Southern Cross stars


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

Production pruning - Baku Steel to restart product... Scrap metal ring may pay £500k Recyclers voice caution over "signs" of market rec... Sebeka Utilities Superintendent Charged 2 anti-crime bills failed in Assembly Steel import pushes ship breaking industry in hot ... LCCI wants sales tax rate reduced to 12pc LETTER 04.15.2009 Recycling way to go Indian Railways earns 9% more on scrap in 2008-09 Uxbridge invited to unload scrap metal

Archive

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

Powered by Blogger

Member of Australian Metal Recyclers Association
Southern Cross Metal Recyclers

Scrap Metal News

Latest scrap metal and recycling industry news.

Thursday, 16 April 2009
 

Production pruning - Baku Steel to restart production


Mr Axel Borowski newly appointed president said that it's metal procurement network would be expanded as the company buys scrap metal for AZM 120 per tonne ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Scrap metal ring may pay £500k




POLICE are seeking half a million pounds in confiscation after busting a ring of illegal scrap metal dealers. Five men were given harsh penalties after ...
Barking and Dagenham Post - London,England,UK

Labels:



 

Recyclers voice caution over "signs" of market recovery


This is a situation some scrap metal traders have been experiencing in the UK. One dealer told MRW: “We can sell everything we can get. ...
MRW - London,England,UK

Labels:



 

Sebeka Utilities Superintendent Charged


The charges are the result of an investigation by the Sheriff’s Department into the theft of scrap metal from the city’s 2007 Infrastructure Replacement ...
Review Messenger - Sebeka,MN,USA

Labels:



 

2 anti-crime bills failed in Assembly


One would have made it easier to prosecute gang members, he said, and the other was aimed at scrap-metal dealers who traffic in stolen materials. ...
Baltimore Sun - United States

Labels:



 

Steel import pushes ship breaking industry in hot waters: PSBA


He said, “We are planning to produce better LDT steel scraps by the end of the year, as the local demand of ship billets and scrap metals have surged ...
Daily Times - Lahore,Pakistan

Labels:



 

LCCI wants sales tax rate reduced to 12pc


Steel re-rolling sector may please be provided all utilities on rationalised rates to reduce the cost of business. Steel scrap is the core raw material of ...
The News International - Karachi,Pakistan

Labels:



 

LETTER 04.15.2009 Recycling way to go


Nationally, more than 14 million tons of scrap steel is recycled annually, scrap that might otherwise go to our landfills. Steel represents only one ...
thepaper24-7.com - Rockville,MD,USA

Labels:



 

Indian Railways earns 9% more on scrap in 2008-09


In volume terms, the Railways sold approximately 1.1 million tonnes of scrap in 2008-09 up by 10%. A Ministry official said that “Steel rails are re used in ...
SteelGuru - Gurgaon,Haryana,India

Labels:



Wednesday, 15 April 2009
 

Uxbridge invited to unload scrap metal


Residents wanting to get rid of scrap metal or used car batteries can unload material and help a local service club in the ...
Newsdurhamregion.com - Durham,Ontario,Canada

Labels:



 

City, private recyclers will accept a variety of your unwanted ...


... aluminum cans, magazines, office paper, phone books, aluminum scrap, vehicle and rechargeable batteries, cell phones and scrap metal. ...
Great Falls Tribune - Great Falls,MT,USA

Labels:



 

SPRINGDALE : Labs cut as drug's purchase limited


"Everywhere in the state, metal theft has reached epidemic proportions," he told the group of about 300. If someone enters a scrap metal business carrying ...
Arkansas Democrat Gazette - AR,USA

Labels:



 

Trowbridge scrap metal dealer's Castle Combe victory


... took a superb victory and the driver of the day award at the Castle Combe Circuit’s Easter Monday Raceday The Trowbridge scrap metal merchant took his ...
Gazette & Herald - UK

Labels:



 

Emerging-Market Stocks Rise, Head for Six-Month High on Metals


OAO GMK Norilsk Nickel, Russia’s biggest mining company, gained as much as 6 percent. KGHM Polska Miedz SA, the Polish copper producer, jumped 5.3 percent ...
Bloomberg - USA

Labels:



 

Copper Rises on Speculation Chinese Demand to Drain Stockpiles


Zinc gained $23, or 1.7 percent, to $1418 a ton. Nickel added $375, or 3.4 percent, to $11415 a ton, and lead climbed $22, or 1.6 percent, to $1425 a ton.
Bloomberg - USA

Labels:



 

Copper Rises on Speculation Chinese Demand to Drain Stockpiles


Zinc gained $23, or 1.7 percent, to $1418 a ton. Nickel added $375, or 3.4 percent, to $11415 a ton, and lead climbed $22, or 1.6 percent, to $1425 a ton.
Bloomberg - USA

Labels:



 

UK Stocks Advance, Led by Banks; Barclays, RBS, Xstrata Gain


Gold and nickel also advanced. The following stocks also gained or fell in the UK market. Stock symbols are in parentheses. Allied Irish Banks Plc (ALBK ID) ...
Bloomberg - USA

Labels:



 

