite a nearly 8-cent-per-pound drop in terminal market prices, market sources told AMM.

  • Taiwan turns to Japan as US scrap offers rise Aug 08, 2014

    U.S. containerized ferrous scrap exports to Taiwan were at a near standstill this week after mills and exporters moved price expectations in opposite directions, creating a trade-halting gap.

  • Indiana, Chicago follow national scrap trends Aug 07, 2014

    Steel mills in Indiana and the Chicago area have completed a majority of their scrap buying programs for August at similar trends to those in most regional markets this month.

  • ELG Utica Alloys management shuffled Aug 07, 2014

    ELG Metals Inc. has made several management changes at its ELG Utica Alloys Inc. locations.

  • PSC Metals’ lockout at Ohio site ends Aug 07, 2014

    Unionized workers who were locked out at PSC Metals Inc.’s Canton, Ohio, auto shredder facility will return to work Aug. 13 after a new labor agreement was reached.

  • Arca profit tumbles in 2d qtr. on tax obligations Aug 07, 2014

    Appliance Recycling Centers of America Inc.’s (Arca’s) second-quarter earnings were hurt by a change in its income tax obligations.

  • Scrap trends sideways as marts follow Detroit Aug 06, 2014

    Steel mills in several pockets of the United States wrapped up their monthly scrap bookings Aug. 6 as markets continued to trend at levels established early this week by Detroit-area mills.

  • E-cycler sued over stormwater runoff Aug 06, 2014

    An electronics scrap recycler is being sued by the California Sportfishing Protection Alliance (CSPA) for alleged violations of its stormwater permit and the federal Clean Water Act.

  • Detroit ignites August ferrous scrap trading Aug 05, 2014

    Ferrous scrap markets across most of the United States have reportedly kicked off trading for August at prices that are mostly unchanged compared with July levels, with many expecting markets to settle by Aug. 7 at the latest.

  • Lead battery price outlook dims Aug 05, 2014

    Lead battery demand is expected to be weaker than expected this fall, as intense summer heat—which usually puts stress on automotive batteries—has failed to materialize.

  • Aleris in red despite stronger auto sales Aug 05, 2014

    Aleris International Inc. posted a net loss in the second quarter as a weaker mix of rolled products sales coupled with reduced rolling margins continued to offset significantly higher automotive volumes.

  • Soft demand sinks stainless scrap tags Aug 05, 2014

    Stainless steel scrap prices have fallen considerably this week due to lower London Metal Exchange nickel prices, freer scrap flows and subdued demand from melters, according to market participants.

  • Booe Machinery & Salvage opens second feeder yard Aug 05, 2014

    A Nebraska company has opened its second scrap metal buying operation on a greenfield site.

  • Ferrous scrap prices hold sideways in Detroit Aug 04, 2014

    Ferrous scrap trading for August has kicked off in the Detroit region with two steel producers entering the market and a third reportedly poised to follow.

  • Joseph Smith & Sons updates yard permit filing Aug 04, 2014

    Joseph Smith & Sons Inc. is continuing its effort to open a metal recycling facility in Alexandria, Va., with its updated application for a special use permit scheduled to go before the city planning commission on Sept. 4.

  • Recycler’s zoning plea delayed again Aug 04, 2014

    A New Jersey metal recycler must wait until Sept. 30 to find out if it can continue its current operations after a Southampton, N.J., zoning board hearing July 31 exceeded its allotted time and had to be rescheduled.

  • Aluminum alloys prices shrug off Nasaac drop Aug 01, 2014

    A steady aluminum scrap market will prevent secondary aluminum alloy makers from lowering ingot prices, despite a dramatic drop in terminal exchanges over the past month.

  • Indian steel mills see shredded scrap impasse Aug 01, 2014

    Indian steel mill imports of shredded scrap came to a standstill this past week following a huge divide in bid and offer prices.

  • Harsco resolves suit against former employee Aug 01, 2014

    Harsco Corp. has agreed to resolve a lawsuit alleging a trade secrets violation against a competitor and a former employee with no admission of wrongdoing by any party, according to documents filed in U.S. District Court in Pennsylvania.

  • Congress approves Highway Trust Fund bill Aug 01, 2014

    A last-minute measure to provide $10.9 billion to the federal Highway Trust Fund, allowing state construction projects to continue uninterrupted, was approved by Congress July 31.

  • Nucor's Keith Grass plans to retire Aug 01, 2014

    Nucor Corp.’s Keith Grass, executive vice president of raw materials and chief executive officer of David J. Joseph Co. (DJJ), is retiring effective Sept. 12.

  • Scrap export tags to Taiwan dip again Jul 31, 2014

    Export prices for containerized ferrous scrap to Taiwan slipped for the sixth successive week as mill interest remained bleak.

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