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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, 28 February 2009
 

Madison man charged in June metal thefts from Badger ...


A Madison man faces theft charges after police say he and an accomplice stole thousands of dollars in scrap metal ...
Sauk Prairie Eagle - Sauk City,WI,USA

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Woman killed at the wheel by flying metal scrap


2009 AP PITTSBURG, Texas — An 18-year-old pregnant woman died at the wheel of her car when a piece of scrap metal flew from a passing truck and into her car ...
Houston Chronicle - United States

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Scrap metal law needed for safety


Clearly a vibrant market exists in Georgia for selling stolen scrap metal, and the 2007 law change has done nothing to curb the appetite of copper hieves. ...
Macon Telegraph - Macon,GA,USA

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County board discusses recycling


Dan Summers, the attorney representing the scrap metal recycling center, said the Hall County Planning Commission’s decision to classify it as a junkyard ...
Gainesville Times - Gainesville,GA,USA

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Scrap from Alang may bring down steel prices


Scrap steel prices have already halved to Rs 16500-17000 a tonne from Rs 34000 a tonne a year ago. The average daily dispatch of scrap steel from Alang has ...
Economic Times - Gurgaon,Haryana,India

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Tokyo Steel cuts H2 scrap purchase price


It is reported that Japan's Tokyo Steel is cutting their H2 scrap purchase price by JPY 1000 to JPY 2000 per tonne to the level of JPY 9000 to JPY 21000 per ...
Steel Prices China - Gurgaon,Haryana,India

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Imported Scrap Steel to Rescue Indian Steel Manufacturers from ...


Indian steel manufacturers are expected to increasingly use imported scrap steel for manufacturing low-priced goods to overcome recession and increase...
PRMinds (press release) - Palaiseau,France

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LiteWave Corp. Announces Final Agreement Executed on Quebec's ...


... along the North Shore of the St. Lawrence River, and will be explored for not only Platinum and Palladium, but also Gold, Cobalt, Copper and Nickel. ...

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Passage of Safe Mines Bill would protect the waters of Lake County ...


The bill would provide much needed improvements to the existing non-ferrous (copper-nickel) mining rules to protect our waters from mercury and toxic metal ...
Lake County News Chronicle - Two Harbors,MN,USA

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Copper Rises for Fourth Day on Speculation About China’s Demand


26 (Bloomberg) -- Copper rose for a fourth day on the London Metal Exchange on speculation that purchases in China, the world’s biggest buyer, ...
Bloomberg - USA

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Mining major sees signs of Beijing’s stimulus working


Vale points out that aluminium, copper and nickel prices displayed great downward volatility in the second half of last year, as a result of all the bad ...
Creamer Media's Mining Weekly - Garden View,South Africa

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Russia May Buy Metal to Buoy Producers, Medvedev Adviser Says


Rusal, called on Russia to buy metals including nickel, aluminum and copper to help the industry and use in infrastructure projects. ...
Bloomberg - USA

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Gold Heads for First Loss in Three Weeks on Scrap, Equities


Investment buying of the metal has slowed, UBS said. Gold holdings in the SPDR Gold Trust, the biggest exchange- traded fund backed by bullion, advanced for ...
Bloomberg - USA

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Universal Wrecking Corp Proudly Announces Another Accident Free Year


Universal Wrecking Corp (UWC), a diversified demolition, wrecking and scrap metal recycling contractor, is proud to announce another accident and incident ...
MediaSyndicate (press release) - USA

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Mother driven to steal for school costs, court told


The need for money to buy school stationery drove a mother to steel scrap metal, Tauranga District Court was told today. Kelly Jane Carter, 32, ...
Stuff.co.nz - New Zealand

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Gold, precious metals on march again


But because Asian scrap metal keeps flooding the market, investors would need to see a substantial increase in gold demand. Undoubtedly, scrap inflows have ...
Commodity Online - Kochi,Kerala,India

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Foundry glow led to life-long career


From a foundry cadet in 1965 when as part of a team of four he raced to load the scrap metal on a trolley for the furnace, Mr Katchmarsky left the Queen ...
The Border Mail - Australia

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Mayor to announce changes to IMPD part-time policy


The announcement follows an investigation involving OmniSource Scrap Metal and the dozens of Metro officers who worked there. Police and federal agents ...
WTHR - Indianapolis,IN,USA

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Restrictions planned on IMPD moonlighting


The changes were spurred by the announcement earlier this week of a federal investigation into a scrap metal recycling firm that employed 51 city police ...
Indianapolis Star - United States

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The Daily Resource 02/26/2009


Inbound shipments could jump to about 2 million metric tons as scrap metal supplies plunge and Chinese government spending sustains consumption, ...
International Business Times - New York,NY,USA

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Alan Stadnick: Disputing Piper's claims about dumping at the ...


The dump had two main areas, one for garbage and one for scrap metal. The scrap metal was dumped on the future site of the Humane Society building, ...
TCPalm - West Palm Beach,FL,USA

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Friday, 27 February 2009
 

10-Q: SHILOH INDUSTRIES INC


Changes in the price of scrap steel can have a significant effect on the Company's results of operations because substantially all of its operations...
MarketWatch (press release) - USA

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Construction Materials Prices drop 0.3% in January


Aggregates prices continue to increase, rising 1.3% in January. Also steel scrap prices rose 22% in January on top of a January increase. ...
Reed Construction Data - Norcross,GA,USA

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Fortescue Won’t Sell Shares, Seeks End to Stock Halt


The Perth-based company was set to scrap a planned A$500 million share sale to institutions on weak demand, the Sydney Morning Herald reported earlier today ...
Bloomberg - USA

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Nuinsco Evaluating Processing of Mineralization From Cameron Lake ...


Nuinsco Resources Limited and Victory Nickel Inc. invite you to meet Michael Lambert, member of Canada's National Snowboard Team and one of the stars of the ...
MSNBC - USA

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Mining company to drill for nickel and copper in Belmont, Marmora


MARMORA — One of Canada's largest mining exploration companies will spend more than $1 million this year drilling for nickel and copper deposits in south ...
Belleville Intelligencer - Belleville,Ontario,Canada

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The Daily Resource 02/25/2009


Copper jumped more than 4 cents from yesterday’s close to $1.4872/lb. Nickel tacked on just under 14 cents to finish at $4.3522/lb. Zinc was little changed, ...
International Business Times - New York,NY,USA

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Strongbow Announces NI 43-101 Compliant Indicated and Inferred ...


"The release of this initial resource estimate for Nickel King confirms the potential of the Main Zone as a near surface, bulk tonnage nickel-copper-cobalt ...
Market Wire (press release) - USA

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Thursday, 26 February 2009
 

Radioactive contamination in steel: a wake-up call


India imports more than 80 per cent of stainless steel metal scrap for recycling in the steel industry. Also most of the contaminated material was exported. ...
Hindu - Chennai,India

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Campaign sees drop in thefts


"It has been a team effort and it is important this new working relationship between police and the scrap metal industry continues because it is the most ...
Newmarket Journal - Newmarket,England,UK

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Police: Stolen car sold as scrap metal


LEE COUNTY: A car was stolen from a woman with Alzheimer's and police say it was taken to a recycling factory and sold as scrap metal. Recycling metal is an ...
MSNBC - USA

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Thefts of converters a catalyst for caution


Important to a vehicle in reducing engine emission poisons, a catalytic converter attracts thieves who can sell it to scrap metal dealers for the value of ...
Explore Baltimore County - Baltimore,MD,USA

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Metal scandal tarnishes police


The list of off-duty IMPD officers that OmniSource employed includes Detective Jason Prendergast, the department's lead investigator of scrap metal thefts. ...
Indianapolis Star - United States

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Credit crunch cars being dumped


Credit-crunch scrap metal prices are driving motorists to dump their old cars in the Forest of Dean. Street wardens have increasingly seen cars being ...
thisisgloucestershire.co.uk - Gloucester,England,UK

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Zinc Rises Most in 2 Weeks in London as China Builds Stockpiles


The government may also start to buy nickel to increase state reserves, the report said. The State Reserve Bureau has also bought aluminum and copper this ...
Bloomberg - USA

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Fancamp Options Villebon Property


... VENTURE:FNC): The Company wishes to announce that its 50% held (50% Sheridan Platinum Group) nickel-copper-PGE project, known as the Villebon Property, ...
Trading Markets (press release) - Los Angeles,CA,USA

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Rio Tinto says committed to Indonesia nickel project


L) remains committed to a $2 billion nickel project in Indonesia's Sulawesi island, although is waiting for more clarity under a new mining law, ...
Reuters - USA

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Selling Australian Key Mining Assets Risks the Country’s Future.


It may sound that I am oversuspicious, but it is almost like someone has deliberately assembled a package of gold, nickel, copper, zinc, etc... and greatly ...
Gerson Lehrman Group - New York,USA

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Selling Australian Key Mining Assets Risks the Country’s Future.


It may sound that I am oversuspicious, but it is almost like someone has deliberately assembled a package of gold, nickel, copper, zinc, etc... and greatly ...
Gerson Lehrman Group - New York,USA

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STOCKS NEWS US-Longbow downgrades US Steel to neutral


"Although we reiterate US Steel's strong positive valuation relationship with ferrous scrap input costs, unexpected short-term scrap price pressure renders ...
Reuters - USA

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Miner scraps public raising


... $558 million of equity to Hunan Valin Iron & Steel. Institutions are believed to have bid for shares at much lower prices in a book-build and although a ...
The Age - Melbourne,Australia

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*Colakoglu buys its first billet from the LME


Scrap prices are around $250 a tonne. Scrap is the major raw material for producers of billet and rebar, two forms of long steel mainly used in construction ...
guardian.co.uk - UK

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Scrap Metal Facility Raided for Stolen Materials


For example, a ton of aluminum trades for almost $600, whereas steel cans trade only for $69 per ton at current market prices as listed on ScrapIndex.com. ...
Earth911.com - Scottsdale,Arizona,USA

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EXCLUSIVE-SGL sees profit in Q1, steel market recovery in H2


... accounting for almost half of overall sales at the German company, are built into electric arc furnaces to recycle scrap metal into steel. ...
Reuters - USA

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Wednesday, 25 February 2009
 

Off-Duty Officers Pulled From Scrap Yards Under Investigation


OmniSource spokesman Ben Eisbart said the company was aware of the issue of the selling of stolen scrap metal and had hired the officers to curb the ...
INDYchannel.com - Indianapolis,IN,USA

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River City Recycling opens Memphis facility


River City Metal Recycling has opened a scrap metal recycling facility in Memphis, its ninth location overall. The company has a 40000-square-foot facility ...
Bizjournals.com - Charlotte,NC,USA

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Afghan children killed scavenging for scrap metal?


