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Scrap Metal News

Latest scrap metal and recycling industry news.

Wednesday, 31 October 2007
 

Nippon Steel Profit Rises, Boosted by Stainless Unit (Update2)


The company spent more on freight, nickel, manganese and steel scrap in the first half, Kiichiro Masuda, executive vice president of the company, ...
bloomberg.com

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Saria prices turn easy


Saria prices on Tuesday turned easy in the wholesale iron and steel market on withdrawal of stockists buying due to slow down in construction ...
thehindubusinessline.com

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Halvorson named Nucor's 'Woman of Steel'


Nucor is also the nation's largest recycler, handling more than 22 million tons of scrap metal. The Bourbonnais site recycles about 900000 tons of steel per ...
daily-journal.com

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United States Steel Q3 2007 Earnings Call Transcript


Very high ocean freight rates, the relatively weak US dollar, high scrap prices, and the prospects for a significant increase in the seaborne iron-ore price ...
seekingalpha.com

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Polish ship anchors in Pakistan for break-up


Pakistan's ship breakers import around 60 to 70 ships of different sizes from various countries annually and produce around 300000 tonnes of steel scrap, ...
dailytimes.com.pk

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Schnitzer Steel upgraded to "neutral"


Rising costs exerted pressure on Schnitzer Steel's margins for both scrap and steel, the analysts say. The company faces both organic and ...
newratings.com

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Commercial Metals Company Reports Second Best Quarter Ever ...


As well, 2008 contract iron ore prices are likely to increase significantly which will result in higher steel prices. Ferrous scrap prices, while remaining ...
As Published by money.cnn.com

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Kenya: Ban Scrap Metal Export


The international price for copper has hit an all-time high. The price per tonne of copper wire this week peaked at $8000 a tonne, a radical reversal of the ...
allafrica.com

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OC scrap dealer faces $500000 in fines


Piles of scrap metal fill sections of Gil Dahlstrom Iron and Metal lot along Duncomb Street in Oil City. ...
As Published by thederrick.com

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Sharp increase in metal thefts


LARGE quantities of lead are being ripped from buildings in West Berkshire to feed the country's lucrative scrap metal ...
newburytoday.co.uk

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Handle seasonal cleaning in a snap


You will be charged the regular garbage rate (a minimum fee of $10.88), but you can deposit scrap metal in a special bin for recycling when using the ...
As Published by theolympian.com

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Metals - Copper extends losses as firmer dollar, rising stocks ...


Aluminium shed 25 usd to trade at 2502 usd a tonne, nickel was down 350 usd a tonne at 31300 usd and lead was off 114 usd at 3535 usd. ...
As Published by money.cnn.com

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Teck profit gouged by surging dollar


Teck, which bought Aur Resources this year to boost its copper production, earned $490 million, or $1.15 a share, in the quarter, down from $504-million, ...
theglobeandmail.com

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Oxiana to outlay $1bn on copper and gold


HAVING missed out in the bidding duel for nickel producer Jubilee Mines to Xstrata's $3.1 billion king hit, Melbourne's Oxiana has got around to the more ...
theage.com.au

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Ospraie's Anderson Dives Into Commodities, Survives Swoon


The single biggest driver of commodity prices has been China, whose fast expansion has made it the world's biggest consumer of copper, nickel and lead. ...
bloomberg.com

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Goldbrook Intersects 7.0 Metres of 2.53% Nickel, 5.32% Copper and ...


Nickel-copper PGE mineralization in the Raglan camp occurs in discreet zones over extensive areas, as demonstrated at Xstrata's Raglan operations and by the ...
usetdas.com

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Shanghai copper up 1 pct, LME firm on dollar, oil, gold


A successful takeover would give Xstrata, the world's fourth-biggest nickel producer, extra production and substantial near-term growth from Jubilee's ...
africa.reuters.com

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China Yunnan Copper lists on ASX


Copper and gold explorer China Yunnan Copper Australia Ltd (CYCAL) has debuted on the Australian stock exchange at a significant premium. ...
theage.com.au

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Copper prices lower on wage agreement


Xstrata (LSE: XTA) bid for Australian nickel miner Jubilee Mines (SYD: JBM), but the bid was said to have had little effect on prices, as Jubilee provides ...
metalmarkets.org.uk

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Metals - Copper off day highs but still underpinned by strength in ...


