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Scrap Metal News

Latest scrap metal and recycling industry news.

Thursday, 31 July 2008
 

Cold-finished steel bars jump 7% to $1478


That’s up 7% from a revised $1385 in June and 76% more expensive than a year-ago July, reflecting recent scrap-cost increases. Purchasing magazine’s market ...
purchasing.com

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Hulk prices rise incredibly


... to Puget Sound scrap processors. Lois Young, who is in charge of marketing and recycling services at Skagit River Steel and Recycling in Burlington, ...
pnwlocalnews.com

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Allentown theft is a steel


DiMenichi said the materials could be sold for scrap or possibly to another fabricating shop because the steel tubes are worth about $24 a foot. ...
mcall.com

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Teck Cominco Coals Up


... prices soaring over 50.0% since April 1 and scrap metal and other raw material costs skyrocketing, it’s no wonder that miners and international steel ...
forbes.com

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UPDATE 1-Xstrata H1 copper, nickel output off, sees strong H2


This would result from higher grades at several copper and nickel mines, the resolution of one-off operational issues and new production from recently ...
uk.reuters.com

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Vulcan Minerals Inc.: Tasisuak Lake Drilling Commences


(Nortec) that drilling has commenced on the TL - Tasisuak Lake nickel-copper-cobalt property in Northern Labrador. The property is situated along a regional ...
foxbusiness.com

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Currency, supply woes cut Shanghai copper prices


... Nickel 18320.00 270.00 +1.50 26350.00 -30.47 LME Lead 2235.00 -35.00 -1.54 2550.00 -12.35 LME/Shanghai arb^ 2433 ** 1st contract month for COMEX copper ...
forbes.com

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Xstrata's H1 FeCr output up, copper and nickel down [UPDATE]


Xstrata posted record first-half ferro-chrome and lead output but production fell for contained copper, contained nickel and zinc. First-half ferro-chrome ...
metalbulletin.com

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D'Aguilar Gold Limited (ASX:DGR) High Grade Cobalt - Nickel ...


It is believed that this oxide mineralisation represents a part of the same system as the recently announced Pembroke nickel cobalt copper gold sulphide ...
abnnewswire.net

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Nuinsco Resources Limited Completes $1.09 Million Flow-Through ...


In addition to its property holdings, Nuinsco owns approximately 22% of the outstanding common shares of Victory Nickel Inc. (TSX:NI), approximately 13% of ...
foxbusiness.com

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People Cashing In By Selling Scrap Metal


People such as Tina Eckenrod go through people's garbage to get scrap metal. She makes a living off the junk. "Everyday," she said. ...
wftv.com

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Teens accused in theft of scrap metal


Four teenagers - including a juvenile - are accused of trying to steal scrap metal from a business in the Latimer community near Ocean ...
sunherald.com

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Police say Fort Pierce man stole high school bleachers for scrap metal


On Tuesday, a Fort Pierce man chopped a section of the 20-foot by 6-foot aluminum seating to mince meat in a ploy to sell it for scrap metal, according to ...
tcpalm.com

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Stay Out Of The Dumpster


This includes everything from scrap metal and cardboard to your everyday garbage such as aluminum cans, paper and household cardboard. ...
mayportmirror.com

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Third suspect arrested in State Fair copper theft


The transaction was captured on camera as part of a new law that requires recyclers to track the sale of all scrap metal.The video showed Melco making the ...
startribune.com

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Two caught stealing scrap metal from road construction site ...


Two people were caught stealing scrap metal from a road construction site Tuesday evening in the 1500 block of Lotus Lane, according to a Lufkin Police ...
lufkindailynews.com

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Scrap metal facility scrapped


After meeting opposition from residents and Southaven officials, a scrap metal recycling facility will not be locating along ...
desototimes.com

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Thief tries new form of recycling


Workers at a Newport scrap yard early this morning caught a man taking scrap metal
from the ...
news.cincinnati.com

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Ship carrying scrap metal prevented from sinking due to rift


The ship was carrying scrap metal and the rift was most likely caused when its hull grazed a sunken metal crane, due to the weight of its cargo.
express.gr

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Ship carrying scrap metal prevented from sinking due to rift


The ship was carrying scrap metal and the rift was most likely caused when its hull grazed a sunken metal crane, due to the weight of its cargo.
express.gr

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Man Tries To Sell Light Pole For Scrap Metal


Miami police said the man balanced the steel pole to the top of a van and drove it to a recycling plant in Miami in an attempt to sell it for scrap metal. ...
nbc6.net

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Wednesday, 30 July 2008
 

United States Steel Corp. Q2 2008 Earnings Call


European end markets remained stable as modern imports and good demand coupled with the surge in global raw materials costs helped drive spot steel prices ...
seekingalpha.com

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Business Highlights


When combined with the soaring cost of scrap metal, iron ore and other raw materials, mining interests such as Teck Cominco and international steel ...
forbes.com

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Les Schwab Tire Centers to Phase-Out Lead Wheel Weights


Les Schwab also recycles wheel weights and scrap steel. "Washington state applauds this type of corporate leadership to protect our environment, ...
marketwatch.com

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Economic slowdown to take its toll on base metals


The outlook for base metals — copper, zinc and nickel — for the quarter leading up to September is expected to be bearish according to analysts. ...
economictimes.indiatimes.com

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Nevoro Acquires Sheffield Resources Ltd.


We now have two advanced-stage properties - the Stillwater chromite and nickel-copper-cobalt property in Montana plus the Moonlight copper property in ...
marketwatch.com

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Copper eases on stronger dollar, slowing demand


Nickel closed at $18050 a tonne, down from $18750, with analysts pointing to slowing demand from stainless steel producers. The metal earlier declined 3.3 ...
forbes.com

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Base Metals: Halftime Update


Perception often dominates markets (particularly volatile ones like nickel and copper), and with the eyes of the world firmly fixed on the Beijing Olympics ...
istockanalyst.com

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Lawsuit makes civil rights, ethnic intimidation claims against ...


Farrell and his two sons, Henderson and Phillips, "conspired to hide and wait in bushes" nearby to try to catch whoever returned for the scrap metal, ...
blog.mlive.com

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Police nab pair trying to steal mausoleum gates


Officers responded and arrested a man and a woman at the scene and found scrap metal in their truck, Kilcullen said. Police had not yet charged the two, ...
dailygazette.com

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Christchurch thieves target metal to sell for scrap


Scrap metal is becoming big business for Christchurch thieves as they target business and domestic premises, according to Detective Sergeant Don Fisher, ...
odt.co.nz

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Thieves in Finland set eyes on scrap metal -paper


Scrap metal is of increasing interest to criminals, reported Finnish provincial daily Karjalainen in its Tuesday edition. Police records reveal that 90 ...
newsroom.finland.fi

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Scrap metal problems in Chickasaw


It didn't take long for Crawford to realize the scrap metal that was damaging his cars was falling from trucks headed to and from the Alter Metal Recycling ...
myfoxgulfcoast.com

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Scrap Metal Thefts Concern ChCh Police


Meetings with scrap merchants are scheduled so they and police can work more closely and effectively together. "We are working very closely with scrap metal ...
scoop.co.nz

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Victorian triumphs which turn to scrap metal


As with most objects in Britain that inspire outpourings of slightly irrational affection, we owe our seaside piers largely to the Victorians....
timesonline.co.uk

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Tuesday, 29 July 2008
 

Tokyo Steel Shares Slump After Profit Drops 94% on Higher Costs


Tokyo Steel has raised H-beam prices by 60 percent since January compared with a more than 70 percent jump in scrap, which gained on increased demand from ...
bloomberg.com

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Mechel: the importance of being healthy. Putin’s criticism sends ...


He also called for ending criminality in scrap iron and steel trading. Scrap exports entail all sorts of “gray” schemes, and one-day dummy companies to ...
interfax.com

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No bids for state's aging Steel Electric ferries


Ironically, an earlier report for the state ferries found that the four boats could be sold as scrap metal for about $450000 each.
seattletimes.nwsource.com

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STEEL PRICES RISE!


Scrap prices in the UK have risen by 75% since March 2008 - so don’t throw your scrap away, sell it! Once these raw material cost increases are taken in ...
wnibi.com

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(AMM) Taiwan drives 4% gain in May stainless scrap exports


US exports of stainless steel scrap rose a little more than 4 percent in May compared with the previous month, led by a huge spike in shipments to Taiwan. ...
metalbulletin.com

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Wanted dead or alive: $crap metal


With scrap steel prices now ranging from 7 to 12 cents per pound, and an average pickup load worth almost $100, thieves are also trying to cash in....
temple-telegram.com

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Perwaja to be the largest upstream steel miller


HwangDBS Vickers Research, which has a fair value of RM5 on Perwaja, said the steel group stood to benefit from higher global steel prices and strong demand ...
biz.thestar.com.my

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Steel Product Prices May Be Raised Again


... Muneoka indicated Monday there may be additional hikes in steel product prices, due to expanding costs. Soaring prices of iron ore, crude oil and scrap ...
japancorp.net

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Universal Stainless & Alloy Products Inc. Q2 2008 Earnings Call ...