... the children had likely been scavenging for bits of scrap metal — a common practice in a dirt-poor country that’s littered with the detritus of war. ...
Winnipeg Sun - Canada

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Afghan children killed in blast likely scavenging for scrap metal ...


Picking up bits of metal for recycling is among the few ways of earning a living in the desperately poor district of southern Afghanistan.
The Canadian Press - KANDAHAR, Afghanistan

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Man fined for illegal transport of scrap metal


A Croydon man has been prosecuted for illegally transporting scrap metal as part of a joint Sutton Council and police road stop operation. ...
Your Local Guardian - England,UK

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Copper, nickel soften on weak global cues


NEW DELHI: Copper and nickel plate prices on Tuesday fell up to Rs 5 per kg in the non-ferrous metal market in the national capital largely in line with ...
Hindu Business Line - Chennai,India

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LiteWave Acquires Villebon Platinum-Nickel-Copper Property, Val-d ...


(OTCBB: LTWV) is pleased to announce the joint acquisition of a strategic Nickel-Copper-PGE project, the Villebon Property, in the Val-d'Or Mining Camp, ...

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Ill-fated deal officially ends


The deal would have combined HudBay's well-established zinc and copper operations in Manitoba with Lundin's mines in Portugal and Sweden as well as its ...
Globe and Mail - Canada

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Gold falls from highs, copper rebounds


Key stainless steel ingredient nickel rose to $9580 from $9495 a tonne. Lead climbed to $1035 from $1030, and tin rose to $10550 from $10525 a tonne. ...
Daily Times - Lahore,Pakistan

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Mining company to drill for nickel and copper in area


Havelock-Belmont-Methuen – One of Canada's largest mining exploration companies will spend more than $1 million this year drilling for nickel and copper ...
Community Press - Stirling,Canada

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Ternium Announces Full Year and Fourth Quarter 2008 Results


Revenue per ton shipped increased 36% to US$1126 in 2008 compared to 2007, mainly as a result of higher steel prices and the consolidation of Grupo Imsa's ...

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Aluminum drops to seven-year low


Talk of SRB buying to boost reserves and the “very tight availability” of copper scrap should underpin the prices, analysts said. “The difficulty in getting ...
Globe and Mail - Canada

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Tuesday, 24 February 2009
 

Cops raid scrap metal recycling company


Metro police have raided one of the nation's largest scrap metal recycling companies. Fort Wayne-based OmniSource Corporation is under fire for allegedly ...
WISH - Indianapolis,IN,USA

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Stop hydrants from being hot items for scrap metal dealers


But unscrupulous thieves keep stealing the heads of fire hydrants to sell to scrap metal dealers. As their uncivic action escapes the authorities’ detection ...
Malaysia Star - Malaysia

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Police raid metal recycling business


He said the company also trains officers and employees in how to identify stolen scrap metal. OmniSource has employed IMPD officers to work security at its ...

Chicago Tribune - United States

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Magpies reportedly build nest using scrap metal


News reports said that a pair of common magpies built a nest on a tree in Hong Kong's Tuen Mun district using scrap metal twigs believed to have been ...
The Associated Press

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Police raid major metal recycling firm


The raid on six Omni Source scrap yards is the culmination of a year-long investigation into the lucrative scrap metal business. OmniSource employs 51 IMPD ...

Indianapolis Star - United States

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Joint Venture for Scrap Metal Yard Created in Illinois


Inviting and supporting the development of a metal scrapping and recycling center at the Depot is part of RVPR comprehensive and long term development ...
Recycling Today - Cleveland,OH,USA

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Requests for Proposal (RFPs) for the Week


The RDNO is seeking quotations from qualified Contractors to process, transport and market collected scrap metal from these facilities with a return of ...
Recycling Today - Cleveland,OH,USA

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Cuba’s Scrap Metal Recycling Meant over 100 Mill Savings


Jorge Luis Batista, head of the Scrap Material Recycling Enterprise Union told ACN news agency that 306347 metric tons of scrap metal were collected during ...

Periódico 26 - Las Tunas,Cuba

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Metal thefts crackdown hailed a success


The crackdown, which has seen police join forces with partner agencies and scrap metal dealers, together with the falling market value of metal, ...
Cambridge Evening News - Cambridge,England,UK

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Metal thefts crackdown hailed a success


The crackdown, which has seen police join forces with partner agencies and scrap metal dealers, together with the falling market value of metal, ...
Cambridge Evening News - Cambridge,England,UK

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Artist to exhibit scrap-metal sculptures in north


SCRAP metal sculptures of predatory animals and their quarry will go on show at an Inverness-shire gallery next month. Helen Denerley’s Flight or Fight ...
Press and Journal - Aberdeen,Aberdeenshire,UK

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Sumitomo Mining seeks more control on copper flows


L) are scaling back nickel and copper production or delaying development projects, Sumitomo Metal Mining has no plan to change its expansion programmes, ...
Reuters UK - UK

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China Jan imports of refined copper fall 14.7 pct on month


China is the world's top consumer of copper and aluminium. It imported 7622 tonnes of refined nickel in January versus 10765 tonnes in December. ...
Reuters - USA

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Indonesia sees higher 2009 tin, copper output


Gold production was forecast to rise to 99.34 tonnes from 58.83 tonnes last year and nickel-in-matte output was projected to increase to 86180 tonnes from ...
Alibaba News Channel - New York,NEW YORK,USA

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Half Yearly Report and Accounts App 4D


A major highlight was the successful commissioning of the Jinchuan nickel smelter in China. This is the first application of Ausmelt's TSL technology for ...
Sydney Morning Herald - Sydney,Australia

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Italian scrap price down by EUR 15 a tonne


It is reported that Italy's domestic scrap price dropped by EUR 15 per tonne in the beginning of February 2009 and meanwhile the price in other European ...
SteelGuru - Gurgaon,Haryana,India

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Monday, 23 February 2009
 

Ferry goes from prized purchase to eBay


By the time the group realized the ferry would need more work than expected, the price of scrap metal had fallen 70 percent. Jon Meyers, in charge of real ...
MarketWatch (press release) - USA

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Dozens protest steel foundry in Berkeley


The plant melts scrap metal and pours it into custom molds to create large steel parts for buses, bridges and other applications. The process of melting the ...
San Francisco Chronicle - CA, USA

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Scrap metal converted into steel behind the walls of Norfolk plant


Nucor Steel has changed the steel industry by taking scrap metal and converting it into useful products. Instead of using expensive iron ...
North Platte Telegraph - North Platte,NE,USA

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Tokyo Steel to reduce steel price for March shipment


Japan's domestic market prices of locally available ferrous scrap have turned somewhat weak until now. But Tokyo Steel still faces inadequate arrivals of ...
SteelGuru - Gurgaon,Haryana,India

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Kivort Steel takes steps to succeed in a bad economy


He thought the company would do better by shedding the scrap metal side of the business and moving into distribution. He also believed the business would do ...
Schenectady Gazette - Schenectady,NY,USA

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Martha's Vineyard Ferry For Sale On eBay


The price of scrap metal was high, and the company figured it could scrap the ship if necessary repairs were too costly. But an extensive survey found that ...
Boston Channel.com - MA, USA

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‘PSM on the path of recovery’


KARACHI: Despite being affected by global economic recession and incurring losses, the Pakistan Steel Mills will regain its lost sales and will reach the ...
Daily Times - Lahore,Pakistan

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Sen. Tomassoni blasts legislation targeting mining


Non-ferrous mining refers to a process for extracting copper, nickel, zinc and gold, among other minerals. You must be a Registered User to view the rest of ...
Herald Review - Grand Rapids,MI,USA

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Anglo American cuts 19000 jobs as profits fall at the big miner


In its financial report, Anglo American said operating profit in the base metals division - including copper, nickel and zinc - dropped 42 per cent in 2008. ...
The Canadian Press - LONDON

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Sunday, 22 February 2009
 

Anglo American


Its coal and iron ore businesses boomed last year, but demand for base metals such as copper, nickel, zinc and lead collapsed in the second half, ...
Ninemsn - Sydney,New South Wales,Australia

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Gold at 11-month high, copper sinks 3 percent


Key stainless steel ingredient nickel traded at $9650 from Thursday’s $9900, lead dropped to $1026 from $1070.5 and Zinc slipped to $1086 from $1132 a tonne ...
Daily Times - Lahore,Pakistan

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DJ Delayed Base Metal Projs To Push Prices Higher-Anglo American


The company said nickel and copper production are forecast to rise in 2009, with zinc and phosphate production remaining at similar levels to 2008. ...
Trading Markets (press release) - Los Angeles,CA,USA

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Vineyard ferry washes up on eBay


He said the New York corporation's plans were badly eroded when the price of scrap metal and steel dropped by 70 percent over the past year. ...
Cape Cod Times - Hyannis,MA,USA

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Heavy Metal


HERE at TNT Scrap Metal, a junkyard that sits on a desolate industrial stretch along the Brooklyn-Queens border in East Williamsburg, ...
New York Times - United States

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Saturday, 21 February 2009
 

Robert Stolarik for The New York Times


HERE at TNT Scrap Metal, a junkyard that sits on a desolate industrial stretch along the Brooklyn-Queens border in East Williamsburg, ...
New York Times - United States

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UWC completes recycling of shipping containers for scrap metal


Universal Wrecking Corporation has announced that it recently completed the purchase and scrap metal recycling of damaged cargo containers. ...
SteelGuru - Gurgaon,Haryana,India

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Scrap metal is hot commodity


As the Richmond County sheriff's "copper man," Investigator Brown has seen his share of unusual and sometimes illegal things sold for scrap. "If a metal ...
Augusta Chronicle - Augusta,GA,USA

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Truck spills scrap metal in Exit 6 rollover


BARNSTABLE — A tractor-trailer carrying scrap metal tipped over as it exited Route 6 yesterday morning, spilling thousands of pounds of debris along the ...
Cape Cod Times - yannis,MA,USA

