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Quiet spot demand has kept silicon prices steady, although market participants remain divided on the future direction of prices.
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A Senate bill has been reintroduced that aims to curb scrap metals theft, but a federal bill tracking system indicates the legislation has little chance of passing.
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Recyclers in Mississippi might get a tax break if legislators approve an amendment to the state’s recycling laws.
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Automobile recycler and national dismantling chain LKQ Corp. Inc. has purchased an auto shredder in Florida that was commissioned a year ago, marking its first entry into the auto shredding business.
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Smith Industries Inc. has started up its new auto shredder in Cumberland, Md., signaling a further inland reach for the company.
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Most aluminum scrap grade prices declined Feb. 28, with market participants telling AMM that weakening exchange prices coupled with recent turmoil overseas were beginning to take a toll on secondary markets.
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Schnitzer Steel Industries Inc. is gearing up to start its new shredding operation near Vancouver, British Columbia, within the next three months, and anticipates a sequential improvement in its fiscal second-quarter earnings results, the company said Feb. 28.
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East Coast containerized ferrous scrap exports to India have hit a wall as U.S. suppliers push for higher prices and buyers—citing a strong dollar—hope for some reprieve.
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Scrap industry veteran and Hugo Neu Corp. chairman John L. Neu died Feb. 27 in New York. He was 74.
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A recent weakening in terminal markets has copper and brass scrap sellers waiting for major international consumers to re-enter the market, sources told AMM.
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Metal Exchange Corp. is suing Scrap Metal Exchange LLC for alleged trademark and service mark infringements, claiming that the company has lured customers by using a "confusingly similar" trade name.
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OmniSource Corp. is suing Worley Brothers Scrap Iron & Metal Inc., alleging that the recycler has not paid for scrap supplied by OmniSource.
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Appliance Recycling Centers of America Inc. (Arca) is hopeful that a rebound in residential construction will result in the company’s return to profitability after falling into the red last year.
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The sale of China Metal Recycling (Holdings) Ltd. (CMR) shares by chairman and chief executive officer Jacky Chun to a Chinese state-owned group is still planned, even as trading of the scrap company’s shares remains suspended.
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Hugo Neu Corp. chairman and chief executive officer John L. Neu has passed away, the recycler confirmed.
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U.S. ferrous scrap export prices for bulk shipments to Turkey logged big gains over the past few days as mills returned to replenish inventories.
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Free-market scrap lead battery prices have strengthened, with further increases expected, sources said.
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A Kentucky scrapyard owned by David J. Joseph Co. (DJJ) has been issued a 225-count summons for allegedly not entering vehicle identification numbers (VINs) into a law enforcement database that tracks stolen vehicles.
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Tung Tai Group Inc. has agreed to pay a $43,875 civil penalty for allegedly sourcing scrap metal from Cuba.
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Construction of Global Steel Dust Ltd.’s new zinc oxide plant in Thailand has been put on hold as the company has yet to receive permission to proceed from the country’s investment board, chief executive officer Russ Robinson told AMM.
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Universal Scrap Metals Inc. (USM) has added a 60,000-square-foot indoor recycling facility in Georgetown, Ky.
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Sadoff Iron & Metal Co.’s Rolf Hadel will retire after a career in the scrap recycling business that spanned more than three decades.
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The ferrous scrap futures market is having a quiet month, even on expectations that prime scrap prices will rise in March.
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Some grades of secondary and mill-grade aluminum scrap declined Feb. 25 as buyers and sellers alike complained of reactionary conditions amid weakening terminal markets.