Mixed trend in metal prices


While, copper and brass utensils moved down owing to lack of industrial support. Nickel and tin shot up by Rs 17 per kilo each to Rs 677 and Rs 697 ...
Indopia - India

Labels:



 

The Daily Resource 04/14/2009


Nickel was flat through most of the day, rising late to surge past the $5 mark and close at $5.1014/lb., up 25 cents. Zinc had a good day, ...
International Business Times - New York,NY,USA

Labels:



 

Producer Price Index Drops 1.2% in March


The index for iron and steel scrap decreased 8.3 percent compared with a 2.6-percent decline in the previous month. Price increases decelerated in March for ...
123Jump.com - Miami Beach,FL,USA

Labels:



 

Scrap metal dealer jailed over scam


Just hours after the burglary, the cable was sold by the Prices to Dutton at his scrap dealership. During the investigation, over £40000 in cash was seized ...
Romford Recorder - Romford,England,UK

Labels:



 

Copper scrap theft trial delayed


Police investigators said Flanagan bought scrap copper that was taken to his T . V . F . of Indianapolis scrap yard by an undercover investigator who told ...
Indianapolis Star - United States

Labels:



Tuesday, 14 April 2009
 

Half Of City's Scrap Yards Not Licensed


INDIANAPOLIS -- Indianapolis officials said Monday that they would take action against scrap metal yards that did not have the proper licenses. ...
INDYchannel.com - Indianapolis,IN,USA

Labels:



 

Legislation to fund creation of database for scrap-metal sales


The fight against scrap metal theft will get a little stronger thanks to legislation creating a real-time logbook of those selling the metal. ...
Times-Herald - Forrest City,AR,USA

Labels:



 

In metal dealer's trial, a question for IMPD


By Vic Ryckaert and Jon Murray The trial this week of a scrap metal dealer accused of buying stolen goods raises a question that could send ripples through ...
Indianapolis Star - United States

Labels:



 

Japan Producer Prices Fall at Fastest Pace Since 2002


Takashimaya Co., a department-store operator, reduced retail prices of bread this month. Costs of steel, scrap iron and plastic products also fell, ...
Bloomberg - USA

Labels:



 

Japan's March Corporate Goods Prices Record Steepest Fall In 7 Years


Scrap and waste material prices plunged 63.4%. On a monthly basis, the steepest fall in prices was for iron and steel, declining 1.8% in March and deducting ...
RTT News - Williamsville,NY,USA

Labels:



 

TVA's Bellefonte: Mothballed, canceled and revived


... Tennessee Valley Authority started having contractors pull out steel tubes and pipes from America's costliest, unfinished power plant to sell as scrap, ...
Rocky Mount Telegram - Rocky Mount,NC,USA

Labels:



 

Chinese steel exports will remain weak in some term


The scrap steel also traps the same situation, a Shenzhen based traders said: “We make almost no transaction now, as the domestic price is higher than that ...
The Baltic Course - Riga,Latvia

Labels:



 

Sharp rise in metal prices on global cues


Copper utensils scrap shot up by Rs 9 per kilo to Rs 263, copper sheets cutting by Rs 8 per kilo to Rs 275, brass utensils scrap by Rs 7 per kilo to Rs 212 ...
Indopia - India

Labels:



 

Copper Rises to 5-Month High in New York on Inflation Concern


“The other reasons behind copper’s strength included the limited scrap supply and a rising demand from wire and cable makers as a result of ...
Bloomberg - USA

Labels:



 

Slow progress of mining in Davao scored


Horacio C. Ramos, Mines bureau director, in a phone interview last Wednesday said copper and nickel prices are expected to rise to $2.50 per pound (lb. ...
BusinessWorld Online - Quezon City,Philippines

Labels:



 

Ji Lin Ji En Nickel to issue new shares for overseas acquisition


... cooperate with Goldbrook Ventures, a Canadian company that owns 891000 acres of land in the Raglan Nickel Copper Mine project in the Province of Quebec. ...
China Knowledge Online - Singapore

Labels:



Monday, 13 April 2009
 

If It’s in the Ground, It Can Only Go Down




In the 1960s and '70s, the revival of manufacturing in Japan and Europe propelled prices for industrial metals like copper and nickel higher, ...
Newsweek - USA

Labels:



 

Copper may rise on Chinese demand


Nickel too faces weak fundamentals as demand from the stainless steel sector is low and is not expected to pick up in the short term. ...
Business Standard - Mumbai,Maharashtra,India

Labels:



 

Turkish mills to decrease production due to shortage of scrap


Although the Turkish steel mills entered the scrap market a few weeks ago, the shipments have to wait for 3-4 weeks for delivery, so they don't have enough ...
SteelGuru - Gurgaon,Haryana,India

Labels:



Sunday, 12 April 2009
 

When it comes to steel, April is ''the cruelest month''


Taking a look at the current markets for steel and ferrous scrap and one would have to agree with TS Eliot that April is indeed the “cruelest month” (so far ...
Purchasing.com - Newton,MA,USA

Labels:



 

Alabama Recycler Files for Bankruptcy Protection


Adding to the woes for scrap metal recyclers the steel industry has been struggling with slack demand, and the auto industry has seen a sharp decline in new ...
Recycling Today - Cleveland,OH,USA

