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    US bulk scrap export market shows pulse

    Mar 31, 2015

    The U.S. bulk ferrous scrap export market is showing signs of life with three East Coast cargoes recently sold to Turkey. More »

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    CMC sizes up 'underserved' steel mart

    Mar 31, 2015

    Commercial Metals Co. (CMC) may be missing out on potential business and a budding construction market in the Northeast and the East Coast, the company’s top executive said. More »

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    USS temporarily idling Minntac operations

    Mar 31, 2015

    U.S. Steel Corp. plans to temporarily idle part of its Minntac iron ore operations in Mount Iron, Minn., effective June 1. More »

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    Copper seen rising, but timing, degree unclear

    Apr 01, 2015

    Copper prices are expected to increase within several years, but might have trouble breaching the $3 mark in 2015, attendees said at a March 30 conference in New York, although they weren’t in agreement on how much or when prices would rise. More »

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    Recycler targeted in phony coin probe

    Mar 31, 2015

    Federal prosecutors have filed a complaint for forfeiture against a group of companies, including a Texas metals recycler, for allegedly using counterfeit coins to defraud the U.S. Mint of nearly $5.5 million. More »

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    Tenaris sets more N. American layoffs

    Mar 31, 2015

    Tenaris SA has set layoffs at its North American headquarters as it expands jobs cuts at its Houston coupling facility due to the downturn in oil and gas prices. More »

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    Lázaro Cardenas to resume slab production

    Mar 31, 2015

    ArcelorMittal SA will resume slab production at its Lázaro Cardenas steel works in Mexico after a short outage. More »

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    Empire Resources net jumps on US sales

    Mar 31, 2015

    Empire Resources Inc. remained in the black in 2014 due in part to higher sales in the U.S. market. More »

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    Copper price governs Thompson Creek upgrade

    Mar 31, 2015

    Thompson Creek Metals Co. Inc. will wait until copper prices stabilize around $3 per pound or higher before moving forward with construction of a second permanent crushing unit at its Mount Milligan mine in British Columbia, according to the company’s top executive. More »

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    Smelter scrap tags steady despite slow flows

    Mar 31, 2015

    Smelter scrap prices were stable this week despite reports of lower scrap flows into dealers’ yards, as consumers continued to cite healthy inventories amid a market flush with supply. More »

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    Trevali begins mining at Caribou project

    Mar 31, 2015

    Trevali Mining Corp. has begun mining at its Caribou zinc-lead-copper-precious metals project in the Bathurst Mining Camp in northeastern New Brunswick. More »

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    Scrap sag drives Arca to loss, cost cuts

    Mar 31, 2015

    Appliance Recycling Centers of America Inc. (Arca) swung to a loss in the fourth quarter, prompting a cost-cutting effort driven in part by declining scrap selling prices. More »

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    Stainless scrap slides as nickel dives

    Mar 31, 2015

    Stainless steel scrap prices suffered yet another drop this week, with 300-series austenitic grades reacting to a steep decline in London Metal Exchange nickel prices that has compounded already lackluster market conditions. More »

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  • Scrap downturn is a major change

    As the annual convention of the Institute of Scrap Recycling Industries approaches, to say that everything is not ideal in the ferrous scrap world would be a bit of an understatement. The first quarter of 2015 has presented scrap companies with their greatest challenges since the Great Recession helped to lower prices near the end of 2008. It hasn’t been a bed of roses on the nonferrous side, either.

  • Something old, something new

    Although the price differential between used and new equipment is as much as 50 percent or more, some scrap companies still prefer to buy new, even with current market conditions, while others are happy to grab the savings.

  • The well-dressed scrapyard

    What equipment should a yard operator be looking at to remain competitive and efficient? The emphasis often is on operational efficiency and value-added sorting, and one comprehensive, flexible approach could be to outline what the yard would look like if it were started from scratch.

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