Steel scrap news

South African team to visit by end of July to expand business - Daily Times

Sat, 04 Jul 2009 16:19 GMT

South African team to visit by end of July to expand business
Daily Times
... flat rolled steel products, stainless steel, iron, chemicals, newsprint and uncoated craft paper, pig iron, ferro-alloys, scrap metal and preservatives. ...

and more »

Steel Recycling Thrives in Great Falls - KFBB NewsChannel 5

Fri, 03 Jul 2009 18:02 GMT

KFBB NewsChannel 5

Steel Recycling Thrives in Great Falls
KFBB NewsChannel 5
Salvage Department manager Joe Filipowicz hopes that the new home will better serve those interested in recycling their scrap iron, stainless steel, ...

and more »

Asian Markets Mostly Trading Lower - International Business Times

Fri, 03 Jul 2009 06:09 GMT

Asian Markets Mostly Trading Lower
International Business Times
Fairless processes approximately 60000 tons of scrap metal per month sourced principally from New Jersey, New York, Eastern Pennsylvania and the inland ...
Sims acquires FairlessMetalbulletin.com (subscription)

all 20 news articles »

Budget update - Steel sector budget wish list - SteelGuru

Thu, 02 Jul 2009 20:49 GMT

Budget update - Steel sector budget wish list
SteelGuru
Well, scrapping of import duty on scrap prices is also recommended by the steel ministry along with a 15% ad valorem export duty on chrome ore. ...

and more »

New data proves steel hasn't been strong for some time - Purchasing.com

Thu, 02 Jul 2009 11:46 GMT

Purchasing.com

New data proves steel hasn't been strong for some time
Purchasing.com
Lower pig iron imports in '09? Scrap Price Bulletin thinks so. Domestic mills either don't want or need fresh deliveries of the stuff and, they say, ...

and more »

Plate prices become lower than HRC in Asia - SteelGuru

Wed, 01 Jul 2009 21:01 GMT

Plate prices become lower than HRC in Asia
SteelGuru
The price increases by the ton are CNY 500 by Baosteel Co Limited, CNY 200 by Wuhan Iron & Steel Group Corporation and CNY 150 by Anshan Iron & Steel Group ...
US July ferrous scrap prices on upward trendsSteelGuru

all 10 news articles »

Italy's Marghera sees steel imports rise, pig iron plunge - Steel Business Briefing (subscription)

Wed, 01 Jul 2009 18:30 GMT

Italy's Marghera sees steel imports rise, pig iron plunge
Steel Business Briefing (subscription)
June pig iron imports were 13003t, down from 57000t in May. Steel Business Briefing learns from an Italian industry source that seaborne scrap imports ...

and more »

Shredders, Rotors, Castings, Nonferrous Processing - Recycling Today

Wed, 01 Jul 2009 04:30 GMT

From a simple beginning as a service-oriented company, Wendt Corp. has evolved into one of the scrap metal industry’s premier manufacturers and suppliers of recycling equipment. From shredders to rotors, castings to Nonferrous processing, our ...

Dongbu starts producing hot-rolled steel at new mill - Korea Herald

Wed, 01 Jul 2009 02:06 GMT

Dongbu starts producing hot-rolled steel at new mill
Korea Herald
... 870 billion won to build the electric arc furnace which melts steel scrap, as opposed to traditional blast furnaces which use iron ore and soft coal. ...

and more »

Recyclable Metal Prices Drop Like Lead - The State Journal

Tue, 30 Jun 2009 17:53 GMT

CLARKSBURG -- Most of us recycle because it&os;s good for the environment - and the right thing to do. But selling scrap metal to junkyards doesn&os;t just help the environment. It can put some cash in your pocket, too. For some, those few bucks they can ...

Recyclable Metal Prices Drop Like Lead - WBOY

Tue, 30 Jun 2009 17:53 GMT

Schnitzer Steel reports Q3 loss - Birmingham Business Journal

Tue, 30 Jun 2009 12:24 GMT

Schnitzer Steel Industries Inc. on Tuesday reported a $1.5 million third-quarter loss, but said the markets for all three of its core businesses are showing signs of improvement. The Portland-based steel scrap company (NASDAQ: SCHN) reported a loss ...

(AMM) Clarification: Steel turning up heat on climate-change bill - Metalbulletin.com (subscription)

Tue, 30 Jun 2009 11:34 GMT

(AMM) Clarification: Steel turning up heat on climate-change bill
Metalbulletin.com (subscription)
... Metal Bulletin website, with live news and the latest iron & steel, non-ferrous and scrap metals prices - plus access to archive news and prices data. ...

and more »

Copper scrap spreads widen amid the summer doldrums - Reuters

Tue, 30 Jun 2009 09:11 GMT

NEW YORK, June 30 (Reuters) - The discount for copper scrap has widened in recent weeks as the copper futures price remains at elevated levels and business in recycled metal slows to a crawl amid the seasonal summer slowdown. Yet, dealers expect ...