Labels:



Saturday, 11 April 2009
 

City: Scrap Yard Never Had Proper License


INDIANAPOLIS -- Indianapolis' largest scrap metal dealer is facing a criminal investigation, a civil suit from the city and now new accusations that it was ...
INDYchannel.com - Indianapolis,IN,USA

Labels:



 

Scrap Metal Theft Bill Advances


Responding to appeals from local governments and businesses to crack down on theft of scrap metal, the Assembly today passed AB 233, which will increase the ...
KOLO - Reno,NV,USA

Labels:



 

Ottawa County appliance, scrap metal recycling


On Saturday, April 25 th Ottawa County residents may bring their old appliances and scrap metal to the Ottawa County Fairgrounds (W. St. Rt. 163, ...
WTOL - Toledo,OH,USA

Labels:



 

Closed Virginia Scrap Yard Proposed for Superfund List


Scrap metal handled at the facility included damaged and obsolete equipment, attachments, parts, and other miscellaneous materials, including scrapped naval ...
Recycling Today - Cleveland,OH,USA

Labels:



 

More copper discovered near Maun


Last week, Discovery said it was confident it could raise enough cash to develop its copper and silver project and could possibly part with its nickel ...
Mmegi Online - Gaberones,Botswana

Labels:



 

(WS) World Summary: WELLS FARGO STAGES BANKING RECOVERY


The 3-month ask prices were copper $4575 tonne ($4350) tin $10905 ($10705), lead $1415 ($1339), zinc $1395 ($1375), aluminium $1545 ($1490) and nickel ...
istockAnalyst.com (press release) - Salem,OR,USA

Labels:



 

Brazil Stocks Gain as Commodities Rise on Growth; Ipsa Advances


Vale, the world’s second-biggest nickel producer, jumped 5 percent to 29.70 reais. Demand for nickel in China, the world’s biggest user, ...
Bloomberg - USA

Labels:



 

Wisconsin company donates scrap metal to Art Department


The latest donation to the art department was more than 1000 pounds of scrap steel given by Universal Silencer. The company’s headquarters is located in ...
Exponent Online - Platteville,WI,USA

Labels:



 

Highway storm grates vanish


Investigators scoured scrap metal dealers within about a 100-mile radius of the city and posted alerts on the Metro Atlanta Metal Task Force Web site,...
Atlanta Journal Constitution - GA, USA

Labels:



 

Ahead of Steel Company Earnings


Ferrous scrap recyclers such as Schnitzer Steel SCHN and Sims Metal Management SMS will also benefit from Asia's stabilizing demand as they export more ...
Morningstar.ca - Toronto,Ontario,Canada

Labels:



 

Uptick in ferrous scrap may signal bottoming


Even though domestic steel industry operating rates remain at their lowest levels in decades, one Midwest scrap trader said he believes the ferrous scrap ...
American Metal Market - New York,USA

Labels:



Friday, 10 April 2009
 

Charges dropped in metal thefts


Hoffman was accused by city police of stealing $320 worth of scrap metal from the North Second Street prison last year and breaking into the locker of ...
Danville News - Danville,PA,USA

Labels:



 

Foundries use economic downturn to develop industry


Duties on the export of scrap metal would encourage scrap metal dealers to keep scrap in the country rather than sell it on the international market ....
Creamer Media's Engineering News - Garden View,South Africa

Labels:



 

Metal worth $200000 stolen


Once inside, he drove around to the rear of the building where scrap metal is stored. The thief grabbed some scrap, but also loaded his truck with some ...
6abc.com - Philadelphia,PA,USA

Labels:



 

Manhole cover thief grates on DOT


Investigators scoured scrap metal dealers within about a 100-mile radius of the city and posted alerts on the Metro Atlanta Metal Task Force Web site, ...
Atlanta Journal Constitution - GA, USA

Labels:



 

Minimalism meets metal


Another piece consists of a column of round magnets functioning like a vase, with a gray bush of metal scraps in full bloom. Overhead, a twisting metal rod ...
Prague Post - Czech Republic

Labels:



 

Baku Steel Company buys scrap metal at $120 and sells its output ...


The Company reports that currently it buys metal scraps at the price of $120 per ton and sells its products at $530 per ton without value added tax. ...
Azerbaijan Business Center - Azerbaijan

Labels:



 

Steel Scrap Prices Crash


Steel scrap costs have continued to erode, pushing down market prices for various steel mill products, and further scrap costs are expected to slide in ...
Purchasing.com - Newton,MA,USA

Labels:



 

Copper Jumps in Shanghai on Demand Outlook Optimism, Oil’s Gain


China’s demand for refined copper also rose because supply of the scrap metal declined after copper prices tumbled 59 percent last year in Shanghai, ...

