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Scrap Metal News

Latest scrap metal and recycling industry news.

Monday, 30 June 2008
 

Tokyo Steel increases scrap purchase prices


TEX reported that Japan's top electric steelmaker Tokyo Steel Mfg Co has increased what the company pays for locally available ferrous scrap by JPY 1000 to ...
steelguru.com

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Nucor CEO sees a decades of high commodity


According to Mr Dan DiMicco chairman, president & CEO of Nucor, the price of steel making raw materials such as iron ore, coal and scrap metal will continue ...
steelguru.com

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High commodity prices could hit auto majors’ local sourcing plans


Prices of melting scrap also climbed to Rs 27000 from Rs 20000. The auto component arm of the CK Birla Group Avtec said it was not just the commodity prices ...
thehindubusinessline.com

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Hanger tariff revives Wisconsin firm


As it is, he cannot produce as much as he would like because of another challenge facing the US hanger industry - a shortage of scrap steel, an important ...
jsonline.com

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Police do not know the cause of scrap yard fire


The scrap yard collects metal from 12 junk yards in Alabama and Mississippi, he said. The company then sells the scrap to Nucor Steel, where it is melted ...
tuscaloosanews.com

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Scrap metal firm operated illegally


A SCRAP metal firm has been fined £40000 for operating an illegal waste transfer station in Warminster. EJ Shanley & Son in Trowbridge ...
thisiswiltshire.co.uk

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Battle with scrap yard blaze continued today


Residents who live near Temerson and Sons Inc. said they heard an explosion around 8 pm, before the flames started and consumed the piles of metal. ...
tuscaloosanews.com


 

Battle with scrap yard blaze continued today


Residents who live near Temerson and Sons Inc. said they heard an explosion around 8 pm, before the flames started and consumed the piles of metal. ...
tuscaloosanews.com

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New state law meant to discourage metal thieves


With a new state law coming into effect, local scrap metal dealers and police are getting ready to make things harder on thieves who want to sell stolen ...
knoxnews.com

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Gov't expects mineral sales to hit $10B in 2011


While the Philippines has an estimated $1 trillion worth of untapped gold, copper and nickel resources, only 2 percent of about 9 million hectares of land, ...
business.inquirer.net

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Arrow Mines Kenbridge Nickel project returns


... Arrow Mines Ltd report its metallurgical testing program for the Kenbridge Nickel Project has achieved excellent metal recoveries for nickel and copper. ...
steelguru.com

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Bull run set to continue


Copper, aluminium and tin may keep speculators' sentiment up on supply constraints, but a short-term correction could not be ignored. Zinc, nickel and lead ...
business-standard.com

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Sunday, 29 June 2008
 

Commodity prices put squeeze on businesses


An indication of how soaring steel prices are roiling the auto industry was illustrated in a lawsuit Johnson Controls Inc. of Milwaukee filed in a Michigan ...
chicagotribune.com

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US Steel has no immediate acquisitions plans


Platts reported that US Steel has no near term plans to acquire either a scrap processor or a majority stake in metallurgical coal, despite continued ...
steelguru.com

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Waste forum fails to agree on ship scrapping facilities


About 95 percent of ship materials can be recycled, such as steel that can be reused in construction and machinery, it said. The UN said an obsolete vessel ...
old.thejakartapost.com

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Residents complain about junk


Mobile-Bouie resident Charles Davis said he's fed up with the mountains of scrap metal towering above the rooftops of ...
hattiesburgamerican.com

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Catalytic converter thefts rise; auto emission device has precious ...


Getting rid of a catalytic converter at traditional scrap metal dealers will become more difficult starting Tuesday when a new Tennessee law clamps down on ...
thedailytimes.com

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Woman arrested in scrap metal incident


OLEAN - Olean Police arrested an Olean woman in connection with an alleged weekend scrap metal theft at Seal’s Service Station on Route 446 in Eldred, Pa. ...
oleantimesherald.com

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Police raid breaker's yards over illegal scrap trade


Detectives say thieves are cashing in on the rising cost of scrap metal by stealing low-value cars from the streets, crushing them and then shipping them ...
bexhillobserver.net

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Tin remains up on strong global cues


... nickel plate (4x4) Rs 1160-1275, cadmium plate Rs 480, Rod Rs 480, antimony (china) Rs 290-320, gun metal scrap Rs 262, bell metal scrap Rs 250, copper ...
economictimes.indiatimes.com

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Saturday, 28 June 2008
 

In the Metal Recycling Business, It’s Loud, Dirty and Suddenly ...


