Southern Cross stars


Home
Services Provided
AMRIA Member
Industry Customers
Scrap General
Car Compaction
Factory Cleanouts
Machinery Removal
Custom Bins
Metal Fabrication
Can Cages
Our Location
email
Recent Posts

Indian Railways earns 9% more on scrap in 2008-09 Uxbridge invited to unload scrap metal City, private recyclers will accept a variety of y... SPRINGDALE : Labs cut as drug's purchase limited Trowbridge scrap metal dealer's Castle Combe victo... Emerging-Market Stocks Rise, Head for Six-Month Hi... Copper Rises on Speculation Chinese Demand to Drai... Copper Rises on Speculation Chinese Demand to Drai... UK Stocks Advance, Led by Banks; Barclays, RBS, Xs... Mixed trend in metal prices

Archive

August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 Current Posts

Powered by Blogger

Member of Australian Metal Recyclers Association
Southern Cross Metal Recyclers

Scrap Metal News

Latest scrap metal and recycling industry news.

Saturday, 29 November 2008
 

Hyundai makes second steel price cut in 1 month


... and falling prices of raw materials such as scrap metal. Hyundai (004020.KS: Quote, Profile, Research, Stock Buzz), the country's second-biggest steel ...
Reuters - USA

Labels:



 

Council's recycling not affected by drop in scrap metal prices


THE drop in value of scrap metal has not affected the Timaru District Council's ...
Timaru Herald - Canterbury, New Zealand

Labels:



 

Scrap metal market declines with souring economy


Mark Kamensky, president of EJ Knight Scrap Material Company, has seen a dramatic drop in scrap metal ...
Columbus Ledger-Enquirer - Columbus,GA,USA

Labels:



 

Chinese slowdown hurts scrap metal dealers in Kenya


They would take whatever we could offer them,” said Mr David Murai, the secretary general of the Kenya Iron and Scrap Metal Association (Kisma)....
Business Daily Africa - Nairobi,Kenya

Labels:



 

Trio face scrap metal charges


THREE Cumbrian men have appeared in court following a police operation targeting scrap metal raids. Peter Kane, 48, of Salterbeck Drive, Workington, ...
Times & Star - Workington,England,UK

Labels:



 

Fire in metal scrap yard quickly extinguished


By Tribune Staff • November 27, 2008 A pile of scrap metal at Steel Etc. caught fire Wednesday, but Great Falls firefighters were able to contain the blaze. ...
Great Falls Tribune - Great Falls,MT,USA

Labels:



 

UPDATE 1-Norilsk 9-month nickel output 218474 tonnes


Norilsk is the world's top producer of nickel and palladium and an important producer of platinum and copper. It said copper output rose to 316639 tonnes in ...
Forbes - NY,USA

Labels:



 

1.48% Nickel Over 21.9 Meters Enhances Langmuir Discovery Zone


The discovery hole intersected 1.14% nickel over 72.45 meters, including two separate heavily mineralized intervals of 2.23% nickel, 0.22% copper, ...
MarketWatch - USA

Labels:



 

China looks at buying metals for reserves-sources


If it goes ahead with purchases, the world's top consumer of copper and aluminium could end up importing more refined copper and nickel and cutting into ...
Reuters - USA

Labels:



 

European Stocks, US Index Futures Drop; Asian Shares Advance


Copper declined 2.5 percent on the London Metal Exchange, while platinum, nickel, tin and zinc also dropped. In Asia, Komatsu gained 6.9 percent to 1144 yen ...
Bloomberg - USA

Labels:



 

China Scrap Importers Renegotiate Contracts On Plunging Prices


Scores of scrap importers in the Shanghai area have closed or temporarily suspended operations as a result of the squeeze on steel prices, said Sun Zixiao, ...
Alibaba News Channel - New York,NEW YORK,USA

Labels:



 

Feng Hsin Steel raises up rebar and scrap


It is reported that China Taiwan Feng Hsin Iron & Steel Co has risen up its rebar and scrap prices by TWD 500 per tonne and TWD 1000 per tonne respectively ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

'Steel prices may not hit July peaks'


Steel scrap and some long-product prices have moved up recently. Can that be taken as a positive sign? You can say it is a positive sign but must be put in ...
Business Standard - Mumbai,Maharashtra,India

Labels:



 

Black Sea steel prices revival short lived


Turkish scrap dealers bought steel scrap at USD 290 per tonne to USD 300 per tonne on CIF basis up from USD 150 per tonne levels. Billet prices went up from ...
Cable and Wire Directory - UK

Labels:



 

Change of plans on Aud demolition


... replacing Ontario Specialty Contracting Inc., which backed away from the project as steel scrap prices dropped dramatically in the past few months. ...
Bizjournals.com - Charlotte,NC,USA

Labels:



 

Tough times for men of steel


The global financial crisis is putting the heat on scrap metal dealers around New Zealand. Metal prices have gone from all time highs to all time lows in ...
TVNZ - New Zealand

Labels:



 

Steelmakers gain on Asia-Pacific markets


Steel companies were relieved by BHP’s decision to scrap its Rio bid. In South Korea, the steelmaker Posco rose by 3.8 per cent to Won330,000 – in Seoul, ...
Financial Times - London,England,UK

Labels:



 

Base metal stocks such as Teck, Sherritt soar on investor confidence


Some analysts say the rally is also because traders believe the bottom has been reached for commodities such as copper, nickel and zinc, major industrial ...
The Canadian Press - VANCOUVER, B.C.

Labels:



 

Lead Falls to Two-Year Low as Auto Demand Slumps; Copper Drops


Aluminum fell $9 to $1791 and tin dropped $500 to $12500 a ton. Copper inventories gained 2375 tons to 288725 tons. Zinc slid $40 to $1220 a ton and nickel ...
Bloomberg - USA

Labels:



 

Temex intersects copper-nickel and VMS mineralization on GP2 ...


<< Highlights - Extensive anomalous copper-nickel mineralization over 80 metres in hole GP2-08-01. - Anomalous copper-zinc mineralization in three holes. ...
Canada NewsWire (press release) - Toronto,Ontario,Canada

Labels:



Friday, 28 November 2008
 

East West Makes Several New Discoveries on GP2 Property, Ring of Fire


Anomalous copper-nickel mineralization over 80 metres in hole GP2-08-01. - Anomalous copper-zinc mineralization in three holes. ...
MarketWatch - USA

Labels:



 

Loveland Project: Gold Discovery at Surface


The first gold discovery was found below the Cominco nickel-copper zone, one of two historic nickel-copper zones on the property, in the early fall of 2008. ...
MarketWatch - USA

Labels:



 

Duluth Metals' Nokomis economic, despite low metal prices


The entire complex – about 25 miles long and 3 miles wide -- hosts one of the world's largest undeveloped repositories of copper, nickel and platinum group ...
The Northern Miner (subscription) - Sudbury,Ontario,Canada

Labels:



 

China's MCC eyeing copper smelter in Philippines


T: Quote, Profile, Research, Stock Buzz), Japan's largest nickel producer, this month said it might delay construction of its Taganito nickel plant in the ...
Reuters - USA

Labels:



 

Copper rises on China rate cut, firm dlr caps gains


An official of PT International Nickel Indonesia Tbk, one of the world's top nickel producers, said the firm may cut output 20 percent next year....
Reuters South Africa - Johannesburg,South Africa

Labels:



 

GobiMin Announces Results of Third Quarter of 2008


Following the conclusion of the Transaction of disposal of its three nickel-copper mining properties, namely Yellow Mountain East, Xiangshan and Yellow ...
FOXBusiness - USA

Labels:



 

No winners among BHP, Rio shareholders - fund


Consumers of commodities still need time to work off massive inventories of unsold iron ore, copper, nickel and other raw materials, but that could be done, ...
guardian.co.uk - UK

Labels:



 

Tough times for men of steel


The global financial crisis is putting the heat on scrap metal dealers around New Zealand. Metal prices have gone from all time highs to all time lows in ...
TVNZ - New Zealand

Labels:



 

Man loses toe when metal falls from truck


A CUSTOMER'S toe has been severed by a piece of scrap metal that fell from a truck at a business west of Sydney. ...
The Australian - Sydney,Australia

Labels:



 

Fire at scrap-metal business quickly extinguished


By Tribune Staff • November 26, 2008 A pile of scrap metal at Steel Etc. caught fire on Wednesday but Great Falls firefighters were able to contain the ...
Great Falls Tribune - Great Falls,MT,USA

Labels:



 

Heavy Metal


Thieves are stealing everything from sewer covers to the wiring inside gas meters and trying to cash them in at city scrap metal facilities. ...
Chicagoist - Chicago,IL,USA

Labels:



 

Public lauds Grimmel scrap operation @Drop head:Conservation group ...


