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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

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Scrap Metal News

Latest scrap metal and recycling industry news.

Saturday, 31 January 2009
 

Like cats, old police cars keep purring


It can be years after that, however, before the heavy-duty cars, built to withstand grueling wear and tear, are reduced to spare parts or scrap metal. ...
Connecticut Post - Bridgeport,CT,USA

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New development projects, a boon for Jeddah’s scrap pickers


It seems they see the benefit of not having to haul off the metal themselves. The presence of scrap-metal collectors is just one of many noticeable effects ...
Arab News - Jeddah,Saudi Arabia

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Scrap metal to turn into funding for Salvation Army


Metalico will donate $5 for every ton of scrap metal brought across their scales during the month of February. They're not alone -- a number of other ...
NewsChannel 9 WSYR - Syracuse,NY,USA

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New Legislation Targets Metal Thieves


Selling scrap metal can be a lucrative business. Even with prices as low as 90 cents a pound for copper, when you're stealing it, the profits are pure and ...
KLAS-TV - Las Vegas,NV,USA

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POLICE APPEAL AFTER SCRAP METAL THEFT


POLICE in Angus are appealing for information after a skip containing about £600 worth of scrap metal was stolen from Stannochy Quarry, Forfar Road, ...
Kirriemuir Today - Forfar,Scotland,UK

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Scrap firm showing its mettle


Though it could be a boon when factories closed, it was harmful in the long-term because they stopped offloading scrap metal, Mr Springford said....
Stuff.co.nz - New Zealand

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Zambia Will Scrap Windfall Tax on Mining Companies


Copper prices last year dropped 54 percent on the London Metal Exchange, the most since at least 1987, as recessions in the US, Japan and Germany curbed ...
Bloomberg - USA

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China Armco Metals, Inc. Provides Preliminary 2008 Net Income Results


The Company expects to launch its one million ton capacity scrap metal facility in the third quarter of 2009. "We are cautiously optimistic about the ...

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Dinosaur enthusiast turns scrap into art


Each dinosaur is crafted on a metal skeleton, usually constructed from metal tubing, chicken wire or window screens. From there, Boydston attaches foam and ...
Hays Daily News - Hays,KS,USA

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Mixed trend in metal prices


Tin, copper cable scrap, copper scrap heavy, copper wire bar and lead declined in the absence of demand from industrial users. While, nickel, copper sheets ...
TMCnet - USA

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Work ‘must go on‘ after fatal scrap metal yard accident


SHOCKED workers at a scrap metal dealership in Markman, Port Elizabeth, watched in horror yesterday as a colleague died when his head was crushed by a crane ...
The Herald Eastern Cape - Port Elizabeth,Eastern Cape,South Africa

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BHP Billiton shares slip on profit guidance talk


While metals traded on exchanges such as copper and nickel have tumbled due to the downturn, iron ore and coal are sold on annual contracts, and high prices ...
Reuters - USA

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Oz Minerals sees $66 mln charge, eyes on asset sales


TO) and also owns, copper, gold and nickel mines. "It's a moving feast by the day, but we are progressing many players through the various operations," ...
Reuters - USA

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Xstrata Details Plan to Cut Its Debt Load


Xstrata's Mr. Davis said Thursday that around 21% of planned global nickel output for this year has been curtailed, as has 9% for zinc and copper and 13% ...
Wall Street Journal - USA

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European Stocks Snap Three-Day Gain; BHP, AstraZeneca Decline


BHP and Rio Tinto led commodity producers lower as copper, nickel and tin fell in London. BHP, the world’s biggest mining company, lost 3.5 percent to 1276..
Bloomberg - USA

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Quarterly Activities and Cashflow Report


EXPLORATION Radio Hill Nickel & Copper Project During the December quarter, Newexco continued the re-evaluation and interpretation of the geological and ...
Sydney Morning Herald - Sydney,New South Wales,Australia

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Scrap steel exports to China quadruple - Marubeni


The Tokyo area scrap dealers’ cooperative said benchmark Chinese steel prices have gained 40 percent from a six year low after the government announced its ...
SteelGuru - Gurgaon,Haryana,India

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Steel importers hope stimulus will boost weak demand


... Field When prices on the US steel market rose slightly near the end of last year, it looked as if the steel market had hit bottom. The price of scrap, ...
Newark,NJ,USA

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Universal Stainless Announces $13 Million Melt Shop Investment


Modify the plant layout and material handling systems within the melt shop and scrap yard to improve product flow. * Implementation of new melting and ...
MSNBC - USA

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Friday, 30 January 2009
 

NJ Governor Signs Anti-Theft Bill


New Jersey Governor John Corzine has signed into law a bill that aims to put protections in place to reduce the level of scrap metal theft. ...
Recycling Today - Cleveland,OH,USA

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Over 240 tonnes of scrap metal collected


A mass clean-up of derelict sites across Malta and Gozo has resulted in over 240 tonnes of scrap metal being collected across various towns. ...
Malta Today - San Gwann,Malta

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Copper tumbles, sentiment crushed by stock build


Stock rises also hit nickel, down nearly 5 percent to a session low of $11176 a tonne and zinc, down 4 percent to $1099 a tonne. Copper fell nearly 5 ...
guardian.co.uk - UK

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Continental Nickel Expands M Zone and Intersects 3.55% Nickel and ...


One hundred and nine of those drill holes were completed on targets in the Ntaka intrusion to delineate nickel-copper resources in five separate sulphide ...
MSNBC - USA

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FACTBOX-Mines and plants hit by low prices, high costs


BHP Billiton (nyse: BBL - news - people ) may suspend operations at its Yabulu nickel refinery indefinitely, analysts said. Jan 21 - African Copper ...
Forbes - NY,USA

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Xstrata profit falls 35% as costs, inflation erode earnings


While nickel and zinc prices were markedly lower in the first half, compared with the record high levels of 2007, copper prices traded at near-historic ...
Creamer Media's Mining Weekly - Garden View,South Africa

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Copper to Slump as Recession Cuts Demand, MF Global’s Meir Says


For 2010, MF Global forecast copper at $3600 a ton, aluminum at $1600, zinc at $1300, lead at $1450, nickel at $13500, and tin at $15000.
Bloomberg - USA

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Mexico May Revamp Coinage


In the United States legislation was recently passed making it illegal to melt US copper 1-cent or copper and nickel composition 5-cent coins as a ...
NumisMaster.com - Iola,WI,USA

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Dec 2008 Second Quarterly Activities and Cashflow Report


Better nickel-copper intersections include: 7 0.3m @ 0.38% Ni, 1268ppm Cu from 485.9m 7 1m @ 0.21%Ni, 1056ppm Cu from 492m 7 1.2m @ 0.15% Ni, 505ppm Cu from ...
Sydney Morning Herald - Sydney,New South Wales,Australia

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Base Jumping? No, Thanks, Maybe Later...


Silver was down a nickel, opening at just under the $12 mark, while platinum added a modest $3 to start at $948 and palladium drifted $1 lower, ...
International Business Times - New York,NY,USA

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EAFs Report Numbers for Quarter, Fiscal Year.


These iron units -- predominantly pig iron at our sheet mills -- were purchased prior to last fall's collapse in the economy and scrap pricing. Steel ...
Recycling Today - Cleveland,OH,USA

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Scrap from Orange Bowl part of Super Bowl show


... Host Committee commissioned Gerdau Ameristeel Corporation to create football-inspired steel artwork for Tampa's Cotanchobee Park -- and the scrap steel ...
MiamiHerald.com - Miami,FL,USA

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Steel Dynamics sees strong 2009; shares jump


All of the company's divisions, including the scrap and fabrication divisions, are expected to be profitable in the first quarter, except the Steel West ...
Reuters - USA

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BullMarket.com Updates Outlooks on Steel Stocks


... girders, steel joists, and steel decking used within the nonresidential construction industry; and the Steel Scrap and Scrap Substitute Operations ...
PR Newswire (press release) - New York,NY,USA

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Cookson to axe 1250 jobs


... Cookson announced a 240 million pound cash call, and said it was cutting 1250 jobs and scrapping its dividend in response to plunging steel markets. ...
Reuters - USA

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Iron ore prices seen falling 30% in 2009


They note that deteriorating demand already has triggered severe steel production cuts worldwide and reduced demand for scrap, iron ore, ferroalloys and ...
Purchasing.com - Newton,MA,USA

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Steel Dynamics, Inc. Q4 2008 Earnings Call Transcript


Scrap yard improvements to improve logistical efficiencies have essentially been completed. Steel of West Virginia is also continuing with the installation ...
Seeking Alpha - New York,NY,USA

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Thursday, 29 January 2009
 

Law: Scrap metal buyers must check sellers' photo ID


Thieves could have a hard time selling scrap metal from sketchy sources by next summer, after Gov. ...
Asbury Park Press - Asbury Park,NJ,USA

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Law regulates scrap metal sales


Jon S. Corzine, requires scrap-metal dealers to check photo IDs for people selling scrap and to maintain records for many transactions. ...
Cherry Hill Courier Post - Cherry Hill,NJ,USA

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$8 billion scrap metal industry crashes - Local foundries flourish ...


""There is nothing happening because there hasbeen a dramatic reduction in demand for scrap metal,"" Industry andCommerce Minister Karl Samuda said of the ...
Your Metal News (press release) - Aberdeen,UK

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Scrap yards face 3-day wait to resell


The proposed ordinance would license and regulate recycling businesses in the city that buy scrap metal, requiring them to hold the scrap goods they buy for ...
Amarillo.com - Amarillo,TX,USA

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Other News & Articles


... a copper-zinc plated steel 25-sentimos coin introduced in 2004; a nickel-plated steel 1-piso coin also introduced in 2004; a copper-nickel-zinc 5 piso ...
NumisMaster.com - Iola,WI,USA

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Final 2008 Assays Expand M Zone Mineralisation at Nachingwea


As previously reported, the 2008 drilling programme has successfully returned numerous high grade nickel - copper sulphide intersections from 5 sulphide ...
Sydney Morning Herald - Sydney,New South Wales,Australia

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UK Stocks Retreat as Severn Trent, Utility Shares Decline


Xstrata Plc led a retreat by commodity producers as copper snapped two days of gains. The benchmark FTSE 100 dropped 43.50, or 1 percent, to 4165.51 at 1.03 ...
Bloomberg - USA

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US Steel, Nucor Rise as Profits Buoy Sentiment


“The fourth quarter should be a bottom” for steel recyclers such as Nucor because lower scrap prices will be figured into operating income starting in the ...
Bloomberg - USA

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AK Steel Holding Corp. Q4 2008 Earnings Call Transcript


However our operations did benefit from lower scrap, alloy and natural gas cost compared to the previous quarter. In addition our fourth quarter LIFO ...
Seeking Alpha - New York,NY,USA

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Turkish market players not confident of steel scrap future


MetalTorg reported that steel scrap price in Turkey grew last week by USD 10 per tonne. The price for HMS1:2(80:20) scrap form European countries is about ...
SteelGuru - Gurgaon,Haryana,India

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Is the Worst Over for Steel?