Reliance Steel confirmed this impact of lower nickel prices on their investor call last week, and we're hearing the same from some of our other customers. ...
seekingalpha.com

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Metals - Copper up but summer slowdown, rising stock cap gains


Elsewhere on the LME, aluminium was higher at $2978 per tonne from $2969, nickel rose to $18499 per tonne from $18450, zinc was up at $1860 per tonne from ...
forbes.com

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Seasonally weak demand caps copper, lead up 5.0 pct


Nickel closed at $18750 a tonne from $18450. Prices have dropped 29 percent this year on declining demand from stainless steel producers, the main users of ...
forbes.com

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India copper up slightly, but demand concerns weigh


"We are bearish on all the base metals because of lack of demand," Vaid said. Nickel stocks in LME warehouses rose 978 tonnes to 44358 tonnes on Monday. ...
in.reuters.com

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Metals prices up on weaker dollar


After early declines, September copper had added 1 cent to $3.61 per pound in New York at last report, while three-month copper was up $39 to $7995 per ...
metalmarkets.org.uk

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Kenya bans scrap metal export to establish


Business Daily reported that the recent ban of scrap metal exports could offer a lifeline to the Nyayo Motor Corporation, the maker of Pioneer cars in the ...
steelguru.com

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Two men sent to Niagara County Jail after allegedly stealing scrap ...


State police say 29-year old Thomas Yarger of Lockport and 22-year old Thomas Letcher of Newfane stole various types of scrap metal from a Lockport property ...
wivb.com

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Small dent in metal theft


Scrap metal dealers have been fined almost HUF 10 million (EUR 42850) following a nationwide blitz on traders in scrap non-ferrous metal. ...
budapesttimes.hu

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Road sign thieves caught red handed


The thieves arrived in a lorry at the depot in Clydach and were caught on recently-installed CCTV loading large amounts of scrap metal. ...
newswales.co.uk

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Light-fingered thieves make off with office's chandelier


Police said the theft from Albyn Place is the latest example of criminals looking to cash in on the soaring price of scrap metal. ...
news.scotsman.com

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Danville police seeing metal thefts rise with scrap prices


The price of scrap metal has climbed since then, making air-conditioning units a hot commodity for thieves who either steal the whole unit or strip out the ...
news-gazette.com

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Full metal racket


Suspicious visitors are increasingly common at scrap-metal yards across the country. This summer, Canada's commodity scavengers have pulled plaques and ...
theglobeandmail.com

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Editorial: Growing metal thefts require serious response


The new rules proposed in Berryhill's bill will impose a costly recordkeeping burden on scrap metal dealers, but it's more than justified....
sacbee.com

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Interpipe acquires 95.95% of Dnepropetrovsk


It is reported that Interpipe Groupr has acquired 95.95% of the shares of OJSC Dnepropetrovsk Vtormet, one of the largest scrap metal processing plants in ...
steelguru.com

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Monday, 28 July 2008
 

Police Search For Steel Scoundrels


At the "Artisan Rich Iron" building on Northeast 133rd Street, they loaded four solid steel sheets into the back of the truck. Each sheet weighs 500 pounds ...
cbs4.com

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US players see lower scrap pricing for


He said that "I agree with Busse referring to comments made Monday by Mr Keith Busse CEO of Steel Dynamics, that obsolete scrap prices for August delivery ...
steelguru.com

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Japan's Kobe Steel, others adjust pricing practices - report


Sanyo Special Steel Co. plans to tie prices to the cost of scrap iron, a key material in its products, the report said. Plant construction firms such as JGC ...
tradingmarkets.com

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Production ramps up


Much of the price increase is because the price of steel scrap, the primary material used to make the beams, has increased nearly fourfold since 2002, ...
journalgazette.net

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Nickel heads for biggest weekly drop since March as demand sags


Copper and aluminum increased. Jinchuan Group Co., Asia’s biggest nickel producer, cut prices by 11 percent. Acerinox SA, the world’s largest ...
tehrantimes.com

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Nickel miner gets licence to drill Bluebush


Production of nickel and cobalt product is scheduled for the second half of August. Production of copper cathode is scheduled for the second half of ...
theaustralian.news.com.au

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SA port project precedes a storm of iron ore export activity


PERTH broker Patersons makes a good point in a recent research report on the gang of junior to mid-cap nickel sulphide producers that have come on to the ...
business.theage.com.au

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Brass utensils recover, brass cuttings decline


... copper wire bars - Rs 41000, aluminium ingots- Rs 14500, zinc slab - Rs 10700, lead ingots - Rs 11000, tin slab - Rs 1150 per kg and nickel cathode - Rs ...
deepikaglobal.com

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Law Officers, City Gets Help From Scrap Yard


The owner of JW Walker and Sons Scrap Metal Yard figures that, if nobody will pay thieves money for stolen copper and other metals, ...
nwaonline.net

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Two charged with stealing, selling scrap metal


State police have charged two men with stealing scrap metal from a property in the Town of Lockport and then selling it to a local scrap yard over the past ...
buffalonews.com

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Thieves strike gold in metal of all kinds


Driven by high international prices for scrap metal and a troubled domestic economy, scavengers are scooping out the stuff anywhere they can find it....
courierpostonline.com

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'Syndicates behind copper cable theft'


"In the case of the scrap metal merchants, they know that if they are busted with our marked cable or electrical components they will face prosecution. ...
iol.co.za

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Increased theft of water meter, manhole covers leaves holes in ...


The metal covers, which range between 12 and 24 inches in diameter and weigh more than 50 pounds, are capable of fetching up to $40 as scrap. ...
daily-times.com

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Russian regulations on scrap


Interfax cited Mr Vladimir Putin PM of Russia as saying that he is opposed to setting up a tax and tariff regime to stimulate exports of scrap metal and ...
steelguru.com

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Sunday, 27 July 2008
 

Tokyo Steel lowers forecast as profit


Scrap prices will probably average JPY 71500 a tonne in the year ending March 31st 2008. Mr Eiji Sakabe MD of Tokyo Steel said that “Scrap prices are too ...

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Cash for Trash


Today virtually all steel made by giants Nucor (NUE) and AK Steel (AKS) comes from scrap metal—a boon for recyclers such as Chicago-based Metal Management, ...
businessweek.com

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Pacific Steel Raises Prices By 18%


Pacific Steel Group general manager John Beveridge says price rises in the past two quarters were largely driven by the rising cost of scrap metal....
scoop.co.nz

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Pacific Steel hikes prices by


According to Pacific Group general manager, price increases are caused from soaring cost of scrap metal and additional factors are higher freight charges, ...

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Norilsk to probe ownership of Prokhorov mine assets


... launched on Thursday with the intention of spending $10 billion over the next five years developing copper, nickel, titanium and precious metals fields. ...
uk.reuters.com

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Has the bubble popped?


Nickel has fallen 30% this year, the worst among all LME-traded metals. Even gold has remained flat on average after shooting up 10% in the beginning of ...
economictimes.indiatimes.com

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The Daily Resource 07/26/2008


Trading in the base metals was mixed on Friday as copper and aluminum rose, while zinc, nickel, and lead fell off. Copper was up and down all day, ...
ibtimes.com

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UPDATE 3-Nickel trims losses after touching 2-yr low


Copper gained on Friday as Chinese demand was seen picking up and nickel bounced off its lows after heavy losses ...
reuters.com

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Prokhorov launches $10bn mining company


“General forecasts for the reserves and resources in the company’s deposits are more than 15 million tonnes of copper, 9 million tonnes of nickel, ...
metalbulletin.com

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W. Hempstead man arrested in theft of metal flower racks


... police property recovery section told Newsday that he's noticed a spike lately in the theft of all sorts of unlikely items containing scrap metal....
newsday.com

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MWA to capture scrap metal


Metro Waste Authority is doing their part to help area residents recycle and not scrap their metal. This is one of numerous facts that are known about metal ...
altoonaherald.com

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Authorities crack down on scrap metal thefts


Investigators say all of these crimes have one common denominator: scrap metal theft. It's a crime that has become a county-wide nuisance in recent months ...
lufkindailynews.com

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Theilen Targets Metal Thieves ; Alderman Wants More Rules for ...