Longtime port critic Joel Carp was one of few opponents to the scrap metal operation that spoke Tuesday night and said the continued "rust dust" and damage ...
Foster's Daily Democrat - Dover,NH,USA

Labels:



 

Police clamp down on thieves who steal cars for scrap


POLICE are putting the clamp on market-savvy thieves who are using stolen cars to cash in on high scrap metal prices. A police operation aimed at western ...
Melbourne Herald Sun - Australia

Labels:



Thursday, 27 November 2008
 

Brief rally in Black Sea steel prices seen short-lived


... where scrap dealers bought steel scrap from $180 per tonne, predicting the market had bottomed-out, pushing the scrap price to around $280 per tonne. ...
Forbes - NY,USA

Labels:



 

BHP’s Failed Bid for Rio May Help Chinese Mills Depress Prices


Steel prices have plunged 40 percent from their peak, benefiting a nation where demand for the metal has been fueled by a 27 percent jump in spending on ...
Bloomberg - USA

Labels:



 

New contractor selected for Aud demolition


Titan Wrecking and Environmental, of Buffalo, the second lowest bidder, like Ontario did not want to take on the project due to the faltering scrap steel ...
Buffalo News - NY, United States

Labels:



 

Grossman Iron & Steel laid off 70


The company, located at 5 N. Market St., buys, sells and processes scrap iron and steel. It is a family-owned business operating since 1920, according to ...
Bizjournals.com - Charlotte,NC,USA

Labels:



 

Maybe your AC is safe now


Charlotte police and scrap-yard operators say the trend is reversing as the price of copper and other common metals, such as aluminum and steel, ...
CharlotteObserver.com - Charlotte,NC,USA

Labels:



 

BHP Billiton scraps approach for Rio Tinto


Steel makers had been strongly opposed to the takeover, fearing it would send iron ore prices rocketing as the combined group became the dominant player in ...
MarketWatch - USA

Labels:



 

Downturn crushes scrap metal industry


1 heavy melting steel scrap delivered to their facilities, far less than the $520 per gross ton paid in July. Garino said a turnaround in the prices of ...
The Tennessean - Nashville,TN,USA

Labels:



Wednesday, 26 November 2008
 

Hughes Exploration company hits gold while drilling for copper, nickel


"It's parallel to the copper-nickel but right beside it just a little further on in the depth of the hole. We not only have copper-nickel but this gold zone ...
Timmins Daily Press - Timmins,Ontario,Canada

Labels:



 

Copper Declines From One-Week High on Global Economy Concerns


Among other LME-traded metals, aluminum added 0.2 percent to $1804.25 a ton, tin fell 3.1 percent to $12400 and nickel dropped 1.6 percent to $10500. ...
Bloomberg - USA

Labels:



 

Loveland Project: Exploration Update


All three holes intersected significant copper and nickel mineralization, with the third hole (AMDG-03) intersecting three higher grade intersections within ...
MarketWatch - USA

Labels:



 

Manicouagan Reports Significant Rhodium Values From Drill Core ...


Drilling carried out to date by Manicouagan has now traced the nickel, copper and PGE mineralization at the Bob Prospect for approximately 200 metres along ...
MarketWatch - USA

Labels:



 

Xinxin Mining to Buy 3 Xinjiang Nickel-copper Mines


Moreover, Xinxin Mining is engaged in producing nickel cathode and copper cathode. It expects to supply about 70% of the nickel and copper resources that it ...
Trading Markets (press release) - Los Angeles,CA,USA

Labels:



 

Mixed trend in metal prices


Prices of brass, nickel, aluminium and copper sheets cutting declined in a mixed non-ferrous metal market here today in the absence of demand from ...
TMC Net - Norwalk,CT,USA

Labels:



 

Junior miner soars on nickel/copper sale


... and purchase agreements with Xinjiang Xinxin Mining Industry Co. to dispose of its three nickel-copper mining properties, namely Yellow Mountain East, ...
Stockhouse - Vancouver,BC,Canada

Labels:



 

Deal said to be no longer in shareholders' interests after ...


Separately, the mining group said it would take a pretax impairment charge of around $2.1 billion on its Ravensthorpe and Yabulu nickel operations due to ...
MarketWatch - USA

Labels:



 

Scrap metal operation critics get say today at hearing


Opponents of the scrap metal operation at the Port of New Hampshire will have a chance to speak at a public hearing at City ...
Foster's Daily Democrat - Dover,NH,USA

Labels:



 

Scrap Metal Yards At Western Edge Of City Moving North


The scrap metal will be processed down to the original alloy and recycled. (STEPHEN DUNN / HARTFORD COURANT / November 24, 2008) More than a few undesirable ...
Hartford Courant - United States

Labels:



 

Prices plummet for recycled materials


But there's only so much cardboard and scrap metal anyone can hold onto." Tom Adamek, general manger of Green Star North America on Neville Island, ...
Pittsburgh Tribune-Review - Pittsburgh,PA,USA

Labels:



 

Thieves trashing cars for scrap metal


Car thieves who trash the vehicles they steal to sell the scrap metal are being targeted by Victoria police in a major campaign. In the last financial year, ...
Ninemsn - Sydney,New South Wales,Australia

Labels:



 

Operation Venice putting the brakes on Melbourne's car thieves.


Victoria Police is putting the brakes on car thieves with a successful operation targeting offenders who steal cars and sell the scrap metal overseas. ...
Australia.TO - Sydney,NSW,Australia

Labels:



 

Artist transforms scrap metal into scuplture


Prior to making the grasshopper, Meyer created a butterfly and praying mantis with scrap metal, so this is not the first time he has worked with junkyard ...
Gainesville Sun - Gainesville,FL,USA

Labels:



 

Analysts continue to revise 2009 nonferrous price forecasts; steel ...


And still other sources are also reporting an uptick in bushelings (at $220, delivered) and No.1 heavy melting scrap or HMS (at $130 - $200). Prices are all ...
Purchasing.com - Newton,MA,USA

Labels:



 

Steel prices tumble on mine, factory slowdown


But Nyembezi-Heita was also confident that prices were bottoming with scrap-steel prices — an early indicator for steel — edging higher recently. ...
Business Day - Johannesburg,South Africa

Labels:



 

Turning refuse into revenue


Scrap aluminum prices, for example, have fallen from more than $1 a pound over the summer to less than 60 cents a pound today. “Those were the good old days ...
News Sentinel - Fort Wayne,IN,USA

Labels:



 

Shredded metal prices could cut crime


There's no work for me there, so I've been hauling scrap," Daniels said. But the drive in is hardly worth it anymore. Steel, aluminum, appliances, copper ...
Winknews.com - Fort Myers,Florida,USA

Labels:



Tuesday, 25 November 2008
 

Metal thefts declining as copper prices fall


Traffic at SA Recycling in Fontana has decreased 70 percent since about late August, when the price of scrap metal abruptly began to drop, said General ...
Press-Enterprise - Riverside,CA,USA

Labels:



 

Enforcement, plunging price drive down Hawaii copper thefts


After a frenzied peak around September, prices for scrap metal nosedived to some of their lowest levels in eight to 10 years. The decline is a global one, ...
Honolulu Advertiser - Honolulu,HI,USA

Labels:



 

Metal thefts decline, house break-ins rise


Copper and scrap metal thefts in the city have declined over recent months, but police are seeing ...
Worcester Telegram - Worcester,MA,USA

Labels:



 

Landfill 'should be last resort'


The price of scrap metal has fallen by three quarters from its summer peak , and scrap iron prices have dropped by as much as 90%. The chairman of the LGA's ...
BBC News - UK

Labels:



 

New laws meant to prevent metal thefts have critics


Providing the print is an extra safeguard against thieves who use bogus IDs to scrap stolen metal, lawmakers have said. Authorities will not be able to ...
Press-Enterprise - Riverside,CA,USA

Labels:



 

Police tell owners to put markings on metal items


Under the new state law, local law enforcement can provide scrap yards with a list of people known to deal in stolen scrap metal. The scrap yards are then ...
Youngstown Vindicator - Youngstown,OH,USA

Labels:



 

Chairman`s Address to Shareholders


More recently, we have announced an agreement with Scholz, a global scrap metal recycler and trader. As part of the agreement, Scholz will acquire 45 ...
Sydney Morning Herald - Sydney,New South Wales,Australia

Labels:



 

Police tell owners to put markings on metal items


Warren Police Detective Justin Soroka has a thick file of scrap-metal-related thefts that gets a little thicker daily. ...
Youngstown Vindicator - Youngstown,OH,USA

Labels:



 

Tennessee: Area Copper Thefts Decrease As World Prices of Metal Fall


Mark Seaton, the manager of Seaton Iron and Metal Co. in Athens, Tenn., said legitimate scrap-metal sellers, or scrappers, are holding back as well. ...
istockAnalyst.com (press release) - Salem,OR,USA

Labels:



 

World market forces crush can collectors’ profits


Waiting lines have since dwindled along with the scrap metal’s price per pound, a symptom of the ailing automotive and housing industries that use aluminum ...
Arkansas Democrat Gazette - AR,USA

Labels:



Monday, 24 November 2008
 

After record profits, steel shaken by sudden drop


The drop in demand has pulled down prices. Scrap steel, used by steel mills, recently slid to about $90 per gross ton after trading around $550 in July. ...
The Associated Press

Labels:



 

Steel scrap buyers in Punjab renegotiating


PTI this week reported that importers of steel scrap in Punjab have started renegotiating the contracted prices with their foreign sellers as the rates of ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Lower metal prices slow thefts


Martin said officers in the police burglary bureau's scrap metal unit attribute the drop to several factors, including new state legislation restricting ...
Memphis Commercial Appeal - Memphis,TN,USA

Labels:



 

State legislation aims to put crimp on stolen metals


The law limits scrap metal dealers to the purchase of no more than one catalytic converter per day from any one person and specifically names items that ...
Youngstown Vindicator - Youngstown,OH,USA

Labels:



 

Scrap dealers make another plea to govt


SSMRA President Jennifer Hiew in a statement, Friday said it would be the only assurance for scrap metal dealers to continue to trade freely in the State. ...
Daily Express - Kota Kinabalu,Sabah,Malaysia

Labels:



 

Falling metal prices slow scrap business


While the falling price of copper is bad news for scrap-metal operators, there is a silver lining of sorts. The Sangamon County Sheriff’s ...
The State Journal-Register - Springfield,IL,USA

Labels:



 

Man Arrested for Stealing Scrap Metal


Police say a man was arrested for stealing scrap metal in Easton on Wednesday. Deputies from the Talbot County Sheriff's Office arrested Jason ...
WBOC TV 16 - Salisbury,MD,USA

Labels:



 

Police warn of increased metal theft


In some cases, thieves have taken entire cars for their scrap metal. Investigators blame drug use, a slowing economy and the instant cash profit received at ...
WAVY-TV - Portsmouth,VA,USA

