• Uncertainty in Turkey as geopolitics roils marts Aug 11, 2014

    Uncertainty prevails in the Turkish steel and scrap markets as geopolitical events in the region could send prices for finished products and raw materials in any direction.

  • PSC Metals trims loss in qtr. despite sales fall Aug 11, 2014

    PSC Metals Inc. continued to narrow its losses despite lower revenues, a sign that the company’s exodus from underperforming contracts might be working.

  • Wis. auto recycler under scrutiny Aug 11, 2014

    A Wisconsin auto recycler is in jeopardy of losing its salvage dealer license following an investigation by the Wisconsin Department of Transportation’s Division of Motor Vehicles.

  • Indian ferrous scrap stalemate lingers Aug 08, 2014

    Indian ferrous scrap imports are likely to remain dismal until the end of August as buyers battle a weaker currency and finished product demand.

  • Hoffman exits as MedTrade vp of ferrous trading Aug 08, 2014

    Philip Hoffman no longer serves as MedTrade Inc.’s vice president of ferrous trading, the company has confirmed.

  • Harsco logs loss amid push to exit contracts Aug 08, 2014

    Harsco Corp. swung to a loss in the second quarter due to severance costs and its decision to exit underperforming contracts with steel producers.

  • Ferrous Processing & Trading promotes execs Aug 08, 2014

    Ferrous Processing & Trading Co. has promoted five executives to key leadership positions.

  • Comex drop drives copper scrap market pause Aug 08, 2014

    Spreads on some grades of copper scrap widened this week despite a nearly 8-cent-per-pound drop in terminal market prices, market sources told AMM.

  • Taiwan turns to Japan as US scrap offers rise Aug 08, 2014

    U.S. containerized ferrous scrap exports to Taiwan were at a near standstill this week after mills and exporters moved price expectations in opposite directions, creating a trade-halting gap.

  • Indiana, Chicago follow national scrap trends Aug 07, 2014

    Steel mills in Indiana and the Chicago area have completed a majority of their scrap buying programs for August at similar trends to those in most regional markets this month.

  • ELG Utica Alloys management shuffled Aug 07, 2014

    ELG Metals Inc. has made several management changes at its ELG Utica Alloys Inc. locations.

  • PSC Metals’ lockout at Ohio site ends Aug 07, 2014

    Unionized workers who were locked out at PSC Metals Inc.’s Canton, Ohio, auto shredder facility will return to work Aug. 13 after a new labor agreement was reached.

  • Arca profit tumbles in 2d qtr. on tax obligations Aug 07, 2014

    Appliance Recycling Centers of America Inc.’s (Arca’s) second-quarter earnings were hurt by a change in its income tax obligations.

  • Scrap trends sideways as marts follow Detroit Aug 06, 2014

    Steel mills in several pockets of the United States wrapped up their monthly scrap bookings Aug. 6 as markets continued to trend at levels established early this week by Detroit-area mills.

  • E-cycler sued over stormwater runoff Aug 06, 2014

    An electronics scrap recycler is being sued by the California Sportfishing Protection Alliance (CSPA) for alleged violations of its stormwater permit and the federal Clean Water Act.

  • Detroit ignites August ferrous scrap trading Aug 05, 2014

    Ferrous scrap markets across most of the United States have reportedly kicked off trading for August at prices that are mostly unchanged compared with July levels, with many expecting markets to settle by Aug. 7 at the latest.

  • Lead battery price outlook dims Aug 05, 2014

    Lead battery demand is expected to be weaker than expected this fall, as intense summer heat—which usually puts stress on automotive batteries—has failed to materialize.

  • Aleris in red despite stronger auto sales Aug 05, 2014

    Aleris International Inc. posted a net loss in the second quarter as a weaker mix of rolled products sales coupled with reduced rolling margins continued to offset significantly higher automotive volumes.

  • Soft demand sinks stainless scrap tags Aug 05, 2014

    Stainless steel scrap prices have fallen considerably this week due to lower London Metal Exchange nickel prices, freer scrap flows and subdued demand from melters, according to market participants.

  • Booe Machinery & Salvage opens second feeder yard Aug 05, 2014

    A Nebraska company has opened its second scrap metal buying operation on a greenfield site.

  • Ferrous scrap prices hold sideways in Detroit Aug 04, 2014

    Ferrous scrap trading for August has kicked off in the Detroit region with two steel producers entering the market and a third reportedly poised to follow.

  • Joseph Smith & Sons updates yard permit filing Aug 04, 2014

    Joseph Smith & Sons Inc. is continuing its effort to open a metal recycling facility in Alexandria, Va., with its updated application for a special use permit scheduled to go before the city planning commission on Sept. 4.

  • Recycler’s zoning plea delayed again Aug 04, 2014

    A New Jersey metal recycler must wait until Sept. 30 to find out if it can continue its current operations after a Southampton, N.J., zoning board hearing July 31 exceeded its allotted time and had to be rescheduled.

  • Aluminum alloys prices shrug off Nasaac drop Aug 01, 2014

    A steady aluminum scrap market will prevent secondary aluminum alloy makers from lowering ingot prices, despite a dramatic drop in terminal exchanges over the past month.

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