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Scrap Metal News

Latest scrap metal and recycling industry news.

Saturday, 22 September 2007
 

Scrap Metal Finally Leaving GC


Scrap metal that has been accumulating and taking up space in the George Town landfill is on its way out. ...
caycompass.com

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Deputies Charge 4 With Stealing Scrap Metal


Four people, who sheriff's deputies say were responsible for stealing 5000 pounds of scrap metal worth roughly $14000 from a business and selling it to a ...
ocala.com

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Alliance Man Hurt In Explosion At Scrap Yard


"He was cutting up scrap metal," said Chief James Cannell of the Sebring Fire Department. "A spark evidently got into the fuel tank and lit it off. ...
cantonrep.com

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Scrap-Metal Theft Charged


Authorities arrested three men and one woman, charging them with stealing 5000 pounds of scrap metal from a local business early this week, ...
As Published by orlandosentinel.com

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Hanson, Whitman & East Bridgewater Express - Duxbury,MA,USA


The business takes in scrap metal to be separated, cleaned, and sent away. "We buy from anyone," said Caprio, "from professional peddlers to people cleaning ...
southshorexpress.com

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Metals - Copper Erases Earlier Losses On Falling Stocks, Fading ...


In other metals for delivery in three months, nickel was lower at 33100 per tonne from 33800 usd, tin was down at 15200 usd per tonne against 15400 usd ...
forbes.com

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Nickel, Tin, Lead & Copper Rise On Firm LME Advice


Prices of nickel, tin, copper wire bars, lead, and brass scrap in ferrous and non ferrous metals today ruled bettter on reduced offers from ...
newkerala.com

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Surge Takes Index Almost Back To Record


Nickel for three-month delivery rose almost 10 per cent on the London Metal Exchange to $US33,800 a tonne. And copper futures gained 4 per cent, ...
theage.com.au

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Friday, 21 September 2007
 

More upside for Ann Joo's earnings


The rising cost of steel scrap remained a concern but Ann Joo would partially mitigate this by locked-in costs. "Further potential upside to our target ...
theedgedaily.com

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Clash of Titans: Nucor vs. Steel Dynamics


Steel scrap prices (which both SDI and Nucor use as a basic raw material, melting it down in electric arc furnaces to form "new" steel) were "lower" in Q3, ...
fool.com

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Thursday, 20 September 2007
 

Nucor: Don't Heed Its Warning


Prices for scrap steel, which mini-mills use in production, have been rising, but that should stop soon. The slowdown in US car manufacturing hurts, ...
kiplinger.com

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Northern Bypass Bridge Collapse: FWO Needs To 'steel' Itself For ...


"Mostly the scrap of both types of steel sell in the market at higher prices but as they blasted the site, the salvaged steel will auction at a lower price. ...
dailytimes.com.pk

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Copper, Nickel Rally After US Fed Rate Cut


Copper prices rallied to a seven-week high on Wednesday after the US Federal Reserve slashed benchmark interest ...
investing.reuters.co.uk

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Metals - Copper Extends Gains As Fed Rate Cut Feeds Risk Appetite


Nickel meanwhile rallied to an eight-week intraday high on the back of buoyant sentiment and more positive demand for stainless steel, while aluminium moved ...
forbes.com

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Noront's New Nickel/Copper Discovery Contains Significant Precious ...


True width of the PGM enriched nickel-copper sulphide body is not yet determined. The aforementioned assay and sample information, as well as geological ...
marketwire.com

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Counterfeit Nickels


Four years ago, associate Professor Jake Adam York and a handful of UCDHSC English students produced the first issue of Copper Nickel, a journal of ...
As Published by ucdadvocate.com

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UC Resources Reports on Property in Vicinity of Noront's Copper ...


UC Resources Ltd. (TSX VENTURE:UC) wishes to comment on the significant increase in
trading ...
marketwire.com

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Nickel, Copper, Zinc Advance in London After US Rate Cut


Nickel jumped the most in 19 years and copper climbed to a seven-week high in London after the US Federal Reserve lowered interest rates ...
bloomberg.com

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Castillian Resources Has Near Surface Intersection of 40.9 Meters ...