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Copper Accelerates Decline in London After Jump in Inventories


Zinc and nickel also dropped. Copper inventories in LME-monitored warehouses rose 3.3 percent, the most since Jan. 29, to 545600 metric tons....
Bloomberg - USA

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FNX Mining Reports Unaudited 2008 Operating Results


In total, the Levack Complex shipped 682681 tons of nickel contact ore and 330067 tons of copper-precious metal footwall ore for a total output of 1012748 ...
MSNBC - USA

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Lawmakers to mull restrictions on sulfide mining


A bill introduced at the Capitol today could put new restrictions on mining for metals like copper and nickel. Duluth, Minn. — The proposal is intended to ...
Minnesota Public Radio - Saint Paul,MN,USA

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Vale Quarterly Profit Falls on $950 Million Nickel Asset Charge


Vale’s fourth quarter sales of non-ferrous metals, including copper and nickel, fell 41 percent to $2.1 billion, from $3.5 billion a year earlier, ...
Bloomberg - USA

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Newmont, Goldcorp 4th-quarter profits top view


Base metals such as zinc, nickel and copper have been hit by the deepening global recession, while silver prices also fell towards the end of 2008....
Reuters - USA

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DJ BASE METALS HIGHLIGHTS: Top Stories Of The Day


... its Caldag nickel mine in Turkey, sending its shares up 80%. Copper futures posted a stronger close but remained in their consolidation range Thursday, ...
MarketWatch (press release) - USA

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Diana Shipping Q4 2008 Earnings Call Transcript


Here there are few positive signals to watch out for such as the China steel prices which have recently begun to rise and the pickup in the rate of Chinese ...
Seeking Alpha - New York,NY,USA

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US inbound steel scrap flows wane on lower prices


Platts reported that US inbound ferrous scrap flows continued to whither under the combined pressure of harsh and volatile winter weather and lower scale ...
SteelGuru - Gurgaon,Haryana,India

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Gerdau Ameristeel posts net loss of USD 1.3 billion in Q4


For the three months ended December 31st 2008, metal spread, the difference between mill selling prices and scrap raw material costs, was USD 636 per tonne ...
SteelGuru - Gurgaon,Haryana,India

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Layoffs of EC bar plant steelworkers begin Sunday


The bar company includes an electric furnace, which makes billets from scrap steel, and the 12-inch bar mill that rolls the billets into steel bars. ...
Munster Times - Munster,IN,USA

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2008 Year in Review Year with a Split Personality


... mineral commodity and scrap prices. To cite a few examples, Steel Dynamics Inc. purchased 6000 acres for mining on the Mesabi Iron Range in Minnesota. ...
Metal Center News - Oak Brook,IL,USA

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Friday, 20 February 2009
 

Metal thefts decline


"With The price of scrap metal's going down, people aren't getting much when they take their metal in to scrap it, so we've seen fewer thefts of copper wire ...
KTKA.com - Topeka,KS,USA

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Man charged with theft of old plant metal


Pruden is the first person to be caught in suspected theft of scrap metal from the 23-acre site. However, Leggett believes the area has had many more ...
Brookhaven Daily Leader - MS, United states

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Recycling businesses not recession proof


And even though they’re charging customers a premium for accepting recyclables, Macon Scrap Iron is laying off half its workforce. Metal recycling has swung ...
The Baldwin Bulletin - Milledgeville,GA,USA

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Ark. House panel advances bill toughening law on sales of scrap metal


An Arkansas legislative committee has advanced a bill that aims to cut down on scrap-metal thefts. ...
WREG - Memphis,TN,USA

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How to fix the America we love


Disband the military and turn all our weapons/tanks/medals into scrap metal, save a few nuclear warheads. “But Nate, if we do that we’ll be vulnerable to ...
Etownian - Elizabethtown,PA,USA

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How to fix the America we love


Disband the military and turn all our weapons/tanks/medals into scrap metal, save a few nuclear warheads. “But Nate, if we do that we’ll be vulnerable to ...
Etownian - Elizabethtown,PA,USA

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Pa. plumber cops plea in pilfered pipes case


The 30-year-old Clifton Heights man said he sold the pipes as scrap metal to support a drug habit. One investigator had said it took the plumber about four ...
The Associated Press

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Low demand hurts metal recycler Sims


But scrap metal intake in the US fell sharply in the second quarter to 2.4 million tonnes, down from 4.2 million in the first quarter. ...
The Australian - Sydney,Australia

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Mining advocates dislike limits in copper-mining bill


PolyMet proposes to invest $600 million in the project that would mine near Babbitt and process the copper, nickel and other precious metals at the site of ...
Duluth News Tribune - Duluth,MN,USA

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Freewest Discovers New Chromite Zone on Its 100%-Owned McFaulds ...


Black Label chromite mineralization is in part coincident with nickel-copper-PGE mineralization comprising the F2 target as reported by Freewest on February ...
MSNBC - USA

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Champion Minerals Completes Initial Drilling at Powderhorn ...


... magnetic anomalies and since only trace to 1% sulphide was encountered, the potential for nickel-copper magmatic sulphides is not evident at this time. ...
MSNBC - USA

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Vulcan Minerals Inc.: Flat Bay Core Drilling Commences


Also, the Company has been advised by Nortec Ventures Corp (Nortec) that they are surrendering their option on the Kingurutik nickel/copper prospect in ...
MSNBC - USA

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Hot-rolled sheet steel price forecast at $515/ton for 2009


Toronto-based Willemse says he “continues to be concerned with the low rate of capacity utilization in the steel sector, particularly in the US” He notes ...
Purchasing.com - Newton,MA,USA

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Former Delphos employee pleads guilty in criminal case


Berquist said the city does have a scrap pile where items such as stone and steel pipe are held, but employees are not allowed to take items for personal ...
LimaOhio.com - OH

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Sims Metal sees signs of better times ahead


In recent months, global scrap prices have tumbled as demand for steel, copper and aluminium slowed amid the global economic slump. ...
The Australian - Sydney,Australia

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Producer Price Index Rises 0.8% in January


The increase in iron and steel scrap prices accelerated to 21.9 percent from 13.8 percent in the preceding month. The index for gold ores also advanced more ...
123Jump.com - Miami Beach,FL,USA

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Japanese ferrous scrap price in downward trend


The price is likely to move downward to stay lower level when the domestic demand could keep very low under major production cut by integrated steel makers ...
Steel Prices China - Gurgaon,Haryana,India

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Thursday, 19 February 2009
 

Scrap Supplies To Surprise The Copper Market


But as Barclays Capital notes, what is often forgotten about with respect to the supply side response is the impact scrap metal has on market balances for a ...
FN Arena News - Sydney,Australia

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Sims Metal Management Announces Fiscal 2009 Half Year Results


Scrap intake in Europe declined by 33 percent from the first quarter to the second quarter. We recently expanded and enhanced our UK metal recycling ...
MarketWatch (press release) - USA

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US Steel workers scrap plan to share with laid off comrades


A proposal for US Steel Corp.'s union workers to donate a small portion of their fourth quarter 2008 profit sharing payments to ...
Times - Munster,IN,USA

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Dry Bulk Rally Will Be Short Lived


... steel prices appears minimal. As further world stimulus programs begin taking effect, a modest increase in demand can be expected. We continue to scrap ...
Gerson Lehrman Group - New York,USA

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Buy American provision could help steel industry, critics fear it ...


Some workers at Gerdau Ameristeel's Rose City mill, where scrap metal is turned into re-bar, wire hangers and other products, had their overtime hours ...
Beaumont Enterprise - Beaumont,tx,USA

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Ron Bloom, Obama's Car Non-Czar


He is particularly known for working on deals related to recent steel industry bankruptcies. In many of these deals, the USW made considerable concessions ...
TIME - USA

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Steel Partners scraps Sapporo offer


Steel Partners underlined the waning interest of activist shareholders in Japan as it withdrew its offer to raise its stake in Sapporo Holdings, ...
FT Alphaville - London,UK

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Emerging-Market Stocks Fall Most in 3 Months; Europe Banks Drop


OAO GMK Norilsk Nickel, Russia’s biggest metals company, dropped 15 percent as nickel and copper sank. Bank Pekao SA, Poland’s largest lender, ...
Bloomberg - USA

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Discovery Metals acquires funds for more exploration


... million) through a share placement with financial services provider, Resource Capital Funds Management (RCF), for its copper and nickel project in Maun. ...
Mmegi Online - Gaberones,Botswana

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The big rise and great fall of base metals!


Till recently every investor was gung-ho about the base metals like copper, zinc, nickel, lead, and aluminum following increased demand from countries like ...
Commodity Online - Kochi,Kerala,India

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Half Yearly Accounts


In particular, drill-holes RBRB071, RBRB074, RBRB180 and RBRB183 returned over 0.3% nickel and 0.01% (100ppm) copper. These drill holes are located toward ...
Sydney Morning Herald - Sydney,New South Wales,Australia

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Cruise ship discharge bill on the move


But they've had trouble meeting the required levels for ammonia, copper, nickel and zinc, prompting the state to postpone setting stricter standards for ...
Anchorage Daily News - Anchorage,AK,USA

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Adroit Resources Inc.: Red Vein Soil Results and Expropriation ...


Anomaly A is 1 km long by 300 m wide and has a response ratio greater than 200 times the background for copper and over 50 times the background for nickel ...
Market Wire (press release) - USA

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Adroit Resources Inc.: Red Vein Soil Results and Expropriation ...


