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Magazine Issue: September 2015


Cover Story

Grit, grace, and game for change
Tamara Lundgren had no intention of leaving a high-powered job as an investment banker until she was invited by John Carter, former Schnitzer Steel Industries Inc. chief executive officer, to look inside the northwest regional metals recycler. What she saw, with a ‘fresh set of eyes,’ was tons of potential and a company—and industry—on the ‘precipice of change.’

Columns

QUARTERLY OUTLOOK

  • Where are fourth quarter scrap prices likely to head?

    The view from smaller scrap sellers and corporate executives is not good, as a strong U.S. dollar limiting export opportunities is just one of many factors that market players say will keep scrap metal prices from overheating.

Trending

TRENDING: REGIONAL

  • South helped lead the way on declines

    A good example is scrap supply and demand in the South. In May and June, demand from Birmingham and other nearby areas led to a number of highly priced remote deals designed to meet mill need for scrap, but by July that demand evaporated, and the same thing happened in August.

TRENDING: FERROUS

  • Ferrous views

    ISRi unveils new specs, exports pressure domestic prices.

TRENDING: NONFERROUS

  • Tungsten faces challenges

    Until prices rebound, an industry leader believes producers have a responsibility not to undervalue their products while looking within themselves to reduce costs and make strategic purchasing decisions.

TRENDING: FERROUS

TRENDING: GLOBAL

  • Mexican auto boom may hurt small US players

    As automotive companies begin to see Mexico as an alternative manufacturing hub, suppliers may need to locate closer to customers. Larger companies will have an advantage by moving or adding deliveries to Mexico.

TRENDING: GLOBAL

  • Data shows high value of scrap exports

    ISRI data shows that approximately 27.81 percent of the scrap materials processed in the United States are exported to other countries for manufacture into new products. These exports help create jobs in the United States and also reduce worldwide energy demand and the need to mine and harvest virgin materials.

TRENDING: REGIONAL

From the Editor

FROM THE EDITOR

  • Changes in scrap playing field worry some

    The dramatic fall in prices in this year's scrap market have overshadowed a bigger and ultimately more important trend- the ongoing consolidation with the metals industry.

Features

FEATURES

  • Fired up

    Complexity, but not frequency, rises in scrapyard fires as worker and environmental safety drives operators to best practices and new technologies.

THE BUSINESS: PROFILE

  • Top of the line

    Harris uses a quality approach to meet challenging times by offering equipment that it hopes keeps its finger on the pulse of the scrap metals industry, whether ferrous or nonferrous.

FEATURES

  • Elite meet

    Surviving the current challenges in the scrap market will be the focus of the 9th Steel Scrap Conference presented by American Metal Market on Nov. 11–12 in Chicago, which is being presented along with the 3rd DRI and Mini-Mills Conference to link these vital topics.

FEATURES

  • Substitute teacher

    Low scrap prices threaten to quell demand for domestic DRI just when steelmakers were preparing to rely on the material to help save costs and secure inventory.

EXECUTIVE INTERVIEW

  • Grit, grace, and game for change

    Tamara Lundgren had no intention of leaving a high-powered job as an investment banker until she was invited by John Carter, former Schnitzer Steel Industries Inc. chief executive officer, to look inside the northwest regional metals recycler. What she saw, with a ‘fresh set of eyes,’ was tons of potential and a company—and industry—on the ‘precipice of change.’

The Business

THE BUSINESS: PROFILE

  • Top of the line

    Harris uses a quality approach to meet challenging times by offering equipment that it hopes keeps its finger on the pulse of the scrap metals industry, whether ferrous or nonferrous.

THE BUSINESS: MANAGEMENT ZONE

  • Executive sees scrap shakeout within 2 years

    The metals recycling industry likely will experience a shakeout and emerge with fewer players within the next the next two years, Schnitzer Steel Industries Inc.'s top executive forecast.

THE BUSINESS: BOARDROOM

THE BUSINESS: BOARDROOM

THE BUSINESS: BOARDROOM

THE BUSINESS: MANAGEMENT ZONE

THE BUSINESS: MANAGEMENT ZONE

  • Training sales staff needed to succeed

    Metals recycling companies would benefit by teaching their sales force more than just how to recognize grades of material or quote prices, according to an industry veteran turned consultant.

Market Influences

MARKETING INFLUENCES: SCRAP STREAM

MARKETING INFLUENCES: MANUFACTURING HUB

MARKETING INFLUENCES: SCRAP STREAM

MARKETING INFLUENCES: SCRAP STREAM

MARKETING INFLUENCES: MOVING AROUND

MARKETING INFLUENCES: MANUFACTURING HUB

  • The makers

    A potential aluminum suplus and automotive slowdown, plus operations and upgrades at two steel giants.

MARKETING INFLUENCES: MANUFACTURING HUB

  • Scrap world is generally upbeat on CMC mill plan

    The steelmaker and metals recycler selected a 390-acre parcel in Durant for the micro-mill, according to U.S. Army Corps of Engineers documents. The micro-mill, its second such facility, is scheduled to be commissioned in 2017.The new mill would mirror CMC’s 320,000-ton-per-year rebar facility in Mesa, Ariz.

Outfitted

OUTFITTED: FUTURE LOOK

  • ISRI backs recyclers’ ability to unlock mobile devices

    An exemption to current copyright law would no longer make the U.S. the only country where recyclers do not have the ability to unlock devices, standing in the way of advances in the reuse of technological devices and new innovations and competitive uses, according to Institute of Scrap Recycling Industries.

OUTFITTED: NEW PRODUCTS

  • Cat D2 series loaders offer a variety of new features

    In addition to providing a theft deterrent system, the Advanced Display accommodates up to 50 operator security codes that allow each operator to adjust the machine to suit individual operating preferences. A full-color, 5-inch LCD monitor enables on-screen adjustment of implement response, hydrostatic drive response and creep control speed.

OUTFITTED: NEW EQUIPMENT

  • New Equipment

    Two key scrap products are celebrated in model form and through a key anniversary.

OUTFITTED: NEW EQUIPMENT

OUTFITTED: NEW EQUIPMENT

  • Harris baler meets yard needs

    The Harris TGS ferrous metal baler is a terrific heavy-duty, high-production, and reliable baling system. The TGS baler utilizes a three compression baling system to produce numerous bale sizes to meet market requirements.

OUTFITTED: NEW PRODUCTS

  • ISRI backs electronic theft reporting, questions bills

    Although reporting metal theft is an idea the trade group supports, it also says a federal law is unnecessary since all 50 states have already enacted metals theft legislation, and a federal law would only add a layer of complexity and confusion for federal, state, and local law enforcement, prosecutors, and recyclers.

OUTFITTED: FUTURE LOOK

  • Itronics exploring e-waste business

    Itronics Inc. is looking to tap into the underserved electronic-waste recycling sector by studying the feasibility of extracting precious metals and other salvageable parts from computers and electronic devices.

OUTFITTED: PREPARE & PREVENT

  • Smelters take new rules in stride

    Quemetco Inc. and Exide Technologies Inc. expect no impact on operations stemming from a push for more stringent and clearer rules on lead emissions from smelting operations in Indiana.

OUTFITTED: NEW PRODUCTS