Scrap RSS

  • Former Omni executive joins e-cycling market Jul 15, 2014

    A former OmniSource Corp. executive has entered the electronics scrap recycling industry in South Carolina.

  • Covanta eyes Indianapolis landfill for metals recovery Jul 15, 2014

    Covanta Tartech LLC is continuing an effort to recover discarded metals, with plans to install ferrous and nonferrous metal recovery equipment at a landfill in Indianapolis.

  • Nonferrous scrap export slowdown continues Jul 15, 2014

    U.S. nonferrous scrap exports fell for the fifth successive month in May compared with a year earlier as weaker Chinese demand continued to hurt overall volumes.

  • Bulk ferrous scrap export tags to Turkey climb Jul 14, 2014

    Prices for U.S. bulk ferrous scrap exports to Turkey inched marginally higher last week after Turkish mills swarmed export markets for cargoes.

  • Keywell appeals bankruptcy court ruling Jul 14, 2014

    Keywell Metals LLC has appealed to the U.S. District Court in Illinois a bankruptcy court dismissal of its claim that two former Keywell LLC executives are contractually prohibited from working for scrap processor Cronimet Corp. by noncompete agreements.

  • Ferrous scrap exports fall as China retreats Jul 14, 2014

    U.S. ferrous scrap exports plummeted in May compared with the same month last year following a dramatic cutback in demand from China and Turkey.

  • USS mulls Canada operations restructure: union Jul 11, 2014

    U.S. Steel Corp. may be considering a restructuring of its Canadian operations, according to a union official.

  • Puerto Rico recycler settles EPA claim Jul 11, 2014

    A Puerto Rican recycling company is investing in new equipment and paying a $29,000 fine to resolve alleged violations of certain hazardous waste laws.

  • PSC Metals rejigs executive team Jul 11, 2014

    PSC Metals Inc. is realigning its executive team as part of a strategy to operate more efficiently and capitalize on the strengths of its seasoned veterans.

  • 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.

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