Anomaly A is 1 km long by 300 m wide and has a response ratio greater than 200 times the background for copper and over 50 times the background for nickel ...
Market Wire (press release) - USA

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Wednesday, 18 February 2009
 

Man Sought for Scrap Metal Theft


Police say one scrap metal theft investigation may help them solve another. They need your help tracking down Christopher Custer. They say he may have taken ...
WFMZ-TV Online - Allentown,PA,USA

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Cuba saves USD 95 million in scrap metal recycling industry


Mr Jorge Luis Batista head of the Scrap Material Recycling Enterprise Union said that 306347 tonnes of scrap metal were collected during 2008, ...
Your Metal News (press release) - Aberdeen,UK

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New Scrap Metal Bill Could Deter Thieves


When it's sold to a scrap metal buyer, a thief makes money, but not very much. It is very expensive to replace, though. When one of the converters is stolen ...
WJZ - Baltimore,MD,USA

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Scrap metal sales target of legislation


Legislation introduced in the Arkansas House of Representatives Monday could lead to more stringent laws regarding the sale of scrap metal in Arkansas. ...
Times-Herald - Forrest City,AR,USA

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Universal Wrecking Corp. Completes Scrap Metal Recycling Project


Universal Wrecking Corp. recently completed a project that consisted of the purchase of scrap metal as well as various obsolete equipment from a private ...
PR-USA.net (press release) - Varna,Bulgaria

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Law after thieves targeting cars for metal


Of the estimated 700 vehicles stolen in the past year, between 30 percent and 40 percent of them were stolen for scrap metal, according to Maj. ...
Montgomery Advertiser - Montgomery,AL,USA

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OneSteel trims production, cuts more jobs


A JP Morgan analyst, Mark Greenwood, said the result in OneSteel's materials division, which includes scrap and iron ore, was "quite poor"....
Sydney Morning Herald - Sydney,New South Wales,Australia

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Japan Hot Stocks-Developers, Mabuchi Motor, steelmakers, banks


Tokyo Steel, which produces steel from steel scraps rather than iron ore, has been expanding sales channels from mainly construction use into manufacturing ...
Forbes - NY,USA

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Slowdown signs - Corus sees bleak UK steel can market


He said that while some other companies were still buying cans at low prices, Corus had effectively closed its can route collection centers and many steel ...
SteelGuru - Gurgaon,Haryana,India

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Copper, nickel extend weakness on subdued global cues


Copper and nickel today continued to decline in the national capital largely in line with weakening global trends in base metals on ...
Indopia - India

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India copper flat as weak rupee offsets lower LME


India copper futures traded flat on Tuesday as pressure from weak London market was offset by a weaker rupee at a two-month low, ...
Reuters India - Mumbai,India

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German Stocks Fall, Led by Banks, Utilities; Premiere Slumps


Copper fell to a one-week low in London on speculation a recovery in demand for industrial metals will be delayed beyond the second half. Nickel ...
Bloomberg - USA

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Tuesday, 17 February 2009
 

Bill to Toughen Penalties for Metal Theft


The bill aslo prohibits cash payments to persons known to have been previously convicted of scrap metal theft. If a legal transaction takes place, ...
KARK - Little Rock,USA

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Lawmakers Look to Strengthen Copper Theft Law


A bill introduced Monday at the capitol requires scrap metal dealers to record more information about sellers, in hopes of curbing copper theft....
KATV - Little Rock,AR,USA

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Scholz Invests an Additional $49 Million in Aussie Metal Recycler


Ltd., an Australia-based scrap metal recycling firm. Scholz, based in Germany, is acquiring 230 million shares of CMA for $.213 a share. ...
Recycling Today - Cleveland,OH,USA

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County, state action sought for dump site


by Linda Burchette, Assistant Editor Post Photo/Linda Burchette Heading south on Old Wilkesboro Road, one will encounter a huge pile of scrap metal dumped ...
Jefferson Post - West Jefferson,NC,USA

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Ark. lawmaker files bill to expand DNA testing


Under another bill filed Monday, more scrap-metal dealers would be required to collect information from sellers and the sale of more scrap parts would be ...

Hays Daily News - Hays,KS,USA

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Ark. Lawmaker Proposes Stiffening Scrap Metal Law


More scrap-metal dealers would be required to collect information from sellers and the sale of more scrap parts would be prohibited under legislation ...
Today's THV - Little Rock,AR,USA

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Requests for Proposal (RFPs) for the Week


City of Georgetown is soliciting sealed proposals for: Bid Number 29030 – Sale of Scrap Metal. Bid Opening – Tuesday, March 3, 2009 at 3 pm Specifications ...
Recycling Today - Cleveland,OH,USA

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Capitol Catchall: Guns, copper thieves and Sen.-elect Franken


The bipartisan Secondary Metal Theft Prevention Act of 2009, according to a Klobuchar press release, “contains a ‘Do Not Buy’ provision which bans scrap ...
Minnesota Independent - Minneapolis,MN,USA

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No local Household Hazardous Waste event this year


The county's scrap metal contract with South East Recovery Group is "still good," according to members of the authority, with the county taking in $2300 in ...
Shelbyville Times-Gazette - TN,USA

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Could "Buy American" Rule Spark Trade War?


Instead of using expensive iron ore to make steel, Nucor uses mostly scrap - anything with steel, like crushed cars or old washing machines. ...
CBS News - New York,NY,USA

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Budget: The fiscal policy overview


... in prices, export duties were imposed on many items in the iron and steel sector @ 15% ad valorem on pig iron, sponge iron, iron and steel scrap, ...
Rediff - Mumbai,Maharashtra,India

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Dongkuk Steel hikes H beam prices by KRW 50000 a tonne


Dongkuk Steel has announced to raise its H beam prices due to reduction in building construction, higher scrap prices, and the deterioration of earnings. ...
SteelGuru - Gurgaon,Haryana,India

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Tata, a towering icon of India, stumbles, raising alarms


... authorities to scrap plans for a shipyard and a petrochemical plant spread over 8900 hectares of farmland. Steel plants being built in the neighbouring ...
The Canadian Press - NEW DELHI

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Wrap reveals recovered material price increases


In the three weeks to 9 February, the price of cardboard rose by 43% to £50 per tonne, while steel increased from £10 to £15 per tonne. ...
packagingnews.co.uk - UK

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Copper, nickel down on weak global cues


New Delhi, Feb 16 Select base metals, copper and nickel melted down in the national capital today on stockists selling largely on weak trends in global ...
Indopia - India

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METALS INSIDER: $1 trillion? What else, Mr Geithner?


... and weekly changes: Close Chg on Week Pct Chg Aluminium $1377 -$91 -6.2 Copper $3450 -$110 -3.1 Lead $1170 -$15 -1.3 Nickel $10325 -$1180 -10.3 Steel FE ...

Reuters - USA

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Monday, 16 February 2009
 

Australian scrap metal recycler gets aid from Scholz


INTERNATIONAL scrap metal recycler and trader Scholz has agreed to invest $48990000 in Australian metal recycling group CMA. Scholz will buy 230 million of ...
Australian Metal Worker - Sydney,NSW,Australia

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Old tools, scrap metal now ‘whimsical, quirky’ art


To create his beasties, Carrera welds together scrap metal and discarded tools including rakes, shovels and saw blades. To use his welding machine he has to ...

The News-Press - Fort Myers,FL,USA

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Economy hits recycling hard


Both are top officials in longtime Muskogee scrap metal businesses. “We’ll see some more go out of business — but I don’t think we’ll see it in our region. ...
Muskogee Daily Phoenix - Muskogee,OK,USA

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European Stocks Snap Two-Week Rally; Lloyds, EDF Shares Retreat


Anglo American, the mining company that controls the world’s biggest platinum producer, dropped 13 percent as metals including copper, lead and nickel ...
Bloomberg - USA

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Venezuelans Vote on Chavez’s Second Bid to Scrap Term Limits


He took over the biggest telecommunications and electricity companies, a steel mill, the cement industry and a commercial bank. He also forced foreign oil ...
Bloomberg - USA

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A towering icon of India stumbles, raising alarms


... 2007 and forced authorities to scrap plans for a shipyard and a petrochemical plant spread over 22000 acres of farmland. Steel plants being built in the ...
The Associated Press

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Sunday, 15 February 2009
 

US Congress Introduces Metal Theft Bill


"The vast majority of scrap metal dealers are perfectly legitimate and law abiding," said Klobuchar. "This law is designed to deter the thieves. ...
Recycling Today - Cleveland,OH,USA

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Legislation could crack down on metal theft


As Terry’s office reports, the stolen property is often sold to scrap metal yards for cash. “Scrap metal theft is a growing and dangerous problem to our ...
York News-Times - York,NE,USA

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TK profit falls on global steel slump


Until the melt shop begins making new steel from scrap, the company will ship raw material from Europe to the cold-rolling line at Calvert, Middelmann said. ...
Press-Register - al.com - Mobile,AL,USA

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Russian scrap market on recovery mode


As per report, owing to insufficient resources and low steel inventories, steel mills will continue to raise scrap purchase prices. ...

SteelGuru - Gurgaon,Haryana,India

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Nippon Steel to cut H beam prices in over more than 3 years


Electric furnace steelmakers have already lowered H beam prices on the back of lower costs for scrap iron. Tokyo Steel Mfg Co cut prices by a total of JPY ...
SteelGuru - Gurgaon,Haryana,India

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BAY STREET-Base metal stocks cheap, but no bargain


But the industry has had a rough ride since then, with prices of nickel, zinc, and copper losing more than half their value due to slumping global demand. ...
Reuters - USA

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Gold slips as financial fear recedes


Copper climbs: Copper climbed on Friday, helped by a weaker dollar, arresting four days of falls on disappointment over China’s imports and a cool response ...
Daily Times - Lahore,Pakistan

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Rep. Stupak backing anti-metal theft legislation


The stolen metal is sold to scrap yards for cash. The act would require scrap metal dealers to document their metal transactions and would prohibit cash ...
Kalamazoo Gazette - MLive.com - Kalamazoo,MI,USA

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Court upholds scrap metal decision


The association and its co-plaintiffs, two scrap metal dealers in Memphis, objected to a requirement that they “tag and hold” the scrap metal they acquire ...
Memphis Commercial Appeal - Memphis,TN,USA

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Germans scrap for car cash


The scheme could not have come at a better moment for the yards who watched the local price of scrap metal tumble from more than $300 a tonne last summer to ...
Financial Times - London,England,UK

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DC to crack down on scrap metal theft


A bipartisan effort in both the Senate and the House, seeks to crack down on scrap metal theft. Rep. ...
Petoskey News-Review - Petoskey,MI,USA

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Business Spectator - Melbourne,Victoria,Australia


It could reignite excitement in the scrap metal industry, which has been in hibernation since Sims Metal Management acquired computer recycler Global ...
Saved from the scrap heap

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Saturday, 14 February 2009
 

Owner of Rome scrap yard faces prison time


The owner of a scrap metal yard in Rome faces up to 22 years in prison after pleading guilty to tax-related charges, according to the US Department of ...
Utica Observer Dispatch - Utica,NY,USA