ARC Metal Recycling has recently been selling its scrap steel for close to $500 a ton, more than double the price it received a year ago. ...
nytimes.com

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Steel prices continue to soar, with no relief in sight


While EIW is buying ahead, he says, the heart of the issue is “these crazy prices. In the US they’re paying $700 a tonne for scrap steel. Scrap! ...
dcnonl.com

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Steel prices continue to soar, with no relief in sight


While EIW is buying ahead, he says, the heart of the issue is “these crazy prices. In the US they’re paying $700 a tonne for scrap steel. Scrap! ...
dcnonl.com

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EcoSteel incentive plan moves quickly in Miss.


The mill will consume about 330000 tons of scrap steel a year, converting it into 300000 tons of rebar. EcoSteel Recycling's chief executive, ...
forbes.com

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Gerdau Chief Says He Plans to Make Company Global Steelmaker


Gerdau plans to spend about $6.3 billion through 2010 to expand steel output by 14 percent to 28.3 million tons. The company relies on scrap metal as the ...
bloomberg.com

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China stainless scrap market in doldrums


China's stainless steel scrap market continued to nosedive this this week as smaller stainless steel producers are forced out of the market by tighter ...
metalbulletin.com

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Overnight fire erupts at large scrap metal yard


A major fire that poured out clouds of black smoke from a scrap metal yard kept Tuscaloosa firefighters busy overnight. Some fire crews remained at ...
wrcbtv.com

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Huge fire guts scrap metal yard


Fire and Resuce responded to a fire at Temerson and Sons Inc. scrap metal yard at about 8:15 Thursday night....
tuscaloosanews.com

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Scrap metal theft


POLICE are keen to talk to anyone with information about a scrap metal theft from Hewell Road in Barnt Green. Officers say that five pieces of scrap metal, ...
bromsgroveadvertiser.co.uk

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Child restraint, scrap metal laws going into effect


That law dealing with the sale and purchase of scrap metal is to put a damper on the theft of valuable metals. Adams County Sheriff’s Deputy Maj. ...
natchezdemocrat.com

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Lawsuit filed against Alter Scrap Metal


The suit seeks more than $75000 in damages and names Alter Scrap Metal, Inc. and Alter Trading Corporation as defendants. Robert Ellis, who is Alter Scrap ...
qctimes.com

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In the Metal Recycling Business, It’s Loud, Dirty and Suddenly ...


It is a very good time for anyone involved in the scrap-metal business. People who collect scrap metal and take it to recycling facilities are getting ...
nytimes.com

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Rise in scrap metal prices means rise in reports of thievery


With the price of scrap metal up and the economy down, area recycling businesses have seen loads of scrap metal brought in by area ...
oleantimesherald.com

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Police unit heavy metal detectives


Dayton police Detective Jamie Bullens was looking through a bin of suspicious scrap metal at First Street Recycling when he saw a ...
daytondailynews.com

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Copper Thieves Strip San Diego Schools Of Metal


When copper is stolen and sold for scrap, a plumber has to be called to repair and replace the stolen metal, which is very costly, and why some lawmakers in ...
cbs8.com

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Stealing Scrap Metal?


Bob Frank is the General Manager of Metalico Rochester, they buy people's scrap metal. "The price of metals has encouraged people to find metals. ...
rochesterhomepage.net

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India copper rangebound on record oil, weak demand


Nickel futures traded steady as poor demand from the stainless steel industry weighed, despite record oil prices extending support, analysts said. ...
in.reuters.com

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Copper boosted by falling stocks, but gains limited


Zinc traded at $1935 a tonne from $1990 a tonne on Thursday, lead at $1825 from $1815, nickel was little changed at $21800 and tin at $23250 from Thursday's ...
guardian.co.uk

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MEIR ON METALS


Copper: We are at $8480 on copper, up $35, and well off our highs. In fact, the tone in copper and most of the other metals has been rather restrained so ...
metalbulletin.com

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Friday, 27 June 2008
 

UPDATE 1-Nucor chief sees decades of high commodity prices


The price of steel-making raw materials such as iron ore, coal and scrap metal will continue to rise for ...
uk.reuters.com

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High prices fuel boom in Maine's scrap business


