Scrap

• Chinese recycling group lobbies for end to import tariff on scrap Nov 08, 2005

  China's secondary metals association is lobbying Beijing to abolish the current 1.5-percent import duty on aluminum and copper scrap.

• China, India help lift US zinc exports in August Nov 07, 2005

  Stronger demand from the Far East boosted U.S. exports of zinc scrap in August by a third compared with the previous month.

• California's new recycling rules may act as e-business incubator Nov 07, 2005

  California's electronics recycling program could become an incubator for young, little-known companies to spread into other regions around the country.

• CMA makes triple play with Riverside deal Nov 07, 2005

  Australia's CMA Corp. Ltd. has agreed to acquire Sydney-based scrap dealer and ingot producer Riverside Metal Industries Pty Ltd., building on two acquisitions made in September.

• Arca logs mixed results in quarter, 9 months Nov 04, 2005

  Sales of new but dented home appliances continue to outpace revenue from scrapping old refrigerators and freezers for electric power companies, said Appliance Recycling Centers of America Inc. (Arca).

• German secondary ingot maker files bankruptcy Nov 04, 2005

  German secondary zinc and aluminum ingot producer Greuter & Kerscher Metallhuettenbetrieb GmbH & Co. KG has filed for bankruptcy protection.

• Customs answers question on tantalum scrap Nov 04, 2005

  Imported tantalum scrap is free of any duties-but not if the material is briquetted. U.S. Customs and Border Protection issued the finding in response to a query from a unit of Bayer Corp.

• Wabash hikes A380.1 alloy 1¢/lb. Nov 04, 2005

  Wabash Alloys LLC, Wabash, Ind., on Thursday increased A380.1 aluminum alloy prices by 1 cent to 89 cents a pound.

• Former OmniSource exec forms new scrap firm Nov 04, 2005

  Jeffry Gertler has formed a new company, Scrap Metal Services Inc. (SMS), to provide scrap management and brokerage services for both ferrous and nonferrous scrap suppliers and generators.

• Gerstberger joins Shapiro Metals as buyer Nov 04, 2005

  Jerry Gerstberger has joined St. Louis-based Shapiro Metals Inc. as a scrap buyer working with diecasters and foundries. Shapiro Metals has seven scrap processing facilities in Georgia, Indiana, Missouri, Tennessee and Texas.

• SeverCorr reels in 'little' fish to feed mill's appetite for scrap Nov 04, 2005

  Behind all the hoopla surrounding the start of construction of SeverCorr LLC's steelworks was word that a little-known scrap metals powerhouse will handle all the scrap for the new $880-million flat-rolled mini-mill in Columbus, Miss.

• Metalico hit by dip in ferrous scrap prices Nov 04, 2005

  Third-quarter operating earnings by Metalico Inc.'s scrap metal segment weakened as ferrous scrap selling prices fell 24 percent from year-earlier levels, although nonferrous selling prices rose 12 percent.

• Wise Alloys sets energy surcharge Nov 03, 2005

  Wise Alloys LLC, Muscle Shoals, Ala., said Thursday it will impose an energy surcharge of 2 cents a pound effective Jan. 1.

• MMI upbeat despite decrease in profitability Nov 02, 2005

  Weaker ferrous scrap prices took a toll on Metal Management Inc.'s bottom line in the three months ended Sept. 30.

• M&M Scrap Metals offices set to move after N.J. yard closes Nov 02, 2005

  M&M Scrap Metals, briefly famous last year when it bought New York City's final generation of subway tokens, will close its four-acre Elizabeth, N.J., yard later this month and move its offices to nearby Nutley. Its scrap will be processed at the Newark, N.J., facility of Metal Management Northeast Inc.

• Secondary aluminum smelter facing EPA fine Nov 02, 2005

  Remelt Services Inc., Cleveland, is facing a $119,822 penalty from the U.S. Environmental Protection Agency (EPA), which alleges that a 6,000-pound dry hearth sweat furnace was operated without adequate recordkeeping.

• Ingot indicator pricing notice Nov 02, 2005

  In light of changes to the cost structure of the industry, AMM is considering making changes to the formula on which the aluminum prices in the AMM Secondary Ingot Indicator are based. AMM invites industry participation in determining the updated structure of the indicators. Please send comments to David Brooks at dbrooks@amm.com or by calling (412) 765-2583.

• PSC Metals hires internal auditor Nov 02, 2005

  PSC Metals Inc. has hired Ron Hulett to serve as its director of internal audit.

• No. 1 heavy melting exports reverse course Nov 01, 2005

  Weaker demand from several Asian buyers and less available material contributed to a 3.6-percent reduction in U.S exports of No. 1 heavy melting steel in August, ending three consecutive months of gains in offshore sales.

• Official sees common ground for groups to build e-cycling model Nov 01, 2005

  The prevailing gridlock over how to structure U.S. electronics recycling might be easing, according to Marc Pearl, executive director of the Consumer Electronics Retailers Coalition.

• Schnitzer completes Regional Recycling buy Nov 01, 2005

  Schnitzer Steel Industries Inc. has completed the acquisition of Regional Recycling LLC, an Atlanta-based scrap processor with a chain of 10 yards in Georgia and Alabama.

• Sturgis Iron sets up subsidiary on Lake Erie waterfront in Mich. Oct 31, 2005

  Sturgis Iron & Metal Co., Sturgis, Mich., has established a subsidiary that will operate on 16 acres of Lake Erie waterfront in Monroe, Mich.

• Canada, Britain boost nickel buys in August Oct 31, 2005

  Ferroalloy producers and scrap merchants in Canada and Britain increased their purchases of U.S. nickel scrap in August, boosting overall exports of the alloying metal by 55.7 percent compared with the previous month.

• Mittal Steel gets draft permit to expand landfill Oct 31, 2005

  A landfill used to dispose of steel mill waste could be getting bigger.