Bloomberg - USA

Labels:



 

India Stocks Post Longest Winning Run in a Year; Metals Gain


The European Union yesterday scrapped a 23.8 percent tariff on steel ropes made by the Indian manufacturer. The EU lowered the duty to zero after concluding ...
Bloomberg - USA

Labels:



 

Firefighters Extinguish Blaze At Oakland Scrap Yard


The fire was reported at 2:47 pm at a yard owned by Schnitzer Steel, located at 1101 Embarcadero West, Brue said. The blaze took place outside and had ...
KTVU.com - San Francisco,CA,USA

Labels:



 

Mobile auto shredding plant files for bankruptcy


But scrap metal dealers are in distress right now, as steel mills including SSAB in Axis cut back production. Some grades of scrap are selling for less than ...
Press-Register - al.com - Mobile,AL,USA

Labels:



 

Copper, nickel trade higher on firm global cues


New Delhi, Apr 9 Select base metals, copper and nickel, rose up to Rs 5 per kg in the national capital today on revival of buying by stockists and consuming ...
Indopia - India

Labels:



 

Copper Rises in London, Heads for Fourth Straight Weekly Climb


Nickel climbed $25, or 0.2 percent, to $11000 a ton. Oversupply will shrink this year because of a 20 percent cut in production, the most among all ...
Bloomberg - USA

Labels:



Thursday, 9 April 2009
 

Heavy Lifters Can Boost Rescues


A two-day training exercise held Tuesday and Wednesday at Rockingham Scrap Metal on North Liberty Street was designed to show rescuers how ...
Harrisonburg Daily News Record - Harrisonburg,VA,USA

Labels:



 

Police appeal for victims of scrap metal thefts in Shoreham and ...


TWO men from Southwick have been arrested following a large amount of scrap metal being stolen. The men were arrested after they were stop-checked on ...
Shoreham Today - Worthing,England,UK

Labels:



 

Man charged with stealing scrap metal


Police arrested a Bridgeport man who allegedly stole scrap metal from an auto repair shop, led police on a chase into Ansonia and ...
Connecticut Post - Bridgeport,CT,USA

Labels:



 

US Commodities: Oil Rises as US Report Spurs Supply Concern


Copper futures rose on speculation that Chinese demand will increase as inventories of scrap metal decline. China, the world’s biggest metals user, ...
Bloomberg - USA

Labels:



 

Copper Prices Climb in New York as Demand May Gain in China


Copper futures rose for a second day on speculation that demand will climb in China as inventories of scrap metal ...
Bloomberg - USA

Labels:



 

Global Inflation Makes "Powerful Medicine" for Gold Investment as ...


Attributing gold's failure to hold above $1000 in Feb. to the "astounding" flow of scrap metal, however, GFMS's Klapwijk said at Tuesday's conference that ...
BullionVault - London,England,UK

Labels:



 

Sandy Township to Hold Scrap Drive


During May 8 and 9 Sandy Township will be hosting a scrap metal drive at their municipal building. Those dropping off items will have to show their driver's ...
Gant Daily - Clearfield,PA,USA

Labels:



 

Norton scrap merchant sees metal prices fall as economy slows


Processes 1m tonnes of scrap a year generating turnover of approximately £150m. He will have done well with the business while scrap metal prices were ...
Liverpool Daily Post - Liverpool,England,UK

Labels:



 

Schnitzer Steel Reports 2Q Results


During the quarter the markets for ferrous scrap improved from the low point experienced toward the end of the first quarter, although average net prices ...
Trading Markets (press release) - Los Angeles,CA,USA

Labels:



 

Ferrous scrap in the mire, prices drop $45/T


The domestic ferrous scrap market has taken a more bearish turn, with prices for some prime industrial steel ...
American Metal Market - New York,USA

Labels:



 

Aluminum eases on Alcoa earnings


Analysts, however, said this material was most likely to be heading for China due to stockpiling and because of tightness in the scrap metal market in the ...
Globe and Mail - Canada

Labels:



 

Man charged in metal scam


``If I was (there), I don't know this guy from Adam,'' said Potter, who would usually handle sales of scrap metal. Finco said it took awhile to nab Frank, ...
The Jackson Citizen Patriot - MLive.com - Jackson,MI,USA

Labels:



 

Copper Leads Drop in Metals in London on Outlook for Demand


Tin dropped 1.8 percent to $10700 a ton. Zinc fell 1.5 percent to $1335 a ton. Lead slipped 2.2 percent to $1305 a ton. Nickel shed 1.9 percent to $10700.
Bloomberg - USA

Labels:



 

Canadian Currency Is Little Changed as Stocks Fall, Metals Gain


The currency erased an earlier decline as copper and nickel futures rose. The MSCI World Index, a gauge of equities in 23 developed nations, ...
Bloomberg - USA

Labels:



 

Other News & Articles


Production of silver three-cent pieces dropped to insignificant levels after a copper-nickel version made its debut. "A law was passed during the closing ...
NumisMaster.com - Iola,WI,USA

Labels:



 

Xstrata to suspend Kidd smelter due to acid demand


Xstrata acquired the assets when it purchased Canadian nickel and copper miner Falconbridge in 2006. The shutdown will affect about 175 workers, ...
Reuters - USA

Labels:



Wednesday, 8 April 2009
 

Illinois man accused of scamming manufacturers, stealing scrap metal


"If I was (there), I don't know this guy from Adam," said Potter, who would usually handle sales of scrap metal. Finco said it took awhile to nab Frank, ...
The Jackson Citizen Patriot - MLive.com - Jackson,MI,USA