Scrap steel, scrap metal, stainless steel and stainless steel product prices all dropped in December, according to the Institute for Supply Management's ...
ThomasNet Industrial News Room - New York,NY,USA

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Salvage yards seek law to curb offenses, increase standards


Assuming a 3000-pound car, for example, the small operators would have pocketed a collective $20000 to $25000 a day at the height of scrap steel prices last ...
DesMoinesRegister.com - Des Moines,IA,USA

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Home Values Post 18.2% Annual Drop


... last month that steel shipments would decline significantly in the fourth quarter. Meanwhile, costs climbed in the quarter. The price of scrap metal, ...
Memphis Daily News - TN, USA

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Scrapped ferries may have new life


A decline in steel prices brought on by the wobbly world economy may have a silver lining for Washington's oldest ferries. ...
HeraldNet - Everett,WA,USA

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Deal to sell ferries on hold


... Recycling Systems to tow the Steel Electric boats to Mexico and sell them as scrap. Steel prices have since slumped, and the buyer wants a delay. ...
Seattle Times - United States

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Wednesday, 28 January 2009
 

Recycling economics


Metal recyclers echoed the sentiment, estimating that scrap metal prices have fallen to about 30 to 40 percent, and some smaller, informal collectors have ...
Covington News - Covington,GA,USA

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Silsden boss caught metal thief red-handed


A company boss keeping guard over his premises in Silsden, caught a man red-handed looking for scrap metal. The business owner had spotted Paul Woodhead ...
Bradford Telegraph Argus - Bradford,England,UK

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Steel maker Nucor 4Q earns drop 71 percent


The price of scrap metal, which Nucor recycles into products, rose 53 percent to $435 per ton from a year earlier, though it declined from third quarter ...
Forbes - NY,USA

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Scrap metal targeted for removal


The removal of scrap metal waste across Malta should be completed within the next 4 months, Parliamentary Secretary Chris ...
di-ve.com - Malta

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Coakley bill would modify home loans


Meanwhile, Coakley said she and several lawmakers also have introduced legislation that would create a scrap metal registry that would work with scrap metal ...
Bizjournals.com - Charlotte,NC,USA

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AG Martha Coakley files bills to cope with housing problem


That bill also would require creation of a statewide Second-Hand Metal Registry to try to reduce the theft of copper and scrap metal from abandoned ...
Boston Herald - United States

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Little support shown for metal detectors in schools


Pamela D. Perry-Cahill, the Ferry District representative, said the board should scrap the proposal for metal detectors and spend the money to contract with ...
Buffalo News - NY, United States

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Trial can proceed in case Berks County dump that authorities say ...


Investigators said Snyder illegally ordered the burial of oil drums, a vehicle crusher, car engines, batteries, paint cans and scrap metal at the former ...
Reading Eagle - Reading,PA,USA

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East West Resource Corporation: Eva Kitto PGE Exploration Program ...


This second ultramafic intercept is likely a dike, which are important features for locating sulphide bodies containing copper-nickel-PGE. ...
istockAnalyst.com (press release) - Salem,OR,USA

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London copper steady in holiday-thinned trade


Short-covering ahead of the week-long Chinese New Year break fueled Friday's rally, with nickel surging 9 percent to its highest since January 12. ...
Reuters South Africa - Johannesburg,South Africa

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Base metals strengthens, copper climbs 8.5 pc on global cues


... such as copper and gold. Nickel for February contract gained 2.60 per cent at Rs 594.70 per kg, in a turnover of 159 lots, while January contract moved ...
Hindu - Chennai,India

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Report for the Quarter Ended 31 December 2008


TASMANIA NW Tasmania Nickel Project (IMX Resources 96%) The NW Tasmania Nickel-Copper Project comprises five exploration licences, in the Rocky Cape region ...
Sydney Morning Herald - Sydney,New South Wales,Australia

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Steel Dynamics swings to Q4 loss


Looking forward, Keith Busse said, "We optimistic that, even if we continue to encounter lackluster demand for steel and scrap for several quarters, ...
RTT News - Williamsville,NY,USA

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The Big Question: As Corus cuts jobs, what is the future for steel ...


What is steel and how is it made? There are two different ways to make it. One simply involves melting down and re-modelling scrap. ...
Independent - London,England,UK

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Steelmaker job losses condemned


A Lanarkshire Labour MSP has accused steelmaker Corus of throwing a productive and cost-efficient workforce "on the scrap heap". The company announced on ...
BBC News - UK

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China's Recyclers: Is a Rebound Ahead?


But the party came to an abrupt halt last fall as scrap prices fell by as much as 70% in the face of plunging demand. A pound of crushed soda bottles fell ...
BusinessWeek - USA

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Tuesday, 27 January 2009
 

Financial crisis corrodes scrap metal prices


Paul Ryan, from the Australian Metal Recyclers Industry Association, says there are tough times ahead, with a few brokers likely to go out of business. ...
ABC Online - Australia

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Recycling Gets Less Money


Greg Hamlin hauls scrap metal to Macon Iron Recycling to help make ends meet. But for several months, the Macon native says his pockets have been feeling a ...
13wmaz - GA,USA

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Destiny Metal Company in Le108 Million Scrap Metal Deal in Sierra ...


She said that she heard about $36000 paid for scrap metal and later, she heard again about Le 30 Million paid for the same scrap metals. ...
Standard Times Press - freetown,Sierra Leone

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Business as usual or a crushing blow to neighbors?


The rest of the business logo — “Auto Salvage & Scrap Metal Recycling” — was cracked by exposure to the weather. It had been part of the old Thad’s sign. ...
EastBayRI.com - Bristol,RI,USA

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METALS-Copper boosted by gold's Friday gains


Nickel fell to $11975 from $12100 a tonne. The metal rose as much as 10 percent on Friday. LME inventories rose 1100 tonnes to 81468 tonnes, ...
Forbes - NY,USA

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Copper Falls as Global Slowdown Cuts Demand, Boosts Stockpiles


Among other LME traded metals, aluminum rose $3, or 0.2 percent, to $1345 a ton, while zinc jumped $9, or 0.8 percent, to $1170 a ton. Lead, nickel and tin ...
Bloomberg - USA

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Gold a safe haven for investors


Nickel and aluminum inventories are at 10-year highs, while copper, lead, and tin stocks are below the high of the previous upturn. ...
AXcess News - Carson City,NV,USA

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Japan Stocks Drop to 3-Month Low; Thai, Philippine Shares Rise


Philex Mining Corp., the Philippines largest copper miner climbed 1.2 percent to 4.40 pesos. On Jan. 23, nickel futures jumped 10 percent, copper surged 5.4 ...
Bloomberg - USA

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Steel group Corus to scrap 800 Dutch jobs


... Tata Steel empire, is to cut 800 jobs at its IJmuiden plant, the company said in a statement on Monday. In total, 3500 Corus jobs are being scrapped. ...
DutchNews.nl - Amsterdam,Netherlands

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Annual Report on China's Steel Market in 2008 and the Outlook for 2009


2 China steel price plummeted from the 3rd quarter. A. China economy grew slower in the 3rd quarter. B. Continuously tightening money policy exerted great ...
SteelGuru - Gurgaon,Haryana,India

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January RMDAS figures show stable ferrous scrap market


The Raw Material Data Aggregation Service Ferrous Scrap Price Index is based on data gathered from a statistically significant compilation of verified ...
SteelGuru - Gurgaon,Haryana,India

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Monday, 26 January 2009
 

Dawasco blames scrap metal dealers for water sector woes


The Dar es Salaam Water and Sewerage Corporation Dawasco) has blamed scrap metal dealers for what it terms as destroying water ...
IPPmedia - Dar es Salaam,United Republic of Tanzania

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State seeks to strengthen laws against metal thieves


A Gearhart man and three Bend residents who cut it up and tried to sell it at a Central Oregon scrap metal dealership were nailed for the theft and the ...
Daily Astorian - OR, USA

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BHP Second-Quarter Ore Production Gains on Expansions


... the world’s biggest copper mine. Nickel production rose 15 percent to 50200 tons in the December quarter after BHP began output at the $2.2 billion ...
Bloomberg - USA

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FACTBOX-Mines and plants hit by low prices, high costs


BHP Billiton will close its giant Ravensthorpe nickel mine in Australia, reduce activity at Mount Keith nickel mine and put Pinto Valley copper ...
Forbes - NY,USA

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$8 billion scrap metal industry crashes - Local foundries flourish ...


In the United States, industry sources say steel mills and foundries are paying around US$100 per gross ton for No. 1 heavy-melting steel scrap delivered to ...
Jamaica Gleaner - Kingston,Jamaica

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Sunday, 25 January 2009
 

ArcelorMittal sued over coal contract


... things like scrap steel," said Charles Bradford, a steel industry analyst with Bradford Research/Soleil Securities. "If the price of something falls, ...
International Herald Tribune - France

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Metals activity, nonferrous and steel, isn’t very vibrant


... melt scrap) composite price stands at $202.83/ton, per the Scrap Price Bulletin. Again, the bigger picture: Macquarie Bank is forecasting global steel ...
Purchasing.com - Newton,MA,USA

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Severstal Shutdown Planned


With scrap prices low, the EAF could be a cost-efficient way to make steel when iron ore and other feedstocks for ironmaking in the blast furnaces are used ...
Wheeling Intelligencer - Wheeling,WV,USA

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Marubeni Corp scrap steel exports to China quadrupled


Mr Kazuo Baba GM at Marubeni’s iron and steel materials trading unit Marubeni Tetsugen Co said that monthly scrap exports in December 2008 and January 2009 ...
SteelGuru - Gurgaon,Haryana,India

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Find a composter that you'll want to use


Choices, choices: Less-expensive models, such as polyethylene plastic and heavy-gauge wire-coated steel bins (about $40), are simple to set up. ...
Seattle Times - United States

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Asian Markets Head For Lunar New Year On Sour Note


With commodity prices weakening again, BHP Billiton (nyse: BHP - news - people ), which earlier this week scrapped a disastrous $3.7 billion nickel ...
Forbes - NY,USA

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GATX Corp. Q4 2008 Earnings Call Transcript


If you look back to mid-year 2008 scrap steel prices peaked at around $500 a ton. If you listen to market forecast at that time a lot of them said that ...
Seeking Alpha - New York,NY,USA

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Copper, Aluminum Set to Drop Most in 7 Weeks on London Exchange


PT Aneka Tambang, Indonesia’s second-largest nickel producer, expects global consumption of the metal to fall 30 percent this year as steelmakers are ...
Bloomberg - USA

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Gold jumps 2%, copper falls to 3-week low


Nickel was last bid at $11100 a tonne up from $11000 at the close. Lead fell to $1071 from $1074, zinc was last bid at $1119.5 from $1120, Tin dipped to ...
Daily Times - Lahore,Pakistan