1 heavy melt steel, a medium-grade steel, is now selling for about $500 a ton, up from less than $100 a ton in January 2003. Copper was selling for $3.75 ...
bangornews.com

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SOUTH KOREA'S HYUNDAI STEEL TO RAISE PRICES


Hyundai Steel cited rising prices of scrap iron, pig iron and Russian and Chinese slabs as the reason for the price hike. Hyundai Steel said the price of ...
tradingmarkets.com

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Russian Government postpones decision on steel export duty


The scrap export tax rate is also being reviewed at the Ministry of Industry. The problem is that the average sale price for a tonne of domestically ...
ibtimes.com

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China's steel mills may boycott ore from BHP; dismiss iron ore ...


He said iron ore is up several hundred per cent, scrap prices are ranging between $600 to 700 per ton, pig iron is at $900 per ton, and coal is rising ...
domain-b.com

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Scrap price down in Guangdong


Meanwhile, the higher electricity price also drove up input cost and reduced profit margins for steel mills using smaller electric furnace. ...
steelprices-china.com

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EU stainless scrap prices under pressure


Stainless steel scrap prices in Europe are on the slide again, driven lower by weak demand and a negative outlook for nickel prices on the London Metal ...
metalbulletin.com

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(AMM) Hot band momentum slows; pickup seen by September


... in the United States, Western Europe, mainland China and the world export market, as well as benchmark prices for steel scrap in the United States. ...
metalbulletin.com

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Criminals cash in on rising price of scrap metal: Thieves are ...


Criminal gangs are making millions by stealing and scrapping family cars as a result of the rising price in scrap metal. ...
dailymail.co.uk

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Car theft police raid scrap yards


The demand for steel in countries such as China and India has led to a sharp rise in the value of scrap metal. About 150 officers targeted more than 30 ...
news.bbc.co.uk

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Namibia: Massive Scrap Disposal Project Underway


Stringent security measures that, for decades, forbade the removal of scrap metal from a restricted diamond mining area to thwart gem thieves are being ...
allafrica.com

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Police foil raid on scrap metal yard


The five men, all believed to be from Luton, were found by officers in the O'Dell scrap metal yard in Cow Close, Biggleswade, in the early hours of Sunday ...
thecomet.net

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Metal recycling both good and bad for economy


The downside to the whole boom in the recycling business is the alleged theft of material by some scrap metal collectors and the vandalism of properties ...
sabcnews.com

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Massive Scrap Disposal Project Underway


Stringent security measures that, for decades, forbade the removal of scrap metal from a restricted diamond mining area to thwart gem ...
newera.com.na

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Metal thieves strip lead from rooftops


... investigating the incident as part of Operation Livewire which was launched in July 2007 in a bid to combat the crime as the value of scrap metal rockets.
eveshamjournal.co.uk

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Metal thieves strip lead from rooftops


... investigating the incident as part of Operation Livewire which was launched in July 2007 in a bid to combat the crime as the value of scrap metal rockets.
eveshamjournal.co.uk

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Gov't to set up central scrap metal sites


These contractors would then be responsible for sub-letting sections of land to different scrap metal dealers according to demand and availability....
jamaicaobserver.com

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Export ban in Africa on scrap metal to curb theft


In an unprecedented development, Uganda, Kenya and Tanzania decided to suspend trade in and export of metal scrap. According to energy minister Daudi ...
commodityonline.com

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Dallas council votes on Love Field modernization, other items


The council further stiffened an ordinance governing scrap metal recycling in hopes of curbing copper and aluminum theft in the city. ...
dallasnews.com

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Dollar supports India copper, nickel up


Indian copper futures gained on Thursday as the dollar softened after the US Federal Reserve kept interest rates steady, ...
in.reuters.com

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First Nickel Inc. Reports the Results of the Aeroquest Airborne ...


Three historical, nickel and copper sulphide occurrences and one nickel and copper prospect are identified in Ontario's Mineral Deposit Inventory (see ...
foxbusiness.com

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LME extends far-forward copper, aluminium to 10 years


The London Metal Exchange will extend prompt dates for primary aluminium, copper, zinc, nickel and lead futures contracts ...
in.reuters.com

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Copper climbs after dollar fall, Fed comments


Nickel gained around 2 percent or $450 to $22150 per tonne. Leon Westgate, analyst at Standard Bank said it was a bit of a technical bounce. ...
africa.reuters.com

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Mustang corrals positive prefeasibility on Maskwa open-pit nickel ...


