• Aluminum scrap prices mostly steady Dec 31, 2013

    Prices for secondary aluminum smelters’ scrap were mostly steady Dec. 30 as sources said that upticks on the London Metal Exchange weren’t being reflected in secondary pricing because of a “limited holiday trading schedule.”

  • USS extends scrap payment terms in 2014 Dec 31, 2013

    U.S. Steel Corp. is revising its payment terms on purchases in 2014, several scrap suppliers told AMM.

  • Turkish scrap imports hit by steel in 2013 Dec 31, 2013

    The Turkish scrap market was hit in 2013 by weak demand in its export markets for finished steel, increasing Chinese production and anti-dumping cases.

  • Sims Bros. taps Conaway for nonferrous ops Dec 31, 2013

    Sims Brothers Recycling has named Greg Conaway manager of its nonferrous operations.

  • Contractor sentenced for Clean Air violations Dec 31, 2013

    The owner of a Lima, Ohio, company has been sentenced to 13 months in prison after pleading guilty to three counts of violating provisions of the Clean Air Act, according to the U.S. Attorney’s Office in the southern district of Ohio.

  • Insurer sues Calif. recycler for alleged fraud Dec 30, 2013

    An insurance company is suing a California metals recycler for allegedly underreporting its revenue from nonmetallic commodities after the recycler filed a claim to recoup losses from a fire.

  • US sees AQSIQ license renewal delays Dec 30, 2013

    Some U.S.-based scrap exporters are experiencing significant delays on license renewals from China’s General Administration for Quality Supervision, Inspection and Quarantine (AQSIQ).

  • Scrap veteran to open Illinois recycling yard Dec 30, 2013

    Action Metals Recycling Inc., owned by Todd Fingerman, is seeking to open a metals recycling facility in Des Plaines, Ill.

  • Prime, shred price gap seen shrinking further Dec 24, 2013

    The shrinking spread between prime and obsolete grades of scrap is expected to continue due to a tightness in supply of shredded and cut grades of metal scrap.

  • Stainless scrap prices continue to rise Dec 24, 2013

    Stainless steel scrap processor buying prices continued their climb this week as nickel tags maintained their rally and available material remained tight, market participants said.

  • Sims Brothers Recycling promotes Wilson Dec 24, 2013

    Walt Wilson has been promoted to regional manager at Sims Brothers Recycling.

  • Sims’ Redwood site makes changes after fire Dec 24, 2013

    Sims Metal Management Ltd. has complied with local government requests for the scrap company to staff its Redwood, Calif., facility around the clock.

  • Blanton exits PSC for Columbus Scrap Material Dec 24, 2013

    Troy Blanton is joining Columbus Scrap Material Co. Inc. as vice president of commercial effective Jan. 1.

  • China’s ‘Green Fence’ still a concern Dec 24, 2013

    Constant changes to China’s heightened inspection on imports of raw material, dubbed Operation Green Fence, will continue to pose challenges in 2014, according to exporters of nonferrous scrap.

  • SRS wins bidding battle for Empire's assets Dec 23, 2013

    A company formed by SRS International Holdings Inc. has successfully bid for Empire Die Casting Co.’s assets following a sales hearing held Dec. 19 in U.S. Bankruptcy Court in Ohio.

  • CalRecycle moves to stop UBC fraud Dec 23, 2013

    California plans to tackle used beverage container (UBC) fraud by setting a daily cap on the amount of recyclables an individual can redeem.

  • AL Solutions settles with EPA over fatal blast Dec 23, 2013

    A West Virginia metals recycler is investing in technology, initiating employee safeguards and paying a $100,000 fine to resolve alleged Clean Air Act violations stemming from an explosion in 2010 that killed three people.

  • JCI works to reduce auto dependence Dec 20, 2013

    Johnson Controls Inc. (JCI) has forecast a 3-percent increase in net sales in fiscal 2014 as the company looks to rebalance its portfolio of businesses in an effort to lessen dependence on the automotive sector.

  • Keywell creditors sue execs for $65M Dec 20, 2013

    Creditors of bankrupt specialty scrap processor Keywell LLC are suing the company’s executives for more than $65 million for allegedly engaging in "a pattern of improper self-dealing" that saw them "lining their own pockets to the detriment of Keywell and its creditors."

  • Metalico buys assets of Pa. auto salvage Dec 20, 2013

    Metalico Inc. has agreed to purchase the assets of a North East, Pa.-based auto salvage business to serve as another source to feed its Buffalo, N.Y., auto shredder.

  • Fire at Indianapolis recycler won’t hurt operations: exec Dec 20, 2013

    An Indianapolis recycler that suffered a Dec. 18 fire expects rebuilding to take four to six months, but doesn’t foresee the situation impacting its operations.

  • CMC rejuggles strategy with idled shredder Dec 20, 2013

    Commercial Metals Co. (CMC) appears to have recently idled one of its three Texas shredders and to be shipping the feed material directly to a shredder on site at one of its mills.

  • Exide ordered to clean up toxins near Calif. plant Dec 20, 2013

    Troubled battery maker Exide Technologies Ltd. has been ordered to perform an emergency clean-up of dust, soil and sediment near the company’s Vernon, Calif., lead smelting facility.

  • Fla. recycler files for Chapter 11 Dec 20, 2013

    A Miami metal recycler has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Florida.

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