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Metals

  • Scrap Metals MarketWatch | AUG 2016

  • Steel imports increase 12 percent in May

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,786,000 net tons (NT) of steel in May 2016, including 2,077,000 NT of finished steel (up 12.2 percent and 1.8 percent, respectively, vs. April final data).

  • Nucor Corporation to acquire Texas plate mill

    Nucor Corporation has agreed to acquire Joy Global’s steel plate mill in Longview, Texas, for approximately $29 million. The mill produces carbon and alloy plate products with heat-treating capabilities and has an annual capacity of 180,000 tons.

  • Import permit applications decrease

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of June total 2,907,000 net tons (NT).

  • Bunting Magnetics lowers prices on its Maglift

    Bunting® Magnetics Co., the leader in moving, removing and holding metal, announced lower prices on its line of MagLift™ Magnetic Lifters. Prices have been reduced by an average of 30 percent, depending on the model. Most prices on these magnetic products are now the lowest in the industry.

    Published in the August 2016 Edition of American Recycler News

  • Scrap Metals MarketWatch | JUL 2016

  • Even the playing field: U.S. imposes anti-dumping tariffs

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    After enduring one of the worst downturns ever, American steelmakers and the subsequent American metal recycling industry is thanking the U.S. Department of Commerce (DOC) for imposing preliminary duties on imports of cold-rolled steel, used to make auto parts, appliances and shipping containers.

  • Steel imports decrease 6 percent in April 2016

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,456,000 net tons (NT) of steel in April 2016, including 2,014,000 NT of finished steel (down 5.6 percent and 4.1 percent, respectively, vs. March final data).

  • New Jersey metal recycling company cited for violations

    The U.S. Environmental Protection Agency (EPA) and U.S. Department of Justice (DOJ) disclosed a settlement that requires Parkway Iron and Metal Co. to pay $145,000 and spend approximately $260,000 to install pollution controls for alleged Clean Air Act violations at its scrap metal recycling business in Clifton, New Jersey.

  • Nucor expands division into Canada

    Nucor Corporation’s Vulcraft/Verco Group is expanding into Canada. The new production facility will operate as Vulcraft Canada, Inc., and will be located near Hamilton, Ontario to serve the Central and Eastern Canadian markets.

  • Novelis reports increased net earnings for fourth quarter

    Novelis reported net income of $29 million for the fourth quarter of fiscal year 2016. Excluding tax effected special items, the company reported net income of $50 million in the fourth quarter of fiscal 2016, a 35 percent increase over the prior year period.

  • AISI reacts to G7 declaration of overcapacity

    The American Iron and Steel Institute (AISI) said that the G7 Ise-Shima Leaders’ Declaration released at the conclusion of the G7 Ise-Shima Summit in Japan is “an indication that the steel industry’s concerns are clearly being heard and acted on by heads of governments around the world.”

  • Republic unveils new ash metal recovery facility

    Republic Services, Inc. and Lab USA unveiled a state-of-the-art ash metal recovery facility at the Roosevelt Regional Landfill in Washington.

  • Pollen nominated as AWMI Member of the Year

    The Association of Women in the Metals Industry (AWMI) nominated Mary Pollen as 2015 Member of the Year.

  • Novelis appoints Devinder Ahuja as senior VP, CFO

    Novelis, Inc. has appointed Devinder Ahuja as senior vice president, chief financial officer. He will officially become Novelis’ chief financial officer in August. Steve Pohl, currently interim chief financial officer, will be responsible for the function until that time.

    As chief financial officer, Ahuja will be responsible for the accounting, treasury, global financial planning and analysis, global tax and finance excellence functions. He will be based at the company’s world headquarters in Atlanta and will report directly to Fisher.

    Over the last 29 years, Ahuja has worked in a variety of finance roles, across geographies and industries. Prior to joining Novelis, he served as chief financial officer of Alcon U.S.

    Ahuja holds a bachelor’s degree in commerce from R.A. Podar College of Commerce & Economics in Mumbai, India, and has completed general management training at Insead in Fontainebleau, France.

    Ahuja’s appointment coincides with the promotion of Steve Pohl, currently interim chief financial officer, to senior vice president, business performance and execution, effective immediately. In this newly created role, Pohl will be responsible for corporate development and strategy, the execution of strategic initiatives and monitoring performance, communications and government affairs, investor relations and the oversight of the company’s annual enterprise risk management process. Pohl will remain based at the company’s headquarters in Atlanta.