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Scrap metal law goes to Steinhaus


Scrap metal processors in Dutchess County might have to regulate transactions that are worth $50 or less. The Dutchess County Legislature approved the local ...
Poughkeepsie Journal - Poughkeepsie,NY,USA

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Hatch targets metal thieves with new bill


Orrin Hatch targets thieves who profit by selling scrap metal torn from everything from cell towers to indoor plumbing. "We simply must ensure that the ...
Salt Lake Tribune - United States

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Bart backs metal theft bill


The stolen metal is sold to scrap metal yards for cash. These thefts interrupt important services by cutting off power supply to homes and buildings and ...
SooToday.com - USA

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Congress Proposes Metal Theft Prevention Act


The bill would require better documentation of scrap metal transactions and would prohibit cash deals above $75.
Broadcasting & Cable - New York,NY,USA

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Scrap metal thefts warning


Homeowners and farmers across Norfolk are being warned by police to be extra vigilant about the threat of scrap metal thefts. ...
Norfolk Eastern Daily Press - Norwich,England,UK

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Hatch aims to thwart scrap metal theft


Hatch said, however, "I know that many scrap metal dealers in Utah are not turning a blind eye to this problem. In fact, several metal recycling companies ...
Deseret News - Salt Lake City,UT,USA

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'Thieves' nabbed with WWII, Soviet-era tanks


The suspects hired two transport companies to move the tanks to a scrap metal depot. "They didn't realise the depot would refuse to take the tanks because ...
Independent Online - Cape Town,South Africa

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Scrap metal dealers must keep closer tabs on sales, Dutchess ...


Lawmakers unanimously passed a local law Wednesday evening enacting "crime prevention requirements for scrap metal processors," as the resolution read. ...
Mid-Hudson News - Newburgh,NY,USA

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Scrap metal collector fined for illegal transportation of waste, Devon


A man has been ordered to pay a total of £1615 in fines and costs after he was caught transporting scrap metal without a licence in a prosecution taken by ...
Devon & Cornwall Constabulary - Exeter,Devon,UK

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Group Tries To Block PolyMet Copper Nickel Mine


An organization called "Water Legacy" has formed in an attempt to block the PolyMet copper nickel mine from going ahead on the Iron Range. ...
MSNBC - USA

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Copper, nickel prices drop on gains in inventories


Stockpiles of copper kept in LME warehouses have added 52 percent since the beginning of the year. In afternoon trade in London, three-month nickel had ...
Metal Markets - UK

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Gold climbs, copper falls


Aluminium, used in transport and packaging, was down $16 at $1383 a tonne, while key stainless steel ingredient nickel fell to $10250/10255 from $10405. ...
Daily Times - Lahore,Pakistan

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Vangold Resources Announces Kafunjo Project Still Very Much Alive


The idea being that we should be getting increased levels of nickel and copper and possibly platinum and palladium as we approach and cover the 4km long ...
MSNBC - USA

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CHRIS KELLY AND MICHAEL TAYLOR


NEW YORK, LONDON — Copper prices steadied at slightly lower levels Thursday as investors digested a deal on a US stimulus package and its still-uncertain ...
Globe and Mail - Canada

Labels:



 

Norilsk Says Mining Giant Just Idea so Far


"With the dropping of export tariffs on copper and nickel, I expect our operating profit to be $1.6 billion to $1.8 billion [in 2009]," he said....
The Moscow Times - Russia

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Poor markets delay construction of Michigan mine


Construction of a proposed nickel and copper mine in Michigan's Upper Peninsula is being delayed because of poor ...
Forbes - NY,USA

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Rising ship breaking activity threatens steel prices


MUMBAI: The rising ship breaking activities at the biggest ship breaking yard, Alang might cause a fall in the steel prices as hundreds of tonnes of scrap ...
Commodity Online - Kochi,Kerala,India

Labels:



 

Olympic Steel Q4 2008 Earnings Call Transcript


On the annual margins were the result of higher steel and scrap prices in the nine months of the year. Growth in our value-add business and a sales mix of ...
Seeking Alpha - New York,NY,USA

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Corus paints bleak picture of steel can market


"We are not buying any scrap for at least the first six months of this year - certainly no packaging scrap." Mr Williams said that while some other ...
letsrecycle.com - London,England,UK

Labels:



Friday, 13 February 2009
 

Scrap steel prices decreasing


ISTANBUL - Turkish buyers’ absence in the scrap steel market has led to further price decreases, according to a report by Steel Business Briefing yesterday. ...
Hürriyet - Turkey

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Scrap iron and steel products expected to cost more


Malaysian Iron and Steel Industry Federation (MISIF) president Chow Chong Long said scrap iron prices could firm up in tandem with iron ore prices and steel ...
Malaysia Star - Malaysia

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Interseroh Chief Sees ‘Kangaroo Jumps’ in Scrap Metal Prices


Steel scrap accounted for 3.3 million tons of the total and non-ferrous metals for 290000 tons. On Jan. 23, Interseroh said declining fourth-quarter demand ...
Bloomberg - USA

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Sliding scrap prices could undercut bar prices


The crumbling construction and manufacturing economy has driven steel operating rates to 45% or lower, reducing in-plant scrap and pressuring scrap prices ...
Purchasing.com - Newton,MA,USA

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SSAB Q4 net sales up by 7% YoY


This was possible thanks to the sharp fall in scrap metal prices, a flexible cost base and a stronger USD. Profit for the full year of 2008 was very strong, ...
SteelGuru - Gurgaon,Haryana,India

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Arcelor Mittal shelves expansion


The average spot coking coal prices increased 218%, scrap prices rose 37% and the price of iron ore lump almost doubled. While the costs of raw material ...
Business Day - Johannesburg,South Africa

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Fletcher Building (FBU) $4.47


... which saw Smorgon Steel subsumed into OneSteel. Demand for its long and coated products has remained robust while prices for scrap metal (the source for ...
NEWS.com.au - Australia

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About this author:


For example, the Aluminum price recovery is not quite as persistent as Copper or Nickel. Although, observing the later weeks of January and the beginning of ...
Seeking Alpha - New York,NY,USA

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First Nickel Inc.-West Graham Ni 43-101 Indicated Mineral Resource ...


The West Graham property is unique for First Nickel in that the contained nickel and copper is not obligated to either Xstrata Nickel or Vale Inco....
MSNBC - USA

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Trelawney Appoints New President


Greg Gibson is a 30 year veteran of the mining industry having worked as a mine manager in gold and copper mines in Australia, a nickel mine in Timmins, ...
MSNBC - USA

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Gold up, reverses earlier losses


Nickel fell as much as 4.6 percent to $10300 a tonne, the lowest price since Jan. 13, from $10800 a tonne. It was at $10525 a tonne in official rings. ...
Daily Times - Lahore,Pakistan

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Recycle Old Metal Instead Of Tossing It


Recycling scrap metal from things like lawn chairs, fire extinguishers, aluminum siding, and even pots and pans helps reduce nationwide waste. ...
NewsNet5.com - Cleveland,OH,USA

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Street collapse traps truck carrying scrap metal


LOUIS -- A section of Salisbury Street collapsed this morning, trapping a tractor-trailer that was hauling 43000 pounds of scrap metal. ...
St. Louis Post-Dispatch - MO, United States

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Philly’s “SS United States” Oceanliner May End Up as Scrap Metal


A preservation group for the mothballed ocean liner fears a buyer could end up using it as scrap metal. Steven Ujifusa, who was a volunteer production ...
It's Our City - Philadelphia,Pennsylvania,USA

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Base metals dip on weak global trend


Following were today's quotations Rs per kg: Tin ingot 730, zinc ingot (Hindustan) 75, nickel plate (4x4) 695-855, gun metal scrap 225 bell metal scrap 230, ...
Hindu Business Line - Chennai,India

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Thursday, 12 February 2009
 

Lohr's Last Two Bills Pass House


Matt Lohr (R-Broadway) that deal with scrap metal processors and abandoned vehicles. HB 2164 is the result of a task force Lohr chaired over the past eight ...
WHSV - Harrisonburg,VA,USA

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Cuba's Scrap Metal Recycling Meant Over 100 Mill Savings


According to the specialized website www.scrapmetalpricesandauctions.com, during 2008 scrap metal prices skyrocketed around the world, reaching a 500-plus ...
Cuba News - Cuba

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Scrap Metal Company Faces $$$ Penalty


Last August, DEQ inspectors says they saw large areas of soil saturated with heavy oils and diesel fuel released during scrap metal recycling operations. ...
KTVL - Medford,OR,USA

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Man Fired After 37 Years for Stealing $5 Worth of Scrap Metal


The plant manager at PDM Bridge says the man tried to steal about 15 pounds of scrap metal which was worth about $5. The employee's union filed a grievance ...
WQOW TV News 18 - Eau Claire,USA

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Third man convicted in scrap metal heist


A third man was convicted Monday for his role in the theft of 600 pounds of scrap metal from Behrens Manufacturing ...
Winona Daily News - Winona,MN,USA

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Thieves take what wildfires did not


At another house, a caller complained of two men in a red Mazda pickup who were going through the Saragassa Avenue area and "picking up scrap metal from ...
Florida Today - Melbourne,FL,USA

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New Line Of Air Bath Tubs From Signature Hardware


Air baths made of copper and nickel bring a welcoming feel of warmth to any bathroom. These metal tubs range from traditional bath shapes to unique hexagon ...
PR Web (press release) - Ferndale,WA,USA

Labels:



 

Firm exploring for nickel, copper and gold


... which will be listed on the TSX Venture Exchange this week, is exploring three properties in the Porcupine Camp in search of nickel, copper and gold. ...
Timmins Daily Press - Timmins,Ontario,Canada

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Global Economy: An Examination of Commodities


Metals like copper, nickel and palladium — ubiquitous in manufacturing — have all stabilized after falling 61 percent, 78 percent and 64 percent, ...
Stratfor - USA

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The Daily Resource 02/10/2009


Nickel peaked in the pre-dawn hours and gave ground from there, closing at $5.1785/lb., down nearly 5 cents. Zinc was up early, gave most of it back, ...
International Business Times - New York,NY,USA

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Chart Presentation: Lumber


By mid-2007 nickel prices reached a top with copper and energy prices finally breaking lower during the second half of 2008. If one were to look back at a ...
Inside Futures - Chicago,IL,USA

