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Copper futures may trade weak Tide Turns as Financials Rebound, Thieves tap kegs for scrap metal, not beer Ore price dives in China Steel import soars on robust demand Economic mavens suggest that the sky isn’t falling... Steel nowhere Feng Hsin cuts rebar prices again Two Somerton men arrested in scrap metal theft NEW GUIDELINES SET FOR THE EXPORTATION OF SCRAP ME...

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Scrap Metal News

Latest scrap metal and recycling industry news.

Sunday, 31 August 2008
 

Tata Steel Q1 net up at Rs 3900 cr


Global steel prices have corrected by $60-100 per tonne from their peak. Scrap prices have dropped by 24% to $435 per tonne over the past month. ...
sify.com

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Scrap steel brings headaches


HA NOI — Scrap steel imports are still posing a problem to authorities and import enterprises, who still haven’t found an effective way of importing enough ...
vietnamnews.vnagency.com.vn

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2009 metals pricing


Indeed, a new investment arena has been scrap steel, where demand has been so strong and with it, prices. The high cost of production and the lack of new ...
steelguru.com

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2009 metals pricing


Indeed, a new investment arena has been scrap steel, where demand has been so strong and with it, prices. The high cost of production and the lack of new ...
steelguru.com

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Police: Kegs Being Stolen, Sold For Scrap


But that hasn't stopped thieves from stealing them, selling them to scrap yards for $30 each, police said. With the price of steel going up in the past year ...
kctv5.com

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Copper may dip on substitutes fear


Copper ended with a marginal gain of 0.88 per cent during the last week at $7648, while aluminium and nickel closed rangebound at $2705 and $20350, ...
business-standard.com

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Vale Inco nickel processing plant


Vale Inco said that it is a major breakthrough for their USD 2 billion projects, which plan to dump more than 400000 tonnes of tailings of copper, nickel, ...
steelguru.com

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Mining executive steps down


The president and CEO of Canadian Royalties Inc., developer of the $465-million Nunavik nickel-copper mine in northern Quebec, has resigned the company said ...
canada.com

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Oil prices bounce above $120 on US storm concerns


Most base metals, including aluminium, copper and tin, suffered losses on widespread concern that slowing economic growth could sap demand. ...
dailytimes.com.pk

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Men, teen arrested for scrap metal thefts


Two Davidson County men and a teenager have been arrested for allegedly stealing scrap metal and trying to sell it for cash to a scrap metal buyer,...
the-dispatch.com

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E-scrap trade leads to smelter expansion


Xstrata's Horne outfit in Rouyn-Noranda aims to double its capacity by 2010 The trade in e-scrap - metal-laden waste from computers, mobile phones and other ...
canada.com

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Newburgh looks at bright side


A scrap metal operation that operated on the site for more than 40 years left it in such bad condition that it ended up on the Environmental Protection ...
recordonline.com

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CITY OF LOCKPORT: 2 charged in scrap metal theft


An employee of a local scrap metal dealer reported a light pole matching that description had come in on Saturday. The employee reportedly said he had paid ...
theamherstrecord.com

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Saturday, 30 August 2008
 

Copper Heads for Second Monthly Decline in London on Stockpiles


Nickel and lead also slid. Inventories monitored by the London Metal Exchange gained 41 percent since the end of June to 173375 metric tons, ...
bloomberg.com

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Bay Street Week Ahead-Base metals a bargain, but how safe?


... where the meteoric rise of nickel and zinc to all-time highs in the past two years has finally come back to earth. Copper has fared better, ...
reuters.com

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Copper falls 1 pct on China demand worry


Nickel dropped to $20200 from $20500 on continuing worries about demand from stainless steel producers, the biggest users of the metal. ...
africa.reuters.com

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Cobalt - small metal, wild ride


Cobalt, a small metal in global tonnage terms, ranks as an important by product of a number of copper mines, particularly brownfields operations under ...
mineweb.net

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Talvivaara Mining on track for nickel production this year


... tonnes of nickel per annum for 40 years. The mine will also produce 60000 tonnes per annum of zinc, 10000 tonnes per annum of copper and 1200 tonnes per ...
proactiveinvestors.co.uk

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Scrap prices dipping in


Turkish market remains quiet and American scrap price keeps on decreasing. Japanese Tokyo Steel has cut its scrap purchasing prices again by JPY 2000 to JPY ...
steelguru.com