    Published in the July 2016 Edition of American Recycler News

  • Scrap Metals MarketWatch | JUN 2016

  • Steel imports increase 13 percent in March

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,569,000 net tons (NT) of steel in March 2016, including 2,097,000 NT of finished steel (up 12.9 percent and down 0.1 percent, respectively, vs. February final data).

  • MPCA moves to shut down a Minneapolis shredder

    The Minnesota Pollution Control Agency is taking legal steps to stop operations at Northern Metal Recycling.

  • Steel import market share at 25 percent in April

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of April total 2,449,000 net tons (NT).

  • Ferriola of Nucor named 2016 AIST Steelmaker of the Year

    John J. Ferriola, chairman, chief executive officer and president, Nucor Corp., will be named Steelmaker of the Year at AISTech 2016 – The Iron & Steel Technology Conference and Exposition, managed by the Association for Iron & Steel Technology (AIST). The Steelmaker of the Year Award is presented annually by AIST to recognize notable leaders for their impact on the steel industry.

  • Interstate Batteries and Aqua Metals form partnership

    Aqua Metals, Inc., which is commercializing a non-polluting electrochemical lead recycling technology called AquaRefining™, has signed a definitive agreements with Interstate Batteries.

  • Stephen J. Girsky elected to U. S. Steel board

    United States Steel Corporation disclosed that Stephen J. Girsky was elected to the company’s board of directors. His term as a director became effective April 26, 2016.

    Girsky is president of S.J. Girsky & Company, an independent advisory firm, where he advises senior corporate and board executives, labor leaders, OEM leaders, suppliers and dealers, and policy makers. He has been a member of the General Motors board of directors since 2009 and has served as a senior advisor to General Motors Company (GM) since 2014. Girsky is also a director at Valens Semiconductor Ltd., a provider of semiconductor products for the distribution of uncompressed high-definition multimedia content. His extensive career includes more than 25 years of experience in the automotive industry.

    Girsky previously served as GM vice chairman from 2010 to 2014, during which time he oversaw global corporate strategy, new business development, global product planning and program management, global connected consumer/OnStar, and GM Ventures LLC and global research and development while also serving as chairman of the Adam Opel AG Supervisory Board. From 2011-2013, Girsky also held responsibility for GM’s global purchasing and supply chain function.

    Published in the June 2016 Edition of American Recycler News

  • Bunting Magnetics promotes Davis to COO

    Bunting Magnetics Co. disclosed that Jana Davis has been promoted to chief operating officer (COO), a new position within Bunting Magnetics.

    Davis joined the company in 2011 as chief financial officer. As COO, Davis will be responsible for overseeing the day-to-day business operations – including manufacturing, distribution and engineering – of all four Bunting Magnetics divisions. Davis will continue to report to Bob Bunting, president and chief executive officer.

    A search for a new chief financial officer has begun. Bunting’s chief financial officer will manage division controllers and human resources.

    Published in the June 2016 Edition of American Recycler News

  • Moley Magnetics makes multiple changes

    Moley Magnetics, Inc. implemented management changes including the promotion of Jeff Seavers to the position of national sales manager.

    Seavers, Moley Magnetics Great Lakes territory manager for the past three and half years, has accepted the new role of national sales manager. Effective immediately, Seavers will manage all the aspects of sales for the outside sales group in the Attachments & Equipment Division. In addition to Seavers’ management responsibilities, he will also handle Western Canada, Mexico and all US accounts west of the Mississippi.

    In his place, Moley welcomed David Koch to their attachments and equipment division. Koch has over five years of national business development and sales experience in magnets, and a skill set that includes extensive product and sales training at customer and reseller levels.

    As Moley’s sales manager, he will be responsible for the Great Lakes territory which includes the states of Iowa, Illinois, Indiana, Kentucky, Michigan, Ohio, West Virginia and Wisconsin.

    Moley Magnetics recently moved headquarters to a 52,000 sq.ft. machine shop, distribution facility and corporate offices in Lockport, New York.

    Published in the June 2016 Edition of American Recycler News

  • A Closer Look | MAY 2016 Becker Iron & Metal with Mike Becker

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    ­­Mike Becker, president and owner of Becker Iron & Metal is part of the fourth generation of Beckers in the recycling industry.

