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    Steel plate shipments up, recovery slow

    Apr 17, 2015

    Cut-to-length plate prices fell at a faster clip than those for steel sheet due to stubbornly large inventories and high import volumes, according to market participants. More »

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    Steel sheet prices fall, inventories tumble

    Apr 17, 2015

    Hot-rolled coil prices have edged down again but consensus is firming that the market is nearing a bottom as service centers wrestle to get bloated inventories under control, industry participants said. More »

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    Mo. mulls power rate cut for Noranda

    Apr 17, 2015

    The Missouri Public Service Commission (PSC) is considering a lower power rate for Noranda Aluminum Holding Corp.’s smelter in New Madrid, Mo., acknowledging that the facility might have "serious financial challenges." More »

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    Scheinkman takes Castle helm as Dolan exits

    Apr 17, 2015

    A.M. Castle & Co. has named industry veteran Steven Scheinkman president and chief executive officer, effective immediately. More »

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    TW Metals lands DLA supply contract

    Apr 17, 2015

    TW Metals Inc. has won a defense agency contract to provide steel products in the Northeast. More »

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    Ohio moves to keep Wrangler in state

    Apr 17, 2015

    FCA US LLC (formerly Chrysler Group LLC) is said to be reviewing a proposal that would see an aluminum-intensive 2017 Jeep Wrangler model produced at the Toledo Supplier Park in Toledo, Ohio, although the company has yet to officially signal its intentions. More »

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    W. Coast terminal operators, carriers to talk

    Apr 17, 2015

    U.S. maritime regulators have approved an agreement to allow marine terminal operators and carriers serving U.S. West Coast ports to exchange information in order to reduce cargo congestion. More »

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    Zinc premiums flat amid oversupply

    Apr 17, 2015

    Special-high-grade zinc spot premiums were flat again this past week despite reports from buyers that the domestic market is oversupplied due to waning steel demand. More »

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    Century Aluminum, union reach labor deal

    Apr 17, 2015

    Century Aluminum Co. has reached a tentative five-year labor deal with workers at the company’s facility in Hawesville, Ky., according to the United Steelworkers union. More »

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    Evraz Highveld tangle could lift vanadium tags

    Apr 17, 2015

    Evraz Highveld Steel & Vanadium Ltd.’s financial issues could prompt a "spike in vanadium prices," according to Roskill Information Services Ltd., although U.S. ferrovanadium suppliers said it’s too early to tell if the domestic market will be affected. More »

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    Rising twitch prices squeeze margins

    Apr 17, 2015

    A push and pull between rising twitch prices and an ample supply of secondary aluminum alloys has alloy producers feeling the squeeze of tighter margins. More »

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    Iowa recycler faces state probe

    Apr 17, 2015

    An Iowa recycler is again facing state scrutiny for allegedly violating environmental laws. More »

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    General Moly, Amer ink Mount Hope funding deal

    Apr 17, 2015

    General Moly Inc. has signed an agreement with Amer International Group to help the mining company secure full project financing for its Mount Hope molybdenum project in central Nevada. More »

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  • Scrap downturn is a major change

    As the annual convention of the Institute of Scrap Recycling Industries approaches, to say that everything is not ideal in the ferrous scrap world would be a bit of an understatement. The first quarter of 2015 has presented scrap companies with their greatest challenges since the Great Recession helped to lower prices near the end of 2008. It hasn’t been a bed of roses on the nonferrous side, either.

  • Something old, something new

    Although the price differential between used and new equipment is as much as 50 percent or more, some scrap companies still prefer to buy new, even with current market conditions, while others are happy to grab the savings.

  • The well-dressed scrapyard

    What equipment should a yard operator be looking at to remain competitive and efficient? The emphasis often is on operational efficiency and value-added sorting, and one comprehensive, flexible approach could be to outline what the yard would look like if it were started from scratch.

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