Scrap

  • Recycler expects lawsuit, delays relocation Sep 23, 2014

    A Grand Rapids, Mich., metal recycler will hold off on its plan to move to a larger location as it expects a neighboring food processing company will take the matter to court.

  • Nonferrous scrap exports slip through July Sep 23, 2014

    U.S. nonferrous scrap exports fell during the first seven months of the year, with only nickel bucking the trend.

  • US bulk ferrous scrap export prices slide Sep 22, 2014

    East Coast bulk export prices have shed nearly $20 per tonne since the start of September amid a stronger dollar, higher freight costs and cheaper Chinese billet prices into Turkey.

  • US refined zinc output falls in 1st half: USGS Sep 22, 2014

    U.S. refined zinc production totaled 105,000 tonnes in the first half of 2014, down 8.7 percent from 115,000 tonnes in the same period last year, according to the latest U.S. Geological Survey (USGS) data.

  • Recycler defers permit request in Va. Sep 22, 2014

    Joseph Smith & Sons Inc. has temporarily deferred its plans to construct a metals recycling facility in Alexandria, Va.

  • PSC investing in auto shredder residue plant Sep 22, 2014

    PSC Metals Inc. is planning to invest in additional nonferrous separation and recovery systems to increase yields from its auto shredding operations.

  • Ecology’s auto parts unit said purchased by LKQ Sep 19, 2014

    LKQ Corp. has acquired the auto parts division of Ecology Auto Parts Inc., according to some market participants.

  • Ferrous scrap exports through July fall 20.6% Sep 19, 2014

    U.S. exports of ferrous scrap totaled just under 8.83 million tonnes in the first seven months of the year, down 20.6 percent from the same period last year.

  • NJ scrap metals theft bill advances Sep 19, 2014

    A proposed revision to a bill aimed at preventing the theft of scrap metals advanced in the New Jersey legislature this past week.

  • EMR’s earnings stumble Sep 19, 2014

    European Metal Recycling Ltd.’s (EMR’s) earnings fell 11.7 percent in 2013 as the company continued to combat difficult sale and supply issues that have faced the industry.

  • Sims to pay $189,500 to settle EPA claim Sep 19, 2014

    Sims Metal Management Ltd. has agreed to pay a civil penalty stemming from a previously resolved environmental issue at an off-site ship-loading conveyer area near its Redwood City, Calif., facility.

  • SoRec buys property in Louisiana Sep 19, 2014

    Southern Recycling LLC (SoRec) has acquired its third property in Baton Rouge, La.

  • Ferrous scrap export tags into Taiwan plunge Sep 18, 2014

    Chinese steel billet sales into Taiwan sent containerized ferrous scrap export prices plummeting this week as Taiwan’s mill buyers switched their focus to cheaper semifinished products from China.

  • Copper scrap mart said brightening on demand Sep 18, 2014

    The copper scrap industry is slowly coming out of its summer doldrums amid higher demand from mills and ingot makers.

  • Port Manatee Scrap Metal exports first cargo from Fla. Sep 18, 2014

    Port Manatee Scrap Metal Inc. has shipped its inaugural load of raw material from Florida.

  • DRI effect on scrap market seen muted Sep 18, 2014

    Scrap remains the raw material of choice for electric-arc furnace (EF) steelmakers, even as interest in direct-reduced iron (DRI) ramps up, Steel Manufacturers Association (SMA) president Philip K. Bell told AMM in an interview.

  • Correction: Ferrous bulk export prices lose more ground Sep 18, 2014

    A story posted to AMM’s website Sept. 17 on bulk ferrous scrap export prices should have said that at $370 per tonne c.i.f. Turkey, prices for an 80/20 mix of No. 1 and No. 2 heavy melting scrap shipped from the East Coast are now down around $15 per tonne from a month ago on a delivered basis and are even weaker than that on an f.o.b. basis due to higher freight costs. The story incorrectly implied that the f.o.b. price had declined by a lesser amount.

  • Multi-material vehicles complicate scrap sorting Sep 18, 2014

    Multi-material vehicles present new challenges when it comes to sorting scrap left over from stamping, according to Honda Motor Co. Ltd. executives.

  • China slowdown weighs on copper outlook Sep 17, 2014

    A drop in copper demand from China will weigh on primary and secondary copper prices, but a brighter economic outlook in the U.S. will allay some fears, economists said during the Institute of Scrap Recycling Industries’ Commodities Roundtable in Chicago.

  • Water rules, freight concerns for copper Sep 17, 2014

    Regulations put in place to control lead in drinking water continue to pose challenges for copper scrap consumers, market participants said during the Institute of Scrap Recycling Industries’ Commodities Roundtable in Chicago.

  • Ferrous bulk export prices lose more ground Sep 17, 2014

    U.S. ferrous scrap bulk export prices have lost more ground with the conclusion of sales to South Korea and Turkey.

  • ISRI mulls updating, adding scrap metal specs Sep 17, 2014

    The Institute of Scrap Recycling Industries is considering updating an existing scrap metal specification and possibly making two additions, according to an industry player who participated in ISRI’s Commodities Roundtable in Chicago this week.

  • PSC Metals taps regional director Sep 17, 2014

    PSC Metals Inc. has promoted Jarod Hamilton to director of ferrous sales for the company’s northern region.

  • Stainless scrap prices fall, outlook bearish Sep 16, 2014

    Stainless scrap prices have resumed their downward trek as nickel prices tumbled and market players held a bearish outlook due to lingering weakness in end-user demand.

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