Labels:



 

Cape carthorses pay price of cheap metal


Carthorses used to transport scrap metal are increasingly being abandoned by their owners because of a sharp decline in the industry....
Independent Online - Cape Town,South Africa

Labels:



Saturday, 22 November 2008
 

Nucor a Scrappy Performer


Nucor Corporation (NUE) is the nation’s largest recycler of steel scrap. Long-term contracts, constant cost reduction efforts, higher steel prices, ...
Zacks.com - Chicago,IL,USA

Labels:



 

In need of cash, states auction goods online


The state is selling things like lab supplies, scrap metal and a lot of World War II steel helmets. Like most other states, New York also holds traditional ...
The Associated Press

Labels:



 

Steel prices at their low


Metal scrap prices won’t fall, energy will become more expensive. “Steel bars prices have reached their bottom. Flat steel may fall”, Grzegorz Dolkowski, ...
Puls Biznesu - Warszawa,Mazowsze,Poland

Labels:



 

Chinese domestic steel price posts six year


Domestic ore concentrate, scrap and coke price all have lost over 30% within the month. It is said that falling raw materials price would shatter the ground ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Fact-finding mission to China proves fruitful


... there has been a lot of turmoil in the steel market over the past few months, including the drastic reduction in the price of steel and scrap steel. ...
Creamer Media's Engineering News - Garden View,South Africa

Labels:



 

Shanghai Copper Futures Slump by Daily Limit to Four-Year Low


Among other LME-traded metals, aluminum was down 1.1 percent at $1765.25 a ton, zinc was 4.2 percent lower at $1130, lead fell 1.3 percent to $1170, nickel ...
Bloomberg - USA

Labels:



 

HudBay and Lundin Announce Friendly Business Combination


Combined 2007 actual metal production of 187115 tonnes of copper, 278289 tonnes of zinc, 44560 tonnes of lead, 3270 tonnes of nickel, 102587 ounces of gold, ...
MarketWatch - USA

Labels:



 

Slow economy put giant mines in a hole


Xstrata PLC announced plans to close two nickel mines in Northern Ontario. Alcoa Inc. has so far cut about 15 percent of its annual capacity. ...
Salt Lake Tribune - United States

Labels:



Friday, 21 November 2008
 

Continental Nickel Intersects More High Grade Nickel at Three ...


Highlights include 9.0 metres grading 4.38% nickel and 0.72% copper, including 7.80% nickel and 1.16% copper over 4.6 metres from drill hole NAD08-103 at ...
MarketWatch - USA

Labels:



 

UPDATE 1-Norilsk CEO: no 2008 dividends, lower profit


He added that Norilsk would produce 380000-390000 tonnes of copper in 2009. In 2007, the company produced 234454 tonnes of nickel in Russia and 404465 ...
Reuters - USA

Labels:



 

UPDATE 6-Copper, aluminium hit 3-yr lows on slow demand


Several miners have announced project delays, suspensions and mine closures, with the latest one coming from the world's biggest nickel producer, ...
Reuters - USA

Labels:



 

Listed miners Apex, Dizon Copper cut losses in Q3; Atlas doubles ...


"The increase in losses were attributed to the drop in sales volume of laterite nickel ore, coupled with the recognition of unrealized foreign exchange ...
BusinessWorld Online - Quezon City,Philippines

Labels:



 

UPDATE 3-Copper and aluminium hit 3-yr lows on slow demand


... Nov 20 (Reuters) - Aluminium and copper touched more than 3-year lows on Thursday after hefty rises in warehouse stocks and zinc, tin and nickel fell ...
Reuters - USA

Labels:



 

Vehicles vulnerable


Lewon believes a dip in metal prices, more than anything else, has helped curtail catalytic converter thefts. One theft prevention tactic: Scrap metal ...
Salt Lake Tribune - United States

Labels:



 

Scrap metal not so golden any more


Jackson Citizen Patriot David Dunigan, president of Liberty Environmentalists, which hauls its scrap metal to Omnisource, said scrap ...
The Jackson Citizen Patriot - MLive.com - Jackson,MI,USA

Labels:



 

Scrap Metal Prices Falling


These separate changes are affecting those who work in the scrap metal industry. Their job is to take products people don't want and turn it into something ...
Ozarks First - Springfield,MO,USA

Labels:



 

Bell stolen from Burnley hospital by scrap metal thieves


A HUGE bell was stolen by suspected scrap metal thieves from an historic hospital tower. Bosses at Burnley General Hospital fear the ...
This Is Lancashire - Blackburn,England,UK

Labels:



 

Gas tanks exploding at Arkoma scrap metal yard


The More than 200 rounds of military ammunition, sent to the yard as scrap metal, had been stored there for more than 15 years, according to authorities. ...
KFSM - Fort Smith,AR,USA

Labels:



 

Suffolk agrees to sell scrap metal at former missile base


“The price of recyclable scrap metal has increased markedly in recent years” and the “sale of the old scrap metal presently sitting at BOMARC has a ...
27east.com - Southampton,NY,USA

Labels:



 

'Urban miners' scrap plans to steal metals


A steep drop in scrap metal prices has translated to a drop in crime, Des Moines police say. ...
DesMoinesRegister.com - Des Moines,IA,USA

Labels:



 

Financial crisis hits scrap metal market


Scrap Metal Recyclers co-owner Viv Lory said the Masterton company has already laid off three workers with another yet to go from an original team of seven ...
Wairarapa Times Age - Masterton,New Zealand

Labels:



 

2008 China Comes to Vegas Conference Presenter Profiles


Beginning in Q2 2009, Armco expects to begin operations in its metal recycling and scrap metal supply. The recycling facility is expected to be capable of ...
MarketWatch - USA

Labels:



 

Market for scrap metal takes a hit


Recycling scrap metal used to be a lucrative a business, but that has changed just in the last month. Just six months ago, ...
KTUU - Anchorage,AK,USA

Labels:



 

4 Investigates: Local scrap yards a market for copper thieves


At the second location, Poland Scrap Metal in New Orleans, the Eyewitness News employee pulled up to the location and unloaded his SUV. ...
WWL - New Orleans,LA,USA

Labels:



 

Sims forecasts profit to rise up to 37%


Sims Group Ltd, the world's largest scrap metal recycler, expects first half net profit to increase by as much as 37 per cent as metals prices rise from ...
The Age - Melbourne,Victoria,Australia

Labels:



 

Two Lee County men charged with marine scrap metal theft


Charges of stealing marine scrap metal and reselling it have been leveled against two Lee County men. ...
Marco Eagle - Marco Island,FL,USA

Labels:



Thursday, 20 November 2008
 

US scrap processors feel pinch of steel


Platts reported that scrap yard workers are losing jobs as the financial crises tightens its grip on the US steel sector, squeezing demand and production as ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Construction Materials Prices drop 2.8% in October


The drop in raw commodity prices has yet to flow through fully to processed and manufactured construction materials. Steel scrap fell 38% and copper scrap ...
Reed Construction Data - Norcross,GA,USA

Labels:



Wednesday, 19 November 2008
 

Global Barriers to Trade in Raw Materials: 'Raw Deal' Examines ...


"And while steel scrap prices have fallen sharply in recent months, this is not a reason to stop our efforts to remove these barriers. ...
MarketWatch - USA

Labels:



 

Drop in demand puts squeeze on steelmakers


Scrap prices vary according to the metal and the quality. But many contracts for scrap steel were formed when spot prices were triple what they are now. ...
The Australian - Sydney,Australia

Labels:



 

Producer Price Index Declines 2.8% in October


Prices for carbon steel scrap dropped 39.8 percent after decreasing 22.5 percent in September. The indexes for nonferrous scrap, wastepaper, soybeans, ...
123Jump.com - Miami Beach,FL,USA

Labels:



 

Thefts Fall As Copper Prices Drop


Prices are dropping. "The big picture is the worldwide demand for all of the metals like copper, aluminum, steel has dropped drastically and the prices have ...
NewsChannel5.com - Nashville,TN,USA

Labels:



 

International Nickel Ventures Corporation Implements Shareholder ...


... Santa Fe-Ipora nickel laterite deposits located in Goias State, Brazil; (2) the Montcalm nickel-copper property located contiguous to Xstrata Nickel's ...
MarketWatch - USA

Labels:



 

Pacific North West Capital Corp. - John Londry, Vice President ...


