Scrap RSS

  • Lead scrap prices steady, zinc drops Mar 26, 2014

    Prices for lead scrap were steady March 25 as sources said no clear direction had developed for the market.

  • Zorba prices drop on weak China demand Mar 26, 2014

    U.S. export prices for nonferrous auto shred, or zorba, have continued to spiral downward, with market participants saying that recent economic issues in China have prompted buyers to postpone shipments and reduce price quotes.

  • California recycler accused of dumping toxic materials Mar 26, 2014

    Los Angeles has filed 15 criminal charges against a Sun Valley metal recycler for allegedly dumping toxic waste illegally.

  • China rebate plan could hike US prices Mar 25, 2014

    U.S. copper scrap consumers could face higher prices if a proposed rebate on value-added tax for China’s scrap recyclers is approved.

  • ISRI hopes Pa. lawmakers pass scrap bill unchanged Mar 25, 2014

    The Institute of Scrap Recycling Industries is hopeful that a scrap metal bill before the Pennsylvania House of Representatives will pass without amendments that hurt the scrap industry.

  • Smelters’ aluminum scrap prices ease Mar 25, 2014

    Prices for most grades of secondary smelters’ aluminum scrap slipped March 24 as sources said that a slightly improved flow of material had encouraged buyers to test the lower end of the market.

  • Stainless steel scrap logs further gains Mar 25, 2014

    Stainless steel scrap prices have continued to log gains, although industry sources warned of a potentially “overheated” market operating at levels above what consumers are willing to pay for material.

  • Recyclers upbeat Okla. Senate will OK law Mar 25, 2014

    Oklahoma metal recyclers are optimistic that scrap theft legislation that they helped revise will pass the state Senate during the current session.

  • Former Keywell executive Arnold Plant dies Mar 24, 2014

    Scrap industry veteran Arnold I. Plant died March 23 at the age of 82.

  • Bulk export prices mixed on demand shift Mar 24, 2014

    Bulk ferrous scrap export activity is expected to trend in opposite directions on the East and West coasts in the coming days as market participants anticipate Turkey will be relatively quiet while interest from South Korea and India is expected to pick up.

  • Twitch prices drop as zorba weighs on market Mar 24, 2014

    Prices for twitch, a nonferrous auto shred used in secondary aluminum alloy production, have fallen over the past week, with sources noting that most major buyers expect further drops into April.

  • Grooms Aluminum to build toll processing plant Mar 24, 2014

    Grooms Aluminum Processing LLC plans to build a greenfield aluminum toll processing facility in Ashville near Birmingham, Ala.

  • Sims Brothers names operations chief Mar 24, 2014

    Sims Brothers Recycling has promoted Garrett Tracey to chief operating officer and chief commercial officer.

  • E-Waste Systems opens Cincinnati plant Mar 24, 2014

    E-Waste Systems Inc. has opened an electronic waste processing center in Cincinnati.

  • Wise Metals Group names Wes Oberholzer president Mar 23, 2014

    Wise Metals Group LLC has appointed Wes Oberholzer president and chief operating officer.

  • Exporters raise scrap prices to India Mar 21, 2014

    Containerized ferrous scrap export prices to India inched up this past week as demand thinned and buyers worked to hold off suppliers pushing for higher tags.

  • April scrap sentiment turns positive Mar 21, 2014

    Midwest market sentiment on ferrous scrap prices for April has turned positive after logistical issues, coupled with weaker scrap flows due to delayed spring weather, resulted in delicate scrap inventory positions at several steel mills.

  • Former Sims exec launches new scrap trading business Mar 21, 2014

    A former Sims Metal Management Ltd. executive has teamed up with other Chicago veterans to form a company that will serve the steel foundry and scrap metal industries.

  • Secondary alloy prices mostly steady Mar 21, 2014

    Secondary aluminum alloy prices were mostly steady March 20, but sources said a downward trend might be developing due to sellers looking to move excess material by undercutting the market.

  • UBC prices rise as competition intensifies: mart Mar 21, 2014

    Prices for used beverage cans (UBCs) moved higher March 20, with market players noting that intense competition for material coupled with the emergence of buyers willing to “overpay the market” had made things challenging.

  • Harsco names Lundgren to head metals, minerals unit Mar 21, 2014

    Harsco Corp. has named Richard E. Lundgren Jr. as group president of its Harsco Metals & Minerals business effective April 7, the company said in a statement March 21.

  • Newell adds nonferrous capabilities at Ga. site Mar 21, 2014

    Newell Recycling LLC has expanded the scope of its services to meet local demand at one of its 12 sites in Georgia.

  • Brass scrap prices hit by weak demand Mar 20, 2014

    Prices for all grades of brass scrap moved lower March 19, with market participants saying weak export demand—namely from China—caused domestic supply to increase dramatically over the past two weeks.

  • W. Coast scrap export market seeks direction Mar 20, 2014

    West Coast containerized ferrous scrap exporters are divided on price direction following mixed cues from major offshore consumers.

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