Scrap RSS

  • 611 Metals Recycling opens 2d Pa. scrapyard Mar 21, 2013

    Pennsylvania’s 611 Metals Recycling has opened a second scrapyard to expand its reach within the state.

  • Stricter Ind. scrap bill heads to state’s Senate Mar 21, 2013

    Scrap metal recyclers in Indiana are one step closer to being required to obtain proof of ownership of certain metals.

  • Copper scrap discounts narrow on short supply Mar 21, 2013

    An ongoing copper scrap shortage and a decline in Comex copper prices caused discount spreads to narrow March 20, as availability concerns began to present significant headwinds for scrap dealers, sources said.

  • Mich. city considers salvage yard Mar 20, 2013

    The Jackson (Mich.) Planning Commission will hold a public hearing April 3 on whether to allow an automobile wrecking and salvage yard to operate.

  • Scrap export dock prices fall as demand slows Mar 20, 2013

    Many U.S. ferrous scrap exporters have lowered buying prices at docks along the East and West coasts amid falling offshore demand, market participants say.

  • Principle Metals owner gets prison term Mar 20, 2013

    The owner of a recycling operation in Washington has been jailed for causing thousands of gallons of oil to spill into the Columbia River.

  • Serbia’s ZS slag resale probe yields over a dozen arrests Mar 20, 2013

    Serbian police have arrested more than a dozen individuals for allegedly falsifying documents related to the processing of slag from the now-idled Zelezara Smederevo (ZS) steel works, costing the steelmaker as much as €5.7 million ($7.4 million).

  • MRC taking over recycling drop-off centers Mar 20, 2013

    Midwest Recycling Center (MRC) has agreed to take over two recycling drop-off centers in Independence, Mo.

  • Sims’ Davy exits as European chief exec Mar 19, 2013

    Graham Davy, chief executive officer of Sims Metal Management Ltd.’s European business and its global Sims Recycling Solutions (SRS) division, is "no longer employed by the company," effective immediately, Sims said late March 19.

  • Illinois recycler Cozzi O’Brien will expand Mar 19, 2013

    An Illinois recycler has announced a 10-acre expansion at its headquarters facility and the launch of a small shredding operation.

  • Secondary alloy prices hold ground Mar 19, 2013

    Strong demand from the auto and housing sectors has kept secondary aluminum values on the raw material and finished product side afloat despite continuing weakness in terminal markets.

  • Trademark seeks brownfield status at site Mar 19, 2013

    Trademark Metals Recycling LLC is asking for a brownfield designation for its Tampa, Fla., site so that it can clean up the property and expand its business.

  • Minnesota recyclers work to revise proposed legislation Mar 19, 2013

    Recyclers in Minnesota are trying to get some provisions in proposed state legislation removed before the final version heads for a vote.

  • Stainless scrap off again amid uncertain demand Mar 19, 2013

    Stainless scrap processor buying prices have taken another tumble, with uncertainty over mill demand for April driving prices and purchasing activity down.

  • SDI expects flat 1st qtr.; OmniSource to fall Mar 19, 2013

    Steel Dynamics Inc. (SDI) expects relatively flat first-quarter earnings as the nonresidential construction sector continues its slow climb to recovery, even as global economic uncertainty continues to impact consumers’ purchasing patterns.

  • Nonferrous scrap exports slide in January Mar 19, 2013

    U.S. exports of nonferrous scrap fell in January on the back of a significant decline in aluminum and copper scrap volumes, which together represented more than 95 percent of shipments abroad for the month.

  • Bulk scrap exports sideways as demand slips Mar 18, 2013

    U.S. ferrous scrap export prices for bulk shipments trended sideways over the past week as thin demand offered little price support.

  • Copper scrap PPI up 3d month in row Mar 18, 2013

    The price index for copper-based scrap logged a third consecutive monthly gain in February, according to data from the U.S. Bureau of Labor Statistics, while those for ferrous scrap and aluminum scrap lost ground.

  • Upstate Shredding gets nod to raze Pa. site Mar 18, 2013

    Upstate Shredding LLC–Ben Weitsman & Son Inc. has been given the green light to start demolition at its newly acquired site in New Castle, Pa.

  • Recycler looking to open Montana yard Mar 18, 2013

    A new player is seeking to open a scrapyard on nearly three acres in Billings, Mont.

  • PSC logs loss despite sales, shipment boost Mar 18, 2013

    PSC Metals Inc. fell into the red last year as higher revenue and shipments were unable to offset lower selling prices.

  • Slow offshore demand bites W. Coast prices Mar 15, 2013

    Prices for containerized ferrous scrap exported from the West Coast fell this past week due to a drop in demand from buyers in key consumer markets like Taiwan, South Korea and China.

  • Container shipments to India remain scarce Mar 15, 2013

    A stronger U.S. scrap market and higher freight costs off the East Coast have combined with dismal demand from India to continue a stalemate in containerized ferrous scrap exports.

  • Some mill-grade aluminum scrap prices up Mar 15, 2013

    Prices for some grades of mill-grade aluminum scrap rose March 14 as market participants noted that a recent recovery in terminal markets had helped support secondary tags.

Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center