Dr. Jonathan Findlay, Ph.D., P.Geo., brings with him 20 years of industry experience, primarily focused on Copper-Nickel-Platinum Group Metal deposits in ...
MarketWatch - USA

Labels:



 

Australia mine shuts as nickel price tumbles


Straits Resources earlier on Tuesday said its Australian copper mine was barely operating above the price of copper, sparking a review of the mine's future.
Reuters - USA

Labels:



Tuesday, 18 November 2008
 

Scrap metal dealers will stay: Hajiji


Kota Kinabalu: Local Government and Housing Minister Datuk Hajiji Noor on Monday assured scrap metal dealers in the State that the Government would never ...
Daily Express - Kota Kinabalu,Sabah,Malaysia

Labels:



 

Bottom falls out of scrap metal market


THE East London scrap metal market has been turned on its head since the financial crisis caused metal prices to tank last month. ...
Dispatch Online - South Africa

Labels:



 

Scrap Metal Prices Plunge; Recyclers Under Strain


Peterson has been in the scrap business for over two decades. He says the prices for scrap metal haven't just fallen…they've collapsed. ...
KIMA CBS 29 - Yakima,WA,USA

Labels:



 

Scrap metal suffers


One way is recycling scrap metal and some have even turned to scrap metal theft to pad their wallets, but even that industry is taking a hit. ...
WWMT - Kalamazoo,MI,USA

Labels:



 

HPD: Lower copper prices putting a chill on metal theft


But there is a flipside to all the bad news in the scrap metal business. HPD said metal theft is on its way down, too. Police are reporting a drastic ...
Texas Cable News - Dallas,TX,USA

Labels:



 

'I earn only $2 to $3 a day,' says one


Pointing to a 20kg plastic bag of assorted low-grade scrap metal, he said: 'This used to be worth $8 a few months ago, more than enough for a good meal. ...
Electric New Paper - Singapore,Singapore

Labels:



 

China Armco Metals Reports Record Financial Results for the First ...


a distributor of imported metal ore and a growing scrap metal recycler, today announced the Company's financial results for the third quarter of 2008. ...
MarketWatch - USA

Labels:



 

Newburgh asks others to help pay EPA bill


Environmental Protection Agency crews are using cranes to remove scrap metal from a contaminated site near Newburgh’s waterfront. ...
Times Herald-Record - Middletown,NY,USA

Labels:



 

Copper falls 3 pct on firm dollar, economic woes


"Zinc and nickel have been out of favour for some time ... even copper, where supply disruptions have been so prevalent in recent years, looks set to drift ...
Forbes - NY,USA

Labels:



 

Metals may probe further lows


Inventory levels of aluminium, copper, nickel and zinc are rising. Producers have announced output cuts. Zinc, nickel and aluminium have seen the largest ...
Hindu Business Line - Chennai,India

Labels:



 

Copper falls 3 pct as recession woes persist


Nickel was at $10645 versus $11000 on Friday while lead was down $31 at $1319, and zinc at $1170, from $1200. Tin slipped $275 to $13625. ...
Forbes - NY,USA

Labels:



 

Giant Mines Scramble to Cut Output


That pushed down prices of copper, zinc and nickel more rapidly than in previous downturns. Five years ago, nickel was selling for about $9000 a metric ton. ...
Wall Street Journal - USA

Labels:



 

JSW Steel to revive long-product output from Dec 1


Scrap prices have risen about 54 percent to $300 a tonne over two weeks, Rao said, while steel billets on the London Metal Exchange were quoting around $100 ...
Reuters India - Mumbai,India

Labels:



 

AGM - OneSteel 2008 Chairmans Address and MD`s Presentation


... international steel prices, steel raw materials prices and ferrous scrap prices due to very strong demand from both international and domestic markets. ...
Sydney Morning Herald - Sydney,New South Wales,Australia

Labels:



 

Mixed fortunes for Staffordshire firms as metal prices fall


... after oil, steel and copper soared to record highs in the summer. Scrap merchant The Metal Exchange, based on Brookhouse Road, Cheadle, ...
stoke & Staffordshire - Stoke-on-Trent,England,UK

Labels:



Monday, 17 November 2008
 

Industry scraps economy


Today's example of how the world's economy is connected, and how a lot of people are hurting because of it: the scrap metal industry....
York Daily Record - York,PA,USA

Labels:



 

Fall In Demand For Steel In China Causes Prices To Plummet


Scrap metal collectors are grappling to sell the items to local dealers who have stopped accepting them due to ...
Bru Direct - Brunei Darussalam

Labels:



 

Hiroshima historian returns fragments of shot-down bomber to loved ...


At the time, there was a scarcity of just about everything and metal was a rarity for the villagers, Mori said. But the military also needed scrap metal and ...
Stars and Stripes - Washington,DC,USA

Labels:



 

Recycling Plant Can't Sell Scrap Metals


The mounds of scrap metal at Newell Recycling of El Paso at 6800 Market Ave. continue to grow with inoperable cars, washing machines, ...
KFOXtv.com - El Paso,TX,USA

Labels:



 

Selangor lifts ban on scrap metal licences


The Pakatan Rakyat government in Selangor has reversed a ban on the issuance of scrap metal licences imposed by the previous state ...
Malaysia Star - Malaysia

Labels:



 

Metal thefts a vexing problem in Tri-City area


The most popular target for metal thieves is construction sites, he said. Todd Jegglie, a superintendent with Standard Pacific Homes, has been working on ...
Oakland Tribune - Oakland,CA,USA

Labels:



 

Crisis causing prices of resources to drop


The price of scrap iron, which is used to produce construction steel, rose to nearly 70000 yen per ton in July. However, as exports to South Korea and other ...
The Daily Yomiuri - Osaka,Japan

Labels:



 

Poor steel demand may lead to production cuts: Rastogi


... to 8 per cent from the present 14 per cent. The industry also demanded that 5 per cent import duty on stainless steel scrap should be brought to nil. — PTI.
Hindu - Chennai,India

Labels:



 

US steel beams prices are falling


Metals analyst Mr Mike Gambardella at Merrill Lynch & Co said that "Steel market conditions remain challenging and suggests that price levels in the fourth ...
SteelGuru - Gurgaon,Haryana,India

Labels:



Sunday, 16 November 2008
 

Is the Steel Industry Going Downhill From Here?


Steel prices haven't declined as much as ferrous scrap prices, and this should help support the profitability of minimills (such as Nucor and Steel Dynamics ...
Morningstar.com - Chicago,IL,USA

Labels:



 

Price of recyclables is down in dumps


Jeff Bauer, general manager of Akron's Metalico Annaco scrap yard, said the decline in prices was sudden. ''It was a big crash . . . and it's hit everyone ...
Akron Beacon Journal - Akron,OH,USA

Labels:



 

Luxury Watch Created With Moon dust and Spacecraft Scrap


In the past, Romain Jerome has done a Titanic-DNA collection using steel and coal from the remains of the ill-fated ship. Romain Jerome will make 1969 Moon ...
Wired News - USA

Labels:



 

Locals join in national effort


... corrugated cardboard, plastic bottles, aluminum and steel cans, scrap metal. Separate the scrap metal and separate and bag the newspapers and magazines. ...
Fremont News Messenger - Fremont,OH,USA

Labels:



 

Maine recycling efforts falling on hard times


Not everyone is sad about the scrap prices. Katahdin Paper in East Millinocket is a primary buyer of ecomaine's recycled newspapers. ...
Central Maine Morning Sentinel - Augusta,ME,USA

Labels:



 

Indian Shares Fall on Demand Concern; Tata Steel Declines


Steel Authority may lower production as consumers delay purchases of homes and cars, driving down steel demand and prices, Steel Secretary Pramod Rastogi ...
Bloomberg - USA

Labels:



 

One step closer to age of nanowire transistors?


There is work by multiple groups world wide on catalysts, with Copper, Nickel and Aluminum are among the most prominent. Copper and Nickel are interesting, ...
CNET News - San Francisco,CA,USA

Labels:



 

International Royalty Corporation reports third quarter results


... Gold is in thousands of ounces; nickel, copper and cobalt are in thousands of contained pounds in concentrate, thermal coal is in thousands of tonnes. ...
MarketWatch - USA

Labels:



 

Recycling feels the pinch


With a global building boom fueling record prices for scrap metal, recycling centers paid top dollar for chunks of aluminum, brass, copper and stainless ...
Peoria Journal Star - Peoria,IL,USA

Labels:



 

Scrap Metal Prices Fall, Bringing Down Thefts


Scrap metal yards across the country are reporting much lower supplies of scrap copper and aluminum. Bad news for their business and thieves, good news for ...
WEHT-TV, IN - Evansville,IN,USA

Labels:



 

Export ban on scrap iron lifted


Normally, Kin Kee collects about 30000 tonnes of scrap metal per month. The local scrap metal price is now at par with international price at US$180 per ...
Malaysia Star - Malaysia

Labels:



 

Metal Prices Take Major Dive


Thomas Lawson says loading up his pickup with scrap metal would make him more than $50, now he's lucky to get $15. He relies on that cash to pay for ...
WYMT - Hazard,KY,USA

Labels:



 

Hurlock Man Arrested for Scrap Metal Theft


Maryland State Police on Friday arrested a Hurlock man accused of stealing scrap metal back in June. Forty-eight-year-old Bryon Keith Leavy is ...
WBOC TV 16 - Salisbury,MD,USA

Labels:



 

Scrap metal thefts slashed


DOZENS of suspected scrap metal thieves have been arrested and thousands of pounds worth of goods recovered in a major police operation. ...
Northern Echo - Darlington,England,UK

Labels:



 

Sharp recovery in metal prices


Nickel shot up by Rs 25 per kilo to Rs 765, copper utensils scrap by Rs 22 per kilo to Rs 231, tin by Rs 10 per kilo to Rs 870, copper sheets cutting by Rs ...
Hindu Business Line - Chennai,India

Labels:



 

Petrol and metal thefts reduced


“There has also been a high profile operation carried out by Widnes Neighbourhood Policing Unit with regard to the theft of scrap metal. ...
Runcorn and Widnes Weekly News - Runcorn and Widnes,Cheshire,UK

Labels:



 

Scrap metal thefts slashed


DOZENS of suspected scrap metal thieves have been arrested in a major police operation across Darlington and south Durham. ‘Operation Hansel’ was drawn up ...
Journal Live - Newcastle upon Tyne,UK

Labels:



 

City council, public to offer opinions on scrap metal contract


TThe Pease Development Authority is asking the public for their opinion on whether to renew the scrap metal contract with Grimmel Industries or seek other ...
Your Metal News (press release) - Aberdeen,UK

Labels:



Saturday, 15 November 2008
 

UPDATE 1-China to scrap export tax on cold-rolled steel


The world's largest steel exporter will also scrap export taxes on hot-rolled steel, section steel and steel rods and wires, according to a document posted ...
Forbes - NY,USA

Labels:



 

Lundin Mining Releases Third Quarter Results for 2008


The inventory levels of copper, zinc and nickel on the LME all increased during the third quarter of 2008 compared to the second quarter of 2008, ...
MarketWatch - USA

Labels:



 