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Write-Downs in BHP's 2Q


Copper, iron ore, coking coal, and diamonds were worse than expected while petroleum, aluminum, and nickel were ahead. The combined $1.85 billion hit above ...
Morningstar.ca - Toronto,Ontario,Canada

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Copper thieves may find the going a little tougher


When several reports of grave robbing for scrap metal came out nationwide last spring and summer, ...
Escanaba Daily Press - Escanaba,MI,USA

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Copper thieves may find the going a little tougher




When several reports of grave robbing for scrap metal came out nationwide last spring and summer, ...
Escanaba Daily Press - Escanaba,MI,USA

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New Rules For Scrap Metal Dealers


The governor says people trying to smuggle and sell stolen items to scrap metal recyclers is a big problem. That's why there is a new law on the books. ...
WNEP-TV - Scranton,PA,USA

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Copper-Robber Stopper Approved


The proposal, put forward by Alderwoman Jacqueline James (pictured), would require buyers and sellers of scrap metal to obtain a license from the city and ...
New Haven Independent - CT, USA

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Maine City Approves New Site for Scrap Yard


The proposed scrap metal recycling facility has received a Maine Department of Environmental Protection permit which was issued on October 22, 2008....
Recycling Today - Cleveland,OH,USA

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LOCAL BRIEFS


Eddie Day Pashinski, D-Wilkes-Barre, that is designed to allow law enforcement to better track the illegal trade in scrap metal and reduce scrap-metal theft ...
Wilkes Barre Times-Leader - Wilkes Barre,PA,USA

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Saturday, 24 January 2009
 

Copper Falls to One-Week Low in London as Stockpiles Expand


Among other LME metals, lead gained $11 to $1098 a ton, nickel added $245 to $11150 a ton and zinc fell $8 to $1135 a ton. Tin decreased $250, or 2.2 ...
Bloomberg - USA

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Atlantic Richfield Will Spend $8M to Remedy Leviathan Mine


... drainage is necessary to prevent untreated releases of elevated concentrations of arsenic, iron, aluminum, chromium, cobalt, copper, nickel and zinc. ...
Environment News Service - USA

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A Watchdog with No Teeth?


I don't know how much lead, copper, nickel is in the soil," says Tanya Ball, a community organizer and mother who used to garden in Greater Sudbury ...
The Dominion - Sackville,New Brunswick,Canada

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Mustang Provides Update on Maskwa Nickel Project Feasibility Study


The Company is commencing a 2000 meter drill program at the Maskwa Nickel Project targeting new areas proximal to the nickel-copper-pgm-cobalt resource. ...
MSNBC - USA

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Sims Shares Plunge After First-Half Profit Declines


Scrap metal prices may decline 38 percent this year to $288 a metric ton because of curbed demand, Citigroup Inc. said on Jan. 15. The scrap market is ...
Bloomberg - USA

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Scrap metal market plummets in bad economy


Depending on what type metal - classified as ferrous or non-ferrous by the steel content - and how clean it is, scrap metal was worth up to 12 cents per ...
Temple Daily Telegram - Temple,TX,USA

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Buyers upset with steel surcharge proposals


An AK Steel spokesman says the West Chester, Ohio, steelmaker is responding to price volatility in the natural gas and scrap steel markets. ...
Purchasing.com - Newton,MA,USA

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Japanese scrap and iron price up for second week


Japan’s weekly scrap iron and steel prices rose 14%, gaining for the second week, because of higher exports. According to Japan Ferrous Raw Materials ...
SteelGuru - Gurgaon,Haryana,India

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Sims shares dumped as a result of profit warning


The company in August reported an 81 per cent increase in full-year profit after a stunning fourth-quarter delivered record scrap prices and a boost in ...
The Australian - Sydney,Australia

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Antam Says Global Nickel Demand May Fall 30 Percent


Antam, which agreed in June to buy 10 percent of Martabe from Oxiana Ltd., said in November it may scrap the plan, citing the price. ...
Bloomberg - USA

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Antam Says Global Nickel Demand May Fall 30 Percent


Antam, which agreed in June to buy 10 percent of Martabe from Oxiana Ltd., said in November it may scrap the plan, citing the price. ...
Bloomberg - USA

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Australian Stocks Slump as Ex-Bank Governor Sees Long Recession


... scrap metal, tumbled A$3.82, or 21 percent, to A$14.80, a record loss. The company said first-half profit fell as much as 12 percent as stainless steel ...
Bloomberg - USA

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Marubeni exporting more scrap to China


Japanese scrap steel export prices in January surged 28 percent from a month ago. "It appears that China's stimulus measures are gradually resuscitating ...
The Japan Times - Japan

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Friday, 23 January 2009
 

Thieves scrap copper thefts


Better monitoring and stricter state laws regarding the sale of scrap metal also have decreased theft and made it more difficult for thieves to remain...
Pensacola News Journal - Pensacol,FL,USA

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Sims metal cuts profit guidance


The world's largest scrap metal recycler has revised its forecast for the six months to December 31, to a range of $90 million to $95 million. ...
Sydney Morning Herald - Sydney,New South Wales,Australia

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Demolition industry shaken as scrap metal prices take a hit


by Meribah Knight General scrap metal is a lesser grade mixture of various metals with a varied chemistry, making it more difficult to convert into new ...
Medill Reports - Chicago,IL,USA

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Demolition industry shaken as scrap metal prices take a hit


General scrap metal is a lesser grade mixture of various metals with a varied chemistry, making it more difficult to convert into new ...
Medill Reports - Chicago,IL,USA

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Sims Says First-Half Profit May Be 36% Lower on Market Slump


23 (Bloomberg) -- Sims Metal Management Ltd., the world’s biggest recycler of scrap metal, said first-half profit may be as much as 36 percent lower than ...
Bloomberg - USA

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Legislature Tackles Rampant Scrap Metal Theft


The proposed legislation would require scrap metal businesses to obtain a certificate to operate and be responsible for keeping more complete records about ...
KTVL - Medford,OR,USA

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Local Scrap Company Hopes to Cash In With New Plant


Company President James Hamilton says they have seen more people turning scrap metal into cash. "A great increase. Because the more the taxes go up, ...
WOKV - Jacksonville,FL,USA

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Scrap The Consumer Product Safety Improvement Act--II


... more product categories: children's apparel consisting "entirely" of fabric (and thus with no plastic or metal fasteners) and ordinary children's books. ...
Forbes - NY,USA

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Oregon Lawmakers: Don’t Meddle With Our Metal


BY CHRIS LEHMAN Oregon House Democrats introduced a series of bills Thursday designed to combat people who steal metal. Prices for scrap metal have gone up ...
OPB News - Portland,OR,USA

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Base Metal Prices-Mumbai-Jan 22


Jan 22 (Reuters) - Thursday's Prices in rupees per tonne at the Bombay Metal Exchange: Thursday's Previous Copper wire bars (HCL*) 242000 244000 Aluminum ...
Reuters India - Mumbai,India

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Base Metal Prices-Mumbai-Jan 22


Jan 22 (Reuters) - Thursday's Prices in rupees per tonne at the Bombay Metal Exchange: Thursday's Previous Copper wire bars (HCL*) 242000 244000 Aluminum ...
Reuters India - Mumbai,India

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Scrap yard will move away from visible spot


31, 2010, to move its operations from 25-39 Somerset St. to 568 Riverside St. For years, piles of scrap metal have towered over Portland's Bayside ...
MaineToday.com - Portland,ME,USA

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Tokyo Steel raise scrap purchase prices by JPY 1000 a tonne - 22 ...


It is reported that electric steelmaker Tokyo Steel Mfg Co has raised what the company pays for locally available ferrous scrap by a uniform JPY 1000 per ...
Steel Prices China - Gurgaon,Haryana,India

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News Analysis: China's steel industry benefits from stimulus ...


Export tariffs on 67 steel products were scrapped Dec. 1 to ease pressure on exporters, according to the China Iron and Steel Association (CISA). ...
Xinhua - China

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RMDAS Figures Show a Stable January for Ferrous Scrap


1 Heavy Melting Steel (HMS). Shredded scrap took the closest thing to a jump, with spot buyers paying on average $12 more per ton for what RMDAS defines as ...
Recycling Today - Cleveland,OH,USA

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A GOLDEN MILESTONE


Scrap steel was plentiful. Scrap steel prices were low. So there was little incentive for Boy Scout troops and others to organize recycling drives for metal ...
Rocky Mountain News - Denver,CO,USA

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Russia to drop nickel, copper cathode duties


Nickel and copper prices have fallen drastically on lower demand caused by the global economic crisis. Norilsk Nickel has said it expects revenues to ...
Reuters - USA

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Aluminium, nickel to lag once base metals recover


"We expect some markets, such as copper and tin to improve towards the back end of 2009. But we expect aluminium and nickel to remain depressed and to...
guardian.co.uk - UK

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RBC: Global Mining Trends & Values


Uranium was the best performer up 3.8%, followed by zinc up 2.1%, copper up 1.9% and silver unchanged. Nickel was the worst performer down 5.5%, ...
Mineweb - London,England,UK

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METALS-Copper eases as China data dampens demand outlook


Elsewhere, nickel rose 2.7 percent to a high of $11199 a tonne from a close of $10905. BHP Billiton, the world's top miner, may suspend operations at its ...
Ninemsn - Sydney,New South Wales,Australia

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Thursday, 22 January 2009
 

TAKE A LOOK-China commodities, energy trade and output data


GROWTH SLOWS > China's economy slows sharply as crisis bites [nPEK340437] TRADE > China Dec refined copper imports up 89 pct on year[nBJI000133] > China Dec ...
Reuters - USA

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Metal Thefts Drop With Price, But Remain a Problem


"As you have more and more people looking for income, it's easy to go and steal air conditioner parts and other scrap metal to meet financial needs," Carr ...
Radio World - Alexandria,VA,USA

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Scrap metal exports on decline


Ukraine's enterprises dealing with scrap ferrous metals reduced scrap metal exports by 7.4% in 2008 to 637.3 thousand tons year-over-year. ...
NRCU - Ukrainian Radio - Kiev,Ukraine

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Wednesday, 21 January 2009
 

DJ UPDATE: Anglo American Eyes M&A Opportunities In Base Metals


The cutbacks reflect weaker prices for copper, nickel, zinc and other commodities as demand slows while the global economy cools. Beamish said the company's ...
MarketWatch (press release) - USA

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METALS INSIDER: Nickel and the perils of false dawns


... in stark contrast to the accelerated stocks build that is still being seen in other metals such as aluminium, copper and zinc. This divergence in nickel ...
Reuters - USA

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Chilean Peso Slides as Copper Drops; Venezuela Bolivar Climbs


Copper fell $15 to $3340 a ton, erasing an earlier gain to $3475 a ton, a one-week high. It fell 1.3 percent last week. Lead and nickel also declined today. ...
Bloomberg - USA

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Cigma Metals Corporation Announces the Results of the 2008 ...