Castillian has partnered with Xstrata Nickel to explore the approximately 153000 ha Mangabal nickel-copper project in Brazil. The company is earning an ...
marketwire.com

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Nickel In Biggest One-Day Gain In 19 Years


It was the biggest one-day gain for nickel in 19 years. Copper was up 13 cents to $3.58 per pound in New York after having gone as high as $3.605 per pound ...
metalmarkets.org.uk

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Thieves Targeting Car Parts For Precious Metal


He said area scrap metal dealers have offered anywhere from $40 to $200 for all the used catalytic converters his shop can get. "Their price is going up," ...
dailymail.com

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Scrap Metal Recycler Wants Larger Lot


Sioux Falls scrap metal recyclers, TJN Enterprises, is looking to move to a larger location said TJN officer David Bernstein. ...
argusleader.com

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Legislation Pending To Curtail The Theft Of Scrap Metal


The thefts are a reflection of the high price of scrap metal, and something pnding legislation in Wisconsin seeks to curtail. Under a bill introduced in ...
thenorthwestern.com

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Thieves Turn To Storm Drain Covers In NH


Police in Pembroke and Epsom say thieves hunting for scrap metal are causing a safety hazard. Police say someone has stolen more than ...
news.bostonherald.com

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Wednesday, 19 September 2007
 

Copper Steady Before Fed, Aluminum Hits 18-mth Low


Nickel, a key ingredient of stainless steel industry, jumped almost 6 percent to a seven-week high on expectations of stainless steel demand recovering, ...
investing.reuters.co.uk

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The Short View: Commodities


Going "long" copper and "short" nickel in May would have netted 37 per cent, even though copper is down slightly. Volatility can make money - for those who ...
ft.com

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China To Lend Congo $5 Billion In Latest Africa Foray


Congolese officials said the draft accord signed on Monday foresaw Chinese companies gaining copper/cobalt, gold and nickel concessions under repayment ...
reuters.com

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FACTBOX-Base Metals Labour Issues


On September 14, it emerged workers at eight Grupo Mexico units, including major copper mine La Caridad, had voted overwhelmingly the previous week to ...
uk.reuters.com

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Cream Minerals Adds New Cobalt Discovery to Nickel on Wine Nickel ...


We are very pleased with the mineralization that we are seeing at the Wine Property, especially of the high - grade Nickel and Copper. ...
marketwire.com

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Cantex Commences Drilling At Suwar Ni-Cu-Co Deposit


The Company is pleased to report that it has completed its drill program at Wadi Qutabah and commenced drill testing the Suwar nickel-copper-cobalt deposit ...
newswire.ca

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Scrap Finally Shipped Off Cayman


The first substantial shipment of scrap metal from the George Town landfill site is on its way to the USA for recycling. After convoys of trucks hauled the ...
caymannetnews.com

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Council Moves On Scrap Legislation


Massillon City Council passed an ordinance at its Monday night meeting that will require scrap metal dealers to record information about ...
indeonline.com

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Piece Of History Reduced To Scrap Metal


... was demolished last week and is to be sold as scrap. The structure was made of old metal railway tracks, imported from England in the 19th century, ...
stuff.co.nz

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Caddo Sheriff's Crackdown On Metal Thieves Yields Arrest


In recent weeks, Caddo detectives have visited all Caddo Parish scrap metal dealers to advise them that metal thefts are on the rise, especially from ...
shreveporttimes.com

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Former Los Gatos Art Association President Has Undiscovered Talent


A pole supports the top half of the work, which is a large piece of scrap metal, rounded like a mask, with a ridge down the center suggesting a nose and ...
mercurynews.com

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Macquarie: Steel Sector - No Rust Here!


The global market for scrap continues to look favourable and MRE think that scrap prices will stay at higher levels. Traders looking for maximum exposure to ...
As Published by egoli.com.au

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Producer Price Index Drops 1.4% in August


Prices for iron and steel scrap moved up 1.3 percent compared with a 4.7-percent decrease in the previous month. The indexes for hides and skins and for ...
123jump.com

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India's Nickel Consumption To Rise 10 % - Industry


Russian supplies of nickel scrap and a worldwide trend to move towards low nickel content stainless steel is likely to keep prices down, he said. ...
in.reuters.com

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Tuesday, 18 September 2007
 

Canstar Plans Next Phase of Exploration for McFaulds Lake Properties


The Directors of Canstar Resources Inc. (TSX VENTURE:ROX) are pleased to announce that, in light of the discovery of high grade nickel-copper ...
marketwire.com

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Counterfeiting Challenges Police in India


In recent numismatic history India's 1-rupee coin has gone from being a nickel to a copper-nickel to a stainless steel composition coin. ...
numismaster.com

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Copper Wire Bars, Lead & Brass Rises On Firm LME Advice


Similarly, tin slab also was up by Rs five per kg in line with copper prices. Nickel cathode, however, declined by Rs 10 per kg due to weaker advice from ...
newkerala.com

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Crowflight Reports New Inferred Nickel Resources for Deposits Near ...