Scrap operators already have to obtain the license plate number of each recycling client's vehicle and pay for scrap metal via check if the transaction ...
redorbit.com

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Reward offered in metal theft


Many forms of scrap metal have doubled in price over the past few years due to a high demand for metal in Asia. Everyone pays for this problem - not only ...
620kpoj.com

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Saturday, 26 July 2008
 

Tokyo Steel Lowers Forecast as Profit Plunges 94% (Update2)


``Scrap prices are too high and domestic demand, especially for steel rod and sheet, is unclear,'' Eiji Sakabe, managing director at Tokyo Steel, ...
bloomberg.com

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Hike in production costs drives steel price higher


The cost of steel-making additives such as carbon have tripled this year, while scrap metal is up 140%. Adding further woe, the NZ dollar has lost ground ...
stuff.co.nz

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Russian steel and coal proprietors under the knout


... European stainless steel, and an export tax on steel scrap; the former removes price competition from the European product entering the Russian market; ...
mineweb.com

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Global economic growth has kept nonferrous prices elevated


Still, on the scrap front, the reference price from Platts Steel Markets Daily for shredded scrap for July was figured at $600/gross ton, delivered, ...
purchasing.com

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Battle shaping up over Cliffs' purchase of coal producer


Nucor makes its steel using electric arc furnaces, which basically recycle scrap steel, and US Steel has all the iron ore it needs for its North American ...
blog.cleveland.com

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In the gutter, and stealing it


Now, aluminum, steel and iron prices are climbing too. Although the metal prices are going through the roof, it still takes a lot of scrap material to make ...
heraldtribune.com

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Price increases buoy SSAB profits


"Scrap prices have stabilized on a higher level, so you should not expect those kind of movements to continue," Faxander said. ...
al.com

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US steel exports surged in first half


US exports of ferrous scrap and all steel mill products have risen in the first half of this year, according to the Iron and Steel Statistics Bureau (ISSB). ...
metalbulletin.com

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The Daily Resource 07/25/2008


The base metals had a uniformly terrible day Thursday, as spot prices for copper, nickel, zinc, aluminum, and lead all tumbled. Copper dropped quickly ...
ibtimes.com

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Franconia updates Birch Lake resource


Franconia Minerals (FRA-T, FRALF-O) has doubled its resource estimate for the Main zone at its Birch Lake copper-nickel-platinum ...
northernminer.com

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Nickel hits fresh 2-year low


Nickel hit a two-year low on Friday as worries about demand from stainless steel mills mounted, while copper was seen coming under pressure from ...
economictimes.indiatimes.com

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India copper futures ease on higher supplies


August copper may find support at 328 rupees, Prasad added. "If there is a breakout, a good fall is on the cards." Nickel futures extended their fall for ...
in.reuters.com

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Base metal markets "temporarily stalled"


While copper has held up well, other metals such as nickel and zinc have plunged back to earth. In a research note titled "Seasonal Weakness or End of the ...
network.nationalpost.com

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Shanghai Copper Set for Third Weekly Decline on Demand Outlook


Among other LME-traded metals, aluminum was up 0.8 percent at $2973.50 a ton, zinc rose 0.3 percent to $1862, and nickel added 0.1 percent to $18800. ...
bloomberg.com

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Nickel, lead down on weak global cues


... nickel plate (4x4) 1105-1215, cadmium plate 480, Rod 480, antimony (china) 290-320, gun metal scrap 262, bell metal scrap 250, copper wire scrap 375, ...
tradingmarkets.com

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Nickel, lead down on weak global cues


... nickel plate (4x4) 1105-1215, cadmium plate 480, Rod 480, antimony (china) 290-320, gun metal scrap 262, bell metal scrap 250, copper wire scrap 375, ...
tradingmarkets.com

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Pair Arrested for Scrap Metal Thefts


The Queen Anne's County Sheriff's Office on Thursday arrested two men accused of stealing hundreds of dollars worth of scrap metal in ...
wboc.com

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Scrap metal thieves target Fort Pierce church


... them on the building, according to the report. Shaw notified area recycling centers in case the thieves try to scrap the gutters, according to the report.
tcpalm.com

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Metal thieves endanger lives of people for $20


It is believed they were taken by thieves seeking to sell them as scrap metal. "The price of metal is high and it is lucrative for thieves to sell them," ...
yumasun.com

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Man charged with scrap metal theft


It is reported that Mr. Jackson had made arrangements for the pipes to be transported to a scrap metal site in Clarendon.
radiojamaica.com

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Drain cover thefts soar as value of scrap metal rises


A staggering 95 steel grates have disappeared, as opportunist criminals attempt to cash in on the rising value of scrap metal. It is believed the thieves ...
harrowobserver.co.uk

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Scrap metal 'thieves' nabbed


Three men who allegedly cut off electricity supply to industries in Durban south after stealing scrap metal have been arrested, KwaZulu-Natal police said on ...
iol.co.za

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Metal business paying more


The amount of ferrous (iron and steel) and nonferrous (stainless steel, aluminum, copper, brass and other non-magnetic metals) scrap metal the company’s ...
news-press.com

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Laws aim to stem metal theft; you can help


This legislation puts in place some common-sense rules around the sale of scrap metal, requires scrap metal dealers to register with the state Department of ...
commercialappeal.com

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Cops want to stop illegal peddle of metal


James Timilty, D-Walpole, would require scrap metal yards, pawnbrokers, and secondhand goods dealers to track their sales, making it easier for police to ...
dailynewstranscript.com

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Mr Putin against curbs on scrap metal exports


He said that "I am also aware of the proposals from our metals producers about the possible purchase of all the ferrous scrap metal on the domestic market, ...
steelprices-india.com

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Friday, 25 July 2008
 

Copper-nickel forum was impressive


When 200 people show up on a Saturday night in the middle of July for a panel discussion on copper nickel mining you know it’s got to be a hot topic and ...
timberjay.com

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Prokhorov to Invest $10Bln in New Unit


Intergeo would aim to become one of the world's top three copper, nickel and platinum producers, Prokhorov's Onexim Group said in a presentation posted ...
themoscowtimes.com

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UPDATE 2-Russia's Onexim to spend $10 bln on mine projects


... Intergeo, that will invest over $10 billion in the next five years developing copper, nickel, molybdenum, titanium and precious metals fields. ...
uk.reuters.com

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Nickel tumbles 6-pct to 2-year low on weak demand


Nickel fell to a two-year low below $19000 a tonne on Thursday on weakening demand from stainless steel mills, while copper eased on ...
forbes.com

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Prokhorov bets US$10 billion on metals `super-cycle`


Commodities including oil, gold, nickel and copper have reached all-time highs in the last 14 months on surging demand from emerging markets, ...
mining-journal.com

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East West Joint Ventures "Feeder" Nickel-Copper Property From Its ...


East West Resource Corporation (TSX VENTURE:EWR)("East West") is pleased to announce that it has entered ...
emediaworld.com

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Nickel slides below $20000, zinc perks up near floor


Shanghai copper lost 1.4 percent and aluminium futures inched up, with traders reporting generally bearish sentiment due to ample stocks and sliding crude ...
forbes.com

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Brazil Stocks Tumble Into Bear Market as Mining Companies Drop


Gerdau SA and Usinas Siderurgicas de Minas Gerais SA led a drop in steelmakers on concern demand for metals is slowing as copper, nickel and aluminum ...
bloomberg.com

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UPDATE 1-Steel firm SSAB Q2 profit soars, market strong


Prices for iron ore, coking coal and scrap have soared on surging steel demand from China and India among other countries. Coking coal spot prices, ...
uk.reuters.com

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(AMM) Scrap coalition raps 25 nations in fight vs. tariffs


The United States is paying the price." Russia currently applies a tax of about 15 euros ($23.50) per tonne to exports of ferrous scrap. Russian steel scrap ...
metalbulletin.com

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Russia to increase export duties on scrap steel exports


The Russian government plans to raise export tariffs for steel scrap to 130 euros per ton. It's a measure to prevent a potential deficit, as domestic steel ...
russiatoday.ru

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Mechel Falls as Putin Calls for Probe, End of Duties (Update1)


Putin wants to end tariffs on iron ore and coal to curb soaring steel prices as the government embarks on record infrastructure spending. ...
bloomberg.com

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Cramer Is Bullish on Sims Group


Strong steel prices are great news for Sims Group as it means higher selling prices for its scrap steel. It was this run-up in steel prices that have led to ...
investerms.com

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(AMM) Nucor hikes sheet $40/T for September


Operators of Vitco Steel Supply Corp., a Posen, Ill.-based flat-roll service center, watch scrap prices to estimate where sheet prices are headed, ...
metalbulletin.com

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Metal thieves carve up railway tracks


Worldwide, the demand for scrap metal is growing as countries such as China and India embark on an orgy of building and urban expansion. ...
nzherald.co.nz

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Stolen scrap worth bucks


An increase in automobile and scrap metal thefts are believed to be linked to the increase in the value of scrap metals. ...
picayuneitem.com

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Norfolk police in scrap metal crackdown


The rising price for scrap metal, including iron and lead, has attracted thieves to steal the valuable material and then flog it on at scrap yards in the ...
eveningnews24.co.uk

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Two arrests in police scrap metal purge


Two people were arrested for theft of lead and 12 scrap metal dealers visited in the raid, which also saw police call on many previous offenders and develop ...
pendletoday.co.uk

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OneSteel Market Mills focuses on metal recycling


When scrap metal is recycled into new metal, OneSteel takes advantage of the embodied energy already in the material. This leads to savings of up to 74% on ...
ferret.com.au

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Interpipe acquires over 95% share of Ukrainian scrap metal firm


Alexander Kirichko, Interpipe Chief Executive Officer, said: "The acquisition of this scrap metal processing plant is the next important step forward in the ...
gulfnews.com

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Toeing the line – Neighbors say Portland scrap yard uncomfortably ...