The drilling program was targeting large geochemical anomalies of gold, copper and molybdenum obtained by previous exploration. ...

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Copper falls 5 per cent


Copper dragged all the industrial metals lower, with aluminum and nickel down around 4 per cent. Three-month copper on the London Metal Exchange was at ...
Globe and Mail - Canada

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METALS INSIDER: Nickel and the perils of false dawns


The stainless steel sector will be a major beneficiary. However, the impact on nickel prices may not be quite what the hibernating bulls imagine. ...
Reuters India - Mumbai,India

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Industrial Services of America, Inc. Enters Stainless Steel Metal ...


Venture Metals, formed in 2006, buys and sells scrap metal, primarily in the stainless steel recycling market for super alloys and high temperature metals. ...
Ad-Hoc-News (Pressemitteilung) - Germany

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Steel Dynamics, Inc. Announces Fourth Quarter Conference Call Webcast


Steel Dynamics produces carbon steel products and is a major metals recycler. Steel products include flat rolled steel, structural steel,merchant and SBQ ...
PR Newswire (press release) - New York,NY,USA

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Tuesday, 20 January 2009
 

Return To Gaza Reveals Scenes Of Destruction


The 19-year-old farmer then lowered his daughter's corpse into a makeshift burial chamber of cinder blocks dug into the sand with a piece of scrap metal for ...
NPR - USA

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Nevis gets help with scrap metal disposal


EFFORTS at disposing scrap metal on Nevis received a boost with the arrival of a compacter at the island’s landfill ...
SKNVibes.com - Basseterre,St. Kitts and Nevis

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As cease-fire holds, Gazans take stock of losses


Children carried plastic bags of scrap metal to be sold or recycled. Meanwhile, utility crews began planning repairs to electrical and sewage and water ...
The Associated Press

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Base Metal Prices-Mumbai-Jan 19


Jan 19 (Reuters) - Monday's Prices in rupees per tonne at the Bombay Metal Exchange: Monday's Previous Copper wire bars (HCL*) 251000 246000 Aluminum ingots ...
Reuters India - Mumbai,India

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Old keys unlock one answer to food shortages


His idea was to receive donations of scrap metal that could be sold to buy food for food banks and homeless shelters. "I saw the paper clip story and it hit ...
Boston Globe - United States

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Copper rises on hopes of Chinese buying


The world's largest mining firm, BHP Billiton, may close a big nickel mine in Australia and has likely cut output of most other commodities due to falling ...
guardian.co.uk - UK

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Copper Jumps for Second Day on Obama Stimulus Plan Optimism


19 (Bloomberg) -- Copper climbed for a second day on optimism US president-elect Barack Obama's stimulus package will lift the world's largest economy out ...
Bloomberg - USA

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BHP may shut Australia nickel mine-report


Lawcock forecast BHP's total copper output during the quarter dropped 2.7 percent, while aluminium declined 6.9 percent and manganese ore 24.7 percent ...
Reuters - USA

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Botswana: BCL Not Affected By Zim Mine Closures


Botswana’s copper nickel mining company BCL Limited has revealed that it will not be affected by the closure of the biggest mining investments in Zimbabwe ...
The Zimbabwean - Harare,Africa

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Steel makers want 5 pc import duty on ferro-nickel scrapped


"Moreover,"the Association said in the letter,"in view of large imports of stainless steel at low prices, we request the Steel Ministry to ask the Finance ...
Indopia - India

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Directory of Overseas Scrap Suppliers to India


Cuddapah-Mydukur-Kurnool section of NH 18 in AP India is large market for import of steel scrap and this is the directory which is going to help many ...
SteelGuru - Gurgaon,Haryana,India

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Monday, 19 January 2009
 

Thieves target cemetery for scrap metal


“So hopefully we get some cooperation from some of the scrap metal dealers, we can hopefully recover some of them.” “My hope is that they see the error of ...
News14.com - Charlotte,NC,USA

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Metal thefts up in Wales as criminals cash in


“We are amazed at the risks people take to steal metal,” said Inspector Davies. “We know there are people out there prepared to accept scrap metal and we ...
WalesOnline - United Kingdom

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Recyclable goods stacking up as values drop


Companies formerly bought scrap to melt it down and make new products. That isn’t happening right now.” Across the country, the economic crisis has ...
Scranton Times - Scranton,PA,USA

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No recession here; Alang ship yard flourishes


... steel plats and raw materials from Alang are going to Punjab, UP, Haryana and J&K where ingot-based mills use scrap material from Alang because its very ...
Hindu - Chennai,India

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Sunday, 18 January 2009
 

Scrap metal stolen from nursing home


He said the scrap metal was from replacing various plumbing fixtures and it weighed about 200 pounds. Another employee told police she was in the supply ...
Eagle Tribune - North Andover,MA,USA

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Designer's not-so-old-fashioned barn raising


Although the previous owner was supposed to remove all the old auto parts and scrap metal from the land, Johnsen wound up doing much of the cleanup herself. ...
San Francisco Chronicle - CA, USA

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Worker pleads guilty to theft of $32000 worth of scrap metal


1 in Barkhamsted pleaded guilty Friday to stealing more than $32000 in scrap metal from his workplace. Neil E. Church, 43, of Winsted, likely will spend ...
Waterbury Republican American - Waterbury,CT,USA

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Metal thieves leave Cal Young athletic fields in the dark


She noted that the thief would only make a small amount of money if the wire is sold as scrap metal. Anyone with information about the theft is asked to ...
The Register-Guard - Eugene,OR,USA

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Slightly stronger scrap may/may not push steel prices up


While few believe that the domestic steel industry will show any meaningful recovery for quite some time, the same folks do see recovery in ferrous scrap ...
Purchasing.com - Newton,MA,USA

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Downturn hits Romania's tinkers


The economic downturn means people are not spending on scrap metal. Prices paid for it have fallen in some places by 90%. From Zizin, Ion Ocelas, ...
BBC News - UK

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Vale, Baosteel cancel Brazil mill plans on slump


... because of a slump in global steel demand. Vale said the two companies decided to scrap the project and dissolve Companhia Siderurgica Vitoria, or CSV, ...
Reuters - USA

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Green biz feeling blue


The company takes in scrap from the public (washers, old cars and such) and also scours the state for steel ripped out during bridge reconstruction work or ...
Indianapolis Business Journal - Indianapolis,IN,USA

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Bear market is expected to force metals prices even lower in 2009


In the meantime, though, to offset reduced market prices, large cutbacks have been announced in the production of aluminum, nickel, zinc and tin, copper and ...
Purchasing.com - Newton,MA,USA

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Gold up two percent as dollar drops


Copper jumps: Industrial metals rose on Friday, with copper surging more than five percent as sentiment across the board improved after news of a ...
Daily Times - Lahore,Pakistan

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European Stocks Snap Seven-Day Decline; Rio Tinto, Ahold Climb


Xstrata, the fourth-largest copper producer, surged 6 percent to 742 pence. Copper rose 2.7 percent, while nickel advanced 1 percent on the London Metal ...
Bloomberg - USA

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Saturday, 17 January 2009
 

Large amount of copper stolen from depot site


“The bottom has fallen out of the metal market.” Last summer, copper was being bought by scrap metal dealers for anywhere between $2.95 to $3.65 a pound, ...
Richmond Register - Richmond,KY,USA

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Advisory group strives to protect the environment


A flight over the county in the spring or summer will show just how large the problem of abandoned metal is, he said. The intent of SCRAP, explained Valarie ...
Sherwood Park News - Sherwood Park,Alberta,Canada

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New law aims to cut catalytic converter thefts


The theft of metal, particularly copper, has been rising because of increasing scrap prices. Granholm also recently signed legislation to help stop illegal ...
Detroit Free Press - United States

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Copper, nickel recover on better global trend


New Delhi, Jan 16 Copper and nickel strengthened today in the national capital and rose up to Rs 3 per kg fresh buying by stockists following better global ...
Indopia - India

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FNX Says Copper, Gold Sales Will Support Operations for 2 Years


FNX Mining Co., the Canadian miner that suspended nickel output and cut jobs last month, said copper and precious-metal sales will allow ...
Bloomberg - USA

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Price of Industrial Metals Sinks As Stocks Rise, Demand Weakens


LONDON -- Copper prices fell 3.5% on Thursday as warehouse stocks rose and most industrial metals sank. Dismal economic data from the US and Europe added to ...
Wall Street Journal - USA

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Two NI 43-101 Resource Estimates Completed at Gossan-Marathon ...


To date, the best intersection in the Page Block consists of 6.5 m grading 1.65 % nickel, 0.68 % copper and 1.27 gpt PGM+gold. Mineralization at Ore Fault ...
MSNBC - USA

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COPPER-Major market developments in December


Norilsk Nickel said will cut 2009 copper output to 385000-400000 tonnes from a planned 420000 tonnes in 2008. LME copper prices continued to fall in ...
Midas Letter - Portland,OR,USA

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With a Little Help from China Mining Goes On Unchanged in Brazil


Pará, for instance, should invest in projects in the fields of iron ore, bauxite, kaolin, copper, nickel, logistics and electric power generation....
Brazzil.com - Los Angeles,CA,USA

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New York City Opera to pare season in 2009-10




... the season of 20th-century works originally programmed by Gerard Mortier almost certainly would be scrapped under Mortier's replacement, George Steel. ...
The Associated Press

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New York City Opera to pare season in 2009-10


... the season of 20th-century works originally programmed by Gerard Mortier almost certainly would be scrapped under Mortier's replacement, George Steel. ...
The Associated Press

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Japanese ferrous scrap market price rebounds


JMB reported that ferrous scrap market price rebounds in Japan and Japanese electric furnace steel makers are raising their purchasing prices when Chinese, ...
SteelGuru - Gurgaon,Haryana,India

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Big plunge in scrap metals market


Iron and steel have suffered similar declines, it was pointed out. And if the price of base metals do not recover in the coming months, many dealers might ...
Trinidad & Tobago Express - Port-of-Spain,Trinidad and Tobago

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Friday, 16 January 2009
 

99 vases stolen from Gastonia cemetery, including one stolen and ...


