Search

Magazine Issue: September 2016


Cover Story

Dynamic leadership
As executive vice president of metals recycling for Steel Dynamics Inc. and president and chief operating officer of OmniSource Corp., Russ Rinn is responsible for the broad reach of OmniSource’s ferrous and nonferrous metals recycling operations, leading through the current climate of challenges.

Columns

QUARTERLY OUTLOOK

  • Lately, scrap prices have dropped in second half

    Scrap prices have been decreasing in recent years between June and December; for example, from 2010-2015 prices were more likely to be lower at the end of the year in December than they were at the end of June, leaving 2016 up for grabs.

Trending

TRENDING: REGIONAL

TRENDING: REGIONAL

  • Electric jolt

    New York State allots $3 milion for e-cycling in an attempt to help the state’s local governments with scrap processes.

TRENDING: GLOBAL

  • Foreign intervention

    A mid-year ferrous scrap import spike was driven in large part by price increases during the spring domestic markets.

TRENDING: GLOBAL

  • US government agrees to settle coin recycling suit

    The U.S. government has agreed to settle a federal lawsuit against Chinese coin recyclers Wealthy Max Ltd. and America Naha Inc., which had been accused of importing millions of dollars' worth of fake coins into the country and redeeming them through the U.S. Mint.

TRENDING: GLOBAL

  • Shipping shaping up?

    Ferrous scrap export tonnages increased in May over April, fell back a bit in June, are down again year-over-year.

TRENDING: NONFERROUS

  • Nonferrous trends

    Stainless steel, copper, lead, zinc see some late summer relief as they all await fall supply and demand to resolve itself.

TRENDING: NONFERROUS

TRENDING: FERROUS

  • World wider

    Globalism is going to continue to make future scrap prices hard to peg down as variables for forecasting grow complex.

TRENDING: FERROUS

  • Spread the news

    Prime scrap grades have performed fairly well and steadily for several months, in fact much better than shredded scrap.

TRENDING: FERROUS

  • YOY joy?

    Heading into September, prices were close to 2015 levels, but that doesn’t mean sellers still aren’t worried about 2016.

TRENDING: FERROUS

  • Swing state

    Ferrous scrap prices have performed better through most of this year compared to 2015, but the upside may be curbed.

From the Editor

FROM THE EDITOR

Features

FEATURES

  • Scrap’s top conference

    North America’s main ferrous scrap event – the 10th annual AMM Steel Scrap Conference – is set once again for Chicago, in conjunction with a DRI event.

FEATURES

  • Nice niche

    As firms such as Zimmer Recycling understand and respond to, the Mexican scrap market is different from its northern U.S. neighbor and presents a unique set of challenges along with opportunities. The business faces regulatory issues, challenges with market transparency and a lack of transportation options.

FEATURES

  • Scrapyard futures

    Optimizing performance is a key element and sales point of new equipment innovations that a number of companies are aiming at the heart of scrapyards and the coming trends of their operations.

FEATURES

FEATURES

  • Yard smart

    Optimization is the goal of well-planned, intelligent spending on scrap processing equipment, especially in lean times when maximim efficiency and profitability are called for by operators.

The Business

THE BUSINESS: PROFILES

  • Evolution solution

    U.S. Shredder started in 2006 with a focus on castings and wear parts for automotive shredders, and while this remains an important, and growing, part of the business—accounting for about 50 percent of its annual revenue—the company has been evolving over the past 10 years.

THE BUSINESS: BOARDROOM

THE BUSINESS: BOARDROOM

  • Salvaging a win

    Salvaged car parts jump-start recycler’s profits in an example of how switching gears can help an established business.

THE BUSINESS: MANAGEMENT ZONE

  • Equal strength

    Fewer than 17 percent of those employed in metals manufacturing are women, and one executive wonders why.

Market Influences

MARKET INFLUENCES: MOVING AROUND

  • Lock closure seen hitting scrap barge shipments

    Scrap metal shipments via barge through the eastern part of the Gulf Intracoastal Waterway will experience considerable delays and additional costs as the Inner Harbor Navigation Canal lock in New Orleans closes temporarily for repairs.

MARKET INFLUENCES: MOVING AROUND

  • Spurred to action

    Proposed rail rule spurs controversy despite claims of increased competition and service, rate decreases to shippers.

MARKET INFLUENCES: SCRAP STREAM

MARKET INFLUENCES: SCRAP STREAM

  • Boom ore...

    Iron ore made a rebound as domestic ferrous scrap enjoyed a resurgence in the spring of 2016, but what comes next?

MARKET INFLUENCES: MANUFACTURING HUB

MARKET INFLUENCES: MANUFACTURING HUB

  • Gross GDPs?

    Impact of U.S., Chinese manufacturing woes stirs concern in scrap sector as hoped-for big 2016 has not emerged.

Outfitted

OUTFITTED: NEW PRODUCTS

  • Weight processors unveiled

    Hardy Bench Scales offer product configurability, customization for use in a number of industrial weighing applications.

OUTFITTED: NEW PRODUCTS

OUTFITTED: FUTURE LOOK

  • Next generation

    Tribogenics rolls out and begins distribution of Watson XRF metal analyzer for positive materials identification (PMI), a product the firm calls a game changing X-ray source that enables a 200 percent improvement in cost-of-ownership.

OUTFITTED: NEW EQUIPMENT

  • Digging in

    Doosan introduces new power tilting coupler for up to 180 degrees of attachment movement for heavier project work.

OUTFITTED: NEW EQUIPMENT

OUTFITTED: NEW EQUIPMENT

  • Grappling with work

    Sennebogen introduces new grapples for scrap handlers for use in North American recycling yards and steel mills.

OUTFITTED: PREPARE & PREVENT

OUTFITTED: PREPARE & PREVENT

  • Powering up

    In an attempt to increase prices for recycled material, NY auditors are urging the NYPA to amend its scrap policies.


.not('[src*="http"]')