  • Scrap Metals MarketWatch | MAY 2016

  • Bodner honored for achievements

    The Institute of Scrap Recycling Industries (ISRI) recognized Emanuel Bodner of Bodner Metal & Iron Corporation in Houston, Texas with its Lifetime Achievement Award.

  • Antidumping order hits steel imports from seven countries

    The United Steelworkers (USW) union commended the U.S. Department of Commerce (DOC) for its preliminary decision to place antidumping duties on unfairly traded hot-rolled flat steel from seven countries.

  • Steel imports decrease 17 percent in February

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,212,000 net tons (NT) of steel in February 2016, including 2,079,000 NT of finished steel (down 16.5 percent and 6.7 percent, respectively, vs. January final data).

  • Equipment Spotlight | APR 2016 Eddy Current Separators

  • January steel shipments up 7.2 percent from December

    The American Iron and Steel Institute (AISI) reported that for the month of January 2016, U.S. steel mills shipped 7,031,307 net tons, a 7.2 percent increase from the 6,556,342 net tons shipped in the previous month, December 2015, and a 9.4 percent decrease from the 7,762,742 net tons shipped in January 2015.

  • Steel imports increase 10 percent in January

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,577,000 net tons (NT) of steel in January 2016, including 2,217,000 NT of finished steel (up 10.0 percent and 8.8 percent, respectively, vs. December final data).

  • Scrap Metals MarketWatch | APR 2016

  • February steel import permit applications decreased

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of February total 2,283,000 net tons (NT).

  • CMC closes fence post operation

    Commercial Metals Company disclosed the closure of its fence post operations in Magnolia, Arkansas.

  • Imported steel impacts domestic production

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    As one of the most recycled metals on the planet, steel has offered an extremely high recycling rate, which as recently as 2012, stood at 88 percent.

  • Novelis sustainability report highlights recycling progress

    Novelis published its 2015 sustainability report, detailing significant progress toward increasing the use of recycled aluminum and using natural resources more efficiently.

  • Leaders honored for mentoring women in manufacturing

    Jodi Keller-Wheeler, vice president of Cicero, Illinois-based United Scrap Metal, has been awarded the 2016 Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award by The Manufacturing Institute.

  • Industry leaders chosen for significant contributions

    The Association for Iron & Steel Technology (AIST) recognizes, through peer reviews, the active leadership and significant contributions of individuals or companies to AIST and the global iron and steel industry.

  • U.S. Commerce Department investigates illegal imports

    The United Steelworkers (USW) affirmed the launch of an investigation by the U.S. Department of Commerce (DOC) of dumped and subsidized imports of stainless steel sheet and strip products from China that will determine the level of trade law violations for placement of duty orders.

  • Paul A. Mascarenas OBE elected To U.S. Steel board

    United States Steel Corporation announced that Paul A. Mascarenas OBE has been elected to the company’s board of directors.

  • River Metals Recycling Newsport achieves SHARP recertification

    River Metals Recycling (RMR) Newport received the prestigious Safety & Health Achievement Recognition Program (SHARP) recertification for taking extraordinary measures to ensure the safety and health of all teammates.

  • Pure Metal Recycling assets from two locations to be auctioned

    The remaining assets of Pure Metal Recycling LLC are headed to auction including all assets at two locations.

  • Dominion Virginia Power resumes appliance recycling

    Dominion Virginia Power is resuming its Residential Appliance Recycling Program after a brief hiatus.

  • UNTHA now ISO 9001-certified

    UNTHA shredding technology is now ISO-9001 certified.

  • Scrap Metals MarketWatch | MAR 2016

  • Steel imports captured a record 29 percent of the U.S. market in 2015

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,323,000 net tons (NT) of steel in December 2015, including 2,017,000 NT of finished steel (down 5.3 percent and up 3.2 percent, respectively, vs. November final data).

  • Steel import market share at 25 percent in January 2016

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of January total 2,696,000 net tons (NT).

  • Nucor Steel Louisiana DRI to resume operations

    Nucor Corporation disclosed that its direct reduced iron (DRI) plant in Louisiana resumed operations at the end of January.

    The plant temporarily suspended production at the end of last year for planned maintenance and the company decided not to resume production at that time based on market conditions. Nucor’s raw materials strategy is built on flexibility. The company constantly evaluates the market for the lowest cost raw material inputs at the quality levels the customers need. Changes in the raw materials market led to the decision to restart plant operations.