Labels:



 

Scrap and pig iron prices slide further


As for the export, because of weak demand in steel products and the cut of steel output, scrap export prices were also very low. The H1 & H2 mixed scrap ...
SteelGuru - Gurgaon,Haryana,India

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State tries to get a handle on scrap tires


They appear in the forms of steel-belted windbreaks, random piles on the prairie and even what appears to be an entire horse arena made out of tires. ...
Casper Star-Tribune Online - Casper,WY,USA

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LDSH's Great Understatement


Scrap prices for nickel, titanium and hi-carbon steel are so low that the Company is considering inventorying them until things get better – instead of ...
Zacks.com - Chicago,IL,USA

Labels:



 

SSAB 4Q Net Drops 37%; Steel Demand Outlook Dim


It was the "only division which approached last year's profit during the quarter" due to "the sharp fall in scrap metal prices, a flexible cost base and a ...
EasyBourse.com - Paris,France

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'Bang' sculpture to be taken down


Angel of the North creator Anthony Gormley has previously written to council bosses urging them not to scrap the artwork, which was commissioned by the ...
BBC News - UK

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Wednesday, 11 February 2009
 

Steel prices continue upward march


He also attributed the steel price hike to the rising shipping costs, increasing raw material prices such as coke and shredded scrap. ...
China Daily - China

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Hyundai Steel request deferred payment in exchange rate


Bloomberg reported that Hyundai Steel, since late last year found that the request for deferred payment of scrap steel trading company in Japan. ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Chinese scrap steel import in December surges by 81% YoY


It is reported that China imported 645000 tonnes of scrap steel in December 2008, increasing by 81.3% YoY and this is the largest monthly scrap steel import ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Tung Ho Steel to raise H beam price by TWD 1000 a tonne


Tung Ho Steel has announced that it will once again raise its H beam price by TWD 1000 per tonne because of the rising scrap price in the global steel ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

ASIAN AVERAGE CARBON STEEL PRICES - LATEST FORECASTS FROM MEPS


This, coupled with rising scrap costs, should push Asian average long products prices upwards over the next few months. New capacity coming on stream in ...
MEPS - Sheffield,England,UK

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MMK Ready to Repay Mechel


Steel prices have risen since December but still remain below last summer's peaks. Domestic rebar is sold for $377 per ton, 71 percent down from a high in ...
The Moscow Times - Russia

Labels:



 

Alang set to break highest number of ships in 2009


Reflecting the drop in steel prices, scrap steel realisations have halved to Rs 17000 a tonne from Rs 34000 a tonne last year. The average daily dispatch of ...
Hindu Business Line - Chennai,India

Labels:



 

Copper, Aluminum, Nickel Fall as Reduced Use Boosts Inventories


10 (Bloomberg) -- Copper, aluminum and nickel declined in London as the global economic slowdown reduced demand for industrial metals used in buildings and ...
Bloomberg - USA

Labels:



 

Xstrata shuts Sudbury nickel mines, cuts 686 jobs


And work on its promising Fraser Morgan nickel and copper development has been postponed and "may" restart when economic conditions improve, ...
Toronto Star - Ontario, Canada

Labels:



 

FNX Mining Revises 2009 Guidance, Shares Jump


Shares in the copper, nickel and precious metals miner were up 10% in Friday morning trading after the company said it has enough cash on hand to finance ...
Seeking Alpha - New York,NY,USA

Labels:



 

India copper edges lower, awaits US stimulus package


February nickel MNKG9 was 2.51 percent lower at 547.00 rupees per kg at 4:36 pm. (Reporting by Siddesh Mayenkar; Editing by Harish Nambiar)
Reuters India - Mumbai,India

Labels:



 

US $838 billion stimulus package keenly awaited


By Julie Crust LONDON, Feb 10 (Reuters) - Copper eased on Tuesday ahead of a keenly awaited US stimulus package, as the market fretted about slumping ...
guardian.co.uk - UK

Labels:



 

Scrap isn’t pot of gold


I have operated a scrap metal recycling business on this Island since 1990 and continue to do so to date. Getting rid of the scrap mountain at the George ...
Cay Compass - Grand Cayman,Cayman Islands

Labels:



 

"The Only Thing They Saw Was A lot Of Money"


Scrap metal is selling so well other metal objects like catalytic converters and even car exhausts are also being stolen at an alarming rate here. ...
WTKR Your NewsChannel 3 - Norfolk,VA,USA

Labels:



 

Former Westhampton missile base boasts rich history, tons of scrap ...


The scrap metal initiative is expected to generate as much as $1.2 million in revenue for the county, according to Mr. Lindsay. He originally estimated that ...
27east.com - Southampton,NY,USA

Labels:



 

EPA Settlement Nets Over $12 Million for Cleanup of Newburgh ...


The site was covered with piles of debris, scrap metal, and numerous areas of dark-stained soil. In the late 1990’s, the New York State Department of ...
U.S. EPA.gov (press release) - Washington,DC,USA

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Junkyard in Beebe is told to clean up


By JOAN McCOY The owner of Dave’s Core in Beebe is in trouble with city and state officials who say he must screen his unsightly scrap metal business from ...
Arkansas Leader - Jacksonville,AR,USA

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Police to tackle illegal scrap trade


By Chris Lawrence POLICE will this week launch a crackdown on the theft of scrap metal after an significant rise in illegal exports of copper, ...
Slough and Windsor Observer - Slough,UK

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Firm on its metal for club and team


By Wes Wright » THE old image of dodgy scrap metal dealers is being junked by a new breed of efficient businessmen committed to the environment and the ...
Bolton News - Bolton,England,UK

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Tuesday, 10 February 2009
 

People part with gold jewelry for a pretty penny in ugly times


Fuller's didn't buy scrap gold until customers who saw the Cash4Gold ads asked about it, said Ken George, who handles much of the gold purchasing and ...
Dallas Morning News - Dallas,TX,USA

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The tunnels of Gaza


... and no future will be able to build rockets, mortars, pipe bombs and mines out of the tons of scrap metal and twisted ruins that Israel left behind. ...
Workers World - USA

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


Company mainly mines nickel and copper in Canada's Sudbury Basin. Feb 5 - Russia's United Company RUSAL said it will cut 11 percent of its annual aluminium ...
Forbes - NY,USA

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Copper in Shanghai Jumps Daily Limit for Second Day on Outlook


Among other LME-traded metals, aluminum was up 0.5 percent at $1475 a ton, zinc added 3.4 percent to $1225, lead rose 0.8 percent to $1169, nickel advanced ...
Bloomberg - USA

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Poor economic data stifles copper’s gains


FNX mining Co, the Canadian miner that sells nickel and copper ore to Cia. Vale do Rio Doce, said it cancelled a $100 million line of credit because the ...
Copper Investing News - USA

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Base metals rally; seem off medium term lows


From their January lows, international prices of these metals have rallied by a rage of 7% for metals like nickel and lead to 14% in case of copper....
Economic Times - Gurgaon,Haryana,India

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India copper futures lower on profit-taking, rupee


Nickel for February delivery MNKG9 was 0.68 percent lower at 566.50 rupees per kg at 3:25 pm. (Reporting by Siddesh Mayenkar; Editing by Rohini Ananthan)
Reuters India - Mumbai,India

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Chinese stainless steel scrap imports in 2008 down by 19% YoY


Also, the unit price of stainless steel scrap averaged on imports in 2008 was USD 2211 per tonne, down by 21.4% YoY as compared to that of USD 2811 per ...
SteelGuru - Gurgaon,Haryana,India

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Nanjing port witness surge in steel scrap imports


It is reported that several steel importers in Nanjing chose to import steel scrap for improving enterprise efficiency as well as reducing cost after AQSIQ ...
SteelGuru - Gurgaon,Haryana,India

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Scrap metal business costing the nation...


``Scraps are used as raw materials for iron and steel making industries which recycle them into other uses,`` she said, adding that some unfaithful...
IPPmedia - Dar es Salaam,United Republic of Tanzania

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Monday, 9 February 2009
 

BHP May Buy Mines, Plants From Distressed Rivals, Kloppers Says


Rio’s 30 percent stake in Chile’s Escondida copper mine would fit “tremendously well,” he said, declining to say whether BHP has made an approach. ...
Bloomberg - USA

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FNX Canceled $100 Million Credit on Higher Interest


6 (Bloomberg) -- FNX Mining Co., the Canadian miner that sells nickel and copper ore to Cia. Vale do Rio Doce, said it canceled a $100 million line of ...
Bloomberg - USA

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Russia clears Barrick to acquire PGM stakes


The concentrate is expected to contain 6.7 percent nickel and copper and 98 grammes of platinum group metals per tonne. The company reckons the potential ...
IPPmedia - Dar es Salaam,United Republic of Tanzania

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Local steel prices go up despite low international price


Similarly, the price of scrap steel bar has increased by Rs 7000 per tonne to Rs 55000 per tonne from Rs 48500 per tonne in the domestic market. ...
Daily Times - Lahore,Pakistan

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Scrap moves up at Jiaxing in Zhejiang Province


Someone revealed that the latest scrap price has come back to CNY 2500 per tonnes and the channel steel price with the best quality posted at CNY 2600 per ...
SteelGuru - Gurgaon,Haryana,India

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Wis. arbitrator upholds firing over $5 steel theft


An arbitrator has upheld a Wisconsin company's firing of a 37-year employee for attempting to steal less than $5 worth of scrap metal. ...
Chicago Tribune - United States

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US SMA upbeat on Buy American


The SMA claims its members account for more than 70% of US steel production, as it is the primary trade association for scrap-based electric arc furnace ...
SteelGuru - Gurgaon,Haryana,India

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Steel scrap imports at Zhangjiagang Port surging


... owing to the international steel price tumble in H2 of 2008, especially for the record low at USD 180 per tonnes in last October, steel scrap importers ...
SteelGuru - Gurgaon,Haryana,India

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Japanese ferrous scrap price peaks


JMB reported that Japanese ferrous scrap market price is peaking when the export price drops for East Asian market. Some electric furnace steel makers ...
SteelGuru - Gurgaon,Haryana,India