She said State Line Scrap Metal Recycling on York Highway - where she works as scalemaster - bought a large number of vases from a man in late December. ...
Gaston Gazette - Gastonia,NC,USA

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Monogram Energy Inc. Negotiates to Acquire Scrap Metal


15, 2009 (GLOBE NEWSWIRE) -- Monogram Energy Inc. (Pink Sheets:MGRN) announced today that the Company is negotiating to acquire scrap material left over ...
GlobeNewsWire (press release) - Los Angeles,CA,USA

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Unalaska recycling venture scrapped


What looked like a sweet deal for Unalaska has turned sour, with a heap of scrap metal abandoned at the landfill. Now the city is stuck with the cost of ...
Dutch Harbor Fisherman - Anchorage,AK,USA

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Catalytic converter theft penalty to increase


The new laws strengthen regulation and oversight of scrap metal dealers and sales. Under that new law, a person who knowingly buys or sells stolen scrap ...
Detroit Free Press - United States

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Producer Price Index Declines 1.9% in December


Nonferrous scrap prices moved down 9.2 percent following a 25.4-percent decrease in November. The indexes for iron and steel scrap, wastepaper, gold ores, ...
123Jump.com - Miami Beach,FL,USA

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Analyst cuts AK Steel estimate


He cited lower expected shipments, increased exposure to the automotive industry, and sensitivity to changes in the price of scrap steel on the spot market. ...
Bizjournals.com - Charlotte,NC,USA

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LEAD: Japan's 2008 wholesale prices show biggest rise in 28 yrs+


Iron and steel prices gained 20.0 percent, while prices for scrap and waste grew 20.0 percent with prices for pulp, paper and related products up 6.9 ...
TMCnet - USA

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Oz Minerals says bridging loan still not finalised


Since then, zinc has tumbled 35 percent, copper 62 percent and lead 39 percent. Oz Minerals has already shut a small nickel mine, moth-balled one of its ...
Reuters - USA

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Nickel, tin down on weak global cues


Tin ingot 750, zinc ingot (Hindustan) 80, nickel plate (4x4) 667-827, gun metal scrap 225 bell metal scrap 230, copper wire scrap 221, copper super D rod ...
Indopia - India

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Thursday, 15 January 2009
 

Recycling center catches eye of county, city


Piles of scrap metal have caught the interest of neighbors and government officials concerned about a recycling center on the 77 corridor. ...
NewsCow - Cowley County,KS,USA

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Cemetery Theft: Investigating Scrap Metal Yards


Eyewitness News is taking a closer look at how thieves can cash in on stolen metal unnoticed. Tennessee recently cracked down on its scrap metal law. ...
WRCB-TV - Chattanooga,TN,USA

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Parran to head MACO


A bill requiring tracking of scrap metal is another MACO goal, in hopes of hampering metal thieves, Parran said. "We want a scrap metal bill passed to make ...
So Md News - Waldorf,MD,USA

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Bell Copper Corporation: Copper Creek-Sombrero Option Agreement ...


... Company ("Silver Nickel") covering two patented claims and seventeen unpatented claims within the Company's Sombrero Butte project in the Copper Creek ...
Market Wire (press release) - USA

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Rio deepens cutbacks as OZ puts its Scuddles mine on ice


Rio is to save $US229 million ($A340 million) by suspending an underground development at its Northparkes copper/gold operation in NSW, as well as $US371 ...
The Age - Melbourne,Victoria,Australia

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China Approves Stimulus Package for Steel, Auto Industries


The government will scrap a 5 percent sales tax on vehicles with engines smaller than 1.6 liters and ban expansion of steel- making capacity, ...
Bloomberg - USA

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For collectors of scrap, a much lighter haul


... tin, steel and other metals. Less demand for those materials means lower prices are paid for them in scrap yards across the United States. ...
Las Vegas Sun - Las Vegas,NV,USA

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Indiana Scrap Metal Recycler Plans $4 Million Upgrade


In addition to its expertise on non-ferrous scrap, it purchases various industrial grades of iron and steel scrap with direct mill shipments and brokerage ...
Recycling Today - Cleveland,OH,USA

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10KSB: AMERICAN WENSHEN STEEL GROUP, INC.


In recent years the international market price for scrap steel has increased several-fold, making the reworking of scrap steel less substantially less ...
MarketWatch (press release) - USA

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Wednesday, 14 January 2009
 

Business buys cars, other scrap metal


According to manager Joe Mourning, the business buys scrap metal from local residents who bring it in to be separated and weighed. Scrap metal can be ...
Neosho Daily News - Neosho,MO,USA

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Indiana Scrap Metal Operation J. Solotken Will Invest $4 Million ...


(Indianapolis, Indiana) – Long-time scrap metal recycler J. Solotken & Company will spend $4 million to move into a renovated facility across town. ...
Manufacturing & Technology eJournal (press release) - Lexington,KY,USA

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Rep. Brown’s plan to stop theft of copper, other metals becomes law


Requires that payment for scrap metal no longer be made by cash, but rather by check or electronic means. • Requires secondhand or junk dealers to keep a ...
Huron Daily Tribune - Bad Axe,MI,USA

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Surely scrap metal prices have now collapsed?


I thought that the worldwide recession had ended the speculation which had increased raw material & scrap metal prices? Perhaps the continuing media reports ...
Silicon.com - UK

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National Metal Theft Crime Unit launched


And, the launch of the initiative comes at a time when scrap metal prices have slumped dramatically from the historically high levels reached last summer ...
letsrecycle.com - London,England,UK

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Nu Scrap Metal: or how to make a Furby bend and a Barbie sing


The scrapheap has always been a great place to find treasure - my flatmate was an arty type whose eccentric hobbies included skip-diving (and the ...
Telegraph.co.uk - United Kingdom

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Extra coppers to clobber copper crooks


Such stolen metal is sold to rogue scrap dealers who recycle and resell it back to the market. A London scrap metal dealer told silicon.com the going rate ...
Silicon.com - UK

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Scrap rules coming to Humboldt County


A series of new laws intended to foil the theft of scrap metal have gone into effect in Humboldt County. The regulations hold businesses that purchase scrap ...
Times-Standard - Eureka,CA,USA

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Global values JOST at JD2.04/share and recommends a BUY on the stock


Steel prices are volatile and are influenced by the irregular cost trends of key raw materials like iron ore, coal and scrap. The unpredictable cost trends ...
Al-Bawaba - Amman,Jordan

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Iran: Cement Output Up 14%


For instance, prices of iron sheets, cement and steel have been slashed in the face of falling demand. The drop in prices has been attributed to two main ...
Zawya - United Arab Emirates

Labels:



 

Ex-con Admits Embezzlement From Former Employer


I told McHenry that the stainless steel sheets he was alleged to have taken were sitting near a fence and not a part of what could be perceived as a scrap ...
KUSH Radio - Cushing,OK,USA

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Copper Futures in Shanghai Slump as Economic Woes Damp Demand


Lead dropped 1.7 percent to $1150 a ton, tin slid 2.6 percent to $11300, and nickel was little changed at $10700 as of 12:01 pm in Singapore.
Bloomberg - USA

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Philippines' Benguet halts Kingking copper-gold project


Benguet was in talks with nickel producer Jinchuan Group Ltd about the state-run Chinese firm investing in Kingking, Mendoza said. ...
Reuters - USA

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Blackstone Receives NI 43-101 Resource Estimates for Norway Nickel ...


(ii) Weighted average grades for nickel, copper and cobalt. demonstrated economic viability. The estimate of mineral resources may The Ertelien deposit is ...
Market Wire (press release) - USA

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UK Stocks Fall, Led by Rio Tinto, Xstrata; Barclays Retreats


Copper, nickel, lead and zinc declined in the London Metals Exchange. Barclays dropped 8.6 percent to 168.7 pence. Lloyds TSB, which is buying HBOS Plc, ...
Bloomberg - USA

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Tuesday, 13 January 2009
 

Metal thief sentenced in phone wire caper


... and then used various means to remove the insulation before taking the wire to a scrap metal dealer in Portland, where they sold it for about $3000. ...
KATU - Portland,OR,USA

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Scrap metal prices affects recycling industry


The giant, magnetic crane at Pacific Recycling has been shuffling around a lot of scrap metal lately, but that doesn't mean its been leaving the lot....
Montana's News Station - Missoula,MT,USA

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Police search for scrap metal thief


UNION CITY, Ohio -- Police in Union City, Ohio, are searching for a bandit who stole scrap metal from the Union City Ferrous facility at 305 S. Deerfield ...
Palladium-Item - Richmond,IN,USA

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Scrap metal dealers donate fire truck to area department


A&W is a buyer and seller of scrap iron and steel products. Jesse Alexandra declined to reveal where he bought the truck or how much he paid for it, ...
Greater Milwaukee Today - WI, USA

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Scrap metal industry hangs in the balance


The Bruce Golding administration is rushing to prevent a collapse of the multi-billion dollar scrap metal trade. The sector has been hard hit by the ...
radiojamaica.com - Jamaica

Labels:



 

METALS INSIDER: Strategic buyers defy recessionary chill


The main beneficiaries within the LME complex this time around were expected to be copper, nickel and zinc, in that order, and all three metals were ...
Reuters - USA

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Copper Futures Jump 5% Limit in Shanghai on Investor Buying


12 (Bloomberg) -- Copper futures climbed the exchange- imposed 5 percent daily limit in Shanghai as some investors closed their short positions after ...
Bloomberg - USA

Labels:



 

Shaw River December 2008 Quarterly Activities Report


... uranium, gold, zinc-copper, nickel West Perth WA 6872 zinc-lead-copper -silver PEARANA Phone +61 8 9226 4455 HEDAND Far East Pilbara Fax +61 8 9226 4255 ...
Sydney Morning Herald - Sydney,New South Wales,Australia

Labels:



 

China to buy zinc, but no cheer for steelmakers


... Nonferrous Metals Association, which has also proposed the state buy 400000 tonnes of copper and 20000 tonnes of nickel, state media reported last week. ...
guardian.co.uk - UK

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MARKET UPDATE: Steel and aluminium cans


The news comes after the firm revealed last month that it was not taking in any steel scrap, including steel cans, at any of its UK sites (see ...
letsrecycle.com - London,England,UK

Labels:



 

Steel prices expected to rise this quarter


PRICES of steel goods should rise and stabilize early this year after falling steeply in the past two quarters, ...
BusinessWorld Online - Quezon City,Philippines

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New Year begins with positive buzz in the steel industry


Secretary of the Mumbai-based Darukhana Iron Steel & Scrap Merchants Association, US Bhatt, admits that “there is a little bit of movement of goods, ...
IBNLive.com - New Delhi,India

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Monday, 12 January 2009
 

Metal theft blitz as scrap value soars


He said a good relationship between police and scrap metal merchants was an important part of combating the crime. One of the latest examples of metal ...
The Argus.co.uk - Brighton,UK

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Production pruning - African Eagle cuts cost at Dutwa nickel project


Meanwhile, African Eagle and CGA Mining, its JV partner in the Mkushi Copper mines project in Zambia, have deferred making a development decision on the ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Japanese stainless steel scrap exports drop by 26% YoY


It is reported that Japan's exports of stainless steel scrap dropped to 72836 tonnes in November 2008, down by 33.3% MoM from October at 109239 tonnes and ...
SteelGuru - Gurgaon,Haryana,India

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Sunday, 11 January 2009
 

Economic slide means less recycling, more trash


The traffic from “walk-ins” or citizens bringing in scrap metal is also down significantly — Paulson estimated from 100 to 150 people per day in the summer ...
Monroe News Star - Monroe,LA,USA

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Disposal of scrap metal within law, says KPA


... were not in working condition. He said disposing the scrap metal was meant to decongest the port. You need to login first to submit a comment.
Daily Nation - Nairobi,Kenya

Labels:



 

Sell Copper, Nickel Before Index Rebalancing Ends: Chart of Day


9 (Bloomberg) -- Investors should sell copper, nickel and other industrial metals that rallied this week because the rebalancing of commodity funds that ...
Bloomberg - USA

Labels:



 

Nickel falls on weak global cues


Tin ingot 760, zinc ingot (Hindustan) 82, nickel plate (4x4) 682-842, gun metal scrap 225 bell metal scrap 230, copper wire scrap 223, copper super D rod ...
Indopia - India

Labels:



 

Schnitzer Steel falls as analyst cuts 2Q EPS view


based company said Thursday that falling prices in metals recycling and finished steel products and lower volume in scrapped vehicles will hurt its fiscal ...
Forbes - NY,USA

Labels:



 

Down economic reports set the stage for weak steel prices


Platts’ shredded price is currently at $250. Also, this week’s Scrap Price Bulletin has its No.1 HMS composite at $198.50/gross ton, up $13.33 from its ...
Purchasing.com - Newton,MA,USA

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US ferrous scrap price to remain flat in January


He added that "Our view is that scrap prices went down quite a bit more than steel prices did. So what we are seeing now appears to be a return to more ...
SteelGuru - Gurgaon,Haryana,India

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Global Slowdown Hurts Schnitzer Steel


... along with 16.0% and 19.0% slump in scrap vehicle and core revenues due to reduced sales volumes and prices. Meanwhile, Steel Manufacturing Business ...
TheStreet.com - USA

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Scrap metal prices decline...


