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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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Exports of No. 1 heavy melting steel scrap dropped in September to their lowest level in almost a year as both the eastern Mediterranean and Asian buyers cut their purchases.
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The auction value of forthcoming brass ammunition scrap in Yakima, Wash., has rebounded to 91 cents a pound from 56 cents in late October.
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The London Metal Exchange has added a ninth city—Mobile, Ala.—to the list of warehouse locations for the North American special aluminum alloy contract (Nasaac).
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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 from Berlin’s University of Technology.
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The Federal Bureau of Investigation, assessing copper as plunder for criminals, pointed to home foreclosures as targets of theft rings.
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Prime ferrous scrap grades have risen by $90 to $135 per gross ton in the Chicago market this month despite the absence of buys by the two big integrated players in the area.
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Metech International Inc. has endorsed the e-Stewards program of the Basel Action Network (BAN), an advocacy group on hazardous waste that has begun work on a certification program for processors of defunct electronic equipment.
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Secondary aluminum spot market values continue to sag, with the predominant range down to 71 to 72 cents a pound Wednesday from 73 to 74 cents last week.
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OmniSource Corp. has started running a new shredder in Fort Wayne, Ind., but it isn’t ripping apart old vehicles and appliances. Instead, it’s tearing up nonferrous metals gleaned from automotive shredder residue, or fluff.
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OmniSource Corp. has started running a new shredder in Fort Wayne, Ind., but it isn’t ripping apart old vehicles and appliances. Instead, it’s tearing up nonferrous metals gleaned from automotive shredder residue, or fluff.
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Secondary aluminum spot market values continue to sag, with the predominant range down to 71 to 72 cents a pound Wednesday from 73 to 74 cents last week.
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Ferrous scrap prices have rebounded in some eastern and Midwest markets, rising by as much as $100 a long ton from the levels seen at the start of last month.
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California, which boosted its refund incentives for recycling beverage containers nearly two years ago, said the recycling rate for all types of bottles and cans rose to 76 percent in the first half of this year.
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The Hamilton Port Authority (HPA) has launched its short sea shipping initiative with a dedicated container feeder vessel loaded with scrap metals bound for India and Pakistan.
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The Hamilton Port Authority (HPA) has launched its short sea shipping initiative with a dedicated container feeder vessel loaded with scrap metals bound for India and Pakistan.
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Ferrous scrap prices have rebounded in some eastern and Midwest markets, rising by as much as $100 a long ton from the levels seen at the start of last month.
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California, which boosted its refund incentives for recycling beverage containers nearly two years ago, said the recycling rate for all types of bottles and cans rose to 76 percent in the first half of this year.
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About $5.2 million worth of A380.1 aluminum alloy, warranted for settling London Metal Exchange transactions, arrived in U.S. warehouses Tuesday.
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Exide Technologies has agreed to pay a $15,000 fine and to reduce the amount of lead being washed into a creek from the company’s Reading, Pa., lead smelter, Pennsylvania’s Department of Environmental Protection (DEP) said.
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Mixed steel scrap from an Army facility in Texas was valued at $86.40 per long ton in a military auction Tuesday, down 53 percent from the previous contract.
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Rifkin Scrap Iron & Metal Co. will receive $282,800 in tax breaks to ease its move from a riverfront site, slated for residential and commercial use, to another Saginaw, Mich., property being treated for pollution problems.
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U.S. exports of smelter-grade aluminum scrap are showing a slight buoyancy, but other segments of the market are stagnant to sagging.
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Exports of smelter-grade aluminum scrap are showing a slight buoyancy, but other segments of the market are stagnant to sagging.