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Nickel risks further sharp fall on slow demand


That in turn points to a well-supplied stainless scrap market with prices down $500 per tonne this year, Wright said. If stainless steel demand does not ...
guardian.co.uk

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Program keeps some mercury out of environment


Under the state's program, scrap yard or junkyards receive $3 for each light switch and $5 for each antilock brake switch they remove from junked cars. ...
chicagotribune.com

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“Junk” metal fetches high prices


With scrap metal prices increasing, thieves are taking advantage of opportunities that may have been overlooked in the past. Capt. ...
nwobserver.com

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Britain's biggest ever seizure of stolen metal


Anyone with information on scrap metal theft should contact Staffordshire Police on 08453 302010 or Crimestoppers anonymously on 0800 555 111.
telegraph.co.uk

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Sims Group delivers a good full-year result


RAPIDLY growing scrap metal recycler Sims Group boosted full-year earnings by 81 per cent, after a stunning fourth quarter delivered record scrap prices and ...
theaustralian.news.com.au

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Metal theft a growing crime


OmniSource buys scrap metal, but is working hard to make sure stolen metal doesn't end up in its scrap yards or others. ``It is bad business,'' Squadrito ...
mlive.com

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Thieves wreck house for scrap metal


THIEVES trashed a village house for the sake of a few hundred pounds of scrap. The intruders broke into Lepton Grange on Wakefield Road and caused many ...
examiner.co.uk

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Rocketing scrap prices mean less dumped cars


Huddersfield scrap metal merchants have seen trade increase due to high premiums for metal in Asia. It has led to fewer dumped cars on the borough’s roads, ...
examiner.co.uk

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‘Council recycle truck turned my Fiat Punto to scrap metal’


CARE worker Alexis Campbell couldn’t believe her eyes when a council recycling truck backed into her cherished Fiat Punto car, condemning it to the ...
walesonline.co.uk

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‘Council recycle truck turned my Fiat Punto to scrap metal’


CARE worker Alexis Campbell couldn’t believe her eyes when a council recycling truck backed into her cherished Fiat Punto car, condemning it to the ...
walesonline.co.uk

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New laws chase copper thieves online


Since the state passed new laws making it harder for someone to sell stolen scrap metal, especially the globally valuable copper, Metro police detectives ...
Elgin Lotto & Tobacconist

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Video of the fire at Slesnick Iron & Metal Co.


CANTON Firefighters are investigating the early Thursday blaze that destroyed some machinery at a large scrap metal business in the city's southeast end. ...
cantonrep.com

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Drying up the scrap metal theft business


A new law could dry up much of the market for the sale of scrap metal---and it appears to have been working even before it went into effect. ...
missourinet.com

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Scrap price sees another round of decline in East China


It is reported that some leading steel mills in East China have continuous lowered scrap purchase prices in recent two days since traders' purchase price is ...
steelprices-india.com

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Sims's Fourth-Quarter Profit Triples on Higher Prices (Update1)


Global scrap prices peaked in the quarter, driven by higher demand for steel, the company said. Profit was boosted by the $1.49 billion acquisition in March ...
bloomberg.com

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Second-Quarter Report and Outlook


Nucor is also continuing to use its February acquisition of scrap processor David J. Joseph Co. and its March 2007 acquisition of Harris Steel as growth ...
metalcenternews.com

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Sims forecasts strong start to new year


Its net profit rose 81 per cent to $433.16 million in 2007/08, from the prior year, after being underpinned by higher ferrous scrap prices and increased ...
news.smh.com.au

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Conergy, Daimler, Norddeutsche, and RWE: German Equity Preview


The recycling company said first- half profit rose 74 percent to 34 million euros as higher prices for steel and scrap metal boosted ...
bloomberg.com

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Intown lifestyle more popular


In 2001, Atlanta-based Perennial Properties began looking for industrial property to redevelop and found a scrap metal yard and an auto body shop on ...
ajc.com

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More plaques taken from Auckland graves


Police and local scrap metal dealers have been advised of the thefts, which followed a rise in scrap metal prices. Returned Services Association Auckland ...
stuff.co.nz

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United Kingdom - * Copper lower on macroeconomic concerns, falling ...