    Published in the March 2016 Edition of American Recycler News

  • Timken declares quarterly dividend

    The board of directors of The Timken Company declared a quarterly dividend of $.26 per share. The dividend is payable on March 3, 2016 to shareholders of record as of February 23.

    Published in the March 2016 Edition of American Recycler News

  • Novelis forms partnership with community college

    Novelis disclosed a long term commitment to the Cayuga Community College’s Fulton campus to launch an Advanced Manufacturing Institute, including an industrial maintenance technician program and an advanced laboratory and training center.

  • Alcoa appoints new directors to its board

    Alcoa Inc. appointed Ulrich Schmidt, John C. Plant and Sean O. Mahoney to serve on the company’s board of directors.

  • High recycled content aluminum alloy created

    Novelis disclosed that its RC5754 alloy, a new automotive product designed to contain up to 75 percent recycled content, has been successfully integrated into the structural components of high volume production passenger vehicles.

  • Scrap Metals MarketWatch | FEB 2016

  • Metals market meltdown

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    It’s official. The metal recycling industry has experienced one of the slowest economic periods in recent history.

  • 2016 Reliability Achievement Awards granted

    The Association for Iron & Steel Technology (AIST) disclosed the 2016 Reliability Achievement Awards recipients.

  • New guidelines issued for green building with aluminum

    The Aluminum Association released Aluminum in Green Buildings: A Guide to Green Building Development and Certification with Aluminum Products.

  • Steel imports decrease 23 percent in November

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,351,000 net tons (NT) of steel in November 2015, including 1,921,000 NT of finished steel (down 22.7 percent and 15.6 percent, respectively, vs. October final data).

  • Import market share at 28 percent in December

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of December total 2,551,000 net tons (NT).

  • U.S. Steel idles Granite City site

    United States Steel Corporation will temporarily idle its Granite City Works steelmaking and finishing operations in Granite City, Illinois.

  • CMC reports quarterly earnings

    Commercial Metals Company (CMC) disclosed financial results for its first quarter ended November 30, 2015. Net earnings attributable to CMC for the three months ended November 30, 2015 were $25.1 million ($0.21 per diluted share) on net sales of $1.2 billion.

  • World crude steel production decreases

    World crude steel production for the 66 countries reporting to the World Steel Association was 127 million tons (Mt) in November 2015, a -4.1 percent decrease compared to November 2014.

  • Novelis supplies aluminum for Ford super duty truck

    Novelis is supplying high strength, military grade aluminum for the upcoming Ford F-Series Super Duty lineup of trucks, the toughest, smartest, most capable Super Duty ever.

  • Commercial Metals to pay quarterly dividend

    The board of directors of Commercial Metals Company (CMC) declared a regular quarterly cash dividend of $0.12 per share of CMC common stock.

    The dividend was payable to stockholders of record as of the close of business on January 19, 2016. This cash dividend reflects CMC’s 205th consecutive quarterly dividend.

    Published in the February 2016 Edition of American Recycler News

  • Brazil leads in aluminum recycling

    The Brazilian Aluminum Association (ABAL) and the Brazilian Association of Highly Recyclable Cans Manufacturers report that in 2014 the country recycled 289,500 tons of aluminum beverage cans out of the 294,200 tons available in the market, a growth of 12.5 percent over the previous year.

  • Aluminum can challenge collected over 193,000 pounds of beverage cans

    Rexam’s North American Corporate Office in Chicago, Illinois, received top honors in the 2015 Great American Can Roundup (GACR) Industry Challenge by recycling more than 61,000 pounds of aluminum beverage cans.

  • Steel imports increase

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,987,000 net tons (NT) of steel in October 2015, including 2,258,000 NT of finished steel (up 5.4 percent and 1.4 percent, respectively, vs. September final data).

  • AK Steel promotes executives

    AK Steel’s board of directors has approved the following executive promotions, which were effective January 1, 2016.

  • Steel import permit applications decrease in November 2015

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of November total 2,647,000 net tons (NT).

  • 75,000 refrigerators recycled

    Mass Save Eversource, Cape Light Compact, National Grid and Unitil reached a milestone – 75,000 refrigerators recycled through a recycling program and energy savings initiative.