Labels:



 

Alcoa Swings to Loss as Prices Tumble


"China is currently importing more scrap," he said. Scrap metal is melted and used to make fresh aluminum, copper, steel and other metals. ...
Wall Street Journal - USA

Labels:



 

Aluminum scrap prices rise as export competition grows


... scrap prices have posted a modest increase during the past week amid a combination of export competition and cues from the London Metal Exchange....
American Metal Market - New York,USA

Labels:



 

Man Turns Himself In For Stealing Scrap Metal


A man turned himself in to Jackson County deputies after allegedly scheming several Michigan manufacturing plants out of thosuands of dollars of scrap metal ...
WLAJ - Lansing,MI,USA

Labels:



 

County seeks grant to add deputies to aid sheriff


American Can & Scrap is a Wichita-based metal recycling company operated by Wichitan Jay Marks. On Feb. 3, the commission heard a report from Cowley County ...
Arkcity.net - USA

Labels:



 

Ukrainian Company Buying Large Scrap Processor


The OJSC Dnepropetrovsk Vtormet is the second largest scrap metal processing plant in Ukraine. The plant’s facilities for metal scrap storage and processing ...
The Baltic Course - Riga,Latvia

Labels:



 

METALS-Copper spurred higher by inventories drop


Analysts said this material was likely heading for China due to stockpiling and because of tightness in the scrap metal market in the world's top copper ...
Reuters - USA

Labels:



 

Japanese Steel Scrap Association Joins BIR


Steel scrap accounts for almost 25 percent of the total annual Japanese steel production of 120 million tons. Since scrap availability exceeds domestic ...
Recycling Today - Cleveland,OH,USA

Labels:



 

METTLE DETECTOR


Driven in part by insatiable demand from Chinese manufacturers, scrap metal prices were skyrocketing - until about a year ago. Then as the economy tanked, ...
Fort Wayne Journal Gazette - Fort Wayne,IN,USA

Labels:



 

Asian shipping stocks brace for rough seas


"We expect dry bulk freight rates to remain under pressure due to a combination of weak demand, high China iron ore inventory, high China steel inventory ...
MarketWatch - USA

Labels:



 

Scrap gold sales down; India's gold import to pick up


India has been witnessing a surge in scrap gold sales following the rise in gold prices in the recent past and old gold was fetching good money for people. ...
Commodity Online - Kochi,Kerala,India

Labels:



 

Unstable balance in Russian scrap market


In late March 2009 steel products quotations growth caused scrap prices increase. However, comparing to semis and rolled products this increase was ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Copper Advances in London After Price Gap With Shanghai Widens


... IS raised its three-month average 2009 copper forecast to $3400 a ton from $3000, according to a report e- mailed late yesterday. Nickel for three-month ...
Bloomberg - USA

Labels:



 

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


March 26 - A $500 million nickel pig iron project planned for Indonesia has been scrapped, said Shanghai Tshingshan Mineral Company Ltd, the majority ...
Forbes - NY,USA

Labels:



 

Australia Stocks: Bendigo, FKP, Iluka, Minara, Rio, Telstra


Copper futures for May delivery fell 2.1 percent, to $1.959 a pound in New York. Nickel dropped 1.7 percent in London trading. BHP Billiton Ltd. (BHP AU), ...
Bloomberg - USA

Labels:



 

Gold slides, copper at 5-month high


Steel making ingredient nickel was last bid at $10950 in official rings from $10900 while battery material lead was traded at $1318 from $1315. ...
Daily Times - Lahore,Pakistan

Labels:



Tuesday, 7 April 2009
 

Scrap volumes play decisive role in the price of copper


The so-called "urban mine" - copper scrap - supplies a quarter of the world's consumption of the red metal, much more than any single country, ...
Financial Times - London,England,UK

Labels:



 

Companies deny buying covers


STOLEN materials are not accepted or bought by large scrap metal companies, local businessmen say when defending their companies from any ...
Fiji Times - Suva,Fiji

Labels:



 

Copper Declining Demand Pushes Prices 21% Lower in Trader Bets


A decline in manufacturing contributed to a slump in inventories of scrap, the Brussels- based European Metal Trade and Recycling Federation said. ...
Bloomberg - USA

Labels:



 

FULL PLATE - Motorists raise questions about tag safety


Visible from the corner of Bayard and Wicomico streets in Pigtown, the mountain of thousands of discarded plates is giving scrap metal dealer Buzz Berg ...
Investigative Voice - Baltimore,MD,USA

Labels:



 

SEAISI sees steel prices decline to continue


World Steel Association reported that scrap price picked up from USD 125 per tonne in November 2008 to USD 268 in February 2009 and dropped dramatically in ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

METTLE DETECTOR


Steel Dynamics Inc. worker Paul Shuler cuts up rail material for scrap metal Tuesday afternoon. Steel Dynamics Inc. employee Jason Felger operates a machine ..
Fort Wayne Journal Gazette - Fort Wayne,IN,USA

Labels:



 

Copper’s Declining Demand Pushes Prices 21% Lower


A decline in manufacturing contributed to a slump in inventories of scrap, the Brussels- based European Metal Trade and Recycling Federation said. ...
Bloomberg - USA

Labels:



 

300 STEEL RE-ROLLING MILLS IN BANGLADESH FACE CLOSURE


TMCnet - USA
Although price of steel scraps is declining in the international market because of global recession, price of MS Rod has been rising in the country due to ...