In other metals, aluminium dipped to 2531 usd a tonne against 2538 usd, nickel fell to 31600 usd against 31800 usd, lead was flat at 3665 usd against 3655 ...
forbes.com

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Tuesday, 30 October 2007
 

Metal prices move up moderately


In the local market, copper utensils scrap, copper wire bar and copper sheets cutting moved up by Rs 4 per kilo each to Rs 328, Rs 392 and Rs 352 ...
economictimes.indiatimes.com

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Police target scrap yards


The clamp-down included checks on all the relevant laws relating to scrap metal dealers. The combined operation followed a dramatic rise in the amount of ...
cambridge-news.co.uk

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Heavy Metal Bad Boys


Most of the products can be recycled as scrap metal and in some parts of the country the problem has caused blackouts. Mike Jones, with the Omaha Public ...
wowt.com

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Schnitzer Net Falls 24 Percent on Costs; Shares Drop (Update1)


Sales volumes at the steel manufacturing business also will decline from the fourth quarter, and margins will narrow because of scrap and other ...
bloomberg.com

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Scrap metal thieves hit pools


It is understood the price of metal has gone up, and organised gangs across the country are targeting properties to sell it on to the scrap metal trade.
oxfordmail.net

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Hot rolled steel may hit $800 a tonne next year


... steel scrap prices, increased freight rates and higher costs in US dollar terms forthose countries whose currency is firm versus the dollar....
business-standard.com

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Trucks being stolen for scrap value


First is the high prices now paid for scrap metal on the international markets, which is in turn driven partly by China's insatiable demand for metal. ...
roadtransport.com

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Monday, 29 October 2007
 

Recommended A$23.00 Per Share Cash Offer by Xstrata for Jubilee


... Xstrata maintains a meaningful position in seven major international commodity markets: copper, coking coal, thermal coal, ferrochrome, nickel, ...
earthtimes.org

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Piston Power!


Used in smaller proportions are other alloying elements, eg copper, nickel, magnesium and manganese. These improve hardenability, improve fluidity for ...
autospeed.drive.com.au

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Scrap menagerie one of a kind


It is one of London's leading scrap metal yards. "You see the potential of it," Matt Zubick says now, as he gestures toward the mounds of arty looking scrap ...
As Published by lfpress.ca

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1st plan scrapped


Prices for scrap metal have been rising steadily, creating more temptation for thieves who might have passed by siding, pipes and copper wire before now. ...
mlive.com

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Government of Jamaica, Jamaica Information Service - Jamaica


The Government of Jamaica will be implementing control mechanisms for the export of scrap metal, including a licensing regime to bring accountability to the ...
jis.gov.jm

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Gold vulnerable to short-term correction


High prices would also encourage scrap sales. Changing perceptions of global economic health and geopolitics continue take their toll on the base metals ...
thehindubusinessline.com

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Steel primed for surge


China's rapid use of steel has driven up prices, the weak dollar has made US steel cheaper than foreign-produced steel, and while the costs of energy, scrap ...
clarionledger.com

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Sunday, 28 October 2007
 

Copper Falls in London on US Housing Concern; Nickel Declines


Nickel and lead also declined. Sales of previously owned US homes probably fell to a six- year low in September, according to the median forecast of 76 ...
bloomberg.com

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Gov't flaunts five "high interest" mining sites in Mindanao


Arreza said the Samar-Eastern Mindanao area has been noted for its gold, copper, iron, chromium, nickel, cobalt, platinum and manganese; North Central ...
mindanews.com

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NWC safeguards equipment from scrap metal thieves


The incidents over the past six months are suspected to be linked to the growing theft of infrastructure for illegal sale as scrap metal. ...
radiojamaica.com

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Copper Theft Still Rages On


We came to Clark's Auto Parts to do a story on just how common scrap metal thefts have become. But even we weren't expecting what we ran into. ...
wwmt.com

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Gangsters target scrap metal dealers


Scrap metal yards are experiencing an epidemic in thefts as metal prices soar. 'It's a major, major problem,' said Michael Wright, chairman of ELG Haniel ...
guardian.co.uk

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METAL THIEVES TAKE SAFETY FENCE