The Company is focused on nickel, copper and Platinum Group Mineral ("PGM") projects in the Thompson Nickel Belt ("TNB") and Sudbury Basin. ...
earthtimes.org

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Metals - Copper Dips Ahead Of Fed Rate Setting Meeting UPDATE


Among other metals, nickel rose to 28750 usd a tonne against 28650 usd, tin was down at 14925 usd against 14950 usd, while lead dipped to 3200 usd from 3210 ...
forbes.com

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Security Guard Tied Up; Scrap Metal Yard Robbed


... sitting in a car outside the Bixon & Sons scrap metal yard at 808 Washington Ave. early Monday morning when two robbers snuck up out of the darkness. ...
newhavenindependent.org

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With Scrap Prices Soaring, Thieves Want PG&E's Copper


One of the keys to reducing thefts is eliminating places thieves can unload the illegal metal: scrap metal dealers. PG&E and law enforcement officials have ...
orovillemr.com

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New Law Enforcement Tool From LeadsOnline Fights Metal Theft Epidemic


By nature, scrap metal is difficult to track and identify once stolen. Copper is copper, aluminum is aluminum, serial numbers or identifying features are ...
home.businesswire.com

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Sims Profit Surge Will Run Out Of Puff


Despite the recent wobbles in the US economy, strong economic growth across Asia has underlined the rise in scrap prices. It has helped the company's share ...
brisbanetimes.com.au

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Second-Quarter Report & Outlook


"Results were impacted by unplanned outages of the electric arc furnace in April, higher than anticipated scrap costs, as well as weaker than expected ...
metalcenternews.com

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Sims Shares Fall After Cutting Profit Forecast by 12 Percent


... and steel companies that have Australian operations. Sims today said second-quarter profit will improve because of strong metal prices. ``Scrap prices ...
bloomberg.com

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Monday, 17 September 2007
 

Copper Traders Pin Hopes On US Interest Rate Cut


Copper ended the week slightly up at $US7550 a tonne, with inventories down in Shanghai and at the London Metal Exchange. Nickel fought back with a second ...
theaustralian.news.com.au

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Canada Dollar Dominance Shows Break With US Economy, Markets


While the worst housing slump in 16 years threatens to slow US growth, record oil prices and rising costs for copper and zinc are boosting Canada's exports ...
bloomberg.com

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Australia's Sims Group Says Q1 Earnings May Be Less Than 60 Mln Aud


Australian scrap metal recycler Sims Group Ltd said Monday its net profit for the three months to September is likely to be lower than 60 million Australian ...
tradingmarkets.com

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Scrap-Metal Blaze Doused By Firefighters


About 15 firefighters battled a scrap metal yard fire at the port Saturday. The fire at Pacific Coast Recycling began at about 1 pm, said Capt. ...
presstelegram.com

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Sims Weighs Metal `Opportunities' in America, Europe (Update1)


Sims Group Ltd., the world's biggest recycler of scrap metal, is in talks about ``opportunities'' in North America and Europe. ...
bloomberg.com

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Sunday, 16 September 2007
 

Will Today's Boomtown Eventually Go Bust?


Scrap metal has become valuable enough to entice private companies to tear down buildings and send the metal overseas. "In the past year and a half,...
As Published by ajc.com/business

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Norilsk Disputes Environmental Watchdog` Findings


40 Copper Plant at Norilsk Nickel is above the legal limits and contains such elements as iron, nickel, petroleum products, lead, copper, chloride, ...
neurope.eu

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Metals May Shine On Global Cues


Other metals, including nickel, zinc, lead, tin and aluminium, are expected to follow copper as a 25 per cent rise in cancelled warrants (supply orders to ...
business-standard.com

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Strange Plot To Pilfer Poles In Parking Lot Not So Bright