Labels:



 

METALS INSIDER: G20 spin sends bears reeling


... Friday and weekly changes: Close Chg on Week Pct Chg Aluminium $1481 +$61 +4.3 Copper $4301 +$251 +6.2 Lead $1315 +$35 +2.7 Nickel $10930 +$1230 +12.7 ...
Reuters - USA

Labels:



 

Miner set to start exploration in Nueva Vizcaya


... to attract $10 billion of investments to the mining sector by 2013, sits atop $1 trillion worth of unexplored gold, copper, nickel and zinc reserves. ...
BusinessWorld Online - Quezon City,Philippines

Labels:



Monday, 6 April 2009
 

Feng Hsing to raise scrap purchasing prices


Taiwan's Hsin iron & Steel has announced that it will raise the scrap purchasing price by TWD 500 per tonne, following a rise of TWD 600 per tonne. ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Shrinking airlines park more planes in the desert


The banking crisis has made it very difficult to get loans to buy aircraft, and the drop in commodity prices has gutted their scrap value. ...
The Associated Press

Labels:



Sunday, 5 April 2009
 

Economy takes toll on scrap companies


The scrap metal industry is so bad, Shafer said, several scrap metal and recycling companies around Northwest Indiana have closed down. ...
News Dispatch - Michigan City,IN,USA

Labels:



 

CRU/CESCO-Copper prices seen electrifying in long run


This year, there is an especially wily factor in play: scrap metal. A severe contraction in the global scrap market has supported copper prices as so-called ...
Reuters - USA

Labels:



 

US HOT STOCKS: Research In Motion, Novo Nordisk, RC2, Kimco


The analysts said that there doesn't appear to be any recovery in scrap metal industry. Whole Foods Market Inc. (WFMI, $18.17, -$0.71, ...

Wall Street Journal - USA

Labels:



 

Marking Down Honest Accounting


Scrap companies include the likes of Commercial Metals (ticker: CMC), which manufactures and recycles steel, while Nucor (NUE) and Steel Dynamics (STDL) ...
Barron's - USA

Labels:



 

Gamblers' rally spoiled by Steel


That was followed moments later with another scrap between Green Bay's Robert Shea and the Steel's Kevin Lind. "We got caught up in things that first period ...
Green Bay Press Gazette - Green Bay,WI,USA

Labels:



Saturday, 4 April 2009
 

The Insider: No answers yet on Bay Meadows rubble


The statement also notes that due to "recent significant declines" in the market for recycled steel and scrap metal, there will be a "phased removal of ...
San Mateo County Times - San Mateo,CA,USA

Labels:



 

Getting creative with scraps


Armed with tools, scrap metal and a bit of Kiwi ingenuity, three teams of army tradesmen competed to build mobile tennis ball launchers at the Workshop ...
Manawatu Standard - Palmerston North,New Zealand

Labels:



 

POLICE REPORTS: April 3


About $5000 worth of scrap metal was taken from Twin Disc, 4600 21st St. Monday at 5:30 pm, according to Racine police. Reports said a man showed up at the ...
Journal Times - Racine,WI,USA

Labels:



 

Copper May Fall After Three-Week Rally Curbs Demand From China


China has purchased copper for stockpiles and to fill a gap from a shortage of scrap metal, according to Eliane Tanner, an analyst at Credit Suisse Group in ...
Bloomberg - USA

Labels:



 

Commodity Prices Rising, But No Spike


Expect a 10%-15% jump in prices for most metals used in consumer goods and industrial products: tin, nickel, aluminum and lead. Copper and zinc will see ...
Kiplinger.com - Washington,DC,USA

Labels:



 

Brimson community concerned about DNR copper/nickel leases


On the dark and stormy evening of March 25, Petrell Hall in Fairbanks Township, Brimson, was bursting at the seams, with over 60 residents from the ...
Lake County News Chronicle - Two Harbors,MN,USA

Labels:



 

CRU/CESCO-China, electric cars to drive copper-Friedland


TO) and for discoveries such as the Voisey's Bay nickel find in eastern Canada. Friedland pointed to a report in the New York Times that China plans to ...
Reuters - USA

Labels:



 

Steel slump weighs on India ferrous scrap


Ferrous scrap prices in India have weakened as falling steel prices and low demand for finished steel products ...
American Metal Market - New York,USA

Labels:



 

China cuts output in weak steel mart; US prices down


Few would take issue when matching the auto industry with steel utilization rates. The Detroit scrap market, they note, “is all but nonexistent. ...
Purchasing.com - Newton,MA,USA

Labels:



 

Schnitzer Steel reports Q2 loss


The Portland-based scrap steel company (NASDAQ: SCHN) also reported a second-quarter loss of $7 million, or 25 cents per share — results far worse than the ...
Bizjournals.com - Charlotte,NC,USA