  • Aluminum Association notes industry’s safest year ever

    2014 was the safest year on record for the U.S. aluminum industry, according to recently released data from the U.S. Bureau of Labor Statistics.

  • Scrap Metals MarketWatch | JAN 2016

  • Equipment Spotlight | DEC 2015 Loggers/Balers

  • Silver volume stagnation predicted

    The Silver Institute released “Silver Scrap: The Forgotten Fundamental,” a report produced by Metals Focus, the London-based independent precious metals research consultancy, on behalf of the Silver Institute.

  • Demand for aluminum continues growth

    The Aluminum Association released the latest edition of the Aluminum Statistical Review for 2014.

  • World crude steel production decreases in September

    World crude steel production for the 66 countries reporting to the World Steel Association was 131 million tonnes (Mt) in September 2015, a -3.7 percent decrease compared to September 2014.

  • River Metals Recycling Paducah achieves SHARP recognition

    River Metals Recycling (RMR) Paducah received the prestigious Safety & Health Achievement Recognition Program (SHARP) designation from the U.S. Department of Labor.

  • TimkenSteel awarded

    TimkenSteel received two awards for its water treatment program from the Ohio Environmental Protection Agency (EPA).

  • Alcoa to curtail smelting and refining capacity

    Alcoa disclosed that it is taking decisive action to curtail uncompetitive smelting and refining capacity to ensure continued competitiveness amid prevailing market conditions.

  • Novelis opens aluminum auto heat treatment line

    Novelis celebrated the opening of a state-of-the-art aluminum automotive heat treatment line in Nachterstedt, Germany, to serve European and global automotive customers.

  • Covanta opens metal processing facility in PA

    Covanta disclosed the startup of a new metal recycling processing operation in Fairless Hills, Pennsylvania.

  • Nucor reports results for third quarter and nine months of 2015

    Nucor Corporation disclosed consolidated net earnings of $227.1 million, or $0.71 per diluted share, for the third quarter of 2015.

  • Old and new uses for copper

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    Over the past few years it seems that most every televised sporting event is interrupted by commercials proclaiming the benefits of copper infused clothing.

  • Scrap Metals MarketWatch | DEC 2015

  • Steel imports decrease 9 percent in September

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,773,000 net tons (NT) of steel in September 2015, including 2,168,000 NT of finished steel (down 9.4 percent and 12.5 percent, respectively, vs. August final data).

  • Import market share at 28 percent in September

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October total 3,386,000 net tons (NT).

  • Novelis appoints Steve Pohl interim chief financial officer

    Novelis Inc. has been named Steve Pohl, vice president, financial planning and analysis, interim chief financial officer, effective immediately.

  • Timken declares quarterly 374th consecutive dividend

    The board of directors of The Timken Company declared a quarterly cash dividend of $.26 per share. The dividend is payable on December 4, 2015, to shareholders of record as of November 23, 2015.

    This marks the 374th consecutive quarterly dividend paid on the common shares of the company.

    Published in the December 2015 Edition of American Recycler News

  • Aqua Metals secures financing for new facility

    Aqua Metals has secured a $10 million loan to build a facility to recycle lead batteries near Reno, Nevada.

    The Alameda, California based Aqua Metals received the loan from the U.S. Department of Agriculture Rural Development and Green Bank to build its first AquaRefinery at the Tahoe Reno Industrial Center.

    Rather than traditional smelting as a lead battery recycling method, AquaMetals will employ its continuous electrochemical system, called AquaRefining, which it claims is safe and environmentally friendly. The process packages the lead into a brick that can be reused.

    The company will produce lead at 80 metric tons per day and then 160 metric tons per day by 2018. The cost of the new facility is estimated at $29.6 million.

    Aqua Metals plans to apply the proceeds to expand its lead recycling capacity. Aqua Metals called the traditional smelting process one of the top three most polluting industrial processes in the world, for the planet’s most common type of battery.

    Lead-acid batteries have the highest recycling rate of any product sold in the United States with 39 states requiring the retailer take back the used battery when a new battery is purchased.

    Published in the December 2015 Edition of American Recycler News

  • Steel imports decrease 8 percent in August

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,016,000 net tons (NT) of steel in August 2015, including 2,439,000 NT of finished steel (down 8.2 percent and 6.7 percent, respectively, vs. July final data).