Annual Report to shareholders


Barnes Hill nickel laterite project, Australia - opportunity to develop project
subjecttocompletionfdetaileddrillingoftheresourcebytheCompany'sproject ...
Sydney Morning Herald - Sydney,New South Wales,Australia

Labels:



 

Shanghai Copper Surges Limit on Dollar Decline, Stocks Rebound


14 (Bloomberg) -- Copper jumped by the exchange- imposed daily limit in Shanghai, tracking moves in London, as a drop in the dollar may boost Chinese demand ...
Bloomberg - USA

Labels:



 

Elkview Man Sentenced for Defrauding Former Employer


The case involved the extraction and sale of platinum contained in scrap parts he stole from his former employer NGK Sparkplugs. Olivio was involved in the ...
WOWK - Huntington,WV,USA

Labels:



 

Durham Police operation targets scrap metal thieves


Dozens of suspected scrap metal thieves have been arrested in a major police operation across Darlington and south Durham. ‘Operation Hansel’ was drawn up ...
Journal Live - Newcastle upon Tyne,UK

Labels:



Friday, 14 November 2008
 

Uganda: Regulate Scrap Metal Dealers


The residents said such a move will deter school-going children from engaging in scrap metal collection fuelled theft. "These children have started stealing ...
AllAfrica.com - Washington,USA

Labels:



 

Low scrap prices may delay Aud demolition


The bid was put together in late summer as scrap steel prices soared to a record-high $900 per gross ton for the highest quality metal. ...
Buffalo News - NY, United States

Labels:



 

Home truth: Meltdown in steel capital of Punjab


Since most of secondary steel producers here bought the raw material (iron scrap) at high rates and the cost of making ingots or rolled products was also ...
Chandigarh Tribune - India

Labels:



 

AK Steel to idle workers at Middletown plant


Scrap metal has dropped a tremendous amount and normally that would be good news, but it's absolutely not right now because it indicates demand for steel is ...
Middletown Journal - Middletown,OH,USA

Labels:



 

Turkish Steel Plants Halt Exports To Saudi Arabia - Report


Turkish steel factories rely heavily on the use of scrap for steel manufacturing and the global prices of scrap have increased to $300 a ton in the last ...
Alibaba News Channel - New York,NEW YORK,USA

Labels:



 

For the Digitally Deceased, a Profitable Graveyard


... at e-Scrap Destruction. More Photos > Inside a chamber covered to prevent flying debris, the machine’s steel blades noisily chew through the components, ...
New York Times - United States

Labels:



 

Deliver on time, steel buyers tell suppliers


Although domestic demand has been soft and stockpiles have increased, mills have raised prices dramatically to offset higher costs of scrap, ...
Purchasing.com - Newton,MA,USA

Labels:



 

Lundin Mining Provides Aljustrel and Neves-Corvo Operations Update


... diversified base metals mining company with operations in Portugal, Spain, Sweden and Ireland, producing copper, nickel, lead and zinc. ...
MarketWatch - USA

Labels:



 

Copper falls to 3-yr low on weak demand outlook


... nickel fell 18 percent but zinc output rose 3.6 percent. [ID:nHKG339295] Despite the cuts by producers, mostly Chinese smelters, stocks of copper in LME ...
Reuters - USA

Labels:



 

Continental Minerals awaiting govt OK on Tibet mine


Ore from the Xietongmen mine will be transported thousands of miles to be processed by smelters owned by state-owned nickel and copper producer Jinchuan ...
Reuters - USA

Labels:



Thursday, 13 November 2008
 

Watchdog warn of mountains of bottles and scrap metal by the roadside


By Louise Gray, Environment Correspondent Scrap metal will also be dumped on roadsides, the agency predicts. The economic downturn and the end of the ...
Telegraph.co.uk - United Kingdom

Labels:



 

Police Arrest Duo for Attempting to Steal Scrap Metal


The Wicomico Sheriff's Office say they arrested two people after the suspects attempted to steal scrap metal from a warehouse in Hebron on ...
WBOC TV 16 - Salisbury,MD,USA

Labels:



 

Scrap metal thieves hit Windsor park


"Now that the value (of scrap metal) is down, we're not hearing about as many," he said. Bob Lapham, a worker at West Coast Metals in Windsor, ...
Santa Rosa Press Democrat - Santa Rosa,CA,USA

Labels:



 

Scrap traders feel the crunch


FOR three years, Mr Chua Chuan Soon has been supporting his wife, three children and himself by collecting scrap metal. ...
Straits Times - Singapore

Labels:



 

GobiMin sells its three Chinese nickel-copper properties in deal ...


GobiMin Inc. (TSXV:GMN) is selling its three nickel-copper properties in China to Xinjiang Xinxin Mining Industry Co., a major Chinese nickel producer. ...
Your Mining News (press release) - Aberdeen,UK

Labels:



 

Market Watch November 11: Back on the dipper


In metals Copper Nickel, Zinc all came back to earth. This made for unpleasant viewing for investors in Norilsk Nickel (down 11.36%), and Polyus Gold (down ...
RT - Moscow,Russia

Labels:



 

Railroad seeks better price


It asked the port to submit a revised figure for the scrap value, based upon steel prices on Oct. 31, the date of the order. The port placed a value of $7.9 ...
NRToday.com - Roseburg,OR,USA

Labels:



 

JSW Steel sees steel demand reviving by Dec-end


The company is focusing on selling steel scrap in the market through auctions to enhance its working capital finance, he said. Its scrap sale fell last ...
Reuters India - Mumbai,India

Labels:



 

Universal Stainless falls after Q4 outlook cut


... stainless steel products declined and brought raw material prices lower. During October the average market prices for nickel, chrome and carbon scrap ...
Reuters - USA

Labels:



 

Steel prices in UAE rise as Turkey hikes rates by 50 per cent


They are saying the increase has become mandatory following a hike in the prices of scrap," said Shyam Bhatia of Alam Steel. Steel prices in the UAE had ...
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates

Labels:



Wednesday, 12 November 2008
 

Scrap metal collectors lose business due to price drop


"Only three of our 27 vendors are currently out there working to buy scrap metal and other junk in nearby housing complexes," Erik said. ...

Labels:



 

City council, public to offer opinions on scrap metal contract


By Adam Leech PORTSMOUTH — The Pease Development Authority is asking the public for their opinion on whether to renew the scrap metal contract with Grimmel ...
Dover Community News - Dover,NH,USA

Labels:



 

Suffolk County considers selling its scrap metal


William Lindsay, presiding officer of the Suffolk Legislature, believes Suffolk County could make millions of dollars selling scrap metal ...
27east.com

Labels:



 

UN agency warns about nuclear scrap contaminating consumer goods


... a UN team that tracked radioactive metal shipments in Europe. Prices for scrap steel quadrupled to $665 a ton in Rotterdam during the past five years. ...
International Herald Tribune - France

Labels:



 

Caught On Tape: Metal Thieves Cost You Tax Dollars


They're often sold to scrap metal dealters—like we did with our hidden cameras. "There's nothing else I can say. Ask you to leave this is private property. ...
CBS 2 - Los Angeles,CA,USA

Labels:



 

Namibia: Telecom Takes Scrap Metal Dealers to Task


Ndoroma came down hard on scrap-metal dealers. "As much as we would like to believe that the recycling business in Namibia is a selfless act fuelled by the ...
AllAfrica.com - Washington,USA

Labels:



 

Namibia: Telecom Takes Scrap Metal Dealers to Task


Ndoroma came down hard on scrap-metal dealers. "As much as we would like to believe that the recycling business in Namibia is a selfless act fuelled by the ...
AllAfrica.com - Washington,USA

Labels:



 

Rishton residents brassed off by door knocker thefts


The high price of scrap metal has resulted in cars, sculptures, road grates, telephone poles, lead roofing and even parts of train tracks ...
Lancashire Telegraph - Blackburn,England,UK

Labels:



 

Universal Wrecking Corp. Completes Demolition of Concrete ...


Scrap metal recycling was very important on the project as the proceeds were utilized to help offset the demolition costs. In order to maximize the return ...
PR.com (press release) - Levittown,NY,USA

Labels:



 

Deep Drilling by Noront Beneath the Eagle One Deposit Intersects ...


The most recently completed hole in this program, NOT-08-44, entered the peridotite conduit at 294.2 meters and returned 28.5 meters of copper-nickel ...
FOXBusiness - USA

Labels:



 

International Nickel Ventures Corporation Reports Q3/2008 Results ...


... to test coincidental geophysical and soil geochemical anomalies, intersected anomalous precious metals and weakly anomalous copper-nickel values. ...
MarketWatch - USA

Labels:



 

LME base metals rise on China's $855bn spending plan


COPPER jumped 11 per cent, pulling all industrial metals higher, on hopes that China's $855 billion economic stimulus plan will boost demand. Nickel rallied ...
The Australian - Sydney,Australia

Labels:



 

India copper down as global demand worries return


"November copper is expected to correct from current levels and touch 182 rupees," Chatterjee said. Nickel and lead prices fell tracking copper and on ...
Reuters India - Mumbai,India

Labels:



 

Universal Stainless Reduces 2008 Fourth Quarter EPS Guidance Due ...


... carbon scrap decreased by 32%, 13% and 52%, respectively, from the September average prices due to reduced global demand for stainless steel products. ...
MarketWatch - USA

Labels:



 

Dutton Associates Announces Investment Opinion: China Armco Metals ...