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Sunday, 8 February 2009
 

Carbon man gets 17-34 months for stealing metal to sell for scrap


A man who was stealing metal in Lehigh Township to sell for scrap was sentenced Friday to 17 to 34 months in state prison. Joshua J. Strohl, 23, ...
Allentown Morning Call - Allentown,PA,USA

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Trading your old gold for cash may not be good deal


Companies that make the claim say it's a fast way to get money for your metal. But customers need to be aware that these companies are buyers of scrap metal ...
WNDU-TV - South Bend,IN,USA

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Steel: ''Inventory anxiety''blankets the marketplace


Reported ferrous scrap prices as February got underway are lower compared with January, confirming the uncertainty that was expressed to us as last week ...
Purchasing.com - Newton,MA,USA

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DryShips Moves A Vessel


Nokta pointed to strengthening steel prices as the reason for stronger Capesize rates. The rise in steel prices, he said, is due to reduced stockpiles in ...
Forbes - NY,USA

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Leading Men Taking on Operatic Trials


BY the time this column appears, George R. Steel will have completed his first week as general manager and artistic director of the New ...
New York Times - United States

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FNX cancels $100m credit facility as borrowing costs soar


... and confirmed on Friday that it remains fully funded to start initial production at its high-grade copper/nickel/precious metal Levack Footwall deposit ...
Creamer Media's Mining Weekly - Garden View,South Africa

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European Stocks Rise for Second Week; Vodafone, Electrolux Gain


Copper gained 12 percent in London, the steepest advance in more than a month. Lead, tin, nickel also advanced. Swiss Reinsurance Co. plunged 40 percent, ...
Bloomberg - USA

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Saturday, 7 February 2009
 

Dutch company's scrap had uranium traces


A scrap metal company in the Dutch city of Dordecht had scrap metal that contained traces of ...
MarketWatch (press release) - USA

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Indictments issued in scrap metal thefts


Three Trenton men were indicted Tuesday by a Hancock County grand jury for allegedly stealing $30000 in scrap metal from locations in Tremont ...
Mount Desert Islander - Ben Harbor,ME,USA

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Copper, nickel strengthen on firm global cues


Tin ingot 725, zinc ingot (Hindustan) 76, nickel plate (4x4) 695-855, gun metal scrap 225 bell metal scrap 230, copper wire scrap 225, copper super D rod ...
Hindu Business Line - Chennai,India

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Centralia man sees gold in old Steel Electric ferries


... Recycling Systems, intended to scrap the vessels, Coursey said. The company backed away from the idea last fall when the price of steel plummeted. ...
TheNewsTribune.com - Tacoma,WA,USA

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Canada Making ‘Headway’ on ‘Buy American’ Proposal, Day Says


5 (Bloomberg) -- Canada is making “headway” in its battle to scrap “Buy American” provisions in a US stimulus package, Canadian Trade Minister Stockwell Day ...
Bloomberg - USA

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HOMEWORK: COMPOSTING CONTRAPTIONS


Less-expensive models, such as polyethylene plastic and heavy-gauge wire-coated steel bins (about $40), are simple to set up. One plastic model holds 27 ...
Newsday - Long Island,NY,USA

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Freewest Intersects 30.0% Cr2O3 Over 124 Metres at Black Thor on ...


Four drill holes tested a lower priority nickel-copper-PGE target in the fall of 2008 (see Freewest news release of October 17, 2008). ...
MSNBC - USA

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Copper Resumes Advance in London on Outlook for Growth in China


The three-month nickel contract rose $274, or 2.4 percent, to $11724 a ton. Nickel, used in stainless steel, has dropped 57 percent in the past year....
Bloomberg - USA

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BUYINS.NET: (BHP) SqueezeTrigger Price is $41.334. There is ...


The Company is an exporter of metallurgical coal for the steel industry; an exporter of energy coal; a producer of iron ore, copper, nickel metal, ...
Trading Markets (press release) - Los Angeles,CA,USA

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Copper: Not much joy


BHP has already hacked $US4 billion or thereabouts from the balance sheet values of its mothballed Ravensthorpe nickel project in Western Australia and more ...
LIVENEWS.com.au - Sydney,NSW,Australia

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Artificial Vision Used To Improve Recycling Of Electronic Scrap Metal


The solution proposed by TECNALIA enables the separating of elements of the same colour - such as aluminium, nickel or stainless steel -, employing the ...
Science Daily (press release) - USA

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Rible to help prevent theft of scrap metal


While there are no previous laws to regulate the scrap metal business, there are regulations in place for buyers of precious metals, according to a press ...
Atlanticville - Long Branch,NJ,USA

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Recycler saves space at landfill


Mr. Moore started his recycling business after two failed attempts to win the government tender for the removal of the scrap metal at the George Town ...
Cay Compass - Grand Cayman,Cayman Islands

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Gold Trades Little Changed as Climb Above $900 Increases Supply


5 (Bloomberg) -- Gold traded little changed in Asia as the metal’s advance above $900 an ounce increased supply from scrap and prompted some investors to ...
Bloomberg - USA

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Friday, 6 February 2009
 

US Senate heads toward stimulus vote


Another chance to scrap the restriction, which Obama has also sharply criticized, is likely to come when Senate and House of Representatives leaders hold ...
AFP

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WSF Steel Electrics may escape scrapping


Washington State Ferries' four 80-year old Steel Electric Class ferries may not be headed for scrap after all. Back in September 2008, we reported that the ...
Marine Log - New York,NY,USA

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SmarTrend Morning Call - 2/5/2009


Freeport-McMoRan Copper & Gold (NYSE:FCX) shares rose 8.4%, AK Steel Holding (NYSE:AKS) gained 5.6%, and US Steel (NYSE:X) shares rose 4.8%. Gold prices ...
Comtex Smartrend - New York,NY,USA

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S Korean firms steel scrap purchase breaks 22 million tonnes


It is reported that the purchase volume of 10 electric furnace companies' steel scrap for 2008 in South Korea went at 22.19 million tonnes, up by 6.4% YoY. ...
SteelGuru - Gurgaon,Haryana,India

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warning bodes ill for exports


On the other hand, industrial metals like copper, nickel and aluminium support terminal traders, which means prices reflect underlying demand and ...
The Australian - Sydney,Australia

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Copper inventories on LME near 500000 tonnes (Adds New York to ...


12 -- but eased to close at $1190 from $1170, while nickel rose to $11750 a tonne from $11605 but earlier touched $12051. Tin climbed to a one week high of ...
guardian.co.uk - UK

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Profit has slipped down a hole but BHP is still a money-spinner


Metals that BHP does sell into spot or liquid markets, such as copper, nickel and aluminium, fared poorly in the last six months of 2008. ...
Times Online - UK

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Copper slips 2 per cent


Nickel was at $11600 from $11750 at the close on Wednesday, lead at $1180 from $1190 and zinc at $1178 from $1180. Korea Zinc, the world's second-largest ...
Globe and Mail - Canada

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The Daily Resource 02/04/2009


Nickel bottomed at the New York open and was all up from there, closing at its intraday high of $5.1914/lb., up more than 17 1/3 cents. ...
International Business Times - New York,NY,USA

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Copper to rally higher to $3600


Copper may see a rally higher towards $3600 levels, if it breaches $3470 levels. In Nickel, the $11200 levels can act as a stiff resistance point and breach ...
Commodity Online - Kochi,Kerala,India

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Mixed trend in metal prices


Mumbai , Feb 5 Prices of nickel and copper sheets cutting declined moderately in a mixed non-ferrous metal market here today on lack of demand from ...
Indopia - India

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More scrap metal needed


As summer is coming to a close and calendars are flipped onto the second month of the year, organisers of the Millrace and Haddington scrap metal drive say ...
Tenterfield Star - Tenterfield,New South Wales,Australia

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Area salvage dealers tentatively back proposed anti-theft bill


WATERLOO --- A bill lawmakers say would curtail scrap metal theft is drawing tentative support from Cedar Valley dealers. The proposal, which is in the ...
Waterloo Cedar Falls Courier - Waterloo,IA,USA

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Thursday, 5 February 2009
 

Once a plus for Arizona, scrap exports fall off


The recycler’s main revenue comes from scrap steel, aluminum and copper, followed by secondary metals such as brass and zinc. ...
Bizjournals.com - Charlotte,NC,USA

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EU threatens legal action over American car industry bail-out


The most contentious clause in EU eyes would require US firms to use local steel and other components in state-funded projects. ...
guardian.co.uk - UK

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Japanese Ni based scrap price touches JPY 90000


It is reported that the movement of price for nickel based stainless steel scrap in Japan for January 2009 depends on rather overseas demand than domestic ...
SteelGuru - Gurgaon,Haryana,India

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Schnitzer Steel announces dividend, acquisition


... nonferrous scrap metal and operates at four locations in the Commonwealth of Puerto Rico. The purchase price was not announced. Schnitzer Steel is one ...
The Oregonian - OregonLive.com - Portland,OR,USA

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Metals strengthen on global cues


Following were today's quotations Rs per kg: Tin ingot 720, zinc ingot (Hindustan) 76, nickel plate (4x4) 685-845, gun metal scrap 225 bell metal scrap 230 ...
Hindu Business Line - Chennai,India

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S.Korea says to raise base metal reserves by 37 pct


... medium-sized firms, plans to secure 205500 tonnes of metals including copper, aluminium, nickel and zinc, versus 150400 tonnes of reserves a year ago. ...
Alibaba News Channel - New York,NEW YORK,USA

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US home sales data helps oil prices higher


March copper added 9 cents to $1.52 per pound in New York, while three-month copper added $200 to $3375 per tonne in London in late afternoon trade there ...
Investment Markets - Scotland,UK

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Russia can suspend cooper scrap import duty




In the end of this week new export duties for nickel, copper and copper alloys come in power. On January Russian government made the decision to zero export ...
SteelGuru - Gurgaon,Haryana,India

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Russia can suspend cooper scrap import duty


In the end of this week new export duties for nickel, copper and copper alloys come in power. On January Russian government made the decision to zero export ...
SteelGuru - Gurgaon,Haryana,India

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Scrap metal heap grows


Cayman’s supposed gold mine of scrap metal looks more like a pile of junk. Two years after Government announced it would sell ...
Cay Compass - Grand Cayman,Cayman Islands

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Opening day draws crowds


As buyers and processors of all grades of recyclable scrap metal, Vomacka said Schnitzer is working with farmers, the government and the public to comply ...
Colusa County Sun Herald - Colusa,CA,USA

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Day at the Wyoming Legislature


SCRAP METAL: The Senate defeated a bill that would have set restrictions on junk dealers paying cash for scrap metals and also requiring them to keep ...
Montana's News Station - Missoula,MT,USA

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Proposed law would clamp down on scrap-metal thieves


Along with the identification requirement, the proposed legislation prevents scrap metal dealers from making immediate payments if the transaction exceeds ...
Sioux City Journal - Sioux City,IA,USA

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Wednesday, 4 February 2009
 

Gold Hits "Profit-Taking" After Rapid Run, Rising Indian Scrap ...


