Scrap

• US ferrous scrap exports rise in February Apr 16, 2013

  U.S. ferrous scrap exports in February rose marginally from the same month last year as China’s return to the market helped compensate for lower shipments to other large consumers.

• TMS International hires Rob Garbaty Apr 16, 2013

  TMS International Corp. has named Rob Garbaty manager of trading in Ontario for its raw material and optimization group.

• Beck Aluminum shuts down one furnace Apr 16, 2013

  Beck Aluminum Alloys Ltd. has shut one of two furnaces at its Racine, Wis., plant due to unfavorable margins and a continued tightness in scrap, a company source told AMM.

• Bare Metals settles waste, fire allegations Apr 16, 2013

  Bare Metals LLC has signed a consent order with the state of Georgia to settle allegations that the company openly dumped material, burned solid waste and failed to renew an industrial stormwater permit at its recycling operation.

• Metal price indices tumble in March Apr 15, 2013

  Seven of nine prime and scrap metal price indices tracked by the U.S. Bureau of Labor Statistics declined month on month in March, and all but one index was weaker year on year.

• China's 'Green Fence’ talk of ISRI convention Apr 15, 2013

  U.S. scrap metal exporters are increasingly concerned about China’s stepped-up supervision of scrap shipments to the country. While many believe that the program, commonly referred to as "Operation Green Fence," is a temporary initiative, others believe that the country will continue to strengthen its environmental regulations.

• Schnitzer loses Ore. shredder appeal Apr 15, 2013

  Schnitzer Steel Industries Inc. has lost its challenge to a rival recycler’s attempt to install its first shredder in Eugene, Ore., but the fight will continue on the state level.

• Metal Farm to open facility in NH Apr 15, 2013

  Metal Farm LLC has purchased a 62,000-square-foot warehouse in Farmington, N.H., where it plans to open an auto parts and metals recycling facility.

• Fla. police bust alleged trailer theft ring Apr 15, 2013

  Three Florida men have been arrested in a purported crime ring that allegedly scrapped more than 70 tractor-trailers since 2010.

• Modern American Recycling ex-employee jailed for theft Apr 15, 2013

  A former employee of a Louisiana-based recycler is headed to prison after pleading guilty to stealing scrap metal and selling it to a competitor.

• Brazilian trade group opposes proposed scrap export tax Apr 15, 2013

  Brazilian trade federation Fecomercio is fighting a proposal to tax ferrous scrap exports, Brazil’s institute of iron and steel scrap companies, Inesfa, said.

• SDI lowers May SBQ scrap surcharge Apr 12, 2013

  Steel Dynamics Inc. (SDI) will lower its scrap surcharge on special bar quality (SBQ) products by $20.33 per ton ($1.02 per hundredweight) effective May 1.

• Softer demand tempers SBQ tag hikes for April Apr 12, 2013

  Demand for special bar quality (SBQ) products has softened further over the past two weeks, sources told AMM, and only a portion of an announced April 1 price hike reportedly has taken hold.

• Scrap futures sleep through pricing lull Apr 12, 2013

  The scrap futures market has been eerily quiet following an influx of activity in early March that resulted in the fledgling contract’s second-strongest performance since its launch.

• A380.1 prices flat despite fall in Nasaac Apr 12, 2013

  Prices for A380.1 have remained steady despite a sustained lull in the LME’s Nasaac cash price, with aluminum scrap tags also largely unchanged.

• Thai mills shying away from steel scrap imports for now Apr 12, 2013

  Many Thai steel mills are shying away from importing ferrous scrap at the moment, according to an industry source in the country.

• DMI Metals unit purchases former mill site in Wisconsin Apr 12, 2013

  DMI Metals Inc. has entered the real estate arena, purchasing a 192-acre former mill site in Port Edwards, Wis.

• Arnold Gachman honored with highest ISRI accolade Apr 11, 2013

  The Institute of Scrap Recycling Industries has awarded Arnold Gene Gachman the ISRI Lifetime Achievement Award.

• Stainless scrap consumer buying prices dip Apr 11, 2013

  Stainless steel scrap consumer buying prices have fallen along with broker/processor prices as market participants report ongoing low demand.

• No clear signals on trade groups’ standing on immigration reform Apr 11, 2013

  As the House and Senate mull proposals for immigration reform, some trade groups have evinced general support for reform while others are holding back as they wait to see what emerges.

• United Steelworkers union supports immigration reform Apr 11, 2013

  The United Steelworkers union supports immigration reform and believes that a sensible change in policy would benefit the metals industry and the broader economy, a USW official said.

• Browder eyes Ky. recycling facility Apr 11, 2013

  Browder Metal Recycling is seeking to open a metals recycling facility in Knoxville, Tenn.

• Correction: Scrap traders file lawsuit over stainless deal Apr 11, 2013

  Due to a reporting error, an article published in the April 10 edition incorrectly implied that all containers mentioned in a lawsuit filed by Akjay International LLC, Madison, Conn., and International Alloys Inc., Mendham, N.J., were sold to both parties. The actual number of containers that are alleged to have been double-sold is four.

• Unit of Spain’s Abengoa to recover dross at Novelis’ German site Apr 11, 2013

  Spanish energy solutions provider Abengoa SA, through its industrial recycling division Befesa Medio Ambiente SA, has signed an agreement to manage all of Novelis Inc.’s aluminum dross from its recycling plant in Nachterstedt, Germany, which is currently under construction.