We are very bullish on the outlook of the scrap steel recycling industry in China, due to low level of scrap steel reused in steel production of just 16% in ...
RedOrbit - Dallas,TX,USA

Labels:



 

American Micro Steel to Create 1800 Jobs in South Puerto Rico


Raw materials for the plant will come directly from Puerto Rico's own supply of scrap steel, estimated to amount to as much as 220000 tons per year, ...
LetsGoToPonce.com - Ponce,Puerto Rico

Labels:



 

Alcoa Scraps Wagerup Expansion on Global Crisis (Update4)


... producers of aluminum, iron ore and steel are cutting output and reviewing investment plans as the global economy slows and commodity prices decline. ...
Bloomberg - USA

Labels:



Tuesday, 11 November 2008
 

Scrap metal tax ‘will benefit the big firms’


The department is considering the introduction of an export tax on scrap metal — including aluminium, copper and ferro scrap — as one of the primary ...
Business Day - Johannesburg,South Africa

Labels:



 

Radioactive Beer Kegs Menace Public, Boost Costs for Recyclers


The event also led Spain to rewrite rules governing the scrap metal industry and to create an agency that helps recyclers dispose of radioactive materials. ...
Bloomberg - USA

Labels:



 

Scrap metal business flourishes in Rukwa


Scrap metal business is flourishing in Rukwa region, despite the leaders’ move to ban the trade. A recent survey conducted in Mpanda, Nkasi, and Sumbawanga ...
DailyNewsOnline - Dar es Salaam,United Republic of Tanzania

Labels:



 

Scrap metal theft attempt foiled, troopers say


A Franklin County man who state police said tried to return some stolen scrap metal is in Cumberland County Prison in lieu of $10000 ...
The Patriot-News - PennLive.com - Harrisburg,PA,USA

Labels:



 

Rotary turning scraps into cash


As part of a new fundraising initiative the Kawartha Rotary Club asked people to donate scrap metal items and the cash the club gets from trading in the ...
Peterborough Examiner - Peterborough,Ontario,Canada

Labels:



 

'As low as you can go': Metal thieves hit cemeteries


"If someone is stealing someone else's scrap metal, that's bad enough, but when it's a cemetery and people's loved ones, it's even worse. ...
The Oregonian - OregonLive.com - Portland,OR,USA

Labels:



 

Goldman Sachs Cuts 2008 Forecast for Copper, Nickel, Platinum


Copper, nickel and platinum will average less than previously expected this year after owners of stockpiled metal sold their assets to ...
Bloomberg - USA

Labels:



 

London nickel leaps 11 pct, Shanghai copper limit up


London nickel leapt 11 percent on Monday and Shanghai copper hit its upside limit as industrial metals surged in the wake of ...
Reuters India - Mumbai,India

Labels:



 

Base metals boosted by China's spending package


Oz Minerals Ltd the world's second largest zinc miner and a major supplier of copper, lead and nickel to China, was the latest miner to say it is reviewing ...
guardian.co.uk - UK

Labels:



 

Oz Minerals reviews operations as metal prices sink


Oz Minerals Ltd , the world's second-largest zinc miner and a major supplier of copper, lead and nickel to China, is reviewing ...
guardian.co.uk - UK

Labels:



 

China package boosts India copper, buoys complex


Copper futures in warehouses monitored by the London Metal Exchange rose 6050 tonnes to 260850 tonnes on Monday. Nickel prices rose above 6 percent and zinc ...
Reuters India - Mumbai,India

Labels:



 

Western Areas' Spotted Quoll nickel shines


The drilling program on one of the Troy Creek prospects -- the Main Gossan prospect -- included 2m at 4.65 per cent copper from 91m and 3m at 1.97 per cent ...
The Australian - Sydney,Australia

Labels:



 

Punjab steel makers cut production by 50%


Sensing that steel prices would not improve in the near future, the induction furnaces and scrap importers have already canceled their steel scrap orders. ...
Business Standard - Mumbai,Maharashtra,India

Labels:



 

Stainless steel scrap remains volatile -


Nickel prices went down to a world record low of 50% in less than a month’s time." The sharp decline has led many scrap recyclers in this region to either ...
SteelGuru - Gurgaon,Haryana,India

Labels:



Monday, 10 November 2008
 

Russian scrap flow to remain


As per report, two Russian speakers at the World Scrap Metal Congress brought little encouragement that Russia’s trade laws will change anytime soon. ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Metals Market Meltdown


Shawn Homsley uses a torch to cut scrap metal at McGovern Metals in Green on Thursday. The prices for scrap metal has dropped by a huge amount recently. ...
NRToday.com - Roseburg,OR,USA

Labels:



 

Shame on metal thieves who rob from war dead


These incidents are by no means isolated . . . it is a crime that is being repeated across the UK as the growing demand for scrap metal soars. ...
Sunday Sun - Newcastle upon Tyne,England,UK

Labels:



 

California police explain copper theft sting at top cops' conference


It imposes a three-day waiting period on payments, that buyers take a thumbprint of anyone selling scrap metal, take pictures of the metal and note where it ...
Dallas Morning News - Dallas,TX,USA

Labels:



 

Pain in the yard as scrap goes for a song


The global financial crisis is causing the prices of scrap metal to plummet to dizzying new lows since 1988, ...
New Straits Times - Persekutuan,Malaysia

Labels:



 

One person dead, 4 injured as truck trailer falls from Toronto ...


Yet just three vehicles -- an SUV, a small flatbed truck and a passenger car covered by the copper scrap the truck was hauling -- were visible underneath ...
OHS Canada - Toronto,ON,Canada

Labels:



 

Dutchess legislators not yet ready to enact scrap metal law


POUGHKEEPSIE - Dutchess County legislators want more information before they vote on a proposed law to keep close tabs on the sale of scrap metal....
Kingston Daily Freeman - Kingston,NY,USA

Labels:



 

Steeled for the hard times ahead


Since 2002 the price of iron ore has risen five-fold, and scrap steel six times. But in October prices fell off a cliff. What is more, Mr Dumas said: "Steel ...
Telegraph.co.uk - United Kingdom

Labels:



 

Steel products being imported as scrap


Customs may not fully examine if certain type of steel comes into Pakistan under the garb of scrap, similarly if scrap comes in bulk carriers it would ...
The News International - Karachi,Pakistan

Labels:



 

UAE steel prices fall by Dh200 as producers continue cutting rates


Meanwhile, Turkey yesterday increased steel prices by $50 (Dh183) per tonne. "The increase according to them was because of a rise in the prices of scrap. ...
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates

Labels:



Sunday, 9 November 2008
 

Freewest Updates Exploration Activity on Its 100%-Owned McFaulds ...


Conduits are prime locales for the deposition of nickel-copper-platinum group element deposits. Copper-nickel mineralization at the site of the F2 zone ...
MarketWatch - USA

Labels:



 

Copper remains weak on lower global trend


... nickel plate (4x4) 625-785, gun metal scrap 259, bell metal scrap 245, copper wire scrap 210, copper super d rod 235, copper wire bar 215, copper mixed ...
Economic Times - Gurgaon,Haryana,India

Labels:



 

Steel scrap market in Hebei remains


Shijiazhuang Steel HMS stays at CNY 2000 per tonne and small scrap materials at CNY 1920 per tonne. Tianjin Iron's HMS price is CNY 2000 per tonne and ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

ThyssenKrupp, Salzgitter to Curb Output as Steel Demand Weakens


... while sales doubled, according to the country's steel association. The group today scrapped its forecast for production of 48.5 million metric tons this ...
Bloomberg - USA

Labels:



Saturday, 8 November 2008
 

Trailer flip kills man


427 ramp and dropped tonnes of scrap copper on the highway below just as the morning rush began. The victim and his 18-year-old daughter were travelling to ...
Metro Canada - Toronto - Toronto,Ontario,Canada

Labels:



 

A steely dropoff


Stuart Block, owner of Cash’s Scrap Metal & Iron, spent the first half of this year on pace to post record annual revenue. He was busy buying discarded ...
Bizjournals.com - Charlotte,NC,USA

Labels:



 

ID, fingerprint required when businesses pay cash for scrap


A spokeswoman at T&M Salvage Inc. in Lakeland said prices have gone from $13 per 100 pounds of scrap metal to $3.75 per 100 pounds. ...
News Chief - Winter Haven,FL,USA

Labels:



 

Review of the Russian Scrap Metal Recycling Equipment Market ...


Scrap metal is a valuable raw material. Recycling scrap metal helps to save such resources as ore and coal, as well as to reduce noxious emissions entering ...
MarketWatch - USA

Labels:



 

Proposal to deter sale of stolen scrap metal tabled


POUGHKEEPSIE – Before Dutchess County legislators vote on a proposal law to keep close tabs on the sale of scrap metal, they want more information....
Mid-Hudson News - Newburgh,NY,USA

Labels:



 

Suspected Scrap Metal Thieves Caught in LaGrange County


State police officials say the suspects broke into Myer's Junkyard on County Road 300 N near State Road 9 in LaGrange and stole scrap metal ...
Indiana's NewsCenter - Fort Wayne,IN,USA

Labels:



 

Merchants hit as scrap demand falls


MERCHANTS in the area are warning members of the public not to expect high prices for scrap metal, as the business is currently facing a sharp decline. ...
Looe Today - Liskeard,England,UK

Labels:



 

Manicouagan Minerals Announces More Encouraging Results From HPM ...