Powell said that the prices for aluminum and stainless steel have not rebounded. “We were paying out .55 to .60 cents per pound of scrap aluminum, ...
Bluefield Daily Telegraph - Bluefield,WV,USA

Labels:



 

Chinese steel scrap importers set to purchase actively


However, steel scrap demand in South East Asia is still weak. Although suppliers there are trying to increase the price, yet they still lack of credit. ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Outlook roundup: MSC Industrial, Schnitzer Steel


(AP) — Schnitzer Steel Industries Inc. said Thursday falling prices in metals recycling and finished steel products and lower volume in scrapped vehicles ...
MSNBC - USA

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Saturday, 10 January 2009
 

Copper thefts down as prices fall


Prices for scrap metal have fallen and so have thefts that were causing such an expensive headache for city workers. Copper shot up in price beginning in ...
Colorado Springs Gazette - Colorado Springs,CO,USA

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Granholm signs stiffer metal-theft legislation


Jennifer M. Granholm has signed legislation that will make buying or selling stolen scrap metal a felony. "The larceny of copper and other metals has become ...
The Saginaw News - MLive.com - Saginaw,MI,USA

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When the Schnitz Hits the Fan


Even as painfully low scrap metal prices have ravaged shares of leaders like Commercial Metals (NYSE: CMC) and Sims Group (NYSE: SMS), Schnitzer's revenue ...
Motley Fool - USA

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Economy even trashing recycling industry


Webb's father started the scrap metal company in 1966, which used to employ 32 people. It's down to about 20 people now. "We may have to end up dropping ...
Gaston Gazette - Gastonia,NC,USA

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UK to Tackle Metal Theft Worth 360 Million Pounds


The New York Times reported in July that scrap metal thieves stole more than 2500 manhole covers and grates from storm and street drains in Philadelphia in ...
Bloomberg - USA

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Alleged scrap metal thief in court


A Boston man charged with stealing scrap metal from a Pembroke business last March was in court on Monday for a pretrial hearing. David A. Grimm, 49, ...
Pembroke Express - Pembroke,MA,USA

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Scrap metal thefts increase as the economy plummets


While scrap metal theft is just one of many scams being carried out across the UK today, it is essential that the UK consumer is extra vigilant with regard ...
FinancialAdvice.co.uk - London,UK

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Police target scrap metal thieves


A pilot specialist police unit has been set up to tackle the problem of scrap metal theft, which has increased by about 150% in the last two years and cost ...
guardian.co.uk - UK

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Police squad targets scrap metal thieves


The new National Metal Theft Crime Unit will target rogue scrap metal dealers who handle swiped materials like manhole covers and telephone lines. ...
Contract Journal - UK

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African Eagle limits ops to Tanzania nickel project


... to explore other promising nickel laterites like Zanzui in Tanzania, but deferred a project development decision on Mkushi Copper Mines in Zambia. ...
Reuters - USA

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Copper in Shanghai Jumps, Heads for Best Week in 2-1/2 Years


Among other LME-traded metals, aluminum rose 1.6 percent to $1580 a ton, zinc added 2.6 percent to $1267, lead gained 1 percent to $1160, and nickel was up ...
Bloomberg - USA

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Copper in Shanghai Jumps, Heads for Best Week in 2-1/2 Years


Among other LME-traded metals, aluminum rose 1.6 percent to $1580 a ton, zinc added 2.6 percent to $1267, lead gained 1 percent to $1160, and nickel was up ...
Bloomberg - USA

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Legislation to stop illegal copper sales


Global economic growth has resulted in frequent and significant increases in the price of commodities such as copper, zinc, and nickel, making this type of ...
ConnectMidMichigan.com - Clio,Michigan,USA

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Copper pulls back after 8 pct rise, jobs data in focus


Tin was down at $11350 a tonne from $11400 and nickel was lower at $11485 against $11545 on Thursday, when it fell 9.8 percent at one stage.
guardian.co.uk - UK

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Schnitzer Steel sees falling prices, volume in 2Q


The company said that in its auto parts business, lower volumes of scrapped vehicles and lower prices for ferrous and nonferrous metals will offset higher ...
Forbes - NY,USA

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AK Steel climbs after analyst upgrades rating


AK Steel also should benefit from less expensive scrap, natural gas and labor, said Parr. He also set a $20 price target on the stock - almost double the ...
Forbes - NY,USA

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Site cleanup at steel market mercy


Nguyen suspended the job in October when the price per ton of scrap steel fell sharply - historically - putting her project in the red. ...
Brookhaven Daily Leader - MS, United states

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Data Shows Steel Production, Demand and Jobs Sinking Fast


Lower availability of scrap will cause scrap prices to eventually rise, which will help to pull up steel prices. What does all of this mean for steel buyers ...
Seeking Alpha - New York,NY,USA

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Iron ore vulnerable to Asian retrenchment


He said scrap steel prices also collapsed in 2008 but found a base in November to be up more than 50 per cent by the first week in January.
The Australian - Sydney,Australia

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Outlook roundup: MSC Industrial, Schnitzer Steel


... falling prices in metals recycling and finished steel products and lower volume in scrapped vehicles will hurt its fiscal second-quarter results. ...
Forbes - NY,USA

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Friday, 9 January 2009
 

New Michigan law aims to reduce scrap metal theft


Anybody who wants to sell scrap metal must show a driver’s license or state ID; provide a thumbprint; sign to prove ownership or permission to sell the ...
WNDU-TV - South Bend,IN,USA

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Granholm Signs Law To Reduce Copper Theft


Under the new law, a person who knowingly buys or sells stolen scrap metal will be subject to felony penalties, including imprisonment for up to five years ...
WNEM - Saginaw,MI,USA

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Just not worthwhile to steal metal now


Under the laws, scrap metal recyclers had to require identification from people selling scrap metal and evidence of the authority to sell it. ...
Modesto Bee - Modesto,CA,USA

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War Memorial 'stolen for scrap metal'


But it was later found in a scrap metal yard and restored to the memorial. Australia's acting High Commissioner to PNG, John Feakes, has condemned the act ...
Melbourne Herald Sun - Australia

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St. Lucie program tops national recycling averages


The value of scrap metal, for instance, plunged from $170 a ton to $35 a ton,temporarily dashing the hopes of County Commissioner Doug Coward that if a ...
TCPalm - West Palm Beach,FL,USA

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UK Stocks Decline for Second Day; Rio Tinto, Xstrata Drop


Copper for delivery in three months dropped as much as 3.9 percent to $3210 a ton in London. Aluminum, Nickel and Zinc also traded lower.
Bloomberg - USA

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China industry body urges state to buy metals


The Ministry of Commerce will resume a tax-free policy on imports of concentrate for copper, nickel, and on exports of refined copper, nickel and aluminium ...
Alibaba News Channel - New York,NEW YORK,USA

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Copper, aluminium hit 1-month highs on index buying


"The reweighting is helping some markets, nickel in particular," said analyst Dan Smith at Standard Chartered. "There also seems to be more risk appetite ...
guardian.co.uk - UK

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China to resume tax-free policy on copper, nickel, aluminium


China will resume a tax-free policy on imports of concentrate for copper, nickel and cobalt from Feb 1, a statement on the ...
Reuters - USA

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LS-Nikko Copper to Cut Output 10% This Year on Demand


Sumitomo Metal Mining Co., Japan’s top nickel producer and second-largest copper smelter, said on Jan. 5 it will reduce production of metals in response to ...
Bloomberg - USA

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Champion Minerals Commences Diamond Drilling to Test New Combined ...


Nickel-copper sulphides occur in surface outcrops of narrow mafic dikes on Powderhorn. DDH-09-03 is targeting the largest and most intense of the five ...
MSNBC - USA

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Emerging-Market Stocks Slump Most in Seven Weeks as Metals Fall


... on demand for natural resources to sustain their economies after crude oil slumped the most in eight years yesterday and copper, nickel and zinc fell. ...
Bloomberg - USA

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Metals Prices to Be Lower in 2009 on Weak Demand, Goldman Says


“We expect global off-take of most metals and minerals to contract this year,” There will be oversupply of aluminum, copper, nickel and zinc and bulk ...
Bloomberg - USA

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Report: China scraps steel reserve plan


China has canceled its proposal to set up a steel stockpile, one of the planned major measures to help steel makers ...
China Daily - China

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Schnitzer Steel Reports First Quarter Results


The combined impact of selling prices for cores and scrap which have fallen faster than inventory costs and lower full-service parts sales is expected to ...
Trading Markets (press release) - Los Angeles,CA,USA

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Buyers for recyclables suddenly hard to find


Mills are still accepting scrap steel, though in lesser quantities. Mills, he said, are reporting having a surplus of steel pipes, but with a nationwide ...
Grand Junction Sentinel - Grand Junction,CO,USA

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Conservatives scrap straw poll for RNC chairman


Shawn Steel, a national committeeman from California and former California Republican Party chairman, said Steering Committee Chairman Jim Bopp Jr., ...
Washington Times - Washington,DC,USA

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Businesses suffer as scrap metal market plummets


Missouri Iron and Steel has received accolades recently for keeping its scrap yard looking clean. The common sight heading into Downtown St. ...
St. Joseph News-Press - St. Joseph,MO,USA

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Thursday, 8 January 2009
 

Metal thieves face a new obstacle


Even if tags are not fully resistant to obliteration, they would leave a mark that would alert scrap metal dealers that the converter is suspicious, ...
Salt Lake Tribune - United States

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Officials: Lull in Utah metal thefts temporary


Ley spoke at Utah's first large-scale conference on metal theft. It's an attempt to bring together law enforcement officials, prosecutors, scrap recyclers ...
Forbes - NY,USA

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Scrap Metal Burns Again at Schnitzer Steel Hawaii ...