"The frenetic pace of scrap metal flooding the market in India and across similar physical hubs could place on cap on Gold's journey to the upside this week ...
BullionVault - London,England,UK

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Discrimination led to jail firings, Lee official says


... work in at least one private home, allowed use of county tools for personal projects and kept incomplete records of scrap metal, among other problems. ...
The News-Press - Fort Myers,FL,USA

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Unexploded Bombs Still Taking Toll in Laos


Besides farming, the most common cause of UXO accidents is scrap-metal collecting - known as the "dry crop". Scrap metal collectors earn about $5 a day, ...
Voice of America - USA

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Brothers get jail for theft of metal


Two brothers were sentenced last week for stealing scrap metal from the former Alcoa plant. Robert Evans Jr., 35, Philadelphia, was sentenced to the seven ...
Lebanon Daily News - Lebanon,PA,USA

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Crime is down again in Camden


The value of scrap metal peaked right when more and more homes were being abandoned and left vacant by their owners. For any crime to occur, three elements ...
CamdenNews.org - Minneapolis,MN,USA

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Downturn hits illegal metal trade


Insp Sean Hodgson, head of Thames Valley Police’s crime prevention section, has launched Operation Precious, signing up scrap metal dealers to try to end ...
Witney Gazette - Witney,UK

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SMS The Standard


ZIMBABWE should put a total ban on the export of scrap metal. It makes no sense that a country such as ours should be selling scrap metal only to import ...
The Zimbabwe Standard - Harare,Zimbabwe

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Copper Rises on Global Stockpile Drop, US Manufacturing Data


Ningbo Sunhu Chemical Products Co., China’s biggest nickel trader, said its post-Lunar New Year sales slumped as 90 percent of its customers remained closed ...
Bloomberg - USA

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Botswana: Diamond sales dropped last year


Earnings from other minerals like copper, nickel and gold also were expected to be hit. Gaolathe blamed the global economic slowdown, and said lack of ...
Forbes - NY,USA

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BHP poised for solid profit


The downgrades came on the back of impairment charges for the company's nickel division, production curtailments and lower base metal and oil prices. ...
The Age - Melbourne,Victoria,Australia

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Rusal is not interested in metals merger - Mr Deripaska


The main sponsors of the first initiative are MMC Norilsk Nickel's large shareholders: Mr Vladimir Potanin who controls up to 30%, Mr Deripaska whose usal ...
SteelGuru - Gurgaon,Haryana,India

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Flashback - Base Metals 3rd Feb, 09


US copper futures recovered from its lows on Monday as data showing improved manufacturing activity helped prices to hold above key support. ...
Commodity Online - Kochi,Kerala,India

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Alloy Plating helps prevent spread of infectious diseases.


Non-allergenic solution, comprised of 50-55% Copper, will not tarnish over time and retains uniform and bright surface appearance similar to Nickel when ...
ThomasNet Industrial News Room (press release) - New York,NY,USA

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Top Republican: Scrap 'buy American' stimulus clause


... of Representatives last week voted to require that public works projects funded by its 819-billion-dollar stimulus bill to use only US iron and steel. ...
AFP

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Trade wall 'bad' idea, US warned


Liberal Leader Michael Ignatieff warned the ban on foreign steel and iron could be expanded to other imports -- and that could cost Canadian exporters ...
Edmonton Sun - Alberta, Canada

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Chinese steel scrap market stable post festival


It is reported that domestic steel scrap runs smooth on the first day after Spring Festival when market might recover. Before holiday, insiders eyed a brisk ...
SteelGuru - Gurgaon,Haryana,India

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‘Birmingham’ on the Brink


The dwindling prices of scrap -- the main raw material for steel -- have fallen by 50 per cent. This is depreciating the steel industry in Mandi Gobindgarh. ...
HardNews Magazine - New Delhi,India

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‘Buy America’ bill would provide federal help for steel projects


Last year, the heart of the American shipbreaking industry located at the Port of Brownsville profited from high demand and record prices for scrap steel. ...
Brownsville Herald - TX United States

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Scrap and pencil ingot prices at Mumbai recover


It is reported that the prices of steel making input scrap and input for rolling of long products pencil ingot firmed up at Mumbai, thus signaling likely ...
Steel Prices China - Gurgaon,Haryana,India

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Tuesday, 3 February 2009
 

Metals firm's expansion plans not dented by recession


A Bolton-based scrap metal dealer hopes investment in a new £5.5m aluminium foundry will give it an edge over the competition as metal ...
Crain's Manchester Business - Manchester,UK

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Iron ore tycoon offers Norilsk merger plan: report


MOSCOW (Reuters) - Russian tycoon Alisher Usmanov is proposing a tie-up between his Metalloinvest iron ore group and Norilsk Nickel (GMKN. ...
Reuters - USA

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RPT-POLL-Deepening recession to hit copper prices in 2009


The survey of 57 base metals analysts over the past three weeks also showed prices of other base metals, such as lead, nickel, tin and zinc, ...
Reuters India - Mumbai,India

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Norilsk reports higher nickel, copper output for '08


Copper production also rose, to 419 000 t, from 415 000 ta year earlier, the group said in a report on Friday. Norilsk also produced 2,82-million ounces of ...
Creamer Media's Mining Weekly - Garden View,South Africa

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Obama sends diplomat to Davos to quell trade outrage


Persuading politicians to scrap the buy-American stipulation will be tough, and will test Mr. Obama's influence with the Democratic lawmakers he helped ...
Globe and Mail - Canada

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Experts see normal steel production by March


The price fall in China has been arrested and raw material prices like those of scrap have moved up on demand. Vinod Garg, director (marketing), ...
Business Standard - Mumbai,Maharashtra,India

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Tokyo Steel 9 months operating profit totaled JPY 48.3 billion


It saw a favorable wind blow as ferrous scrap prices had held stable at a low level. Besides, unit sales prices of steel products hit a high level beyond ...
SteelGuru - Gurgaon,Haryana,India

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Monday, 2 February 2009
 

Best of show


Options: Flat or curved fronts in black, rubbed bronze or textured copper. Decorative accents in copper, nickel or pewter. Product: SmartSun glass uses a ...
Minneapolis Star Tribune - Minneapolis,MN,USA

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The Daily Resource 01/31/2009


Copper declined into the New York open, and though it rallied from there, came off its highs late to finish at $1.4318/lb., down more than a penny. Nickel ...
International Business Times - New York,NY,USA

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AEP begins using 'copper-clad' way of preventing wiring thefts


... with wiring that looks similar, but it's worth nothing when taken to scrap metal dealers. It's a bi-metallic wiring of a steel core encased in copper. ...
Lancaster Eagle Gazette - Lancaster,OH,USA

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Fan of Steel


That’s why one of Leep’s prized possessions are five stadium seats from Three Rivers when the stadium was scrapped and sold at auction around 2000....
Ironton Tribune - Ironton,OH,USA

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Sunday, 1 February 2009
 

Russia's Norilsk raises '08 nickel, copper output


1 nickel and palladium producer, said on Friday its saleable nickel output rose to 299721 tonnes last year from 276000 tonnes in 2007. Saleable copper ...
Reuters - USA

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Copper ends off lows, stock surge weakens outlook


Steel ingredient nickel tumbled more than 5 percent to $10750 before ending at $11200 from $11400. LME stocks have jumped a third in the past two months to ...
guardian.co.uk - UK

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The Daily Resource 01/30/2009


Nickel followed a very similar path to copper, closing at $5.0689/lb., down 16 1/2 cents. Zinc was modestly lower, ending at $0.4914/lb., down more than a ...
International Business Times - New York,NY,USA

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Copper, Zinc, Nickel, Lead and Aluminum Base Metals Technicals


Copper, zinc, nickel, lead, and aluminum achieved staggering trough-to-peak gains of 574%, 523%, 1124%, 829%, and 151%! A mixture of robust infrastructure ...
The Market Oracle - London,UK

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European Stocks, US Futures Decline; BHP, Anglo American Fall


Copper, nickel and tin retreated on the London Metal Exchange. Amazon.com gained 12 percent to $55.89 in Germany. Fourth- quarter net income rose 8.7 ...
Bloomberg - USA

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TAKE A LOOK-Analysis on commodities, energy in credit crunch


... nickel to lag once base metals recover [ID:nLK509975] > Steel prices: Ready to recover? [ID:nLF654816] > Flooded market may see more copper on smelter ...
Reuters - USA

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DJ BASE METALS HIGHLIGHTS: Top Stories Of The Day


SINGAPORE (Dow Jones)--Japan's inventories of copper cathode in December M jumped 30% on month and 20% on year to 50011 metric tons, according to preliminary ...
MarketWatch (press release) - USA

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American Football: Mike Tomlin - Young man of Steel


Just possibly, he may have taken with him the scrap of inside knowledge that could make the crucial difference on the biggest, brashest night of the year ...
Independent - London,England,UK

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Metals:''It ain't good out there''


... Scrap Price Bulletin has its current composite price for No.1 HMS at $202.83/gross ton delivered, with shredded scrap figured at $253.17. World Steel ...
Purchasing.com - Newton,MA,USA

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Timken Co. Q4 2008 Earnings Call Transcript


We expect lower demand for the Steel Group in 2009. Most end markets are expected to be down between 10 to 15% and at current market rates for scrap and ...
Seeking Alpha - New York,NY,USA

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More people selling scrap metal to make ends meet


A dealer in scrap metal says more people are turning to recycling, some out of desperation. Metal recycling has been encouraged in recent years as a "green" ...
New Bern Sun Journal - New Bern,NC,USA

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

© Southern Cross Metal Recyclers 2002 - 2006.