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U.S. exports of nonferrous scrap rebounded in August to the highest level in three months, although not quite a record.
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Jupiter Aluminum Corp. imposed a surcharge on its flat-rolled coil products, effective Monday, to reflect higher shipping costs.
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A combination of unbridled Chinese demand and dwindling stocks has driven up U.S. prices for lower-grade copper scrap.
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The quantity of die-cast aluminum alloy warranted to the London Metal Exchange for possible delivery in North America logged a one-day jump of 1.6 percent.
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OmniSource Corp. has become the exclusive sales agent for Remarket Inc., a Memphis, Tenn., scrapyard.
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China's share of U.S. scrap metal exports reached nearly 56 percent by value in August, including a majority share of ferrous scrap-possibly a first.
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The merger between Sims Group Ltd., Sydney, Australia, and New York-based Hugo Neu Corp. is scheduled for a final court hearing Thursday in Sydney, with the tie-up on track to be completed by Oct. 30.
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Trading volumes for the world's first scrap futures contract have fallen sharply after a strong opening, with many traders staying away from the market.
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Recoverable metals account for 74.48 percent of Britain's cars and trucks by weight, based on the demolition of 400 test vehicles, according to two British consultants helping their government prepare for European Union vehicle recycling standards.
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Two of the nation's largest scrap processors continue to add to their contributions to support Hurricane Katrina relief efforts.
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Recent sales of ferrous scrap to steelmakers in Turkey indicate European export prices have hit bottom and might be poised to rise again, sources said last week. Several European exporters said they are holding out for a $10-a-tonne increase.
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Federal Prison Industries Inc. (FPI) has expanded its electronics recycling role outside the U.S. government with a one-year experimental project serving households in Arkansas.
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Like their counterparts in the U.S. scrap market, secondary metals dealers in western Europe have spent the past couple of weeks watching ferrous scrap prices get hammered. And also like their cross-Atlantic cousins, at least some see light at the end of the tunnel.
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Higher prices and weaker demand from offshore ferroalloy makers drove down U.S. exports of titanium scrap in July after two months of better-than-average sales.
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Maine officials have made some changes intended to reassure computer and television manufacturers as regulations governing electronics recycling move toward final approval.
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The world's first exchange-traded ferrous scrap futures contract, launched on the Central Japan Commodity Exchange (C-Com) Monday, attracted almost 15,000 lots in its first day of trading.
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Wabash Alloys LLC, Wabash, Ind., boosted its book price for A380.1 aluminum alloy by 1 cent Monday to 87 cents per pound.
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The California agency that supervises electronics recycling has proposed some leeway for collectors and recyclers in enforcing a ban on out-of-state material.
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Atlanta-based Novelis Inc. has completed a $2.5-million capital investment at its Warrington recycling plant in northwest England.
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Grimmel Industries and the New Hampshire agency that manages the Portsmouth, N.H., docks are working to ease local residents' complaints about the scrap processor's export yard, but not all its critics are satisfied with the effort.
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The Central Japan Commodity Exchange (C-Com) has succeeded in attracting more backers for its scrap futures contract, but traders remain uncertain over the contract's immediate prospects.
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Aluminum scrap prices were down an average of 7 percent compared with three months ago in the latest auction by Boeing Co.'s plants in Kansas.
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Lower operating results at Schnitzer Steel Industries Inc.'s auto parts and steel manufacturing operations, as well as higher capital spending, helped drag fiscal fourth-quarter net income down 9.2 percent despite a rise in scrap earnings.
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Divorce is not always a bad thing, regardless of whether it is a marriage or a ferrous-scrap export venture.