As the city of Portland finally gets a scrap metal yard to move out of one of its downtown neighborhoods, ...
keepmecurrent.com

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Metal thefts plague region as scrappers become more brazen


The problem is being fueled by a four-year surge in scrap metal prices thanks to an increase in worldwide demand for recycled metal, especially in places ...
detnews.com

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Bill aims to scrap metal thievery


As scrap metal thefts across the country rise with the price of copper, brass and other metals, MetroWest and Milford area ...
milforddailynews.com

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On football player discipline, metal thefts and ...


Spurred by increasing prices for scrap metal, thieves have stolen copper plumbing from houses, catalytic converters from cars and grave markers. ...
herald-dispatch.com

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Thursday, 24 July 2008
 

Russia plans to raise steel scrap export tariffs


Russia plans to raise export tariffs on steel scrap to 120-130 euros ($191-207)
per tonne to ...
uk.reuters.com

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Salvage Rights Sought For Wreck In Long Island Sound


If the request is granted, the company plans to retrieve the scrap steel, worth as much as $700000, this summer. On a recent dive, workers found the...
courant.com

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Bolt cutter-carrying man accused of cutting into scrap yard


Stark County Court records show he was already awaiting trial on charges stemming from a break-in at a Massillon sand and gravel business and Republic Steel ...
cantonrep.com

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Philadelphia Streets Unsafe for Manhole Covers


For most of the cities, the increase started in the spring of last year as the price of steel and iron surged because of a growing demand for recycled ...
nytimes.com

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Steel Dynamics, Inc. Q2 2008 Earnings Call Transcript


As with regard to steel scrap and scrap substitutes, we just had excellent results from the Omni organization compared with the first quarter. ...
seekingalpha.com

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Steel Dynamics reports jump in 2Q earnings


He said that third-quarter scrap and steel and scrap shipments could decline slightly as the result of seasonally planned steel mill or customer plant ...
bizjournals.com

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Allegheny Technologies Announces Second Quarter Results


The negative impacts described above were partially offset by increased shipments and higher selling prices for our grain-oriented electrical steel, ...
foxbusiness.com

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Wallbridge Mining Begins Exploration on Copper-Zinc and Nickel ...


Wallbridge's Hong Kong claim group was staked as part of a 50/50 joint venture with Mountain Lake Resources, which focused on nickel-copper-platinum group ...
foxbusiness.com

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East West Joint Ventures "Feeder" Nickel-Copper Property From Its ...


East West Resource Corporation (CA:EWR: news, chart, profile) ("East West") is
pleased to ...
marketwatch.com

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Moderate fall in nickel, lead and copper prices


Prices of nickel, lead and copper declined moderately on the non-ferrous metal market on wednesday due to lack of ...
economictimes.indiatimes.com

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Record output has BHP on track for bumper year


BHP said its new $US2.2 billion Ravensthorpe nickel laterite mine in Western Australia - famous for a string of cost blow-outs - would also cause a $US313 ...
business.smh.com.au

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Share price falls prompts OZ Minerals share buyback


Costs at OZ's Sepon copper operation in Laos came in at US83c a pound, higher than guidance of US72c to US78c, partly because of higher acid and fuel prices ...
theaustralian.news.com.au

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OZ eyes bargains in weak market


OZ has previously flagged interest in potential acquisitions up to $4 billion, with a specific focus on nickel and copper. OZ Minerals has more than $1 ...
news.com.au

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UPDATE 1-Oz Minerals reaffirms Sepon copper forecast


AX: Quote, Profile, Research), expects to meet its annual copper production forecast from its Sepon mine in Laos, despite a second-quarter setback, ...
uk.reuters.com

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Scrap metal export ban key to establishing local steel plant


The recent ban of scrap metal exports could offer a lifeline to the Nyayo Motor Corporation, the maker of Pioneer cars in the 1980s, ...
bdafrica.com

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Police in major swoop on metal thieves


The operation, named "Ferrous", is working with scrap metal dealers in gathering intelligence, identifying and eliminating disposal locations, ...
pendletoday.co.uk

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Scrap metal thief takes $80000 in goods worth $63 on street


Scrap value of the equipment is about $63, police said. State police from the Bay City and Bridgeport posts are investigating the break-in at Tri-City ...
mlive.com

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Hungary plagued by thieves of scrap metal


Soaring non-ferrous metal prices worldwide are turning scrap metal into such hot property in Hungary nowadays that thieves don't shy away from ...
canada.com

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Scrap Metal Thefts


Now scrap metal dealers will have to keep detailed records of who they buy these materials from to help police track thieves. Those records will include ...
wtvq.com

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Thieves Seeking Scrap Metal Target Fire Hydrants


Thieves looking to cash in on scrap metal have broken into fire hydrant caps in the Kansas City metropolitan area, officials said. ...
kctv5.com

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Metal prices


Like a garage sale in reverse, workers at scrap metal yards are seeing some of everything dumped at their feet these days by opportunistic and, ...
philly.metro.us

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Thieves turn to car parts for scrap metal


Lt. BJ Gruber of the Marion Police Department said the city has seen an increase in thefts related to scrap metal prices as well. “We’ve seen an incredible ...
centralohio.com

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Fire hydrants targeted by scrap metal thieves in US


The spate of thefts is the latest product of a booming scrap metal market which, coupled with the economic squeeze, ...
telegraph.co.uk

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Hungary targeted by scrap metal thieves


That has led to a sharp increase in the thefts of scrap metal in Hungary, with the number of cases reported to police growing steadily over the past four ...
turkishdailynews.com.tr

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Wednesday, 23 July 2008
 

Schnitzer Steel Industries, Inc.


SCHN also expects higher prices for core and scrap to buoy the auto parts segment. The company forecast that its pricing power in the steel manufacturing ...
zacks.com

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Export cess hike may not hit sponge iron cos


Sponge iron is an alternative to steel scrap which is used as a raw material for manufacturing steel products. Industry estimates show that India produces ...
economictimes.indiatimes.com

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Fayette man charged with stealing steel beam


A Fayette County man is charged with stealing a steel beam for scrap, resulting in a garage roof collapse. Twenty-eight-year-old Michael Joseph Volek II ...
philly.com

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Costs high for cashed-up miner


OZ Minerals, the world's second-largest zinc producer, is focusing on growing its nickel and copper businesses through acquisitions after producing the ...
business.smh.com.au

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Callinan Activity Update


A flotation test showed very little loss of value, magnetic separation and ashing of graphite indicates that a commercial grade copper-nickel-cobalt ...
newswire.ca

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Fitch: Copper and Aluminum Producers Resilient Despite North ...


Declines in US residential construction and automotive sales are translating to declines in US demand for copper, aluminum, nickel and zinc....
marketwatch.com

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Sees M&A opportunities in zinc-lead space


Lundin, which, in addition to zinc and lead, also produces copper, nickel and silver, has been weighing its options on the Ozernoe project due to delays in ...
forbes.com

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Eloro Initiates Second Drilling Campaign at the Delta Property ...


The Timmins area holdings include both the prospective Hurdman Zinc-Silver Property, and the 30 km2 McArthur Lake Nickel Property. Eloro recently acquired 4 ...
foxbusiness.com

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Metals - Copper up on weak dollar


Nickel rose to $20675 per tonne, basis three months, from $20550, zinc was up at $1876 per tonne from $1860, tin eased to $23500 per tonne from $23550 and ...
forbes.com

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Kanungu bridge needs urgent rescue


That residents are turning metal bars into scrap metal for sale is unthinkable, but sadly true. It either shows that authorities do not regard the bridge as ...
monitor.co.ug

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McKenzie wants Samuda to deal with environmental stemming from ...


