Scrap RSS

  • Singapore scrap trader sues Calif. broker over export deal Apr 25, 2014

    A Singapore-based scrap metal trader is suing Los Angeles Scrap Export Inc. for $1.8 million after it allegedly received only a partial order of inferior U.S.-sourced scrap metal.

  • Copper scrap discounts flat, terminal marts up Apr 24, 2014

    Discounts on all grades of copper scrap remained unchanged this week amid an uptick in terminal markets and an increase in material generated from retail yards.

  • Fire damages Mont. scrapyard Apr 24, 2014

    A fire at Pacific Steel & Recycling’s scrapyard in Missoula, Mont., caused more than $50,000 in damage.

  • Trademark deepens its port presence with OneSteel buy Apr 24, 2014

    Trademark Metals Recycling LLC has purchased the assets of OneSteel Recycling Inc.’s Tampa operations as part of its plan to deepen its footprint in existing markets, the company said April 24.

  • Scrap veteran William F. Sullivan dies at 85 Apr 24, 2014

    William F. Sullivan, chief executive officer of William F. Sullivan Co. Inc., died April 23 at his home in West Springfield, Mass. He was 85.

  • Titanium scrap prices not flowing down: ATI Apr 23, 2014

    Titanium scrap prices have improved recently but the increases have yet to be reflected downstream, according to Allegheny Technologies Inc.’s (ATI’s) top executive.

  • NY town taking legal action against Gershow Apr 23, 2014

    Local officials in Riverhead, N.Y., have voted to take legal action against Gershow Recycling Corp. for allegedly violating its scope of business.

  • Exide issues layoffs at Calif. smelting facility Apr 23, 2014

    Exide Technologies Ltd. will temporarily lay off more than 120 employees at its Vernon, Calif., lead smelting facility after failing to upgrade pollution controls at the facility.

  • Tampa port gives DJJ OK to OneSteel lease Apr 22, 2014

    The Port of Tampa Bay has authorized its president and chief executive officer to execute the port’s consent to a proposed takeover by Trademark Metals Recycling LLC of a lease owned by OneSteel Recycling Inc., subject to review by the port’s chief legal officer.

  • Recyclers eye M&A, new streams in growth Apr 22, 2014

    Metal recycling companies struggling to find better margins should focus on increasing their recycling streams and consider mergers and acquisitions to drive growth, according to market participants.

  • Aluminum scrap tags flat following LME holiday Apr 22, 2014

    Aluminum scrap prices remained largely unchanged this week as they continued to follow primary aluminum prices on the London Metal Exchange, which was closed April 21 for a four-day Easter holiday.

  • Ill. EPA seeks temporary shutdown of recycler Apr 22, 2014

    A Chicago-area metal recycler is facing a state-ordered shutdown until it can guarantee metal from its shredder will not be launched onto neighboring properties.

  • Recycler relocating to Brooklyn Apr 22, 2014

    G&G Scrap Metal, a Manhattan metal recycler, expects to move to its new location in Brooklyn within a month, now that plans are under way to redevelop its 0.17-acre site, owner Mark Davis told AMM.

  • Stainless scrap prices up on LME’s nickel high Apr 22, 2014

    Stainless steel scrap prices continued to rise this week as London Metal Exchange nickel prices have hit their highest levels in 14 months.

  • Brenner delays scrapyard plan Apr 22, 2014

    The former president of a Virginia scrapyard chain now owned by Gerdau Long Steel North America has postponed his plans to proceed with a new scrap and salvage yard.

  • More stolen goods charges vs. Pa. recycler Apr 21, 2014

    A Pennsylvania metals recycler and its owners have been charged with 62 counts of receiving stolen property, purchasing regulated materials and not obtaining proper documentation of transactions.

  • Texas scrapyard permit denied Apr 21, 2014

    The Harlingen City Commission in south Texas has denied a permit request for a proposed metal recycling facility that had received a recommendation for approval from the planning and zoning commission.

  • Cobra taps Kirk to help improve US footprint Apr 19, 2014

    Cobra Trading LLC has appointed Tom Kirk as Midwest regional manager to help strengthen its geographic reach, the scrap brokerage firm said.

  • Aluminum scrap prices hold steady Apr 18, 2014

    The aluminum scrap market was mostly unchanged this past week as prices continued to follow the steadiness seen in primary aluminum.

  • Market split on India ferrous scrap prices Apr 18, 2014

    Market 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.

  • Mexico may issue lax emissions plan: RSR Apr 18, 2014

    Lead-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.

  • 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.

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