"While some currency pressure may remain we see copper, nickel and aluminium prices rising on a recovery in Chinese demand." Lead gained for a second ...
forbes.com

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Copper Declines in China on Rising Stockpiles, Economic Concern


Zinc was little changed at $1800 a ton, tin gained 1.7 percent to $20500 a ton, lead was down 0.5 percent at $2025 and nickel hadn't traded.
bloomberg.com

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Shanghai copper falls 1 percent, stocks eyed


Copper futures fell 1 percent in Shanghai on Friday, tracking losses in London, as investors fretted over ...
forbes.com

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Copper down on demand doubts


"Despite the barrage of negative news we believe that prices for copper, nickel and aluminium should prove robust for the next 6-12 months unless the global ...
businessspectator.com.au

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Panoramic Profit Slumps on Falling Nickel Prices, Higher Costs


The company said earlier this month it's considering diversifying into copper, lead, zinc, and gold and prefers assets in Australia.
bloomberg.com

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Friday, 29 August 2008
 

New laws affect political donations, drunken boaters, scrap metal ...


Another law requires scrap metal dealers to keep good records so police can track people who steal metal and sell it for the cash. It also prohibits scrap ...
ky3.com

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Cracking Down On Metal Thefts


There's a lot of metal that goes in and out of CMC Recycling in downtown Chattanooga. And Tony Rigney is dropping some off today. "It's all for a company," ...
newschannel9.com

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Scrap metal cleared from 81-year-old's property


Marion Falinski returned from hospital in Dauphin Monday evening to find his plots of land in Ethelbert cleared of four truckloads of scrap metal he had ...
winnipegfreepress.com

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Thieves stealing beer kegs to sell as scrap metal


As the price of stainless steel climbs, thieves are cashing in by selling the kegs for scrap. By Jesse Fray As the price of stainless steel goes up, ...
ljworld.com

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Profile of a collector: Scrapper Joe (scrap metal, etc.)


(Art Review & Preview) In this city, a pick-up truck creeping down the alley loaded with washers, bike frames, and other metal scrap is not an uncommon ...
tcdailyplanet.net

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Brisbane scrap metal fire put out


Firefighters have extinguished a blaze that has been burning for days at Rocklea on Brisbane's southside. Seven firefighting crews and three aerial ...
abc.net.au

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Freeze lifted on scrap metal dealers licence


THE Government has decided to reissue the scrap metal dealers licence after a two-year freeze, the Dewan Rakyat was told. Home Minister Datuk Seri Syed ...
thestar.com.my

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Trucker warns others about theft after APU cover stolen for scrap ...


They were offering to buy aluminum cans, scrap copper and scrap metal for about 72 cents per pound. “So I figure the person who stole it probably made about ...
landlinemag.com

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Nucor unit buys American Compressed Steel The Business Journal of ...


The company has 112 employees and processes nearly 180000 tons of scrap per year. Secondary Resources, also based in Missouri, is a provider of scrap and ...
bizjournals.com

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Steel Prices To Peak In September


Long product prices have also risen over the same period thanks to higher scrap prices and strong demand from the Middle East, which helped restrict local ...
fnarena.com

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Global steel prices expected to peak before


Escalating scrap costs helped to propel prices higher. Strong demand from the Middle East redirected significant volumes away from western markets as ...
steelguru.com

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Steel prices dip lower in July


Meanwhile, global steel prices continues upward path within the month supported by steep scrap and billet prices. Chinese steel price has posted modest ...
steelguru.com

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Nucor Acquires American Compressed Steel


This acquisition represents another step in Nucor's previously announced plan to utilize DJJ as a platform for continued growth in the scrap processing ...
recyclingtoday.com

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Quincy Scrap Metal Thefts


Quincy police are trying to figure out who's stealing scrap metal from a couple of area businesses. An employee of the Burlington Junction Railroad says ...
khqa.com

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New Rules For Buying And Selling Scrap Metal


scrap metal law Ronald Hinton makes a drop at CMC recycling center about three times a month. Ronald Hinton, "Roofing is slow and when it's slow and this is ...
wdef.com

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Brisbane scrap metal fire still burning


Emergency services say a large fire in a scrap metal business on Brisbane's southside is likely to burn until it runs out of fuel. ...
abc.net.au

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Arrest made in scrap metal theft


27 when he foiled the get-a-way of an alleged local scrap metal thief, according to the sheriff's office Nutt was traveling west on Hanover Street when a ...
journal-news.com

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New State Law Cracks Down on Metal Thefts


