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Locked-out workers at the Wabash, Ind., smelter of Wabash Alloys LLC have voted down the company's contract proposal, in a version softened slightly by the federal mediator.
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Ukraine's parliament has preliminarily approved a proposal to reduce export duties on ferrous scrap by 40 percent.
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Poorer steel prices will push profits at scrap trader Sims Group Ltd. lower in the year ending June 2006 vs. the previous fiscal year.
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Allcast Inc., an Allenton, Wis., die-caster that melts coated aluminum alloy returned by its customers, has been cited by the U.S. Environmental Protection Agency (EPA) for allegedly neglecting to do performance testing on a furnace and to maintain proper records.
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Venezuela has formally banned exports of all scrap metals, including steel and nonferrous, to ensure local availability, a source close to the country's iron and steelmaking institute said.
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The U.S. Defense Department's latest monthly electronic auction of metal scrap shows copper values rising since October, with four lots of fired cartridges going for more than $1.40 a pound in Florida, Illinois and Nevada.
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U.S. exports of shredded scrap fell nearly 53 percent in September as shipments to China plunged sharply from a nearly two-year high the previous month.
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China is likely to introduce minimum size requirements for new secondary metal smelters as it seeks to consolidate the industry, a leading industry executive said.
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Higher natural gas costs and production losses sent Wise Metals Group LLC spiraling into the red in the third quarter.
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U.S. exports of aluminum scrap slipped slightly in September despite shipments to China reaching a new high for the second consecutive month.
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Exports of nonferrous scrap slipped by 5.5 percent in September, dragged down by softer offshore sales of copper and brass scrap and slightly weaker bookings for the other nonferrous metals.
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Industrial Services of America Inc. (IDSA) said its earnings results for the third quarter ended Sept. 30 sagged from the year-ago period when ferrous scrap demand and prices were running at a stronger pace.
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Shanghai Sigma Metals Inc., China's leading secondary aluminum producer, plans to more than double annual output to 300,000 tonnes by the end of 2006 as it ramps up production at its new plant.
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Notice
Nov 11, 2005
The AMM Secondary Ingot Indicator will cease to be published as of Dec. 15. After considering ways to bring the formula into line with current industry costs, AMM has decided that there is no reliable way to properly reflect all of the costs associated with the production of the listed aluminum alloy grades at a time when such inputs as natural gas fluctuate so severely.
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U.S. exports of major scrap metals wobbled below the $500-million mark in September, but aluminum shipments to China and steel to Turkey bucked the decline.
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China's appetite for copper scrap appears undiminished even as the surging primary copper price pushes the top grades of copper scrap to record levels.
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The Turkish ferrous scrap market is quiet after the Muslim Eid holiday as steelmakers hold out for lower prices.
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China is planning reforms of its secondary metals sector that could double domestic production during the next five years. But imports are likely to remain a key part of the mix for years to come.
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Trying to create an electronics recycling structure state-by-state requires regulators to walk a delicate balancing act between the carrot and the stick.
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Norway's Tomra Systems ASA, best known for its reverse vending machines that issue deposit-fee coupons to beverage customers returning aluminum cans, wants a broader recycling and waste management role, its executives said.
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Perry D. Roark has been named general manager of Industrial Scrap Consulting LLC (ISC), a limited partnership between Cohen Brothers Inc. and OmniSource Corp. that processes and markets scrap metals generated at 47 Worthington Industries Inc. plants.
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Earnings at European Metal Recycling Ltd. (EMR), Britain's largest scrap metals processor and exporter, more than doubled in it latest fiscal year. A surge in the company's sales outside Europe and the United Kingdom boosted revenue by almost 40 percent, the company said.
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China will remain dependent on global markets for the supply of aluminum scrap despite Beijing's goal of making the country nearly self sufficient by 2010, according to the Bureau of International Recycling (BIR), Brussels, Belgium.
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Aleris International Inc.'s net income soared to more than $31.5 million in the third quarter from $1.7 million in the same period last year on sales of $554.9 million, down 5 percent from pro forma sales of $583.9 million last year.