Scrap metal thieves have been accused of putting lives in danger after they stole a 150ft length of safety fencing from beside a river. ...
thisisleicestershire.co.uk

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Steel Dynamics CEO Trims Stake


Steel Dynamics is also on track to complete its $1 billion purchase of OmniSource, a closely held scrap metal-recycling company also based in Indiana. ...
online.barrons.com

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Saturday, 27 October 2007
 

Earnings reassure and stocks climb in Europe


Tin, zinc, nickel and lead also advanced. The Stoxx 600's gauge of basic-resources shares rallied 2.2 percent as copper prices rose in London....
iht.com

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Metals - Copper rises in London on strong Chinese demand UPDATE


In other metals, nickel rose 401 usd to 31901 usd while lead was up 60 usd to 3660 usd. Zinc added 21 usd to 2886 usd, while tin was up 100 usd at 16400 usd ...
money.cnn.com

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Copper firm on strong China data


Copper for delivery in three months, often considered a benchmark of the metals market and the real economy in general, was untraded in the official open ...
africa.reuters.com

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Burnet County Sheriff's investigators arrest 6 in connection with ...


The Burnet County Sheriff's Office has been investigating a series of thefts involving scrap metal taken from a local business. The thefts occurred over a ...
statesman.com

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Seven arrested in stolen scrap metal sting


Scrap yards can be a metal thief's pawn shop. Just as burglars sometimes sell stolen goods to pawn shops, ...
heraldtribune.com

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Ex-city worker accused in cash-for-scrap metal thefts


Brian Panzer, 43, of the 6700 block of Lynvale Drive, was arrested in May after police said he was seen selling scrap metal belonging to a city water ...
journalgazette.net

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Genesee Couny commissioner calls for communities to join forces ...


Fighting scrap metal thieves What's next in the war on scrap metal thieves? Flint already has an ordinance that requires permits before removing siding and ...
blog.mlive.com

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Metal theft rise prompts united front


... HM Revenue and Customs, local councils, the Environment Agency, DVLA and the Immigration Service visited 14 scrap metal dealers across the area in a bid ...
eadt.co.uk

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Lead thieves to face new threat


THE Chief Constable of Cam-bridgegeshire has appointed a team of scrap metal tsars to tackle a spate of thefts. Burglars and opportunist thieves are now ...
cambridge-news.co.uk

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Gov't to clamp down on scrap metal exports


DESPITE its commitment to increased exports, the government says it will have to clamp down on one of the fastest-growing areas of export - scrap metal. ...
jamaicaobserver.com

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Falling scrap metal injures worker


The man, whose name has not been released, was trapped for more than hour after scrap metal fell onto his leg at Trademark Metals Recycling. ...
sptimes.com

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Appreciative crowd gets up close with Scrap Metal in Natchitoches ...


The crowd was small, but the energy was high and the cause was excellent Thursday night as new supergroup Scrap Metal ...
Elgin Lotto & Tobacconist

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Friday, 26 October 2007
 

China continues to grow, so does its demand for metal


It is already ill-placed to block higher prices sought by the world's three top miners, thanks to steel output that is likely to hit 500 million tonnes this ...
economictimes.indiatimes.com

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Sector Glance: Industrial Metals Rise


Overseas on the London Metal Exchange, copper, nickel, aluminum, lead, zinc and tin rose. Here's a look at how shares of some industrial metals producers ...
As Published by chron.com

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Copper continues higher as market digests mixed US new home sales data


Copper continued higher midafternoon as the market chose to interpret as positive a mixed report on US new home sales, ...
forbes.com

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Kiwara finds new nickel-copper continuation at Kalumbila project


A significant part of the additional strike length is already supported by nickel and copper soil anomalies. tf.TFN-Europe_newsdesk@thomson.com ms1/faj/jrr.
hemscott.com

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North American Palladium Files Initial NI 43-101 Compliant Mineral ...


