Scrap RSS

  • FTC orders Solera Holdings to shed assets Oct 28, 2013

    The Federal Trade Commission (FTC) has approved a final order that requires scrapyard management systems provider Solera Holdings Inc. to divest its stake in former competitor Actual Systems of America Inc. for anti-competitive reasons.

  • Copper scrap discounts widen Oct 25, 2013

    Discounts for most copper scrap grades increased Oct. 25 as market players said that buyers and sellers were reevaluating their views about a perceived shortage of material.

  • Midwest scrap prices seen rising in November Oct 25, 2013

    Midwest ferrous scrap prices are expected to increase up to $50 per gross ton over the course of the winter, with November likely to kick-start the push for higher prices.

  • Scrap exports to India show no sign of life Oct 25, 2013

    Containerized ferrous scrap exports to India effectively dried up in the past week as buyers were unable to match rising price offers from the United States and Europe.

  • Titanium sponge hurts ATI bottom line Oct 25, 2013

    Allegheny Technologies Inc. (ATI) is paying the price for running its Rowley, Utah, titanium sponge plant at a higher rate than might be expected during a period of low-priced scrap.

  • E-cyclers laud Silicon Valley firms’ support Oct 25, 2013

    The Coalition for American Electronics Recyclers (CAER) has praised a group of Silicon Valley businesses for endorsing a federal bill that would significantly restrict exports of electronic waste.

  • SA Recycling opens feeder yard Oct 24, 2013

    SA Recycling LLC has begun operations at a new feeder yard in Santa Maria, Calif., aimed at solidifying its presence in the state’s central coast region.

  • House OKs waterways infrastructure bill Oct 24, 2013

    Transportation advocates and steel interests have lauded House approval of legislation intended to improve water resource infrastructure and fund port development.

  • CMC recovery system seen raising margins Oct 24, 2013

    Commercial Metals Co. (CMC) is studying new investments in downstream scrap processing at several locations based on the results of technology deployed in August at a shredder in Seguin, Texas.

  • Operations resume at Aleris facility after fire Oct 24, 2013

    Aleris International Inc. has resumed operations at its Elyria, Ohio, recycling facility after an Oct. 23 fire. No damage to equipment or injuries were reported.

  • CMC sees flat scrap market in near term Oct 24, 2013

    Commercial Metals Co. (CMC) expects ferrous and nonferrous scrap export markets to remain flat in the current quarter amid moderate demand cues.

  • CMC earnings slump 86.6% in quarter Oct 23, 2013

    Commercial Metals Co.’s (CMC’s) earnings slumped in its fiscal fourth quarter due to weaker performances by its Americas Recycling and International Marketing and Distribution segments, the company said Oct. 23.

  • Texas recycler secures shipbreaking pact Oct 23, 2013

    All Star Metals LLC has won a U.S. Navy contract to dismantle and recycle inactive aircraft carriers over the next five years.

  • Junk battery market in flux as prices diverge Oct 23, 2013

    The price range for junk lead-acid batteries has reportedly widened over the past two weeks, with the emergence of new market conditions—including strong interest from Mexican buyers—causing sellers to re-examine their options, participants said.

  • Metals industry employment data mixed Oct 23, 2013

    U.S. primary metal producers shed 600 jobs last month, partially offsetting a 3,000-job increase in August, while employment in the fabricated metal products sector rose by 2,400 workers in September, according to nonseasonally adjusted data from the U.S. Bureau of Labor Statistics.

  • Processors’ stainless scrap prices climb Oct 23, 2013

    Stainless scrap broker/processor buying prices have continued to rise due to the recent rally in nickel prices, with dealers and traders seeing a substantial uptick across the 300 grades.

  • US bulk scrap export prices to Turkey increase Oct 22, 2013

    U.S. export prices for bulk scrap shipments to Turkey jumped about $15 per tonne from the prior sale at the start of October after one exporter broke an impasse late Oct. 22.

  • Secondary aluminum alloy prices rise Oct 22, 2013

    Prices for some secondary aluminum alloys edged higher Oct. 21, as producers said volumes had increased over the past week and sales for November were locking in “with limited issues.”

  • US scrap usage forecast to reach 64M tonnes Oct 22, 2013

    U.S. scrap consumption will climb 7 percent to 64 million tonnes in 2014 as steel mills raise their finished steel output, according to AMM sister publication Steel First, citing estimates by Metal Bulletin Research (MBR).

  • W. Coast scrap export prices climb higher Oct 21, 2013

    West Coast export prices for bulk shipments of ferrous scrap continued to climb on strong demand from several Far East Asian countries last week.

  • Regulators seek to close Exide lead smelter Oct 21, 2013

    California’s South Coast Air Quality Management District (AQMD) has filed a petition with an independent administrative law panel for an order of abatement that would require troubled battery maker Exide Technologies Ltd. to close its Vernon, Calif., lead smelting facility.

  • China’s scrap consumption to grow Oct 21, 2013

    Chinese scrap consumption will remain high over the next decade based on patterns in the global ferrous scrap sector, AMM sister publication Metal Bulletin reported, based on a report by Metal Bulletin Research (MBR).

  • Scholz to sell two assets in Europe Oct 21, 2013

    German recycling group Scholz AG has agreed to sell two European assets as it seeks to reduce debt levels, it said Oct. 21.

  • China’s ferrous scrap imports off in Sept. Oct 21, 2013

    China imported 287,614 tonnes of ferrous scrap in September, down 14.4 percent from August and 3.4 percent lower year on year, according to Chinese customs data.

Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events