Labels:



 

Central Texas companies providing steel for energy projects


Scrap steel processed in the Leon County community of Jewett will be used to support a “Renewable Energy Super Highway” that moves electricity generated by ...
Waco Tribune Herald - Waco,TX,USA

Labels:



Friday, 3 April 2009
 

Freeport Says Mines Unlikely to Ramp Up Investment After Rally


Still, China has been purchasing metal from mines because of a shortage of scrap, a situation that might be “temporary,” BHP’s Hernandez said on April 1. ...
Bloomberg - USA

Labels:



 

CRU/CESCO-ANALYSIS-Scrap metal decline supports copper prices


SANTIAGO, April 2 - A severe contraction in the global scrap metal market has supported copper prices as so-called urban miners gather less second-hand ...

Labels:



 

‘Suicide Bomber-Type’ Vest Found In Mt. Washington


The device was found outside 559 Southern Avenue late Thursday morning while workers from Pittsburgh Iron and Scrap Metal were picking up scrap metal. ...
WPXI.com - Pittsburgh,PA,USA

Labels:



 

10-Q/A: SCHNITZER STEEL INDUSTRIES INC


The decrease in operating income (loss) was attributable to reduced demand for scrap, recycled metal and finished steel products resulting from weaker ...
MarketWatch (press release) - USA

Labels:



 

The scrap-metal market


Good news for spectators of high-school sports, but awful for the scrap industry. The scrap-metal trade exists across the country. ...
Economist - UK

Labels:



 

World War II shell found in scrap yard


... County Sheriff's Department found a World War II artillery shell with a live fuse March 26 at Rondout Scrap Metal Company, 1501 Rockland Road, Rondout. ...
Libertyville Review - Waukegan,IL,USA

Labels:



 

Puget Ventures Inc. Signs Agreement to Acquire Norpax Copper ...


The Norpax Nickel-Copper deposit is located approximately nine kilometres east of the Manitoba border at Almo Lake. "Puget Ventures is very pleased to have ...
Market Wire (press release) - USA

Labels:



 

CRU/CESCO-Ivanhoe's Friedland cites Congo copper find


... Ivanhoe Nickel & Platinum, an Africa-focused metals explorer controlled by financier Robert Friedland, said Wednesday it had made a copper discovery "of ...
Reuters - USA

Labels:



 

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


Congo has slashed copper output targets for the next three months by 30-40 percent and halved 2009 cobalt output projection. ...
Reuters - USA

Labels:



 

Australia Stocks: Austal, Australand Property, Minara, Rio, Ten


Copper rose 0.5 percent and nickel 2.5 percent. BHP Billiton Ltd. (BHP AU), the world’s largest mining company, added 4 percent, the most since March 13, ...
Bloomberg - USA

Labels:



 

Japan copper firms extend output cuts as economy sinks


By Miho Yoshikawa TOKYO, April 1 (Reuters) - Japan's copper smelters will extend production curbs into the first half of the current financial year as an ...
Reuters - USA

Labels:



 

Weak demand and Indian steel scrap price fell 10 dollars per ton


Apr.2metalbiz--Indian steel prices slid and market demand became weaker, so the price of steel scrap declined. Indian price of steel scrap was 240-250 ...
Alibaba News Channel - New York,NEW YORK,USA

Labels:



 

India Steel Prices Likely To Rise


... adding global steel demand is showing signs of recovery as evident in scrap and billet prices. While industry officials said steel prices have ...
Wall Street Journal - USA

Labels:



 

Market Report -- In Play (SCHN)


Co notes pricing for ferrous scrap metal began to decline slightly toward the end of Q209. Based on current market conditions, Q3 average net prices are ...
MSN Money - USA

Labels:



 

BHP Says Copper Price Gains on China Scrap Shortage


By Heather Walsh and Carlos Manuel Rodriguez April 1 (Bloomberg) -- Copper prices have climbed because of a shortage of scrap that led China to increase ...
Bloomberg - USA

Labels:



 

For scrap or not, old ferries must go


It earlier had lined up a deal to scrap the vessels in a Mexican ship-breaking yard, a plan that was put on hold, however, because of declining steel prices ...
HeraldNet - Everett,WA,USA

Labels:



Thursday, 2 April 2009
 

Chile Says $1.25 Copper ’In the Past’ as China Demand Rebounds


Copper prices have climbed in recent months because of a shortage of scrap that caused China to increase buying, BHP’s Hernandez said. ...
Bloomberg - USA

Labels:



 

Norwich recycling program turning city, budget greener


In addition, the sale of scrap paper and scrap metal brought in an additional $85000 in revenue. “Bulky waste,” he said, pointing to a bin loaded with ...
Norwich Bulletin - Norwich,CT,USA

Labels:



 

The Day on 9&10 News at 11


The goal is to crack down on stealing scrap metal. At 11, a scrap metal dealer in Clare that started doing the thumbprints last week reveals more about how ...
9&10 News - Cadillac,MI,USA

Labels:



 

Clamping down on metal thefts


Three district scrap metal dealers have so far signed up to the charter and each will be encouraged to check products for SelectaDNA security marking, ...
Newbury Weekly News Group - Newbury,England,UK