China topped world steel rankings again in 2008, as global output ... - Creamer Media's Engineering News

Tue, 30 Jun 2009 08:46 GMT

China topped world steel rankings again in 2008, as global output ...
Creamer Media&os;s Engineering News
Apart from “comprehensive” information on crude steel production, the booklet also contained information on apparent steel use, trade, scrap, iron, ...

and more »

Dongkuk Drops Gas-Powered Mill Venture in Brazil - Bloomberg

Tue, 30 Jun 2009 05:38 GMT

Dongkuk Drops Gas-Powered Mill Venture in Brazil
Bloomberg
Dongkuk in December said it may scrap the venture, agreed to in 2005 with Vale SA, to build a 1.5 million metric ton-a- year mill in Brazil's northeastern ...

and more »

Schnitzer Steel Posts Loss In Q3 - Update - RTT News

Tue, 30 Jun 2009 04:53 GMT

(RTTNews) - Tuesday, Schnitzer Steel Industries Inc. (SCHN: News ), a manufacturer of recycled ferrous metal products, reported a loss in its third quarter, compared to prior year&os;s profit, hurt by plunge in segmental revenues due to lower volume and ...

China, ArcelorMittal toppers in steel in 2008 - Commodity Online

Tue, 30 Jun 2009 03:54 GMT

China, ArcelorMittal toppers in steel in 2008
Commodity Online
The book contains comprehensive information on crude steel production, apparent steel use, trade, scrap, iron, and pig iron. In 2008 the five major steel ...

and more »

Metal Recycler Files for Bankruptcy in Shaky Market - Earth911.com

Tue, 30 Jun 2009 01:12 GMT

Earth911.com

Metal Recycler Files for Bankruptcy in Shaky Market
Earth911.com
Passed in January, the bill would mostly ban foreign steel and iron from projects laid out by the $819 billion economic package. ...

and more »

Feng Hsin to raise prices by up to TWD 16500 a tonne - SteelGuru

Mon, 29 Jun 2009 21:29 GMT

Feng Hsin to raise prices by up to TWD 16500 a tonne
SteelGuru
Feng Hsin Iron & Steel has announced to raise its prices for rebar and scrap this week. Its rebar price was increased by TWD 300 per tonne to TWD 16500 per ...

and more »

Hyundai cuts scrap buying prices again - Steel Business Briefing (subscription)

Mon, 29 Jun 2009 18:06 GMT

Hyundai cuts scrap buying prices again
Steel Business Briefing (subscription)
Following Hyundai, other Korean EAF makers also lowered their scrap buying prices. Korea Iron & Steel (Kisco) in Changwon near of Busan dropped its prices ...

and more »

Regulate Scrap Metal Industry - Mmegi Online

Mon, 29 Jun 2009 09:55 GMT

I am a scrap metal dealer based on the northern part of this country. I have realised that for us Batswana to survive in this business, it would be advisable for the government to regulate scrap metal prices. My reason being that we are given a raw ...

Stainless steel restocking to buoy nickel near end-09 - guardian.co.uk

Mon, 29 Jun 2009 05:59 GMT

Stainless steel restocking to buoy nickel near end-09
guardian.co.uk
Also a boost for the market is a shortage of stainless steel scrap, a cheap source of nickel, which has dropped sharply this year thanks to the near total ...

and more »

Pakistan withdraws 25pct duty on steel and non ferrous scrap exports - SteelGuru

Sun, 28 Jun 2009 23:10 GMT

Pakistan withdraws 25pct duty on steel and non ferrous scrap exports
SteelGuru
Daily Times reported that Pakistan government has withdrawn 25% regulatory duty on export of iron and steel scrap products to promote exports. ...

and more »

Steelmakers welcome Obama's signature on 'clunkers' bill - Steel Business Briefing (subscription)

Sun, 28 Jun 2009 18:06 GMT

Steelmakers welcome Obama's signature on 'clunkers' bill
Steel Business Briefing (subscription)
Steel industry officials expect the program will stimulate new car sales, while generating more shredded scrap since cars traded in will be destroyed. ...

and more »

Indian pig iron attracts bidding above $300/t fob - Steel Business Briefing (subscription)

Sun, 28 Jun 2009 18:06 GMT

Indian pig iron attracts bidding above $300/t fob
Steel Business Briefing (subscription)
The uptrend in scrap and flat steel prices will drive pig iron prices up to $340/t cfr soon because offers of bulk heavy melting scrap are already $320/t ...

and more »

Shipbreakers plan to oppose ratification of IMO convention - Economic Times

Sun, 28 Jun 2009 13:33 GMT

Shipbreakers plan to oppose ratification of IMO convention
Economic Times
PS Nagarsheth, president of the Iron Steel Scrap & Shipbreakers' Association of India, said, "The industry is totally against the convention. ...