The Honolulu Fire Department responded to a fire in a pile of scrap metal at Schnitzer Steel Hawaii for the second time in a month. Schnitzer is a metal ...
KHON2 - Honolulu,HI,USA

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Danville's Bryant Industries will try again for expansion


Besides noise, neighbors have complained of increased truck traffic on Warrington Avenue, pieces of scrap metal lying along the road and in ditches, ...
Urbana/Champaign News-Gazette - Champaign,IL,USA

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Commodities recap evening of 5th Jan, 09


However china will allow tax-free imports of copper, nickel and cobalt concentrate from Feb. 1, as long as the finished products are reexported, ...
Commodity Online - Kochi,Kerala,India

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Canadian Stocks Advance, Led by Banks and Commodity Producers


Equinox, the developer of Africa’s largest copper mine, rose 17 percent to C$2. FNX Mining Co., a producer of nickel and copper, climbed 20 percent to ...
Bloomberg - USA

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Copper surges to 1-month peak ahead of index rejig


Nickel rose as high as $13555 a tonne, up 5.5 percent from Monday's $12850 and was last trading at $13250. Zinc was at $1319 from $1300. ...
guardian.co.uk - UK

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Cardero Acquires Longnose Titanium Deposit, NE Minnesota, USA


Longnose was discovered in the early 1980's as part of a regional copper-nickel exploration program using geophysical methods. A diamond drill campaign, ...
FOXBusiness - USA

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Wednesday, 7 January 2009
 

On the Scrap Heap


Scrap metal merchants are finding the going similarly tough. Prices for scrap steel and plastic fell dramatically in just two months, from all-time highs of ...
China International Business - Beijing,China

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Commentary: New laws help with rural crime prevention


Both bills require law enforcement to obtain a warrant before obtaining fingerprints of scrap metal sellers and create a civil penalty against recyclers ...
California Farm Bureau - Sacramento,CA,USA

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Refuel economy with cash for old cars


... averaged $2000 each, the total cost of the program would be $10 billion per year—though some of that cost can be offset by the value of the scrap metal. ...
Detroit Free Press - United States

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'Historic' low: Thieves steal from Trombley museum


The Bay City Times Dan Staudacher | Times Photo fileSaturday, scrap metal thieves raided the Trombley Centre House museum, ...
The Bay City Times - MLive.com - Bay City,MI,USA

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Scrap metal law impacts Inland recycling centers


Sellers of scrap metal are walking away when they learn of a requirement in the law that they wait three days to receive their money from the recycling ...
Press-Enterprise - Riverside,CA,USA

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London Metal Exchange Trading Jumps to Record in 2008


Copper, nickel, aluminum and other industrial metals on the LME had the biggest annual drops last year since at least 1990, ending a rally in industrial ...
Bloomberg - USA

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London Metal Exchange Trading Jumps to Record in 2008


Copper, nickel, aluminum and other industrial metals on the LME had the biggest annual drops last year since at least 1990, ending a rally in industrial ...
Bloomberg - USA

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London Metal Exchange Trading Jumps to Record in 2008


Copper, nickel, aluminum and other industrial metals on the LME had the biggest annual drops last year since at least 1990, ending a rally in industrial ...
Bloomberg - USA

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Brazilian Stocks Fall on Slower Growth Forecasts; Ipsa Slips


Inventories of copper, nickel, aluminum and zinc advanced in the London Metal Exchange’s daily warehouse report, signaling more supply than demand. ...
Bloomberg - USA

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Continental Nickel Intersects 15.96% Nickel and 1.33% Copper Over ...


The objective of the drilling in the Ntaka intrusion is to delineate nickel-copper resources in five separate sulphide zones. This press release describes ...
MSNBC - USA

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Copper Rises to 1-Month High in London on Outlook for Recovery


Gains in copper and nickel were also supported by the annual re-weighting of commodity indexes, Thurtell said. The re- weighting of the Dow Jones-AIG ...
Bloomberg - USA

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Retailers' comments lift European stocks


Rio Tinto, the mining company, advanced 5 percent as copper, nickel and zinc gained in London. Samsung Electronics, the largest maker of computer memory, ...
International Herald Tribune - France

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AK Steel Charges Ahead


... prices in general moved lower in the fourth quarter, costs for the raw materials used in electrical steel such as silicon, iron ore, and scrap steel ...
Forbes - NY,USA

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AK Steel Charges Ahead


... prices in general moved lower in the fourth quarter, costs for the raw materials used in electrical steel such as silicon, iron ore, and scrap steel ...
Forbes - NY,USA

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London Metal Exchange Trading Jumps to Record in 2008


Copper, nickel, aluminum and other industrial metals on the LME had the biggest annual drops last year since at least 1990, ending a rally in industrial ...
Bloomberg - USA

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Copper Rises to 1-Month High in London on Outlook for Recovery


Gains in copper and nickel were also supported by the annual re-weighting of commodity indexes, Thurtell said. The re- weighting of the Dow Jones-AIG ...
Bloomberg - USA

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Copper Rises to 1-Month High in London on Outlook for Recovery


Gains in copper and nickel were also supported by the annual re-weighting of commodity indexes, Thurtell said. The re- weighting of the Dow Jones-AIG ...
Bloomberg - USA

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Retailers' comments lift European stocks


Rio Tinto, the mining company, advanced 5 percent as copper, nickel and zinc gained in London. Samsung Electronics, the largest maker of computer memory, ...
International Herald Tribune - France

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Retailers' comments lift European stocks


Rio Tinto, the mining company, advanced 5 percent as copper, nickel and zinc gained in London. Samsung Electronics, the largest maker of computer memory, ...
International Herald Tribune - France

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Retailers' comments lift European stocks


Rio Tinto, the mining company, advanced 5 percent as copper, nickel and zinc gained in London. Samsung Electronics, the largest maker of computer memory, ...
International Herald Tribune - France

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Copper leaps over 7 pct ahead of index re-jig


Nickel and zinc were lifted by the re-weighting of the major commodity indices. The Dow Jones rebalancing will take place from Jan. ...
guardian.co.uk - UK

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Copper leaps over 7 pct ahead of index re-jig


Nickel and zinc were lifted by the re-weighting of the major commodity indices. The Dow Jones rebalancing will take place from Jan. ...
guardian.co.uk - UK

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AK Steel Charges Ahead


... prices in general moved lower in the fourth quarter, costs for the raw materials used in electrical steel such as silicon, iron ore, and scrap steel ...
Forbes - NY,USA

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Recycling market woes: Global and local prices plunge


Bob Garino, director of commodities at the Institute of Scrap Recycling Industries, a Washington, DC based trade association, told the press that about 150 ...
Times-Standard - Eureka,CA,USA

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Tuesday, 6 January 2009
 

Lower prices making life difficult for scrap dealers


Scrap metal dealers are having difficulty staying financially viable in a time when international metal markets have bottomed out. ...
Cape Breton Post - Cape Breton,Nova Scotia,Canada

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LI Lawmakers Hope to Turn Trash into Treasure


So the county is looking to cash in on it's abundance of scrap metal. Also on this 186 acre facility are 56 silos that once housed massive nuclear missiles ...
New York's CW11 / WPIX-TV - new york city,new york,USA

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Reduced Sentences for Men Who Bought Stolen Copper


Daniel Kwak, 26, who works for Ben Recycling & Scrap Metal in Oceanside, pleaded guilty to a felony charge of failure to use due diligence as a scrap dealer ...
San Diego 6 - San Diego,CA,USA

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scrap heap


If factories aren't manufacturing, it stands to reason that they no longer need the raw materials like scrap metal they ordered from overseas suppliers. ...
DC Velocity - North Attleboro,MA,USA

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Five charged in connection with theft of metal from High Royds ...


Four men have appeared in court to face charges connected with the large scale theft of scrap metal from a former psychiatric hospital. ...
Ilkley Gazette - UK

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Trade in used car batteries


Earlier this year Charlie’s Scrap Metal was paying $6.50 each for car batteries. Not sure the price right now. Also, if you do not have a car battery to ...
BlueRidgeNow.com - Hendersonville,NC,USA

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Ore. Legislature set for 2nd look at metal thefts


Lawmakers and interest groups have yet to agree if it's better to put more thieves behind bars or place more regulations on scrap metal recyclers. ...
Hillsboro Argus - OregonLive.com - Hillsboro,OR,USA

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China to scrap taxes on re-export of some metals


Pan Qifang, Jiangxi Copper's spokesman, said the policy would allow the firm to hedge imports of concentrate on the London Metal Exchange and to export ...
Reuters - USA

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China to scrap taxes on re-export of some metals


China will eliminate taxes on imports of copper, nickel and cobalt concentrate, as well as on exports of the ...
Reuters - USA

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METALS-Shanghai copper, zinc limit up after LME leap


... news that Jinchuan Group Ltd, China's top nickel producer, plans to increase output of nickel, copper and cobalt in 2009, would also weigh on sentiment. ...
Forbes - NY,USA

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Sumitomo Mining cuts H2 copper output plan by 7 pct


... planned to cut copper output in the January-March quarter due to weakening demand. [ID:nT327296] Sumitomo Metal Mining will also curb output of nickel, ...
Reuters - USA

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India copper futures steady on rupee, demand


Meanwhile, China will resume a tax-free policy on imports of concentrate for copper, nickel and cobalt from Feb. 1, a statement on the Ministry of ...
Reuters India - Mumbai,India

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Copper slips on strong dlr; equities support


Also on the economic front, China will allow tax-free imports of copper, nickel and cobalt concentrate from Feb. 1, as long as the finished products are ...
guardian.co.uk - UK

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Nickel, copper, tin prices up


Nickel soared almost 16 per cent on Friday on buying ahead of annual rebalancing by major commodity indices, while copper advanced and tin jumped more than ...
The Age - Melbourne,Victoria,Australia

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China Jinchuan plans higher metals output in 2009


SHANGHAI, Jan 5 - Jinchuan Group Ltd, China's top nickel producer, said it plans to increase output of nickel, copper and cobalt in 2009, ...
Alibaba News Channel - New York,NEW YORK,USA

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Asian Stocks Rise an 8th Day on Tax Cut, Spending Expectations


Nickel soared 13 percent on Jan. 2 while lead rose 9.2 percent. Oil rose a third day, following a 23 percent last week, the most since August 1986....
Bloomberg - USA

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Monday, 5 January 2009
 

Suffolk eyes Westhampton junkyard as moneymaker


Lindsay said he got the idea to sell the county leftovers after lawmakers moved to regulate the scrap metal industry to rein in the growing plague of metal ...
Newsday - Long Island,NY,USA

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• Price meltdown takes the green out of recycling


One of those customers, Genzink Steel, is paid less for scrap metal sold to Padnos, but at the same time, its CEO notes it is paying less for new steel. ...
MLive.com - MI,USA

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Macomb County news briefs


States
In 2008, the Road Commission of Macomb County recycled 170012 pounds of scrap metal, earning $27438 for road operations, including filling potholes and ...
Detroit Free Press - United

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China To Scrap Steel Export Permits Jan 1 To Boost Shipments


BEIJING--China's Ministry of Commerce Wednesday removed steel products from its list of items that can be exported only after securing government permission ...
Alibaba News Channel - New York,NEW YORK,USA

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Old electronics headed for Scott County's e-waste facility


They resell it at a profit, especially when scrap prices are good. Scrap prices have tumbled this year due to the faltering economy. ...
Quad City Times - Davenport,IA,USA

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The Daily Resource 01/03/2009


... Jiangxi Copper and Yunnan Copper, will lose production due to equipment malfunctions. Meanwhile, nickel also benefited from speculation that index funds ...
International Business Times - New York,NY,USA

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Sunday, 4 January 2009
 

Fading like ghosts: Port of Brownsville firms reel after high ...


