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Magazine Issue: February 2016


Cover Story

Scrap generations
Chairman and CEO Rob Goldstein is the fourth generation of family members to work at and lead Alter Trading, embracing integrity and honor as the cornerstones of a long-standing company that is today one of the largest privately held scrap companies founded and based in the United States at a time of large corporate dominance within the metals sector.

Trending

TRENDING: REGIONAL

  • Steel market heads South

    As output shrinks regionally, U.S. Steel indefinitely postpones building an electric-arc furnace at Alabama Fairfield Works.

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

  • Across the Nation

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

TRENDING: GLOBAL

TRENDING: GLOBAL

  • World weary

    Ferrous and nonferrous scrap saw export tonnage figures and prices decline in 2015, hurting already wounded markets.

TRENDING: NONFERROUS

  • Nonferrous views

    The latest on UBCs, aluminum, copper and other nonferrous metals shows mixed performances to start the year.

TRENDING: NONFERROUS

  • Honing the art of blending stainless steel scrap

    As steel mills turned to the electric-arc furnace, the need for scrap increased substatially since an EF can melt up to 100-percent scrap, as opposed to a blast furnace that could only use about 30-percent scrap. With this new cost-saving technology, there was a tremendous need to utilize scrap metal for these furnaces.

TRENDING: FERROUS

  • Bump in the road

    Scrap starts 2016 with a rare up market, but the mood of sellers is still dampened by several continuing negative factors.

TRENDING: FERROUS

  • Ferrous Views

    Even with resumed operations, scrap’s rise is a key to supporting Nucor DRI plant’s success.

TRENDING: FERROUS

  • Demand drove down market in 2015

    While it’s true that the dramatic decline in ferrous scrap prices throughout most of 2015 has at times contributed to a scarcity of available material, it also is true that the nosedive in demand that helped create the issue in the first place has more than offset any shortages.

From the Editor

FROM THE EDITOR

  • Last year was one that most would rather forget

    When the books were finally closed, 2015 clearly was a remarkable year in the recent history of the ferrous scrap market – and most nonferrous ones as well – although 12 months that many on the selling side of the ledger would probably like to forget.

Features

FEATURES

  • To buy or not to buy

    In a low-price environment like the one facing scrap sellers today, is it better to own or to lease large, expensive but necessary equipment for a yard?

FEATURES

  • Recovery rates

    Scrap operators will need clean yards and balance sheets as steel woes continue to cast long shadows, and while helpful, new technology is not a panacea.

The Business

THE BUSINESS: PROFILES

  • Quick as a CAT

    Caterpillar has been supplying equipment to the recycling industry for more than three decades, and the company plans to continue to increasingly focus upon this sector of the metals industry due to the opportunities that it represents for business growth in the company.

THE BUSINESS: BOARDROOM

THE BUSINESS: BOARDROOM

  • Companies face headwinds

    While the end of 2015 did not bring good news for scrap firms, many remain hopeful about this year’s performance.

THE BUSINESS: MANAGEMENT ZONE

THE BUSINESS: MANAGEMENT ZONE

  • Down, sometimes out

    During the past year’s downturn, the headlines have been dominated by idlings, layoffs, bankruptcies and even closings.

Market Influences

MARKET INFLUENCES: MOVING AROUND

  • Logistics & Transportation

    Washington pursues surface transportation remedies while a busy port gets a makeover to improve shipping business.

MARKET INFLUENCES: SCRAP STREAM

MARKET INFLUENCES: SCRAP STREAM

  • Northern exposure

    Iron Range summit raises hope for action after ‘extremely valuable’ meeting could lead to hope for iron ore, steel sectors.

MARKET INFLUENCES: MANUFACTURING HUB

  • Rigged game

    The oversupply in the steel tube and pipe market has severely undercut many efforts to boost margins and business.

MARKET INFLUENCES: MANUFACTURING HUB

  • Home cooking

    A federal judge’s Buy America ruling brings positive reaction from stakeholders in the domestic iron and steel sectors.

Outfitted

OUTFITTED: PREPARE & PREVENT

  • Steeling against stealing

    A state and a city have recently made moves toward cracking down on scrap metal theft, creating some new regulations.

OUTFITTED: NEW PRODUCTS

OUTFITTED: NEW PRODUCTS

  • Laser show

    A company specializing in handheld and portable analytical instruments says it offers better, faster scrap metal sorting.

OUTFITTED: NEW EQUIPMENT

  • Bucket list

    New severe-duty buckets from Doosan handle abrasive materials without sacrificing material movement performance.

OUTFITTED: NEW EQUIPMENT

OUTFITTED: FUTURE LOOK

  • Bright futures

    One million kilowatt hours of energy produced from Padnos’ solar panels, a major milestone in its solar energy initiative.

OUTFITTED: PREPARE & PREVENT

  • Better safe than sorry

    ISRI and OSHA form a new alliance to promote worker safety in recycling a culture of safety within the scrap recycling industry that works towards the reduction of workplace-incidents and prevention of worker exposure to hazards.