and more »

25% regulatory duty on iron, steel export withdrawn - Daily Times

Sat, 27 Jun 2009 18:17 GMT

25% regulatory duty on iron, steel export withdrawn
Daily Times
ISLAMABAD: The government has withdrawn 25 percent regulatory duty on export of iron and steel scrap products to promote exports, ...

and more »

Analysts see steelmaking input materials prices raised - SteelGuru

Fri, 26 Jun 2009 19:56 GMT

Analysts see steelmaking input materials prices raised
SteelGuru
Mr Michael Coslov chairman & CEO of Tube City said that scrap prices have risen about USD 75 per long tonne across all grades since lows achieved earlier ...

and more »

Willoughby scrap-metal company executives acquitted - Crain's Cleveland Business

Fri, 26 Jun 2009 11:17 GMT

Two Willoughby scrap-metal company executives who had been pursued by the U.S. Justice Department’s antitrust division on Thursday walked out of a Cleveland federal court room free men. Francis DeMilta and Ronald Vaughn, owner and vice president ...

Metals are "wobbly" as global economy could be weaker for longer - Purchasing.com

Fri, 26 Jun 2009 10:06 GMT

A ragged start to the new week with London Metal Exchange (LME) base metals hammered on Monday as the dollar firmed and economic uncertainty dominated sentiment…several base metals hit multi-week lows along with the ever-growing conviction that ...

Aluminum hailed for green qualities - Commodity Online

Fri, 26 Jun 2009 09:58 GMT

BRUSSELS: When European Green Week 2009 (23-26 June) was celebrated, one metal which got big applause for its green qualities was aluminium. Europe’s main aluminum producers and users looked back at 10 years of cutting edge experience and ...

Analyst view on Chinese section market - SteelGuru

Thu, 25 Jun 2009 20:42 GMT

Analyst view on Chinese section market
SteelGuru
Mr Xu said the increasing prices of domestic oil, coke, scrap and irons ore has led the production costs to go up which sent the steel mills to frequently ...

and more »

Room for more pickup seen in steelmaking metallics - American Metal Market

Thu, 25 Jun 2009 17:06 GMT

Room for more pickup seen in steelmaking metallics
American Metal Market
Producers, processors and marketers of ferrous scrap, hot-briquetted iron (HBI) and slab, as well as metallurgical coal, said at the Steel Survival ...

and more »

65 foreign ships arrive at Gadani for breaking - Daily Times

Thu, 25 Jun 2009 16:17 GMT

65 foreign ships arrive at Gadani for breaking
Daily Times
He said that the ship breakers had set a target to produce around 500000 LDT steel scrap by the end of the fiscal year as the local demand for ship billets ...

and more »

Steel Cos Mixed About Futures Trading On Scrap, Other Steels - CNNMoney.com

Thu, 25 Jun 2009 15:56 GMT

Steel Cos Mixed About Futures Trading On Scrap, Other Steels
CNNMoney.com
They hope to expand upon the scrap futures contract to offer futures contracts for different types of steel including slab, billet and possibly even iron ...
Climate Exchange In Venture To Launch Steel Scrap FuturesEasyBourse.com

all 18 news articles »

(AMM) Brass ammo scrap value down - Metalbulletin.com (subscription)

Thu, 25 Jun 2009 09:42 GMT

(AMM) Brass ammo scrap value down
Metalbulletin.com (subscription)
... Metal Bulletin website, with live news and the latest iron & steel, non-ferrous and scrap metals prices - plus access to archive news and prices data. ...

and more »

LTI Scrap Oldest Taxi to Date as Fleet Operator Cashes in on Scrappage ... - The Auto Chanel

Thu, 25 Jun 2009 08:05 GMT

LONDON, UNITED KINGDOM – June 25, 2009: LTI Vehicles has scrapped its oldest taxi to date under the Government&os;s &os;scrappage&os; scheme. The 20 year old Fairway, which had clocked up over 600,000 miles, was taken in by leading LTI taxi dealership, M&O ...

Surprise patrol at Sims Bros. - Marion Star

Thu, 25 Jun 2009 05:11 GMT

Surprise patrol at Sims Bros.
Marion Star, OH
Sims is a scrap management business that buys, transports, processes and sells all types of recyclable products including scrap iron and steel, nonferrous metals, cardboard, newspaper, plastics and glass. Sims is a family owned business, in operation ...

Recession amplifying recycling woes - Niagara Review

Thu, 25 Jun 2009 04:45 GMT

- Niagara&os;s recession-fuelled recycling woes are worse than expected this year. Continuing low prices for plastic, paper and metal recyclables mean the Region will likely lose $2.5 million in recycling revenue in 2009, according to a new report. That ...