Scrap RSS

  • Containerized ferrous scrap prices to Asia dip Jul 10, 2014

    Containerized ferrous scrap export prices to most Asian markets retreated this week after a regional benchmark tender in Japan slipped a few dollars and demand from Taiwan weakened.

  • Shredded outperforms primes in Midwest Jul 10, 2014

    Shredded scrap prices gained the most ground in the Midwest in July as mill buyers looked to restore more-historical price spreads between the material and No. 1 busheling.

  • Bulk ferrous scrap export tags to Turkey rise Jul 10, 2014

    U.S. bulk ferrous scrap export prices to Turkey firmed this week as two cargo sales reflected a strong domestic market.

  • Early trading bolsters Midwest scrap prices Jul 09, 2014

    A mixed market for shredded steel scrap in the Midwest has resulted in varied trends across key regions as early transactions fared better than late ones amid weakening sentiment.

  • Calif. accuses two men of UBC fraud Jul 09, 2014

    Two men have been arrested by California authorities for alleged recycling fraud.

  • Scrap exports not impacted by port strike Jul 09, 2014

    Unionized truck drivers at the ports of Los Angeles and Long Beach, Calif., declared an indefinite strike July 7, alleging unfair labor practices in the use of independent contractors.

  • Exide seeks approval to borrow $65M Jul 09, 2014

    Exide Technologies Ltd. is seeking permission to borrow an additional $65 million from its bankruptcy creditors, according to documents filed in U.S. Bankruptcy Court in Delaware.

  • July ferrous scrap prices in Detroit move higher Jul 08, 2014

    Ferrous scrap tags in Detroit inched higher this month as a push to normalize price differentials between prime and shredded scrap coupled with tight supplies of plate and structural scrap allowed prices for obsolete grades to rise.

  • Stainless scrap follows LME north Jul 08, 2014

    Stainless steel scrap prices have ticked upward this week on the strength of higher London Metal Exchange nickel prices, though market participants noted a “natural” summer slowdown in trading activity.

  • Imperial purchasing exec. Riddell leaves Jul 08, 2014

    David Riddell, vice president of purchasing at Imperial Zinc Corp., has left the company effective July 7 after overseeing its scrap buying for nearly eight years.

  • Metal recycler seeks OK to open Wisconsin scrapyard Jul 08, 2014

    A 30-year veteran of the metal recycling industry is seeking permission to open a facility in Hobart, Wis.

  • Schnitzer faces $100,000 penalty for faulty pumps Jul 08, 2014

    Schnitzer Steel Industries Inc. is facing a $100,000 administrative penalty after allegedly failing to minimize the impact of defective pumps that caused its stormwater system to malfunction.

  • Metal Conversion files suit following fire Jul 07, 2014

    Metal Conversion Technologies LLC has accused Environmental Integrity Co. LLC and Charles Bailey Trucking Inc. of failing to comply with laws and regulations in packaging and shipping a load of lithium batteries that led to a fire at the company’s facility in Georgia.

  • Calif. recycler said for sale in tough market Jul 07, 2014

    A tough economic environment has prompted a California metal recycler to put its business up for sale.

  • Warren Steel aims for Aug. 1 restart Jul 07, 2014

    Warren Steel Holdings LLC’s wants to restart steelmaking by Aug. 1, a target date the company would need to start preparing to hit by mid-July, a company executive said.

  • Catalytic converter recycling planned in Va. Jul 07, 2014

    A Virginia metal recycler is making plans to set up a catalytic converter recycling operation in Lunenburg County.

  • Bankrupt recycler’s assets set for auction Jul 03, 2014

    Used machinery and equipment at a now-defunct scrap facility in Seattle will be auctioned off July 24, five months after the recycler filed for bankruptcy.

  • S. Korea returns to US bulk ferrous scrap mart Jul 03, 2014

    A South Korean steel producer has booked three bulk cargoes of ferrous scrap from the United States after a weaker dollar gave the producer room to increase prices.

  • Flooding disrupts SSAB rail shipments Jul 03, 2014

    Flooding in the Quad Cities area has stopped rail shipments in and out of the SSAB Americas’ plate mill in Montpelier, Iowa.

  • Lawsuit targets former Harsco exec Jul 03, 2014

    Harsco Corp. is suing a former executive for allegedly passing company secrets to two competitors and diverting business opportunities.

  • West Coast port labor talks slowing scrap flow Jul 03, 2014

    The flow of scrap is being impacted by labor negotiations at West Coast ports despite no official disruption of port operations.

  • Brewer out; Kline named PSC chief exec Jul 02, 2014

    PSC Metals Inc. has tapped aluminum industry veteran Ronald L. Kline to oversee the business effective immediately, the company’s sixth chief executive officer in less than 11 years.

  • Two recyclers merge in wake of lawsuit Jul 02, 2014

    Wise Metals Group LLC has merged its Wise Recycling LLC business with Source Recycling LLC after suing the company and three of its senior staff for alleged breach of contract, unfair and deceptive trade practices and misappropriation of Wise Recycling’s trade secrets.

  • W. Coast bulk ferrous scrap export prices jump Jul 02, 2014

    West Coast bulk ferrous scrap export prices posted a significant increase following a sale to Thailand that broke a monthlong impasse.

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