Labels:



 

Senate votes to get tough on scrap metal thieves


The rewrite of the state's antiquated scrap metal laws comes after a period of high metals prices lured thieves to steal copper wiring and other recyclable ...
KPAX-TV - Missoula,MT,USA

Labels:



 

Montco Man Charged with Stealing Scrap ''Carbide'' Steel from Employer


by kyw's Brad Segall A Montgomery County, Pa. man is headed to trial on charges that he stole scrap metal from his employer last year. ...
KYW1060.com - Philadelphia,PA,USA

Labels:



 

Catalytic converter & metal scrap thieves face new, tougher penalties


Starting April 1, scrap metal and catalytic converter thieves who break the law in Michigan will face far more serious charges for their crimes. ...
WNDU-TV - South Bend,IN,USA

Labels:



 

Costs for copper, nickel and scrap steel have already dropped


... by end of 2009 or early next year, as per Fluor's annual materials outlook study; copper, nickel and scrap steel have already slid by approximately 30%. ...
Pharmaceutical Business Review - USA

Labels:



 

Commodities Prices Cap Longest Slump Since 2001 as Demand Wanes


Natural gas, nickel and wheat led the declines, overwhelming advances in gasoline, copper and hogs. "For commodities, the main mover is demand and supply ...

Bloomberg - USA

Labels:



 

METALS INSIDER: After mixed Q1, what will Q2 bring?


Only lead came anywhere near to matching copper with a quarterly gain of 27 percent. At the other end of the spectrum was nickel with a quarterly loss 16 ...
Reuters - USA

Labels:



 

Sumitomo Mining sees 09/10 copper output up 1.8 pct


T), Japan's second largest copper smelter, said on Wednesday it plans to produce 401000 tonnes of copper in the year to end March 2010, up 1.8 percent from ...
Reuters - USA

Labels:



 

Top news Eastern Siberia: Lugokan, BuryatZoloto


BuryatZoloto stopped development of copper and nickel deposit in Buryatia. Baikalsk Pulp and Paper Plant employees appealed to the region's prosecutor for ...
РИА ФедералПресс - Москва,Russia

Labels:



 

‘Monster Circus’ a parade of scrap metal


There’s no earthly reason anyone should venture off the Strip (or pay a double-digit ticket price) to see a metal cover band plus go-go dancers, ...
Las Vegas Sun - Las Vegas,NV,USA

Labels:



 

Industrial Services of America, Inc. reports 4th quarter and 2008 ...


However, ISA has sold and shipped more than 90 percent of the stainless steel and high-temperature alloys inventories that were acquired in the Venture ...
FOXBusiness - USA

Labels:



Wednesday, 1 April 2009
 

China tries to boost exports, risking backlash


Steel, petrochemicals and other industries have been promised aid to improve technology and boost output. Authorities scrapped a tax break on machinery ...
Forbes - NY,USA

Labels:



 

India Gold Imports Fall to ‘Zero’ in March on Prices


“Even the scrap supplies have reduced sharply as people expect prices to increase and the rupee is weakening every day.” Prices in India reached a record ...
Bloomberg - USA

Labels:



 

Gold steady, undermined by stocks, dollar


... and undermine sentiment in the gold market, analysts said. Another negative for gold is the amount of scrap coming into the physical market. Continued...
Reuters - USA

Labels:



 

Feng Hsin to hike scrap price by TWD 600 per tonne


Taiwan's Feng Hsin Iron & Steel has announced to raise rebar and scrap prices this week in order to catch up with the current market prices. ...
SteelGuru - Gurgaon,Haryana,India

Labels:



 

Commodities Head for Worst Slump Since 2001 as Demand Shrinks


“For commodities, the main mover is demand and supply and if demand is down, then the price comes down, no matter how many speculators are in the market,” ...
Bloomberg - USA

Labels:



 

FNX reports Cdn$389m loss in '08 after nickel ops cutbacks and ...


These Sudbury mines have nickel-copper and copper-nickel -precious metals deposits, often within the same mine. During a conference call with analysts ...
Mineweb - London,England,UK

Labels:



 

METALS-Shanghai copper storms to record quarterly gain


Copper prices pressed higher on Tuesday, heading towards steep quarterly rises, with demand from China, the world's biggest ...
Forbes - NY,USA

Labels:



 

Gold slips, copper tumbles 4%


Steel making ingredient nickel was at $9475 from $9700 while battery material lead was at $1247 from $1280. Zinc dropped to $1315.5 a tone from $1349 and ...
Daily Times - Lahore,Pakistan

Labels:



 

Fortune Minerals NICO Environmental Assessment update


Copper and nickel are also produced as by-products of the cobalt processing, but were not included in the Mineral Reserve estimate. ...
FOXBusiness - USA

Labels:



 

Lundin Mining Announces Year End 2008 Reserve and Resource Estimate


In both 2007 and 2008 the Copper Mineral Resources and Reserves were reported above a cut-off of 2.0% copper. - Nickel-copper Measured and Indicated ...
FOXBusiness - USA

Labels:






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

© Southern Cross Metal Recyclers 2002 - 2006.