The scrap metal operations in the Callaloo Bed area of Spanish Town Road, Kingston 11 seem to be creating some environmental problems. ...
radiojamaica.com

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Man Accused Of Having Stolen Metal, Drugs Outside Scrap Metal Business


A Manchester man was arrested after police found him waiting outside a scrap metal business with a stolen catalytic converter and bags of heroin, ...
nbc30.com

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Ministry Ready to Facilitate Activities in Scrap Metal Industry


Industry, Investment and Commerce Minister, Karl Samuda, has said that the Ministry is ready to facilitate activities in the local scrap metal industry, ...
jis.gov.jm

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Washington County scrap metal recycler accused of harming environment


New York Attorney General Andrew Cuomo has sued the owners of a Washington County scrap metal recycler for "years of environmental damage" allegedly caused ...
albany.bizjournals.com

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One would-be scrap metal theft suspect pleads; trial set for other


Two Maine men thwarted during an alleged attempt to steal scrap metal were arraigned in Portsmouth District Court on ...
fosters.com

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Man charged in scrap metal removal


A Fayette County man told police he had permission from the owners to pick up scrap metal around a former commercial garage in Grays Landing. ...
pittsburghlive.com

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KY police investigate auto part thefts


A state law that went into effect Tuesday is meant to combat metal thefts. It requires metal dealers to record purchases and keep the records for two years. ...
news.cincinnati.com

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Scrap metal traders in a fix


MANY people tend to think that the scrap metal traders are laughing their way to the bank, now that the price of metal has rocketed. ...
thestar.com.my

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Thieves Targeting More Than Just Scrap Metal


Thieves also are targeting everything from heavy construction equipment to mine safety devices. Some of the more popular items to steal today ...
redorbit.com

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Tuesday, 22 July 2008
 

Freewest Resources Canada Inc.: Drilling Resumes on Nickel Chrome ...


Where overlimits in nickel and copper are encountered in the first pass, Optical Emission Spectrometry (ICP-OES) is used to provide the overlimit results, ...
foxbusiness.com

Labels:



 

Norilsk Nickel raises $1,5bn to refinance loan


The $1,5-billion facility had a tenure of three years and was structured in the form of a $750-million amortizing nickel or copper pre-export term loan ...
miningweekly.com

Labels:



 

European Stocks, US Futures Gain; Bank of America, Total Rise


Total SA and Exxon Mobil Corp. climbed as crude oil rebounded from a six-week low, while BHP Billiton Ltd. followed copper and nickel prices higher. ...
bloomberg.com

Labels:



 

Metals - Tight copper stocks, weak dollar lift red metal


And nickel, which fell to a two-year low on Friday, remains vulnerable. Analysts said the alloying metal might fall below $20000 per tonne. ...
forbes.com

Labels:



 

Copper gains slightly on MCX despite weak sentiment


Nickel July contracts were trading at Rs886.50 per kg, up 1.16%, from its previous closing price of Rs876.30 per kg. Trading volumes for nickel remained low ...
metalbulletin.com

Labels:



 

Steel Dynamics Reports Record Sales and Earnings for Second ...


The steel scrap and scrap substitutes segment also provided a strong margin contribution. Demand for recycled ferrous scrap has remained strong, ...
marketwatch.com

Labels:



 

The scrap racket: Brit thieves show mettle, nerves of steel


... sold on the scrap metal market; 1000 British Telecom customers in the West Clandon area of Surrey lost their service when copper cables were pulled up; ...
thestatesman.net

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Indiana 100: Steel Company Maintains Torrid Growth


Scrap metal doesn't come cheap. Over the past nine months, Steel Dynamics Inc. has shelled out $1.5 billion to purchase two scrap companies ...
redorbit.com

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Chinese steel output in H1 up by 12.5


Spiking cost forces small and medium-scaled steel enterprise to cut output. Iron ore, coal, coking coal, scrap and pig iron prices all surged since later ...

Labels:



 

(AMM) Leggett & Platt passing high steel costs on to customers


The magnitude of the company's selling price increases "varies by product line depending on steel content, but in our major residential and industrial ...
metalbulletin.com

Labels:



 

(AMM) Leggett & Platt passing high steel costs on to customers


The magnitude of the company's selling price increases "varies by product line depending on steel content, but in our major residential and industrial ...
metalbulletin.com

Labels:



 

Southern Scrap of New Orleans moves to St. Charles Parish


The site has access to deepwater, which Southern Scrap needs to bring in ships for importing and exporting the steel products it recycles at its yards. ...
nola.com

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Laboratory worker sentenced for stealing metal


Goatley's attorney Joseph Bugos says Goatley had hoped to resell the scrap. He says Goatley has completed seven months of drug treatment.
chicagotribune.com

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Thieves scrapping for metal


The dramatic increase in scrap metal theft around the state has pushed lawmakers to create a new law making it more difficult for thieves to steal, ...
richmondregister.com

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Metal theft Initiative a Success (Mendip West)


Scrap metal dealers in the area were also asked to sign up to a 'service level agreement' between them, Avon and Somerset Constabulary and Mendip District ...
avonandsomerset.police.uk

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Scrap metal sales up as Mainers turn trash to treasure


The boom in scrap metal has happened so fast that recycling centers have struggled to keep pace. A few years ago, middlemen often bought or picked up junk ...
bangornews.com

Labels:



 

Hot metal: the new scrap racket


Anything that is metal and can be sold as scrap metal is being taken. You would expect graves to be cared for, not desecrated. ...
independent.co.uk

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Scrap metal thieves steal car filled with memories


But that car was targeted by scrap metal thieves. "I always watch and see who's over there since I know that they've moved," said a neighbor who witnessed ...
wave3.com

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Statue that graced racetrack entrance stolen


Police are considering whether the statue was swiped for the resale value of the bronze, as scrap metal theft is a growing problem. ...
philly.com

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Monday, 21 July 2008
 

Precious Metals: Scrap Metal Values Helping to Clear County Trash


18--As the money doled out by scrap metal businesses continue to rise, so do the reports of metal thefts. However, scrap metal businesses paying more than ...
redorbit.com

Labels:



 

$50000 reward offered for statue


The statue's scrap value is more than $3900, but Schomberg said the amount of stainless steel running through the horse will make salvaging bronze a ...
courierpostonline.com

Labels:



 

A boom in scrap metal


Bob Roy, a scrap metal recycler from Rock Hill, loads pieces of metal into his truck. Scrap recycling is big and getting bigger. ...
charlotte.com

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Bronze horse statue swiped in Cherry Hill


Cherry Hill police are calling scrap-metal dealers after a 12-foot bronze race horse was stolen in the last week. ...
newsday.com

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Fighting Thievery of Metal: Sheriffs Stress Buyers' Role in ...


Sheriff's departments in the Purchase report thefts of scrap metal continue to rise. McCracken County Sheriff Jon Hayden has seen scrap metal thefts ...
redorbit.com

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Police warning over scrap metal thieves


THOUSANDS of pounds worth of scrap metal has been stolen from business premises in the Ribble Valley. Thieves escaped with steel girders worth an estimated ...
clitheroeadvertiser.co.uk

Labels:



 

Thievery at the Gates


The most common theory is that someone is selling the gates to local scrap metal yards. Thanks to a recent surge in the price of scrap metal, thieves around ...
nytimes.com

Labels:



 

Furor brews as NL, feds ponder plan to dump nickel waste into lake


... statement calls for the water basin to serve as a receptacle for more than 400000 tonnes of effluent annually, including nickel, copper and cobalt. ...

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RS Pandey: Nerves of steel


All of which, the industry swears, helped the industry deal with the price cuts the government asked it to make. High steel prices, it is well known, ...
business-standard.com

Labels:



 

Tokyo Steel increases scrap purchase


Tokyo Steel's purchase prices of local ferrous scrap are unchanged this time at its Utsunomiya works in the Kanto area. The delivered price of No2 HMS is ...
steelguru.com

Labels:



 

Reuters: Russian Companies Now Own 10% of US Steel Industry


I don't know if they could have been sold as scrap," he said. Severstal's record $1.9 billion in net profits, for example, mask a sharp decline in earnings ...
russiablog.org

Labels:



Sunday, 20 July 2008
 

Steel standards remain despite price complaints


... been calling for eased standards in the face of sharp increases in local steel prices, as well as a shortage of raw materials, notably billet and scrap. ...
bangkokpost.com

Labels:



 

Scrap steel stays stable in Lanzhou


It is reported that scrap steel market runs steadily in Lanzhou, Gansu province. 6.0mm heavy scrap is traded at CNY 3650 per tonne to CNY 3750 per tonne at ...
steelguru.com

Labels:



 

Steady conditions at wholesale steel market


NEW DELHI: Wholesale steel prices generally remained flat in the national capital on Saturday on subdued demand from stockists. Traders said buying remained ...
thehindubusinessline.com

Labels:



 

Earnings Preview: Nucor


Some of the key issues for the conference call: Commentary on forward guidance, shipments and margins; details on scrap metal and other costs; ...
seekingalpha.com