The nickel-copper-PGM mineralization found at the Shebandowan West project is believed to represent the western extension of the Shebandowan mine ore body. ...
As Published by money.cnn.com

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The Alchemist's Nightmare


Every pound of lead, zinc, copper, nickel, palladium, tungsten and molybdenum, for example, produced and used in the US means less outflow of capital for ...
resourceinvestor.com

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UPDATE 1-SGL Group 9-month operating profit rises 50 percent


It has also benefited from strong demand, allowing it to raise prices. Graphite electrodes are used to conduct electricity for melting scrap steel in ...
reuters.com

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UPDATE 1-Japan's JFE books 16.5 pct rise in H1, keeps forecast


JFE is also less exposed to higher freight rates and skyrocketing steel scrap costs than bigger rival Nippon Steel. Nippon Steel, which will report its ...
reuters.com

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Carbon Flat-Roll Carbon Flat-Roll's Looking Up


Even if the entire price hike doesn't stick, Bradford says, "it sends a message to buyers that with scrap prices up, companies cannot continue to hold off ...
metalcenternews.com

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A Match Made in Mississippi


For steel destined for exposed automotive applications, the recipe will be light on scrap and heavy on virgin metal, they note. The mill's Compact Strip ...
metalcenternews.com

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Stainless steel market set to recover in 2008


Its key ingredients are stainless steel scrap and nickel, used to make stainless steel hard and more durable. A drop in nickel prices (MNI3: Quote, Profile, ...
reuters.com

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Thursday, 25 October 2007
 

Sector Glance: Industrial Metals


Copper for December delivery sank $6.10 to $3.4525 per pound on the New York Mercantile Exchange. Overseas, copper, nickel, lead, zinc and tin fell on the ...
forbes.com

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Nickel, tin dip; copper, aluminium rise


Non-ferrous metals - Copper wire bars: Rs 38600, Aluminium ingots: Rs 12400, Zinc slab: Rs 16500, Lead ingots: Rs 14000, Tin slab: Rs 790 per kg and Nickel ...
newkerala.com

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Metals - Copper eases as fall in equities dents risk appetite UPDATE


Nickel prices meanwhile fell 500 usd to 31250 usd a tonne, pressured by a rise in LME stockpiles this morning. Inventories were up 102 tonnes to 37308 ...
forbes.com

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BHP's output misses some analysts' forecasts


Output of the steel making ingredient was less than UBS forecast as was production of copper and nickel. Record purchases by China of commodities have ...
iht.com

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Moderate fall in nickel, copper prices


PTI Prices of nickel, tin and copper declined moderately on the non-ferrous metal market on Wednesday due to lack of industrial demand. ...
As Published by ndtvprofit.com

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US crude oil futures close higher


Zinc slipped to $2835, down $76, while steelmaking raw material nickel shed $950 to $30800. The metal lacks impetus to climb higher as demand from stainless ...
theage.com.au

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Export of scrap metal to be regularised


He said between 2005 and 2006 alone the value of scrap metal exports jumped from US$13.3 million to US$99.5 million. He said this represented an increase of ...
radiojamaica.com

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Council changes scrap metal ordinance


Council members Wednesday picked a company to handle a computer program that will allow scrap metal business owners to send information about who's selling ...
khou.com

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Scrap miners risk lives at BCL dumps


Some Zimbabweans and Batswana endanger their lives searching for scrap metal at the BCL mine dumping site. Two weeks ago, one person died as ...
gov.bw

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State probing scrap metal theft at old landfill


WESTBROOK - The state is reportedly investigating allegations that one or more town employees stole scrap metal from the former landfill and sold it for ...
As Published by nhregister.com

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Government of Jamaica to secure scrap metal


THE GOVERNMENT plans to intervene in the trade of scrap metal in order to protect lives and properties, Industry Minister Karl Samuda told Parliament ...
jamaica-gleaner.com

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EVIL: Thieves Ransack Church for Scrap Metal


The rash of vandalism in Detroit by thieves seeking metal to sell as scrap has hit a disturbing new low with the ransacking of a Catholic church on the ...
wxyz.com

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Scrap dealers sign up to fight thefts


Scrap metal dealers have met with senior officers from Northamptonshire Police to discuss how to crack down on the growing crime of metal thefts....
northamptonchron.co.uk

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How much for this phone booth?


In the fourth story of our five-part series Undercover with The Province, we show you how easy it is to sell (presumably stolen) scrap metal to at least one ...
canada.com

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Plant boosts Golden Triangle


The SeverCorr mill makes flat-rolled coil from scrap steel. Hot mill operations at the SeverCorr steel mill in Columbus began in August. ...