The nickel, copper and cobalt mineralization at the Barre de Fer has now been traced by diamond drilling for approximately 300 metres along strike and to a ...
MarketWatch - USA

Labels:



 

FNX pares down to 'bare-bones' budget for 2009


FNX, which produces copper, nickel and some precious metals from mines in Sudbury, Ontario, posted a net loss of C$26,5-million, after slumping metals ...
Creamer Media's Mining Weekly - Garden View,South Africa

Labels:



 

LME copper falls nearly 7pc in metals rout


Prices of copper, nickel, lead and zinc have fallen between 40-55 per cent so far this year on sluggish demand. Nickel fell 7.3 per cent to a low of $US11 ...
The Australian - Sydney,Australia

Labels:



 

FNX posts third-quarter loss


That compares with year-ago earnings of $12.5 million for the Sudbury-based copper and nickel miner. FNX chairman and CEO Terry MacGibbon said the results ...
Sudbury Star - Sudbury,Ontario,Canada

Labels:



 

Aiming for $1B, mining may get $826M


Listed this year are 40 mining projects, including Carmen Copper Corp.’s Toledo copper project in Cebu ($76 million); Coral Bay Nickel Corp. ...
Inquirer.net - Philippines

Labels:



 

It's a recessionary trend for base metals


Meanwhile, inventory levels on London Metals Exchange reflect the slowdown in demand with nickel, copper and zinc stocks rising to nine, four and two-year ...
Economic Times - Gurgaon,Haryana,India

Labels:



 

Further dip in prices to hit steel production: Macquarie Bk


Steel scrap has fallen from about USD 600-700 per tonne to USD 150 per tonne or so. The coking coal, which is another major input into the industry, ...
Moneycontrol.com - Mumbai,India

Labels:



Friday, 7 November 2008
 

Drop in price of scrap metal halts company's expansion plans


Business is way down at metal recycling companies because the price for scrap metal has dropped on ...
KY3 - Springfield,MO,USA

Labels:



 

Otoe campaigns for village clean-up


About 40 people gathered Thursday for an Otoe Village Board meeting regarding a scrap metal business on main street and untidy residential ...
Nebraska City News Press - Nebraska City,NE,USA

Labels:



 

PC scrap metal drive a success


PRAIRIE CITY - The Prairie City Community Association recently completed its second successful scrap metal roundup, earning just over $10000 in support of ...
Blue Mountain Eagle - John Day,OR,USA

Labels:



 

Driver crushed by falling trailer of scrap metal


... accident yesterday after a truck's trailer carrying scrap metal broke free of its cab, plunged 20 metres from a highway ramp and crushed their car. ...
Edmonton Sun - Alberta, Canada

Labels:



 

Scrap metal dealer sees red over subs


A Nova Scotia scrap metal dealer says he tried for more than two years to get his hands on three of the navy’s surplus ...
TheChronicleHerald.ca - Halifax,Nova Scotia,Canada

Labels:



 

Namibia: Telecom Pleads With Scrap Metal Dealers


Telecom Namibia has appealed to scrap metal dealers to stop supporting the copper theft syndicate, which is blamed for costing the company millions of ...
AllAfrica.com - Washington,USA

Labels:



 

Arkansas man remains in critical condition following explosion


(AP) - An Arkansas man remains in critical condition today after being injured when a military artillery shell exploded at a scrap metal yard....
KSWO - Lawton,OK,USA

Labels:



 

Atwater teen sentenced for burglary at Island Pines Golf Course ...


... a $500 fine and 190 days in jail on a felony theft charge for stealing auto parts from a Sunburg business and then selling the metal for scrap....
West Central Tribune - Willmar,MN,USA

Labels:



 

NSW environment department washes hands of scrap bombs


This move has surprised and incensed scrap metal recyclers represented by the Australian Council of Recyclers (ACOR). LPG bottles are hazards in scrap metal ...
Australian Metal Worker - Sydney,NSW,Australia

Labels:



 

ArcelorMittal to chop capacity


Scrap steel prices worldwide have tumbled about 80 per cent since the start of 2008. Quebec merchants ship scrap to China.
The Gazette (Montreal) - Quebec,Canada

Labels:



 

Ship breakers face losses as scrap prices


ET reported that a sharp decline in scrap steel prices has adversely impacted domestic ship breaking activities. Almost all ship breakage firms are ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

As Scrap Metal Prices Drop, Auto Recyclers Stay Informed with Free ...


In the last six weeks, scrap steel prices have fallen 60% to about $400 a ton. ...
24-7PressRelease.com (press release) - USA

Labels:



 

As Scrap Metal Prices Drop, Auto Recyclers Stay Informed with Free ...


In the last six weeks, scrap steel prices have fallen 60% to about $400 a ton. ...
24-7PressRelease.com (press release) - USA

Labels:



 

FNX Reports Third Quarter 2008 Results


The average realized metal prices per pound for the third quarter for nickel and copper were US$6.61 and US$2.93 respectively, compared to US$11.65 and ...
Market Wire (press release) - USA

Labels:



 

Nickel and copper fall on


Bloomberg reported that nickel and copper declined on the London Metal Exchange as stockpiles expanded and demand growth from China slowed. ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Manila says falls short of 08 mining investment goal


PS: Quote, Profile, Research, Stock Buzz) Carmen copper mine and Sumitomo Metal's expansion of its Rio Tuba nickel plant. Investments for the first half ...
Reuters - USA

Labels:



 

NICKEL STUDY: PEA prepared for Lac Rocher


QUEBEC — VICTORY NICKEL of Toronto has received the preliminary economic assessment of its Lac Rocher nickel-copper project 140 km northeast of Matagami. ...
Canadian Mining Journal - Toronto,Ontario,Canada

Labels:



 

Copper prices slide as US dollar firms


Nickel fell 5.6 per cent to a low of $US12,180 a tonne, but ended at $US12,300 from $US12,900 at the close yesterday. Lead closed down $US29 at $US1511 and ...
The Australian - Sydney,Australia

Labels:



 

World scrap metal prices in free


It is reported that global scrap metal prices that had recently soared to crime breaking heights have now hit rock bottom, thanks to a faltering economy. ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Caught Stealing Scrap


A Heartland man was arrested and taken to jail after being caught, allegedly stealing scrap metal from a construction site dumpster. ...
WOWT - Omaha,NE,USA

Labels:



 

Telecom Pleads With Scrap Metal Dealers


Telecom Namibia has appealed to scrap metal dealers to stop supporting the copper theft syndicate, which is blamed for ...
New Era - Windhoek,Namibia

Labels:



 

Drug use boosts scrap metal sales


By Sinegugu Ndlovu The drug scourge in Chatsworth, Durban, is causing an escalation in scrap metal trade as drug addicts steal items they can sell to feed ...
Independent Online - Cape Town,South Africa

Labels:



Thursday, 6 November 2008
 

Scrap-Steel Buyers Cancel Purchases as Prices Tumble (Update2)


Scrap steel buyers in Asia are canceling purchases after prices tumbled more than 80 percent in the past four months as demand slumps, ...
Bloomberg - USA

Labels:



 

Ship-breakers face losses as scrap steel prices fall


NEW DELHI: A sharp decline in scrap steel prices has adversely impacted domestic ship breaking activities. Almost all ship breakage firms are incurring ...
Economic Times - Gurgaon,Haryana,India

Labels:



 

Schnitzer Steel names new president


But sharp declines in the price of scrap steel — a sell-off analysts have attributed to global economic fears — sparked a nearly $2 billion drop in ...
Bizjournals.com - Charlotte,NC,USA

Labels:



 

Gerdau Ameristeel Announces Record Third Quarter 2008 Earnings


For the three months ended September 30, 2008, metal spread, the difference between mill selling prices and scrap raw material costs, was $662 per ton, ...
MarketWatch - USA

Labels:



 

ASIAN AVERAGE CARBON STEEL PRICE FORECAST - OCTOBER 2008


Significant decreases in scrap and billet costs are predicted to lead to further declines in steel transaction values across all the long categories. ...
MEPS - Sheffield,England,UK

Labels:



 

Gerdau Ameristeel Announces Record Third Quarter 2008 Earnings


... Selling Prices Mill external shipments $ 1055 $ 659 Fabricated steel shipments 1254 891 Scrap Charged 393 219 Metal Spread (Selling price less scrap) ...
Canada NewsWire (press release) - Toronto,Ontario,Canada

Labels:



 

Gerdau Ameristeel books huge 3Q profit gain


Average mill finished steel selling prices jumped 60.1 percent. The difference between mill selling prices and scrap raw material costs increased $222 per ...
Forbes - NY,USA

Labels:



 

Shanghai copper up 2.8 pct, LME eases


Nickel fell $200 or 1.6 percent to $12700 after a sharp 7.5 percent rise. Zinc which jumped 6 percent on Tuesday, gave up 3.2 percent to $1200 and tin also ...
Forbes - NY,USA

Labels:



 

GobiMin sells its three Chinese nickel-copper properties in deal ...


GobiMin Inc. is selling its three nickel-copper properties in China to Xinjiang Xinxin Mining Industry Co., a major Chinese nickel producer. ...
Your Industry News (press release) - Aberdeen,UK

Labels:



 

Sumitomo Mining may delay Taganito nickel project


The company will look into mergers and acquisitions in the electronics materials business and further investment in copper mines if opportunities arise, ...
Reuters - USA

Labels:



 

Copper Falls in London as Dollar Rally Erodes Investment Appeal


Aluminum lost $26, or 1.2 percent, to $2083 a ton and nickel tumbled $350, or 2.7 percent, to $12550 a ton. Lead fell $25, or 1.6 percent, to $1515 a ton ...
Bloomberg - USA

Labels:



 

Downturn trashes scrap business


The global economic downturn has hit scrap metal yards in the Capital Region especially hard....
Albany Times Union - Albany,NY,USA

Labels:



 

Scrap metal exec selling Chestefield 4BD


Mr. Tauben is the president and founder of Metalsco, Inc., a St. Louis metal merchant committed to the scrap business. Metalso, Inc., is a member of ...
Blockshopper - Chicago,IL,USA

Labels:



 

Insult to war dead as scrap metal thieves steal bronze plaques ...


