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Slowing demand and loosening scrap supply caused some secondary aluminum alloys to weaken May 20, sources said.
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City officials in Lakeland, Fla., have approved Automotive Core Supply Inc.’s request to open a metals recycling facility in the city.
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Stainless scrap processor buying prices have dropped along with official nickel pricing, with processors now looking toward the second half of the year for a pickup in orders.
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Shippers of raw materials have seen a dramatic increase in thefts from containers in China, an indirect result of the country’s Operation Green Fence crackdown on scrap imports.
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A Philadelphia recycler has been quietly making plans to install an auto shredder.
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U.S. East Coast bulk ferrous scrap export prices fell to a three-year low this past week as Turkish mill buyers continued to hammer down prices.
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A former employee of Sims Group USA Corp. who filed a lawsuit against the company alleging wrongful termination, age discrimination, retaliation and conversion has asked for a jury trial.
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Missouri’s Senate has approved updated scrap metal legislation, which now heads to the desk of Gov. Jay Nixon for his signature.
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China Armco Metals Inc.’s revenue took a hit in the first quarter as metal ore trading declined dramatically, although the company managed to narrow its net loss compared with the same year-ago period.
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A near-standstill in demand for containerized ferrous scrap from India has sent U.S. containerized export prices to the country down significantly.
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Southern Recycling LLC has joined several environmental groups in their efforts to revise a general permit that regulates the sinking of U.S. Navy vessels.
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The governor of Arizona has signed into law two bills that will affect scrap metal recyclers.
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Slowing demand and lower scrap prices could bring secondary aluminum alloy prices down in the coming weeks, according to market sources.
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Rumors are swirling that Chicago might be getting a new shredded scrap player.
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U.S. bulk scrap export prices to Turkey dropped to a nearly three-year low Thursday as mill buyers continued to drive prices downward.
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A document detailing various initiatives set forth in "Operation Green Fence" has been released by the Chinese government, offering the first official explanation of the nation’s increased enforcement and supervision on imports of raw materials.
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Most copper scrap grades saw discounts slip May 15 as market participants said that downward movement on Comex had caused spreads to tighten slightly.
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A congressman has introduced a bill that would block a U.S. Department of Energy (DOE) proposal to lift a ban on recycling radioactive metal.
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PSC Metals Inc. plans to shutter half a dozen scrapyards and idle some shredding assets in the second quarter.
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Industrial Services of America Inc. (ISA) posted a first-quarter net loss of $115,000 on a 43.6-percent drop in revenue to $34.8 million.
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The scrap futures market has enjoyed a sudden spike in tonnage, logging its strongest monthly performance since its launch.
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Sims Metal Management Ltd. expects to write down about Australian $115 million ($113.6 million) in its fiscal second half, the company said late May 14.
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Schnitzer Steel Industries Inc. subsidiary Pick-n-Pull plans to enter the Rhode Island market in the near future.
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The owner of North Carolina recycler Raleigh Metal Recycling is facing charges of allegedly violating a state secondary metals recycling law.