Saw off steel light poles from the parking lot of an abandoned movie theater complex in Travis, then sell them as scrap metal....
silive.com

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3 Firms Report Metal Is Missing


*Ensure that anyone attempting to sell scrap aluminum siding, lead pipe, copper pipe, or structural steel have a demolition permit from the city....
toledoblade.com

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Steel Analysts See Price Slide Near Bottom


"The combination of ongoing inventory destocking, supply discipline from domestic producers, weaker import momentum, the uptick in August scrap prices and ...
purchasing.com

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Pride of the Clyde


He eventually left the yard, worked for a while at the Singer sewing machine factory, then when Singer closed down moved on to scrap burning....
As Published by news.scotsman.com

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Saturday, 15 September 2007
 

Wallbridge Finding Sudbury Mineralization Beyond The Basin


The style of mineralization is low on copper and nickel sulphides, but can be very high in platinum-group metals. "It makes it hard to look for 'em," says ...
northernminer.com

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DJ BASE METALS: Nickel, Lead Up With Further Short-Covering Seen


Nickel, lead and copper benefited from a short-coveringrally on the London Metal Exchange Friday, with further gains expected nextweek as traders said the ...
fxstreet.com

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Gold Prices Fall In Europe


Copper slides on weaker equities: London Metal Exchange copper prices slipped on Friday while nervous investors kept a close eye on equity markets, ...
dailytimes.com.pk

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Goldbrook Reports Massive Nickel Sulfides on Surface


The $15 million exploration program is discovering new nickel sulfide zones and developing nickel-copper PGE sulfide resources for future mining along the ...
usetdas.com

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Appliance, Scrap Metal Collection Planned


An appliance and scrap metal collection is planned 9 am-noon Sept. 29 at the Ag Center. The date may be different from the one you've heard ...
advertiser-tribune.com

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Thefts Of Copper Rise Along With Price


Managers with the scrap metal and recycling business reported that about 135 pounds of copper and aluminum were taken sometime between Friday and Monday ...
billingsgazette.net

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Man Gets 6 Months For Stealing Manhole Cover


"You see since dem bring in this scrap metal ting," RM Pusey remarked yesterday. The demand for scrap metal has risen sharply since earlier this year and ...
jamaicaobserver.com

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Copper Bartered For Fuel Across Guyana/Venezuela Border


Cave, who met President Bharrat Jagdeo last week in an effort to end the protracted impasse over the export of scrap metal from Guyana, told Stabroek ...
stabroeknews.com

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Scrap Metal Dealers in Hawaii Nabbed In Copper Sting


Police arrested Etsuko Okuda of Okuda Metal Inc. and Kyung Hee Chon of Aiea recycling for violating a new state law requiring scrap dealers to obtain a ...
recyclingtoday.com

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Pair Found In Dumpster Accused Of Stealing Scrap Metal


A Naugatuck father and son were arrested Wednesday after state police said they found the two hiding in a Dumpster in an attempt to steal scrap metal from a ...
rep-am.com

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Friday, 14 September 2007
 

GlobeStar Mining Provides Update on Dominican Republic Nickel ...


GlobeStar Mining Corp. is a well-funded mining and exploration company, developing the permitted Cerro de Maimon copper/gold project in the Dominican ...
marketwire.com

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Mining Stocks Still A Solid Bet


And with economic growth in China at 10%-plus, the nation's seemingly insatiable demand for copper, nickel and other metals seems set to continue. ...
articles.moneycentral.msn.com

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Copper Falls in London After Chinese Industrial Growth Slows


``Chinese demand for industrial metals including aluminum, copper, zinc and nickel is broadly double that of the US,'' Andrew Keen and Nik Stanojevic, ...
bloomberg.com

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Nickel, Lead Prices Up


Nickel and lead prices firmed up further in the wholesale non-ferrous metal market on Thursday on sustained buying by stockists and consuming ...
thehindubusinessline.com

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Lanfranchi Deposit Stays Strong At Depth


Hole 148 intercepted 11.3% nickel and 0.3% copper over 33 metres, starting at 96 metres depth. Diamond hole 127 returned 5.37% nickel and 0.34% copper over ...
northernminer.com

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Now Costly To Dump Vehicles


District council asset manager Bernie Haar said common sense came through and cars could now be legally dumped at the parks, as scrap metal, ...