Labels:



 

Nucor falls as market focuses on 3Q guidance


... he expected may be due to "higher scrap costs and lower spreads on downstream markets, where it is more difficult to pass on higher costs for steel. ...
forbes.com

Labels:



 

Traders scrap over Jamaican metal


The area is built on the edge of a landfill site, where refuse trucks thunder in and vehicles of every description drop off scrap metal to be weighed for ...
news.bbc.co.uk

Labels:



 

Dates Announced For 2008 World Scrap Metal Congress


Terrapinn Pte Ltd has announced that the World Scrap Metal Congress 2008 will be held Nov. 3-5 at International Pudong Shanghai, China . ...
recyclingtoday.com

Labels:



 

No sympathy for grave robber


Former London cemetery groundskeeper Aaron Hobberlin knew firsthand there was a treasure-trove of potential scrap metal at his fingertips. ...
lfpress.ca

Labels:



 

Scrap metal thief zapped to death


Copper and other precious metal theft is a worldwide phenomenon driven by stock market metal prices made white hot by a global building boom. ...
edmontonsun.com

Labels:



 

Copper capers: On the hunt for scrap metal thieves


The Telus employee has told Al and Bob there is a crack house in the area where the residents have been known to deal in metal. There is also a scrap metal ...
canada.com

Labels:



 

Police: Bronze Statue Stolen For Scrap Metal


Police in Cherry Hill said they believe it may have been stolen for scrap metal. The statue weighs more than a ton and would be worth more than $4000 as ...
nbc10.com

Labels:



 

Minerals lure developers to Minnesota's Iron Range | KXNet.com ...


The ore is laden with copper, nickel, platinum, palladium, gold and cobalt. Duluth Metals chief executive Henry "Rick" Sandri says the value of the ore is ...
kxmb.com

Labels:



 

Nickel, copper down on weak global cues


Wholesale prices of nickel and copper drifted by Rs 5 per kg in the national capital today on stockists selling, ...
economictimes.indiatimes.com

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Slowdown shadow on base metals


Zinc and nickel have already bottomed out and may move up, said an analyst. Last week, copper remained subdued on stockpiling by China ahead of supply ...
business-standard.com

Labels:



 

Rich Returns Possible in Copper-Nickel Deposits


As of 2002, geologists estimated the deposit -- dubbed the Duluth Complex -- contained about 4.4 billion metric tons of ore laden with copper, nickel, ...
redorbit.com

Labels:



 

Five Companies Submit Bids in First Stage of Udokan Copper Field ...


Udokan is one of the world's biggest copper deposits. It was discovered in 1949 and its reserves have been listed three times. Norilsk Nickel's ...
redorbit.com

Labels:



Saturday, 19 July 2008
 

(AMM) Demand 'pause' hits ferrous scrap tags


1 heavy melting steel scrap to South Korea and Taiwan reportedly were in the high $600-a-tonne range, with a West Coast trader saying the next round of ...
metalbulletin.com

Labels:



 

UK scrap prices expected to slide in August


Though one UK steel mill has agreed to pay £10 more for bales in July, others have “absolutely savaged” the price on for example 4C, one merchant said. ...
metalbulletin.com

Labels:



 

US Representative for Virginia's 1st District


With the value of scrap steel going up, we've seen the attractiveness of these ships grow for several parties. Quite a change from a few years ago....
washingtonpost.com

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(AMM) Growth projects focus of Nucor capex


The executive vice presidents were, for the most part, buoyant about the way their operations were performing, but several warned that high scrap costs ...
metalbulletin.com

Labels:



 

Precious metals


However, scrap metal businesses paying more than ever for metals such as steel and aluminum has led to one big, positive change — it’s helping to clean up ...
thetimestribune.com

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Property booms amidst Activox suspension


However, contrary to some reports, the Tati Nickel Mine itself is not threatened. It will keep producing concentrates, which are smelted into copper-nickel ...
mmegi.bw

Labels:



 

Copper Falls in London, Heading for Weekly Drop, on Stockpiles


Nickel dropped $75 to $20700, lead fell $3 to $1962 a ton, zinc declined $25 to $1815 and tin decreased $25 to $23400.
bloomberg.com

Labels:



 

Is the mining sector souring?


... Lynch and Morgan Stanley said investors should sell commodities stocks because demand may decline for raw materials such as copper, nickel and corn. ...
livenews.com.au

Labels:



 

Russian Tech, tycoon to form JV for Udokan copper


Several other companies have submitted bids, including Norilsk Nickel (GMKN.MM: Quote, Profile, Research), Russia's largest copper miner, and Strikeforce ...
uk.reuters.com

Labels:



 

$2m fine for scrap metal breaches


Several scrap metal dealers are upset about the high fines, $2 million, and the new measures for regulating the trade outlined by Industry and Commerce ...
go-jamaica.com

Labels:



 

Heavily into metal


Mr. Sherbanuk makes his living from scrap metal, so he thinks nothing of scrambling over rough terrain to examine a rusty piece of junk. ...
theglobeandmail.com

Labels:



 

$2-m fine


Samuda stopped the lucrative scrap metal trade last month - the second time in eight months - following the resurgence of widespread metal theft and had ...
jamaicaobserver.com

Labels:



 

Scrap metal prices creating junkyard bonanza


Saratoga County Recycling Coordinator Joseph Miranda said the market for scrap metal has increased in recent years with much of the supply being shipped to ...
dailygazette.com

Labels:



 

Metal thieves hit Lee


As area investigators continue to wage a continuing battle against copper and scrap metal thefts, three more cases were added to a growing stack ...
albanyherald.com

Labels:



 

Police release images of metal theft suspect


Police say the thefts are connected to the rising price of scrap metal. It is estimated the trade in stolen scrap metal has cost insurance companies more ...
thisishullandeastriding.co.uk

Labels:



 

Authority hires new scrap metal hauler


The Chilton County Solid Waste Authority is considering new options of what to do with its scrap metal....
clantonadvertiser.com

Labels:



 

Scrap metal dealer knifed to death in JB


A 23-year-old scrap metal dealer was stabbed to death after a fight at a nightclub in Jalan Abdullah Tahir yesterday. ...
thestar.com.my

Labels:



 

Industry Minister gives update on scrap metal trade


Industry, Investment and Commerce Minister Karl Samuda Thursday sought to clear-up confusion surrounding the recent re-opening of the scrap metal trade. ...
radiojamaica.com

Labels:



 

Copper thieves staying busy


The city outlined the new ordnance that not only requires an ID for the seller, but a five day wait before a scrap yard can re-sell the metal. Scrap yards ...
whas11.com

Labels:



Friday, 18 July 2008
 

Steel cartel exposed


These included agreements on standard pricing formula to be used in determining the purchase price of scrap and the allocation of scrap metal among the ...
iol.co.za

Labels:



 

Nucor Reports Record Results for Second Quarter and First Half of 2008


In addition, these companies provide our steel mills with a profitable base load of volume. DJJ's scrap processing assets broaden Nucor's raw materials ...
moneycentral.msn.com

Labels:



 

LNG Firm Seeks Delay on State Review


Citing factors such as unresolved federal procedural issues and the undetermined composition of the liquefied natural gas ...
istockanalyst.com

Labels:



 

Quoddy Bay to reconfigure LNG project


Oklahoma-based Quoddy Bay LNG LLC reports that its proposed liquefied natural gas (LNG) project will move forward despite a recent decision to ...
energycurrent.com

Labels:



 

Curtis Bay plant to shred old cars, steel scrap


The company expects local steel mills in Maryland, Delaware and Pennsylvania will buy shredded scrap directly from the Halethorpe processor. ...
examiner.com

Labels:



 

Goldman Sachs: Global steel demand will outpace supply for next decade


Steel Dynamics and Commercial Metals also have boosted scrap-supply. Tharani's analysis says rising steel production will continue to put price pressure on ...
purchasing.com

Labels:



 

Rising cost of construction materials props property prices


... that costs of industry inputs such as iron ore, raw billet, and scrap have globally risen by up to 87 percent, which in turn pushed up steel prices. ...
dailystaregypt.com

Labels:



 

Noront Announces New Cu-Ni Occurrence at Anomaly AT12


1) Two drill holes completed thus far on Anomaly AT12 have returned encouraging widths of visual copper-nickel-iron sulphide mineralization up to 29.2 ...
stockhouse.com

Labels:



 

BHP, Rio Lead Mining Slide After Oil, Metals Decline (Update1)


... Co. and Morgan Stanley have said investors should sell commodities stocks because demand may decline for raw materials such as copper, nickel and corn. ...
bloomberg.com

Labels:



 

Northern Shield to earn up to 66% interest in nickel, copper ...


