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Magazine Issue: April 2016


Cover Story

Brand of brothers
After learning the scrap business from their father and then working at one of the nation’s largest scrap companies, Jeff and Rick Gertler founded Scrap Metal Services, which, in only 11 years, has become one of the fastest-growing, privately held diversified ferrous and nonferrous scrap companies in the U.S.

Trending

TRENDING: REGIONAL

  • Across the Nation

    An overview of some recent events, trends and news items that are affecting scrap markets in various domestic regions.

TRENDING: REGIONAL

TRENDING: REGIONAL

  • Local listing

    Although prices rose in January and March this year it is not yet apparent whether mill demand is on the rebound in 2016.

TRENDING: GLOBAL

  • View from around the world

    Turkish scrap imports fall, Mexico’s busheling glut increases, India is on the rise, Taiwan’s scrap import prices increase.

TRENDING: GLOBAL

TRENDING: GLOBAL

  • Dive barometer

    In continuing their annual downward trend last year, U.S. ferrous scrap exports reached at least seven-year lows as shipments abroad fell below 13 million tonnes—down in excess of 11.3 million tonnes from the highs seen in 2011.

TRENDING: NONFERROUS

  • Nonferrous Trends

    Lead, aluminum, copper all see challenges ahead as uncertainty continues to cloud markets during first quarter of 2016.

TRENDING: NONFERROUS

  • ISRI revises specs

    ISRI releases updates to select nonferrous grade specifications in its 2016 Scrap Specifications Circular

TRENDING: NONFERROUS

TRENDING: NONFERROUS

  • Foreign intrigues

    A combination of factors led to a drop in nonferrous scrap exports from the U.S. last year, led by slowing Asian markets.

TRENDING: FERROUS

TRENDING: FERROUS

  • Raw story

    Stable tags are key to recycling profitability for Nucor, which also says a drop in scrap volumes is unlikely to have a major impact on the performance of wholly owned scrap metal processing and brokerage subsidiary, Cincinnati-based DJJ Co.

TRENDING: FERROUS

TRENDING: FERROUS

  • Drop stop?

    About one year ago the bottom fell out of the scrap market, but for now prices haven’t seen a major decline since the fall.

From the Editor

FROM THE EDITOR

  • Scrap businesses must recycle their mettle

    Although the first quarter of 2016 has not seen the severe price drops of just a year ago, and just because January and March prices were up and February was essentially sideways, it does not mean the worst is over for the industry as the annual convention of the Institute of Scrap Recycling Industries approaches.

Features

FEATURES

  • Tech as in wreck

    There are plenty of reasons for shredder operators to consider upgrading their equipment to take advantage of the latest technologies, and keeping business profitable is the top one.

FEATURES

  • Detection agencies

    In a down market, handheld device makers emphasize service and efficiency as scrap sorters are adopting both laser and X-ray detectors to help deal with sorting issues in the yard.

FEATURES

  • Conference calls

    The ISRI2016 General Session speaker lineup focuses on the role of global economic factors in the recycling industry as opening and closing sessions are set to examine leading economic indicators and growth predictors.

The Business

THE BUSINESS: PROFILES

  • Sorting things out

    Steinert US, a leader in separation technology solutions for the scrap, waste, recycling and mining industries, has expressed confidence that the current market is just another bump in the road for a very cyclical industry, as the company continues to develop new, more-efficient sorting technologies.

THE BUSINESS: BOARDROOM

THE BUSINESS: BOARDROOM

  • Firms respond to downturn

    SDI sees strong supply, stable pricing ahead, while Sims is set to shutter an additional 25 yards during the rest of the year.

THE BUSINESS: MANAGEMENT ZONE

THE BUSINESS: MANAGEMENT ZONE

  • Merge ahead

    More consolidation is in store for scrap sector, a leading expert says, as publicly traded companies fight for survival.

Market Influences

MARKET INFLUENCES: MOVING AROUND

  • Logistics & Transportation

    Norfolk Southern to slash rail lines, jobs as it continues to fend off takeover attempts from the Canadian Pacific Railway.

MARKET INFLUENCES: SCRAP STREAM

MARKET INFLUENCES: SCRAP STREAM

  • Down under

    Mining companies are facing challenges on a number of fronts as they struggle to retain revenues and business in 2016.

MARKET INFLUENCES: MANUFACTURING HUB

  • In plane sight

    Although fundamentals supporting the aviation industry still look positive for the future, at least one analyst believes that Boeing and Airbus’ production rates could exceed the demand for new commercial jetliners within a just few years.

MARKET INFLUENCES: MANUFACTURING HUB

MARKET INFLUENCES: MANUFACTURING HUB

  • Building blocks?

    Construction, manufacturing sectors are showing warning signs, and projections indicate that manufacturing construction could ‘take a really big dive this year,’ one steel analysts says in a warning to players in the metals sector.

Outfitted

OUTFITTED: FUTURE LOOK

  • Downloading zones

    For many scrapyards, expensive software packages can often be out of reach; but when it comes allowing yards to schedule logistics based on their schedules and their customers, DataDocks says it can help at an affordable rate.

OUTFITTED: NEW EQUIPMENT

  • Heavy load

    Doosan extends its lineup with a new wheel loader with available high-lift option for heavy-duty work for scrapyards.

OUTFITTED: NEW PRODUCTS

  • Tribogenics adds analyzer

    Tribogenics adds high-speed, high-accuracy aluminum alloy ID for industry with sub-$10,000 hand-held XRF analyzer.

OUTFITTED: NEW PRODUCTS

OUTFITTED: PREPARE & PREVENT

OUTFITTED: PREPARE & PREVENT

  • Cashing out?

    Recyclers in Maryland and West Virginia respond to proposals that would restrict or ban some cash deals for scrap.


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