Law enforcement officers are putting the heat on scrap metal businesses. On Wednesday they inspected area scrap businesses looking for ...
wrcbtv.com

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Thieves make merry as scrap metal prices shoot up


In fact, it is the steel demand from China that has pushed up the scrap metal prices the world over, if reports from various media are to be believed. ...
expressindia.com

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Lawmen Going Door-to-Door to Stop Metal Thieves


The thieves in turn resell the stolen "scrap" metal to various dealers. However a new law was recently passed placing new requirements on scrap metal ...
newschannel9.com

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Arrest made in Genesee County scrap metal thefts


An Oakfield man was arrested today on two felony counts of grand larceny following a nine-month investigation into thefts of scrap metal, ...
buffalonews.com

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Arrest made in Genesee County scrap metal thefts


An Oakfield man was arrested today on two felony counts of grand larceny following a nine-month investigation into thefts of scrap metal, ...
buffalonews.com

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Recycling scrap metal into "syngas" for clean energy


Massachusetts' Ze-gen takes scrap metal and construction debris and heats up the concoction to form synthesis gas. The "syngas" can then be used in place of ...
smartbrief.com

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Govt Reissues Scrap Metal Collector's Licence


The government has decided to reissue the scrap metal collector's licence on Aug 12 after a two-year freeze, ...
bernama.com.my

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Thursday, 28 August 2008
 

Gold rises as oil climbs, copper up as dollar eases


Nickel increased to $20550 versus $20300, while tin reversed an earlier gain and was last quoted at $20450/20475 from $20700. reuters.
dailytimes.com.pk

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UK Stocks Rise, Led by Commodities Producers; Shell Advances


Kazakhmys Plc, Kazakhstan's largest copper producer, gained 2.1 percent to 1339 pence as base metals including copper, lead and nickel advanced. ...
bloomberg.com

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Nickel plant cleared by province


According to the environmental impact statement, the operation will produce at least 50000 tonnes of nickel every year, along with 3270 tonnes of copper and ...
thewesternstar.com

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Wednesday, 27 August 2008
 

Metal thieves tapping beer kegs now


With the price of metal skyrocketing, thieves are getting more and more creative in their search for scrap metal....
khou.com

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UMCIL Recycles Scrap Iron and Steel


It is due to produce around 200000 t/yr of integrated iron and steel. The new plant’s team is currently working on obtaining enough scrap from Lusaka to ...
africaintelligence.com

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ISRI, ASC Battle Over Financing Issues


On the issue of rising prices for steel scrap, we also point out that the price of finished steel produced by the US steel industry has increased at a rate ...
recyclingtoday.com

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Nucor to start production at Arizona mill


Nucor acquired the idled mill from North Star Steel in 2003 for about $35 million. It took a $13 million charge for idling the mill's melt shop, where scrap ...
money.cnn.com

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Copper, Nickel Decline on Higher Stockpiles; Lead Erases Gain


Copper and nickel fell in London as increases in stockpiles stoked speculation that supplies are adequate to meet demand....
bloomberg.com

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Duluth Metals plans new processing project


Duluth Metals Ltd., one of four Canadian companies exploring copper and nickel deposits in Minnesota, is planning a $916 million project that would make it ...
startribune.com

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HudBay Announces NI 43-101 Mineral Resource Estimate for Lalor


... base metals mining company with assets in North and Central America and a focus on the discovery and production of nickel, zinc and copper metal....
foxbusiness.com

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Vale Inco nickel-processing plant gets green light from NL gov't


The mining giant wants to dump more than 400000 tonnes of tailings annually - including nickel, copper and cobalt - in nearby Sandy Pond in eastern ...
canadianpress.google.com

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African Eagle excited over results from Dutwa mine in Tanzania


African Eagle Resources has reported what it called received exciting early Nickel assay results from drilling at its Dutwa gold and base metals project in ...
smallcapnews.co.uk

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Strongbow Expands Nickel Mineralization at Koona and South Ring


Current exploration of the Nickel King project is part of Strongbow's ongoing evaluation of the nickel-copper-PGE potential of the Snowbird Tectonic Zone ...
marketwire.com

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Nettel Holdings Reports Progress on Tougi Scrap Metal Operation


Tougi Metals, a fully owned division of Nettel Holdings, Inc., in the past month alone, was able to open 5 additional metal scrap yards in Puerto Rico, ...
marketwatch.com

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