... potentially produce 9.2 million pounds of nickel concentrate per year, along with platinum group metals, copper and cobalt, the company said Thursday. ...
canadianpress.google.com

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Thursday, 26 June 2008
 

Discovery awarded more tenements in Kgalagadi


The company is focused on developing its copper and nickel projects in northern Botswana to create shareholder wealth through the discovery and development ...
mmegi.bw

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India copper futures steady, awaits Fed decision


Zinc futures traded flat, taking cues from copper. At 3.20 pm, the June zinc MZIM8 on the MCX was down 0.37 percent at 80.50 rupees a kg . Nickel futures ...
in.reuters.com

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Metals - Copper steady ahead of Fed rate decision


Copper was steady on Wednesday ahead of an interest rate decision from the US Federal Reserve, with investors waiting to see ...
forbes.com

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Moscow shares decline late afternoon as oil, Norilsk Nickel sell ...


... acquire up to 10 percent of Norilsk Nickel, while Deripaska already holds a 25 percent plus one share stake in the nickel, palladium and copper miner. ...
forbes.com

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Strongbow Drills 1.13% Ni Over 12.0 Metres at Nickel King, NT ...


The purpose of the drilling is to determine if these geophysical responses reflect magmatic nickel-copper sulphide mineralization associated with the norite ...
marketwire.com

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South Africa: Havenstein in Hot Seat at Norilsk Subsidiary


... biggest producer of nickel and palladium, which is one of the PGMs, and among the world's biggest producers of platinum, rhodium, copper and cobalt. ...
allafrica.com

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Dallas City Council considers new pet ordinance 6:45 AM CT


Highlights on the table: Strict new pet ordinances, the shuttering of Reunion Arena, scrap metal recycling and Dallas Love Field modernization....
dallasnews.com

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Ely Company Fighting Back Over Metal Thefts


Thieves stole two large skips containing scrap metal from the compound over the bank holiday weekend, leaving the company with a £9400 bill. ...
ely-standard.co.uk

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Senate OKs bill on metal sales records


The bill, S-1781, would require owners of scrap metal yards to maintain purchasing records for transactions involving metals. It was introduced earlier this ...
app.com

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East Africa: Region Suspends Metal Scrap Trade


UGANDA, Kenya and Tanzania have agreed to suspend trade in and export of metal scrap, Daudi Migereko, the energy minister, has said. ...
allafrica.com

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Bill targets metal thieves


Rising value in scrap metal has prompted thieves in the San Gabriel Valley, Whittier and across the country to target everything from copper piping to fire ...
whittierdailynews.com

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Suspected scrap metal bandit on the lam


A man who has twice fled custody and is accused of stealing more than 600 pounds of scrap metal in late May has ...
winonadailynews.com

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County supervisors approve bill to curb metal thefts


The Board of Supervisors today endorsed an Assembly bill to change the way scrap metal sales and purchases are made, as part of an effort to curb ...
mydesert.com

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Trial for men accused of stealing scrap


TWO Beverley men are to stand trial accused of stealing scrap metal from a Driffield firm. It is alleged Michael Adam Lundie, of Tardew Close, ...
driffieldtoday.co.uk

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2 men arrested for trying to sell stolen scrap metal


YOUNGSTOWN — Police said they arrested two men accused of trying to sell $40 worth of stolen scrap metal at Youngstown Iron and Meal, 100 Division St. Area ...
vindy.com

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Scrap metals make money


Reichenbach Scrap yard manager Des King and Macaulay Metals finance manager Phil Springford hold plastic granules and copper granules. ...
stuff.co.nz

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Shock and ore for NZ firms as Rio lifts price


However, Zuckerman said price increases would be most keenly felt in imported steel products. Fletcher-owned Pacific Steel manufactured out of scrap metal, ...
nzherald.co.nz

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Enterprises to continue exporting ingot steel despite higher tax


The director of a scrap steel trade company said that with the 10% export tax, ingot steel exporters could still make profit, but the profit would be lower ...
english.vietnamnet.vn

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The big meltdown


Pure lead would net you £1800 or so (scrap starts at £275 a tonne). There has been a 75% increase in the price of aluminium. The Western Cape Investment and ...
guardian.co.uk

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