... Shield Resources Inc. is one step closer to sealing a deal for an option to earn a majority interest in a nickel, copper and platinum metals mine. ...
ottawabusinessjournal.com

Labels:



 

A New Find of Barite Crystals With Phantoms From Michigan's Copper ...


In recent years, northern Michigan has experienced a renaissance in mineral exploration activity, with several major companies searching for copper, nickel, ...
redorbit.com

Labels:



 

Grave robbers targeting metal, not bodies


SCRAP metal thieves pinching everything from bus shelter seats to brass plaques from cemeteries are beginning to feel the full force of ...
news.com.au

Labels:



 

Scrap metal thieves run rife


SCRAP metal thieves pinching everything from bus shelter seats to brass plaques from cemeteries are beginning to feel the full force of the law....
news.com.au

Labels:



 

Aldermen to consider ways to curb precious metal thefts


comments Keith Klauer of Donahue, Iowa, take scrap metal from his flooded home off of a scale to ...
qctimes.com

Labels:



 

Scrap metal dealer stabbed to death outside nightclub


Johor CID chief Senior Asst Comm II Amer Awal said the scrap metal dealer, who was drinking with his seven friends at the nightclub, was about to leave the ...
nst.com.my

Labels:



 

Tighten oversight of scrap-metal sales


At present, it's too easy for thieves to fence these materials at scrap-metal dealers. The Wichita City Council needs to take the lead of many other states ...
kansas.com

Labels:



 

Parked cars prey for metal crooks


The converters are sold as scrap metal. Vehicles left unattended may become prey for thieves on the hunt for vehicle parts that carry a high value as scrap ...
amarillo.com

Labels:



 

CRIME: Three accused of metal theft


Three men are facing attempted larceny charges for allegedly trying to steal scrap metal from a trash container on Lockport High School ...
theamherstrecord.com

Labels:



 

World Scrap Metal Congress


Terrapinn Pte Ltd is organizing “World Scrap Metal Congress 2008” on November 3rd to 5th 2008 at International Pudong Shanghai, China. ...
steelguru.com

Labels:



 

New Law Cracks Down on Scrap Metal Theft


Governor Steve Beshear signed the bill in April, and this week, a new law with the intention of slowing scrap metal thefts goes into effect. ...
wbko.com

Labels:



Thursday, 17 July 2008
 

Continental Nickel Commences 2008 Diamond Drill Program on the ...


Approximately 15000 metres of drilling will be completed, initially focusing on the detailed drill testing of a number of high grade nickel-copper sulphide ...
marketwatch.com

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Moderate rise in tin, nickel and copper utensils price


Prices of tin, nickel and copper utensils moved up moderately in a mixed non-ferrous metal market here on Wednesday, due to good industrial demand. ...
thehindubusinessline.com

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Wallbridge Mining to Form $5M Joint Venture with Impala Platinum ...


Wallbridge also has a major shareholding in Duluth Metals Limited, which has defined a large copper-nickel-PGE resource in the rapidly emerging Duluth ...
newswire.ca

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Copper Climbs in Asia on Peru Strike Threat, Dollar Decline


Aluminum rose 0.9 percent to $3243 a ton, zinc was up 1.4 percent at $1866, nickel gained 0.2 percent to $20900, and tin added 2.4 percent to $23800 a ton. ...
bloomberg.com

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Asian Stocks Drop for Third Day, Led by Cnooc; Woolworths Gains


Sumitomo Metal Mining Co., Japan's biggest nickel producer, declined 2.8 percent to 1399 yen. Jiangxi Copper Co., China's second-largest producer of the ...
bloomberg.com

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Steel firms say time to scrap price cap, Govt mum


A tonne of steel in India is Rs 15000 to Rs 20000 cheaper than international rates. But steel makers say when the deadline for the cap on prices expires on ...
ibnlive.com


 

Scrap export facility coming


Smith Vice President Bob Bonnes said the company is converting the facility into a shredding plant for autos and steel scrap. Smith's larger project is to ...
baltimoresun.com

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China Armco Metals, Inc. Now Trading Under the New Symbol "CNAM"


Armco supplies a range of raw materials and scrap metals for various metal refining and steel manufacturing industries. Through its US-based operations, ...
marketwatch.com

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Huaigang\'s H1 profit hits CNY 664


It is reported that Jiangsu Shagang Group's Huaigang Special Steel Co in H1 2008 has churned out 1.34 million tonnes of iron up by 57.5% YoY, 1.47 million ...
steelguru.com

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Huaigang\'s H1 profit hits CNY 664


It is reported that Jiangsu Shagang Group's Huaigang Special Steel Co in H1 2008 has churned out 1.34 million tonnes of iron up by 57.5% YoY, 1.47 million ...
steelguru.com

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Scrap market runs stable in Liaoning


Scrap purchasing price of Dongbei Special Steel Group remained at CNY 3800 to 4080 per tonne and CNY 4070 per tonne for heavy scrap in Linyuan Iron and ...
steelprices-india.com

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Terra Nostra Resources Corporation Expects Fiscal 2008 Joint ...


a majority owner of two joint venture companies in the copper and stainless steel industries in China, anticipates that, based on a preliminary review of ...
marketwatch.com

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(AMM) US bucks trend as hot band still on global run


"When you see the scrap prices move up like they did, we had to expect them (mills) to try to get increases. All of this (round of hikes) is on scrap....
metalbulletin.com

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The booming business of scrap metal


Asheville Citizen-Times ASHEVILLE, NC— Scrap yard owner Steve Traub finds both good and bad in the soaring value of steel, ...
telegram.com

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Cemeteries new problem: metal theft


Across America, police have reported mounting scrap metal prices translating into increased thefts that range from manhole covers and church downspouts to ...
usatoday.com

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Cemeteries have new problem: metal theft


Across the country, police have reported mounting scrap metal prices translating into increased thefts that range from manhole covers and church downspouts ...
iht.com

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Spotlight on metal thieves


Grant Eames of Washdyke Metal said photo identification and police reports are making it easier to track stolen metal. Scrap metal seems ...
stuff.co.nz

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Long Island Rail Road collects, sells scrap metal


Since 2006, the agency has been collecting scrap and debris throughout it 700-mile system and selling the scrap metal. By "turning trash into cash," LIRR ...
progressiverailroading.com

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Earnings Preview: Nucor set for big 2Q profit gain


Charlotte, NC-based Nucor increased its scrap metal supply and domestic steel capacity through acquisitions. It also boosted access to foreign ...

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ArcelorMittal buys out scrap metal firm Rolanfer


Rolanfer, based in Yutz, specialises in the processing and recycling of scrap metal products, including incinerated scrap, shredded scrap, and demolition ...
domain-b.com

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Scrap metal industry on pins and needles


One day after reopening the scrap metal export trade Industry Minister Karl Samuda has warned that he is not ruling out a permanent shutdown of the sector ...
radiojamaica.com

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Laws tighten screws on metal thieves


The rise in scrap metal prices has turned businesses, churches and even homes into ...
courier-journal.com

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Scrap metal proves to be good as gold for town finances


He had questioned why the town was not taking advantage of increasing prices paid for scrap metal by selling the scrap deposited by residents at the town’s ...
telegram.com

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ArcelorMittal Acquires Outstanding Shares in Rolanfer Recyclage SA


Rolanfer specialises in the processing and recycling of scrap metal products including incinerated scrap, shredded scrap, and demolition scrap....
newsticker.welt.de

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Wednesday, 16 July 2008
 

Brazil Stocks Gain, Led by Retailers, Airlines; Bolsa Declines


Investors should sell commodities stocks as a slowing global economy will cut demand for raw materials such as copper, nickel and corn, according to..
bloomberg.com

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Copper at $5.50/lb, nickel under pressure, aluminum undergoing ...


... scrap prices and merchant premia are positive for copper, steel and coal, mixed/improving for aluminum, and poorer for lead, zinc and nickel....
mineweb.com

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Scrap metal trade resumes


The government last month banned exports following an escalation in the theft of scrap metal. A week ago, the Ministry of Industry and Commerce announced ...
radiojamaica.com

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DRUGS AND SCRAP METAL SEIZED IN RAID


The raid was part of Operation Amalgam, which aims to tackle the increase in metal thefts in North Staffordshire. The officers were acting on a tip-off ...
thisisthesentinel.co.uk

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Two men charged with stealing scrap metal in burglaries


Two men were arrested Monday on burglary charges, breaking into a plant to steal scrap metal and machine parts, according to warrants filed at ...
citizen-times.com

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Scrap metal trading in Jamaica to resume on


In June, Mr Samuda inked a ministerial order prohibiting the export of scrap metal, stating at the time the prohibition became necessary in order to ...
steelguru.com

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Metal prices sway scrap yards to pay big for four junk vessels


With scrap-metal markets through the roof, those same yards now are paying the government more and more for those same junk ships, which are loaded with ...
hamptonroads.com

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MIDDLE TWP. METAL THEFTS


The thieves then turn a quick buck at any one of a number of recycling yards, that pay the going rate for scrap metal -- a rate that has increased ...
nbc40.net

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Scrap metal taken from orchard


Scrap metal was reportedly stolen from an orchard within the 26000 block of Avenue 86. According to a Tulare County ...
recorderonline.com

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Bold thieves tap scrap in Monash


BOOMING prices are proving too tempting for brazen thieves who are pinching older-model cars and selling them as scrap metal for a small fortune. ...
waverleyleader.com.au

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Webcast Alert: Steel Dynamics Announces Q2 2008 Conference Call ...