It is thought they will be sold for scrap, earning the thieves as little as £200 each, but they will cost as much as £10000 to replace. ...
Daily Mail - UK

Labels:



Wednesday, 5 November 2008
 

Thieves take $33000 worth of metal in Derry Township salvage yard raid


According to Bruce Savage, a spokesman for the Institute of Scrap Recycling Industries in Washington, the price of scrap metal has fallen by as much as 90 ...
Pittsburgh Tribune-Review - Pittsburgh,PA,USA

Labels:



 

Recyclers explode as NSW DECC drops gas bottle bomb


Scrap metal recyclers are furious at the NSW DECC’s surprise decision to drop support for a multidisciplinary working group set up to design an end of life ...
Inside Waste Weekly - Sydney,NSW,Australia

Labels:



 

Arrest made in scrap metal thefts


A local industry’s employee was arrested by police last Tuesday and charged with allegedly stealing thousands of pounds of scrap metal from his workplace. ...
Elk Valley Times - Fayetteville,TN,USA

Labels:



 

Sabah scrap metal dealers cry foul, mull court action


Scrap metal dealers in Sabah are up in arms against the appointment of Superpanel Sdn Bhd, a government-linked company, as the sole exporter of scrap metal ...
Malaysia Today - Malaysia

Labels:



 

Scrap metal market in crisis


The sector is also awash with rumours of some scrap metal yards being forced to close their doors, with the West Midlands believed to be particularly ...
letsrecycle.com - London,England,UK

Labels:



 

Check all imported scrap metals for radioactivity content: AERB


After the radioactive scrap metal, found in lift buttons, installed in France were traced to a foundry near Khopoli in Maharashtra, ...
Hindu - Chennai,India

Labels:



 

Recycling in the dumps


Some speculators shipped tons of scrap metal and materials to China hoping to negotiate prices once there. This was not a problem during the good days, ...
San Jose Mercury News - CA, USA

Labels:



Tuesday, 4 November 2008
 

Stainless steel ind seeks hike in import duty to stay afloat


It also wants the government to remove the existing five per cent import duty on stainless steel melting scrap, an essential raw material in the processing ...
Hindu Business Line - Chennai,India

Labels:



 

Tokyo Steel cuts scrap purchase prices by


Tex reported that Japan's Tokyo Steel Mfg Co has reduced what it pays for locally available ferrous scrap by JPY 1500 to JPY 2000 per tonne at its four ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Corus to pay nothing for steel


A knock on effect of this reduced demand for new steel products is a reduction in demand for all scrap steel to be used in the steel production process, ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Scrap metal prices plummet


Cauffman said people are surprised by the drop in the price for steel and how it occurred so suddenly. "Stuff is still coming in but not as much as it was ...
Chambersburg Public Opinion - Chambersburg,PA,USA

Labels:



 

Scrap metal prices plummet from $10 to $1 per 100 pounds


The decrease, coming after two years of prices so high they sparked a rash of thefts locally and nationwide, comes as the largest buyers of scrap — steel ...
Jacksonville Daily Progress - Jacksonville,TX,USA

Labels:



 

India copper falls over 5 pct on rupee, stockpiles


Selling in November copper was recommended at 204.3 rupees with a stop loss at 206 rupees and a target of 198 rupees, said the Motilal analyst. Nickel ...
Reuters India - Mumbai,India

Labels:



Monday, 3 November 2008
 

Metal reclamation machines for scrap industry


ERIEZ Magnetics has released two ferrous and non-ferrous reclamation sorting machines for the Australian scrap metals recycling industry. ...
Australian Metal Worker - Sydney,NSW,Australia

Labels:



 

Questions over Sabah’s naming of sole exporter


Superpanel, a wholly-owned subsidiary of Sabah Housing and Town Development Authority, was appointed as the sole exporter of scrap metal and recyclable ...
Malaysia Star - Malaysia

Labels:



 

Heavy Metal


Scrap metal is a commodity. Earlier this year, it enjoyed a tremendous boon, following years of rising prices. Then came summer. "The bottom has dropped out ...
Dubuque Telegraph Herald - Dubuque,IA,USA

Labels:



 

Closed smelters await price stability to reopen


Unavailability of scrap has kept smelters on a tight rope as used copper is quoted at Rs 5 a kg higher than the virgin metal. Copper cathode in spot market ...
Business Standard - Mumbai,Maharashtra,India

Labels:



 

Steel prices start melting


Producers also wanted the government to scrap the 15 per cent export duty on long steel products and levy a countervailing duty. In May, local steel units ...
Calcutta Telegraph - Calcutta,India

Labels:



 

China Steel production cost in Q3 up by 64%


... pig iron and scrap also see a growth of 64.23% and 56.13% respectively. Due to the declining steel outputs and the weakening demands, the price of raw ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Lakes eyed for toxic dumps


Bucko Lake in Manitoba will be up for consideration for a copper and nickel mining project later this month. Vale Inco, which plans to build a hydromet ...
Edmonton Sun - Alberta, Canada

Labels:



Sunday, 2 November 2008
 

Scrap Metal Thefts Result of Paying Market


"Some scrap dealers contribute to the problem," said Merillat, adding that while "we don't have a problem with the dealers in Wooster," criminals who have ...
istockAnalyst.com (press release) - Salem,OR,USA

Labels:



 

Bargain hunters gather at ‘Henrietta Mall’ for hidden treasures


The scrap metal pile of the Hubbard County landfill often yields a bargain. The pile is combed through by people looking for an odd part, ...
Park Rapids Enterprise - Park Rapids,MN,USA

Labels:



 

It's a dirty job . . . but somebody's gotta do it


Just ask Jim Lipsit, managing contractor of the Havilland landfill in Sault North and owner/operator of Goulais Disposals, a scrap metal recycling operation ...
Sault Star - Sault Ste-Marie,Ontario,Canada

Labels:



 

Train car with radioactive scrap to be hauled back in Bulgaria


The train car loaded with radioactive scrap metal will be sent back to Bulgaria, the Bulgarian State Railways announced for FOCUS News Agency. ...
Focus News - Sofia,Bulgaria

Labels:



 

Metal recycler praises new laws


Allen said the new laws monitoring scrap metal sales have been a great tool for his business to prevent scrapping stolen metal. ...
Bradenton Herald - FL, United States

Labels:



 

Copper ends down; monthly loss steepest in decades


Nickel closed $200 higher at $12100, but earlier had fallen more than 8 percent to an intraday low of $10990. Norilsk Nickel, the world's largest nickel ...
Forbes - NY,USA

Labels:



 

Hana Adds 1500 Meter Strike Length to New Discovery at Ghanzi ...


The Company has the right to acquire a 70% controlling interest in the Ghanzi Copper-Silver Project. The property consists of five license blocks covering ...
MarketWatch - USA

Labels:



 

Which way for the world economy? A hung jury is almost too much to ...


Copper is 11.4% up on that measure, aluminium is up 4.5%, nickel is 27% higher, and oil (West Texas intermediate crude) is up 4.4%. ...
The Age - Melbourne,Victoria,Australia

Labels:



 

Mirabela Says Santa Rita Nickel Mine on Schedule, Output Sold


The project is 65 percent built and will have a cash cost of $2.85 a pound of nickel, taking into account revenue from the copper, cobalt and platinum found ...
Bloomberg - USA

Labels:



 

Right time to scrap export duty on some iron,steel items:FM


Finance Minister P Chidambaram today said the decision to scrap export duty on certain iron and steel products was taken to ensure that ...
hindu

Labels:



 

Right time to scrap export duty on some iron,steel items:FM


Finance Minister P Chidambaram today said the decision to scrap export duty on certain iron and steel products was taken to ensure that ...
hindu

Labels:



 

America's Next Top Growth Stock


Steel Dynamics (Nasdaq: STLD) is one of the largest steel producers and scrap processors in the US The huge global demand for steel helped propel Steel ...
fool

Labels:



 

BIR Report: Ferrous Markets Wait for Pickup


Blake Kelley with Sims Metal Management, noted that October scrap metal prices ended up in a free fall as steel companies limited their purchase to reduce ...
recyclingtoday

Labels:



 

Guangdong scrap steel market keeps dull


It is reported that at present steel market keeps low and enterprises halts purchase. In Guangdong, scrap steel market keeps in line with the trend....
steelprices

Labels:



 

European stainless steel output seen down in 2009


... the next six months," said Wright, who is also Chairman of ELG Haniel Metals Ltd., referring to demand for stainless steel scrap from European mills. ...
reuters

Labels:



Saturday, 1 November 2008
 

LME copper, aluminium, nickel fall on demand worries


Aluminium slipped nearly 5 percent to a low of $2055 but was last at $2058.25 versus $2151, while nickel touched an intra-day low of $11950 but tracked back ...
forbes

Labels:



 

India copper extends losses as recession fears grow


Nickel, zinc and lead futures also extended declines as continuing demand worries pushed prices down. Continued...
reuters

Labels:



 

As demand slumps, China closes steel mills


Analysts are struggling to understand the panic selling that has swept Chinese steel mills and traders and caused steel prices to fall 40% since July. ...
theage

Labels:



 

Hyundai makes first steel price cuts since Feb '06


... was renegotiating scrap import deals as prices of the recyclable metal tumbled around 80 percent in just three months, reflecting falling steel prices ...
reuters

Labels:



 

HYUNDAI STEEL TO CUT PRICES ON SLOW DEMAND, FALLING COSTS


... South Korea's second-largest steelmaker, said Friday it will cut product prices beginning next month as demand is slowing and costs of steel scrap are ...
tradingmarkets

Labels:



 

Scrap dealers hit hard


Prices of scrap metal have gone down by more than half in the last month-and-a-half. I'm looking to reduce the number of staff I have. I have no choice. ...
iol

Labels:



 

Steel industry can depend only on continued uncertainty


"After looking at the price of scrap (steel) this morning, the only reason I'm here is because I couldn't get the window in my hotel room open," joked ...
post

Labels:






SOUTHERN CROSS METAL RECYCLERS
120 Maddox Rd. Williamstown, VIC 3016
Tel: (03) 9397-4358
Email: robuck@bigpond.com

© Southern Cross Metal Recyclers 2002 - 2006.