Scrap RSS

  • Ontario metal recycler put into temporary receivership Feb 14, 2014

    A Hamilton, Ontario, metal recycler has been put into temporary receivership under the Canadian Bankruptcy and Insolvency Act.

  • Sims back in the black but market remains challenging Feb 14, 2014

    Sims Metal Management Ltd. swung back into the black in the first half of its fiscal year on increased sales volumes.

  • Bulk scrap export prices to Turkey slip further Feb 14, 2014

    U.S. bulk ferrous scrap export prices to Turkey slipped this week as market participants continue to debate whether prices are nearing a floor.

  • NJ shredder said shut less than two years after start Feb 13, 2014

    An auto shredder in Millville, N.J., apparently has gone quiet less than two years after being commissioned.

  • Scrap industry veteran ‘Yogi’ Friedrichsen dies Feb 13, 2014

    Scrap metal recycling industry veteran Richard "Yogi" Friedrichsen died Feb. 10. He was 68.

  • Exide files suit challenging new air regulation Feb 13, 2014

    Exide Technologies Ltd. has filed a lawsuit in Los Angeles Superior Court asking a judge to set aside a recent amendment to a rule that would require the troubled battery maker to reduce emissions of arsenic, benzene and 1,3-butadiene.

  • Oklahoma City shredders oppose fire code updates Feb 13, 2014

    Oklahoma City officials have temporarily delayed updating its fire code at the request of two local auto shredder operations.

  • China drives nonferrous scrap exports drop Feb 12, 2014

    U.S. nonferrous scrap exports fell in December amid weaker demand from China, whose aluminum scrap intake fell 13.9 percent vs. November to 110,450 short tons.

  • Rich Metals back in business following fire Feb 12, 2014

    Rich Metals Co. resumed normal operations Feb. 12 at its Blue Grass, Iowa, scrap processing site after a fire the previous day.

  • Storm could cripple scrap flow in Southeast Feb 12, 2014

    Scrap flow has yet to be seriously impacted by a major winter storm across much of the southeastern United States, but companies in affected areas have prepared for the worst.

  • Presidents Day holiday notice Feb 12, 2014

    AMM’s offices will be closed Monday, Feb. 17, in observance of Presidents Day, and there will be no issue dated Tuesday, Feb. 18. The New York Mercantile Exchange also is closed Monday. London Metal Exchange prices for Feb. 17 will appear in the Feb. 19 issue.

  • Novelis push for scrap may disrupt mart: chief Feb 11, 2014

    With demand for automotive sheet growing exponentially, several aluminum producers have expressed concern that Novelis Inc. has been overpaying for scrap and effectively skewing the entire aluminum scrap market.

  • Stainless steel scrap prices reverse declines Feb 11, 2014

    Stainless steel scrap prices have rebounded after two consecutive weeks of declines, market participants told AMM, spurred by the London Metal Exchange’s nickel rally last week.

  • Ferrous scrap exports jump to four-month high Feb 11, 2014

    U.S. ferrous scrap exports rose to a four-month high in December, led by increased purchasing by Turkey and South Korea.

  • Lawmaker unveils website to fight metal theft Feb 10, 2014

    Arkansas state Rep. Kim Hammer has unveiled a metal theft reporting tool on his website intended to improve information-gathering in support of possible future legislation.

  • Midwest ferrous scrap prices sink in Feb. Feb 10, 2014

    Midwest ferrous scrap prices plummeted this month as mill buyers welcomed a push by exporters to send domestic prices down.

  • Bulk export tags fall, sparking sales to Turkey Feb 10, 2014

    Tumbling U.S. bulk ferrous scrap export prices to Turkey have triggered an increase in sales to the country, with the latest sales bringing to seven the number of cargoes booked over the past week.

  • Minnesota recycler to open 2d facility Feb 10, 2014

    Metal recycler Jacks Salvage has been granted permission to open a second facility in Minnesota.

  • Georgia firm seeks to open scrapyard Feb 10, 2014

    SNE Family Farm Holdings LLC is seeking to have 1.72 acres in Dallas, Ga., rezoned for heavy industrial use in order to open a metal and asphalt recycling facility.

  • Chicago scrap prices sink on cloudy outlook Feb 07, 2014

    Uncertainty on a reasonable floor price for prime scrap in Chicago has resulted in large tonnages being secured on a price-to-be-determined basis as steel mills seek more time to settle final prices.

  • Strong auto demand lifts A380.1 prices Feb 07, 2014

    Prices for secondary aluminum alloy A380.1 continued to climb Feb. 6, bolstered by a number of factors, including higher raw material costs and robust demand from the automotive sector, according to market sources.

  • Clarification: Schupan eyes growth, hires scrap veterans Feb 07, 2014

    An article in the Feb. 7 edition implied that Gary Curtis had most recently been employed at Terrapin Recycling LLC before being hired by Schupan & Sons. Curtis is currently an executive vice president at Clayton, N.C.-based Source Recycling LLC.

  • Umicore’s recycling profits hit by drop in metal prices Feb 07, 2014

    A "sharp drop" in metal prices took a toll on Umicore’s recycling business in 2013, with the segment logging a 23-percent decline in earnings before interest and tax (Ebit).

  • US steel trade deficit tumbles in 2013 Feb 06, 2014

    The U.S. iron and steel mill products trade deficit slid in 2013 from the previous year as metalliferous ores and scrap, copper and other nonferrous metals all fell, analysis of the latest U.S. Bureau of Economic Analysis data show.

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