Steel Dynamics is a producer of carbon steel products and is a major recycler of ferrous and non-ferrous scrap metals. Steel Dynamics produces flat rolled ...
marketwatch.com

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Overseas steel companies are snapping up coal interests, retracing ...


Steel producers are doing everything they can to control soaring prices for iron ore, metallurgical coal and scrap steel. "Obviously everybody wants to have ...
iht.com

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(AMM) AK Steel follows sheet move; lifts prices $50/T for ...


Scrap prices have moved up sharply in the last several weeks, prompting the need for additional sheet price hikes. North American sheet demand is tepid, ...
metalbulletin.com

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Scrap price moves up in


It is reported that scrap market ended smooth running recently in Shandong and some steel mills have raised up scrap purchase prices by CNY 80 per tonne to ...
steelguru.com

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Notes from Our Visit to Steel Dynamics


With the increasing adoption of electric arc furnaces for steel production, the demand for ferrous scrap metal inputs is escalating. ...
morningstar.ca

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House may scrap even the finished bills on spending


... votes on increasing the supply of American energy to bring down gas prices,” said Michael Steel, spokesman for Minority Leader John Boehner (R-Ohio). ...
thehill.com

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(AMM) China Armco plans 2M-tonne recycling facility


Armco is planning to construct a $40-million facility with a recycling capacity of 2 million tonnes of steel scrap annually, Yao said. ...
metalbulletin.com

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SKF Profit Climbs to a Record, Driven by Europe, Asia (Update2)


The margin for the quarter narrowed to 13.3 percent compared to 13.5 percent last year as scrap steel prices doubled in some markets. ...
bloomberg.com

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Tuesday, 15 July 2008
 

Steel companies mull 15% price hike


But it is quite difficult to keep it going under global pressure," said Anil Suraj, an analyst in Mandi Gobindgarh, the hub of physical steel and scrap ...
business-standard.com

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Steel companies mull 15% price hike


But it is quite difficult to keep it going under global pressure," said Anil Suraj, an analyst in Mandi Gobindgarh, the hub of physical steel and scrap ...
business-standard.com

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End of auto bundle auction highlights need


Mr Charles Bradford at Bradford Research said that “The issue is important because scrap pricing is the usual leading indicator for steel prices. ...
steelguru.com

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Elaborate Set Adds to ‘The Full Monty’


... the edgy slang of its steel mill workers, but the characters are filled with heart. As the musical opens with steelworker Jerry Lukowski singing “Scrap ...
flatheadbeacon.com

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Crane-Hogan survives lean start to build a successful business


When you have demand like that, obviously the prices go up: scrap steel prices have gone up 500 to 700 percent. Jim retired and moved to North Carolina ...
democratandchronicle.com

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State sold Haulbowline steel plant on the basis it was not polluted


The State was seeking to require Ispat to dispose of radioactive scrap and sources, demolish contaminated buildings, rectify the site's polluted drainage ...
irishtimes.com

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Metal Prices Help Clean Up Kentucky


In 2003, steel and iron scrap was $100 a ton compared to $520 per ton in May, according to the Institute of Scrap Recycling. The demand stems mainly from ...
lex18.com

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A few bright spots


... doubling over the last five months, global prices of steel products continue to rise on account of raw materials shortage (coking coal and steel scrap). ...
business-standard.com

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W&O Supply buys Valco/Premier Group


Premier Manufacturing, which produces copper-nickel fittings and flanges, will be a direct source of copper-nickel products for W&O. ...
bizjournals.com

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Rich returns possible in copper-nickel deposits


Brice said about one-third of Franconia’s profits probably would be evenly split between sales of copper, nickel and other mostly precious metals. ...
duluthnewstribune.com

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W&O acquires Valco/Premier


Premier Copper Manufacturing is an industry leader in the manufacture of copper-nickel fittings and flanges, and will be a direct source of copper-nickel ...
marinelog.com

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Copper firm but demand doubts dim outlook


Nickel finished lower at $20750 against $21600 on Friday, having earlier fallen more than 4 percent to an intraday low of $20697 on worries about falling ...
forbes.com

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Usmanov Said to Be Looking At Copper


Metalloinvest, which is half-owned by Usmanov, has already said it was looking to merge with Norilsk Nickel to create a world-class metals giant....
themoscowtimes.com

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Force and Customs target fuel and metal thieves


“We’re relying on the honesty of the scrap metal dealers to say ‘I suspect this is stolen’ and not accepting it.” Julian Jackson, from WR Roberts, ...
northwichguardian.co.uk

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City may regulate scrap metal sales


Harlan Hartstein has abandoned the idea of accepting catalytic converters at Wichita Iron and Metals, a local scrap metal dealer, ...
kansas.com

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Cash's Scrap Metal & Iron River Terminal Relies on Sennebogen 835 ...


"It was one of the main reasons why we went with a SENNEBOGEN material handler," says John Engelmohr, Site Manager of Cash's Scrap Metal & Iron River ...
news.thomasnet.com

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`Poor scrap metal processing behind...


The use of substandard chemicals in processing low-quality scrap metal is one of the major factors contributing to the production of ...
ippmedia.com

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GRAVEYARD STRIPPED OF ALMOST EVERYTHING METAL BY CROOKS


The price of scrap metal has gone through the roof, and large amounts of cash can be commanded for it. As a result, incidents like these have become more ...
thisissouthwales.co.uk

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Stockertown Stolen Scrap Metal Moved In Stolen Truck


State police at Belfast are looking for two men who used a stolen tractor-trailer to sell scrap metal to a Stockertown metal company on Thursday. ...
mcall.com

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CITY MAY REGULATE SCRAP METAL SALES


Hartstein started to buy catalytic converters at his scrap metal business less than a month ago. But with metal thefts on the ...
kansas.com

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Local residents fight against scrap metal company


Eesti Päevaleht writes that the company has a production site near Tallinn-Väikse railway station in which it collect scrap metal such as old cars from ...
balticbusinessnews.com

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Scrap metal market salvage yard salvation


They're among a growing number of do-it-yourself salvage yards, a trend that comes as scrap metal prices soar, making the business far more profitable than ...
news-journalonline.com

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County lacks resources for metal fight


Houston's crackdown on copper thefts may be pushing unscrupulous scrap metal dealers into unincorporated Harris County, ...
chron.com

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Monday, 14 July 2008
 

NICKEL-COPPER MINING: Shakespeare shipping ore to Strathcona


Toronto-based URSA MAJOR MINERALS is shipping a minimum of 500 t/d from its Shakespeare nickel-copper mine 70 km west of Sudbury to XSTRATA ...
canadianminingjournal.com

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Udokan Copper Tender Attracts Crowded Field


... Institute and plans to build copper smelters in the Chita region capable of processing 35 million tons of ore per year. "Norilsk Nickel has also got one ...
themoscowtimes.com

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Price of metal helps clean up eastern Kentucky


The high price being paid for scrap metal has inspired some folks to clean up the region, which has a chronic problem of improper disposal. ...
fortmilltimes.com

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Crackdown aims to root out scrap metal crooks


Special Constabulary Chief Officer Nigel Green said: "The increasing price of scrap metal has resulted in a surge of thefts nationally and Bedfordshire, ...
bedfordtoday.co.uk

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County hit by rise in thefts of metal


... would simply wish to have the pipes returned, especially considering their lowly worth as scrap metal, “even if they were left lying at the doorstep”. ...
kentnews.co.uk

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Scrap metal market booming Includes top dollar paid for junk cars


The market for scrap metal is so good that now more people in Maine and New Hampshire who traditionally let junk cars rot away on their property are ...
fosters.com

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Sunday, 13 July 2008
 

New law could hurt scrap metal dealers


A new law designed to ease copper theft in Mississippi will put a burden on scrap metal dealers, ...
leadercall.com

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Loot recovered in raid on scrap metal dealers


A joint operation targeting scrap metal dealers has led to the confiscation of stolen manhole covers, railway lines, water meters and ...
iol.co.za

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Scrap metal sting leads to four arrests


Police arrested employees at four McHenry County metal scrap yards this week on charges they unlawfully ...
dailyherald.com

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