Scrap

  • Chemetco exec makes EPA’s ‘most wanted’ list Dec 11, 2008

    Denis L. Feron, former chief executive officer of Chemetco Inc., has earned a place on the U.S. Environmental Protection Agency’s list of fugitives accused of violating environmental laws and evading arrest.

  • US scrap export value slips 37% since July peak Dec 11, 2008

    U.S. scrap exports were down significantly in October, but not spectacularly in terms of value.

  • Chemetco exec on ‘most wanted’ list Dec 11, 2008

    Denis L. Feron, former chief executive officer of Chemetco Inc., has earned a place on the U.S. Environmental Protection Agency’s list of fugitives accused of violating environmental laws and evading arrest.

  • Metalico seeks SEC nod on securities Dec 11, 2008

    Metalico Inc. has asked a federal agency to authorize several sorts of securities for potential use in buying other companies, including a potential $150 million in bonds.

  • Wheeling-Nisshin forced to lay off workers Dec 10, 2008

    Wheeling-Nisshin Inc., Follansbee, W.Va., is the latest to join the list of steel companies being forced to temporarily lay off workers due to a lack of orders.

  • Houston scrap rises up to $100/T, but few buys Dec 10, 2008

    Ferrous scrap prices are up between $25 and $100 per gross ton in Texas this month despite minimal or no purchases by some of the mills that are typically major buyers.

  • Mid-State gets shredder system Dec 10, 2008

    U.S. Shredder & Castings Group has delivered a shredder downstream separation system and heavy-duty shredder in-feed conveyor to Mid-State Recycling Co. in Glasgow, Ky.

  • Ross Machinery partners with Calif.-based auctioneer Dec 10, 2008

    Alan Ross Machinery Corp. has formed a strategic partnership with auctioneer Great American Group to provide liquidation, auction and appraisal services for the recycling and scrap processing industries.

  • Two groups forming alliance on curbside recycling efforts Dec 10, 2008

    Keep America Beautiful Inc. (KAB), Stamford, Conn., and the Curbside Value Partnership (CVP), Arlington, Va., have formed a strategic alliance designed to increase participation in curbside recycling programs.

  • Japan tags jump 60% after Nov. slide Dec 10, 2008

    Japanese ferrous scrap prices have risen about 60 percent after hitting bottom last month, but there are signs the rally is running out of steam fast as finished steel product prices continue to fall.

  • Ross Machinery partners with Calif.-based auctioneer Dec 10, 2008

    Alan Ross Machinery Corp. has formed a strategic partnership with auctioneer Great American Group to provide liquidation, auction and appraisal services for the recycling and scrap processing industries.

  • Two groups forming alliance on curbside recycling efforts Dec 10, 2008

    Keep America Beautiful Inc. (KAB), Stamford, Conn., and the Curbside Value Partnership (CVP), Arlington, Va., have formed a strategic alliance designed to increase participation in curbside recycling programs.

  • Secondary aluminum prices lose ground; few buys seen Dec 09, 2008

    Although the deep recession has left aluminum scrap consumers with little appetite for material, low prices have balanced the market and then some.

  • Secondary aluminum prices lose ground; few buys seen Dec 09, 2008

    Although the deep recession has left aluminum scrap consumers with little appetite for material, low prices have balanced the market and then some.

  • Brass ammunition tag rebounds to 91¢/lb. Dec 09, 2008

    The auction value of forthcoming military brass ammunition scrap in Yakima, Wash., has rebounded to 91 cents a pound from 56 cents in late October.

  • Recylex suspends zinc oxide production at German site Dec 09, 2008

    French metals recycler Recylex SA has suspended Waelz zinc oxide production from its Harz-Metall GmbH subsidiary in Goslar, Germany.

  • Schnitzer faces stormwater run-off suit Dec 09, 2008

    A Pacific Northwest environmental group has its sights set on Schnitzer Steel Industries Inc., saying it plans to file a lawsuit against the company over stormwater run-off from the scrap metal exporter’s yard in Portland, Ore.

  • Ferrous scrap stretches gains, rising more than $130/ton Dec 09, 2008

    Ferrous scrap prices are extending their gains, rising by more than $130 a long ton in some of the major steelmaking markets since the start of the month, but few see the steep rise as any sign of a near-term rebound in either prices or demand for scrap.

  • China kidnap row extends to 2d firm Dec 08, 2008

    A second Chinese scrap company, Ningbo Zhenhai Guanghe Metal Recycling Co. Ltd., has become involved in the dispute over the alleged kidnapping of a U.K. metals trader in China after the company admitted it prevented the trader from leaving the country.

  • Schnitzer facing lawsuit over storm-water run-off Dec 08, 2008

    A Pacific Northwest environmental group has its sights set on Schnitzer Steel Industries Inc., saying it plans to file a lawsuit against the company over storm-water run-off from the scrap metal exporter’s yard in Portland, Ore.

  • High-value metals loss seen with conventional sorting Dec 08, 2008

    Electronic scrap processors might be losing a sizable portion of the precious metals in their feedstock by not paying more attention to sorting technologies, according to researchers at Berlin’s University of Technology.

  • Home foreclosures could boost theft of copper FBI Dec 05, 2008

    Assessing copper as plunder for criminals, the Federal Bureau of Investigation has pointed to home foreclosures as targets of theft rings.

  • Heavy melt exports near 1-year low Dec 05, 2008

    Exports of No. 1 heavy melting steel scrap dropped in September to their lowest level in almost a year as both eastern Mediterranean and Asian buyers cut their purchases.

  • Mill purchases of ferrous scrap in St. Louis at lull Dec 05, 2008

    U.S. Steel Corp.’s Granite City (Ill.) Works and Alton Steel Inc., Alton, Ill., are buying little or no scrap in December, according to St. Louis scrap dealers, who say the Granite City Works is shut down and could remain that way until January, February or even March.

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