The cutters tossed the rusted scrap into piles, which have grown to epic proportions in recent months as the market for scrap metal has all but disappeared ...
Brownsville Herald - TX United States

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£500 fine for man caught with scrap metal


A 28-YEAR-OLD man caught carrying scrap metal without a licence has been fined £500 and ordered to pay £935 court costs by magistrates. ...
Warrington Guardian - England, UK

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Scrap metal boom has gone bust


But the worried looks tell the story: The days of turning scrap into gold are over. Just last summer, the recyclers were riding high. Scrap metal was ...
San Bernardino Sun - San Bernardino,CA,USA

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Metals theft – five charged


The offences involved scrap metal worth up to £12000 taken from High Royds Hospital at Menston. They were remanded on bail and told to report back on ...
Yorkshire Evening Post - Leeds,England,UK

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New law could scrap metal businesses


As of Jan 1, Trujillo and other scrap metal business owners must require identification and personal information from customers. ...
KRQE - Albuquerque,NM,USA

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These 5 Stocks Resolve to Outperform


For Steel Dynamics, I await a fundamental recovery in prices for scrap metal, which will make all the difference for them. For now, I am not giving up on my ...
Motley Fool - USA

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Fitch: Global Steel Production & Pricing Under Pressure Through 1H'09


Rising steel prices in China will tend to signal the end of destocking, while sustained price appreciation, increasing freight rates and rising scrap prices ...
Business Wire (press release) - San Francisco,CA,USA

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Sculpture stolen from Woodfin art show


The work “Ball & Chain,” is made of steel and cast iron, retails for $1500 and is worth about $4 in scrap metal, said Robert Winkler, the festival’s ...
Asheville Citizen-Times - NC,USA

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Canadian Stocks Have Best Start Since 1977 on Commodity Rally


FNX Mining, a nickel and copper miner that lost 90 percent of its value in 2008, surged 91 cents to C$3.95 today, the most since May 2001. ...
Bloomberg - USA

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India copper eases; nickel jumps on stimulus package


India copper futures eased in evening trade on Friday and nickel jumped more than 8 percent after the federal government announced ...
Reuters India - Mumbai,India

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UK Stocks Rise; FTSE 100 Index Posts Best-Ever Start to Year


Copper for delivery in three months advanced as much as 6.4 percent to $3265 a ton in London. Lead, nickel and zinc also advanced. Separately, Rio unit ACC ...
Bloomberg - USA

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US copper ends first trade day of 2009 at 3-wk high


Copper extends a two-day rally amid some end-of-quarter index rebalancing that helped drive a 16 percent rally in London nickel futures MNI3 and an...
Reuters - USA

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Agnico-Eagle, New Gold May Decline; FNX Mining May Advance


FNX Mining, a nickel and copper mining company that lost 90 percent of its stock market value in 2008, may gain 26 cents to C$3.30, based on bids. ...
Bloomberg - USA

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Lead, nickel rises on firm global cues


Tin ingot 760, zinc ingot (Hindustan) 83, nickel plate (4x4) 650-815, gun metal scrap 256, bell metal scrap 240, copper wire scrap 223, copper super D rod ...
Indopia - India

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Saturday, 3 January 2009
 

Govt lowers brass scrap tariff by 20%


“Scrap is always sold at a discount of virgin metal. But, in this case, scrap costs higher than the virgin metal which, in our recent meeting with the prime ...
Business Standard - Mumbai,Maharashtra,India

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December Manufacturing ISM Report On Business®; PMI at 32.4%; New ...


... PVC; Resin Based Products (2); Scrap Metal; Scrap Steel (2); Stainless Steel (3); Stainless Steel Products; Steel(b) (4); and Sulfuric Acid (2)....
SYS-CON Media - Montvale,NJ,USA

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New Mexico rings in 2009 with minimum wage hike


The law requires scrap metal vendors to show identification and provide personal information in hopes of reducing the amount of stolen metal being sold to ...
MSNBC - USA

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Man jailed for biting off teen’s ear


Scrap metal dealer Jamie Brian Williams, 23, bit off the ear of his 17-year-old victim after being goaded by friends that the younger man had got the better ...
ChesterChronicle.co.uk - Chester,England,UK

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Decision held on Westport salvage business license transfer


His company cuts, bales and ships scrap metal. He also operates a company there called Excel Appliance Recovery. Neighbors said the noise has only been a ...
South Coast Today - New Bedford,MA,USA

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India copper down on profit-booking, nickel up 6 pct


India copper futures fell on Friday as traders booked profits after a 7.9 percent rise in the last two sessions, analysts said. ...
Reuters India - Mumbai,India

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Nickel soars ahead of index re-jig, tin jumps


... Jan 2 (Reuters) - Nickel soared almost 13 percent on Friday on buying ahead of annual rebalancing by major commodity indices, while copper firmed and ...
guardian.co.uk - UK

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Ecologists welcome mining moratorium in Palawan


The Final Feasibility and Financing Stage include: Tampakan Copper Project; Itogon Gold Project; Siana Gold Project; Nonoc Nickel Project; and Boyongan ...
GMA news.tv - Quezon City,Metro Manila,Philippines

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Nickel falls nearly 2 per cent in futures on weak global cues


February month contract for copper followed suit and declined by 1.55 per cent at Rs 584.30 per kg with trading volume of 35 lots. ...
Hindu - Chennai,India

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Post-production metal prices driven down


Months after reaching record prices, the recycling market has experienced a dramatic drop as the global economy slows. Steel scrap to be recycled is down to ...
Green Bay Press Gazette - Green Bay,WI,USA

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One Woman's Trash Is Another Woman's...Lingerie?


Ms. Cole, 23, said she used to make jewelry from metals such as copper and silver, too, but scrap prices rose too high this past year. ...
Wall Street Journal - USA

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Pakistan steel importers reject increase in ITP of steel


Daily Times reported that steel importers and custom department have been at loggerheads on the increment of Import Trade Price of steel products....
SteelGuru - Gurgaon,Haryana,India

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Pakistan steel importers reject increase in ITP of steel


Daily Times reported that steel importers and custom department have been at loggerheads on the increment of Import Trade Price of steel products....
SteelGuru - Gurgaon,Haryana,India

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Warning over abandoned cars in Middlesbrough


In 2007 the world steel market prices were high which meant cars at the end of their life had a scrap value. It led to a fall in the number of abandoned ...
GazetteLive - Middlesbrough,UK

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Friday, 2 January 2009
 

New wage, scrap metal laws take effect


The other new law attempts to regulate the sale of recycled materials such as aluminum and copper wire in hopes of reducing the amount of stolen scrap metal ...
KRQE - Albuquerque,NM,USA

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Alaska recycling market suffers steep, rapid decline


... said he's had to make similar cuts in his staff and significantly drop the prices he pays for those bringing in metals like copper, nickel and aluminum. ...
Anchorage Daily News - Anchorage,AK,USA

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S&P: Pricing A Top Concern In '09 For Metal And Mining Cos


Prices have plummeted for aluminum, copper, zinc, nickel and steel amid lower demand, and most of the prices have yet to stabilize, according to S&P. ...

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Copper Rises Most in Three Weeks; Metal Plunges 54% in 2008


The annual slide was the fourth-biggest behind gasoline, nickel and crude oil among 19 raw materials in the Reuters/Jefferies CRB Index. Copper typically ...
Bloomberg - USA

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Russia To Scrap Nickel,Copper Export Duty -Govt Press Service


The government press service said the decision was made "taking into account the significant current fall in nickel and copper world prices."
Alibaba News Channel - New York,NEW YORK,USA

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Steel makers had boom-to-bust scenario in 2008


Nucor also benefited from lower prices for scrap metal, which the company uses to make steel. "Companies like Nucor fared better because they do not own any ...
Forbes - NY,USA

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Steel Outlook 2009 (MT, X, NUE)


Given the support of steel prices rising 51% from $738 in the third quarter of 2007 to $1111 in the third quarter of 2008, Nucor has been able to keep its ...
Investopedia - Edmonton,Alberta,Canada

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Thursday, 1 January 2009
 

Steel makers had boom-to-bust scenario in 2008


Nucor also benefited from lower prices for scrap metal, which the company uses to make steel. "Companies like Nucor fared better because they do not own any ...
Forbes - NY,USA

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REGION: County using bronze-like granite to foil metal thefts


Metal thefts soared in recent years as the price of scrap metal rose. Much of the demand came from China, which was vacuuming up metals, minerals and ...
North County Times - Escondido,CA,USA

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Copper Heads for Biggest Drop in 21 Years as World Growth Slows


Nickel, oil and gasoline did worse. The Federal Reserve cut its benchmark interest rate this month to a range of zero to 0.25 percent for the first time and ...
Bloomberg - USA

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METALS-Copper rises on higher China VAT, demand worry


Copper rose almost 3 percent on Wednesday after China raised value-added tax on a
range ...
Forbes - NY,USA

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Sonoma Forge taps pure metals for fixtures


Since then, he's produced the down-to-earth Wingnut, in copper, nickel or bronze; the more traditional BrownStone in copper or nickel; the WherEver, ...
San Francisco Chronicle - CA, USA

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OZ Seeks January Sale of Indonesia Gold Mine; Creditors Circle


Zinc on the London Metal Exchange, the world’s biggest metals market, has slumped 67 percent and nickel has lost 63 percent. Gold has dropped 13 percent ...
Bloomberg - USA

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Asian Stocks Pare Record Annual Decline as Mining Shares Rally


Nickel surged 10 percent on the London Metal Exchange, the most since Oct. 29. Zinc rose 1.2 percent and copper 0.3 percent. Rio Tinto Group, the world’s ...
Bloomberg - USA

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Steel importers reject increased ITP


“Despite continuous decline in the steel prices in the international market no respite has been provided by the government to the importers,” he said. ...
Daily Times - Lahore,Pakistan

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