Scrap RSS

  • Container scrap prices tick up on West Coast Feb 27, 2014

    A modest recovery in prices of containerized ferrous scrap exported to countries like Taiwan has brought some optimism to an otherwise bearish market eager for any positive cue.

  • Ex-OmniSource employee opens Ariz. yard Feb 27, 2014

    A new scrap market player has emerged in Tucson, Ariz., looking to move from the peddler trade into the industrial arena.

  • Ormet seeks OK to scrap boiler plates Feb 27, 2014

    Ormet Corp. is seeking court approval to sell approximately 1,700 tonnes of boiler plates as steel scrap in a deal valued at $682,100, according to documents filed in U.S. Bankruptcy Court in Delaware.

  • Kaiser, Boeing in recycling partnership Feb 26, 2014

    Kaiser Aluminum Corp. and Boeing Co. have formed a closed-loop scrap recycling program that is expected to capture about 22 million pounds of aluminum alloy scrap over the next two years.

  • Scrap prices poised for another weak month Feb 26, 2014

    Domestic ferrous scrap prices are expected to trend lower in March as lackluster export volumes and anticipated demand continue to tilt supply and demand fundamentals toward consumers.

  • Arca ends ’13 in the black due to cost-cutting Feb 26, 2014

    Disciplined spending and lower overhead costs bode well for Appliance Recycling Centers of America Inc. (Arca), which swung to a profit in 2013.

  • Former Behr scrap buyer Pat Reiniche dies Feb 26, 2014

    Former Behr Iron & Metal Co. aluminum scrap buyer Pat Reiniche has died. She was 66.

  • California looks at shredder, scrap bills Feb 25, 2014

    California legislators are considering a bill that would require waste from shredded automobiles to be regulated by the Department of Toxic Substances Control (DTSC), with the bill’s sponsor taking aim at Sims Metal Management Ltd.

  • Titanium recycler operations return after fire Feb 24, 2014

    A Phoenix titanium recycler said its operations have returned to normal following a Feb. 20 fire that destroyed a neighboring business.

  • S. Carolina metals recycler reopens under new owner Feb 24, 2014

    A Georgetown, S.C., metals recycler has reopened under new ownership as a franchise for a larger company.

  • ISA amends credit facility, regains compliance Feb 24, 2014

    Industrial Services of America Inc. (ISA) has regained regulatory compliance and improved its cash flow after reaching a deal with Fifth Third Bank to amend its credit facility.

  • Chicago grants permit for new auto shredder Feb 24, 2014

    Chicago could become home to a fourth auto shredder after the city’s Zoning Board of Appeals voted unanimously to grant the necessary permit to Pure Metal Recycling LLC.

  • Sims' Redwood plant faces fire safety directives Feb 24, 2014

    Sims Metal Management Ltd. has been issued a directive to implement more than a dozen fire safety measures at its Redwood City, Calif., scrap metal shredding facility.

  • Upstate wins OK to expand in Port of Albany Feb 24, 2014

    A division of Upstate Shredding LLC-Ben Weitsman & Son Inc. will lease an additional 12 acres at the Port of Albany, N.Y., after outbidding two competitors for the space.

  • Harsco aiming to slim down metals unit to reduce costs Feb 24, 2014

    Harsco Corp. doesn’t see any headwinds emerging for the steel industry but, still wading in red ink, plans to run its largest segment leaner this year.

  • Seattle recycler seeks to liquidate Feb 24, 2014

    A Seattle scrap metal recycler has filed for Chapter 7 bankruptcy liquidation in U.S. Bankruptcy Court in Washington state.

  • Former Keywell executives criticize lawsuit Feb 21, 2014

    The secured lenders and former executives of SGK Ventures LLC, the bankrupt specialty steel scrap processor formerly known as Keywell LLC, have responded to a multimillion-dollar lawsuit filed against them by unsecured creditors, disputing claims made in the suit and filing a motion calling for its dismissal.

  • Bulk scrap export prices dip; floor may be near Feb 21, 2014

    Prices for U.S. bulk ferrous scrap exports to Turkey slipped Feb. 20 as Turkish mills continued to book cargoes at attractive rates.

  • Auto recycler ready to add shredder in Montreal region Feb 21, 2014

    Competition for obsolete ferrous scrap in the Montreal region is set to increase with a new shredder preparing to begin operations in about a month.

  • Scrap aluminum wheel prices shift higher Feb 21, 2014

    Scrap aluminum wheel prices have risen slightly through mid-February, supported by diminished supply due to recent weather conditions across much of the country, market participants told AMM.

  • A380.1 aluminum alloy price hits 21-month high Feb 21, 2014

    Secondary aluminum alloy spot prices have hit a 21-month high due to what market participants are calling “an environment ripe for upward price movements.”

  • Copper scrap prices steady in quiet market Feb 20, 2014

    Copper scrap discounts were steady Feb. 19 as market participants said tepid trading activity and limited movement on terminal markets had quelled price volatility.

  • Scrap industry veteran Naporano dies Feb 19, 2014

    Naporano Iron & Metal Co. founder Andrew Naporano Sr. died Feb. 11 at the age of 100.

  • Titanium spot prices mired at low levels Feb 19, 2014

    While titanium spot prices remain mired at low levels, some buyers are nevertheless filling inventory holes at a brisker pace and scrap tags—seen by some as a harbinger of eventual price movement—appear to be firming.

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