  • Scrap Metals MarketWatch | NOV 2015

  • Reliance Steel responds to EPA penalties

    Reliance Steel & Aluminum Co. responded to the proposed penalties of $367,500 and related commentary issued by the Environmental Protection Agency (EPA) against Reliance’s Earle M. Jorgensen Company (EMJ) subsidiary.

  • Senator Rob Portman named “Steel Champion”

    U.S. Senator Rob Portman (R-OH) was honored at the AISI’s Zanesville, Ohio Works with the “2015 Congressional Steel Champion Award” from the American Iron and Steel Institute (AISI).

  • Metals site to be cleared

    EPA has completed the “Record of Decision” (ROD) for the Nuclear Metals, Inc. Superfund Site, located in Concord, Massachusetts.

  • Steel import market share at 25 percent in September

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis data, the American Iron and Steel Institute reported that steel import permit applications for the month of September total 2,891,000 net tons (NT).

  • AISI urges government to address steel issues with Chinese president

    American Iron and Steel Institute (AISI) president and chief executive officer Thomas J. Gibson urged president Obama to fight for manufacturing and for steel during the U.S. visit of Chinese president Xi Jinping in September.

  • Chief financial officer of Scrap Metal Recycling wins awards

    David Gibb, chief financial officer of Raleigh Recycling NC Scrap Metal LLC, which owns Raleigh Metal Recycling and Goldsboro Metal Recycling in North Carolina was just recently named chief financial officer of the year for a mid-sized company in the Raleigh-Durham area of North Carolina.

  • Ohio leads nation in metal theft insurance claims

    Continuing a recent trend, the National Insurance Crime Bureau (NICB) reported that insured metal theft claims in 2014 were down 8 percent from 2012 levels.

  • MetalX acquires aluminum shredding business and assets

    MetalX completed the acquisition of the assets and business of Metal Shred Industries LLC (MSI), a scrap aluminum toll processor located in Indiana.

  • Scrap Metals MarketWatch | OCT 2015

  • Steel Market Development Institute sponsors truck rodeo

    The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), returned as title sponsor of the 2015 Texas Truck Rodeo.

  • Nucor approves share repurchase

    The board of directors of Nucor Corporation approved the repurchase of up to $900 million of the company’s common stock.

  • Aqua Metals establishes new headquarters

    Aqua Metals, Inc. which is developing a electrochemical lead recycling technology called AquaRefining, has established its new global headquarters  in Alameda, California.

    The facility will include engineering and design laboratories, offices and an assembly line for AquaRefining modules. After completing tenant improvements, Aqua Metals plans to begin production of the first AquaRefining modules in the fourth quarter of 2015.

    Published in the October 2015 Edition of American Recycler News

  • Timken board elects James Palmer as director

    The board of directors of The Timken Company elected James F. Palmer, retired chief financial officer of Northrop Grumman Corp., a director of the company for a term that will expire at its May 2016 annual meeting. The election brings The Timken Company board to 12 directors.

  • Scrap Metals MarketWatch | SEP 2015

  • Merits of federal metals theft legislation questioned

    The Institute of Scrap Recycling Industries (ISRI) applauded the National Conference of State Legislatures (NCSL) for joining the growing chorus of state leaders opposing Congressional attempts to impose a problematic federal solution to combat metal theft.

  • Steel import market share at 27 percent in July

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of July total 3,241,000 net tons (NT).

  • Steel Institute says EPA rules will raise cost of electricity

    The White House announced final Environmental Protection Agency (EPA) regulations requiring existing electricity generating utilities to reduce carbon dioxide (CO2) emissions by 32 percent in the next 15 years, and effectively mandate that new coal-burning power plants use unviable carbon capture and storage technology.

  • Pennex Aluminum to expand and adds jobs at Ohio facility

    Pennex Aluminum Company officially unveiled a $38 million state-of-the-art expansion which nearly triples the size of the Leetonia, Ohio aluminum extrusion and fabrication facility.

  • Steel imports decrease 10 percent in June

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,049,000 net tons (NT) of steel in June 2015, including 2,458,000 NT of finished steel (down 10.3 percent and 10.7 percent, respectively, vs. May final data).

  • Owner of sheet metal and machine shop settles with EPA

    In a consent agreement with the U.S. Environmental Protection Agency (EPA), the owner and operator of the Central Precision, Inc. sheet metal and machine shop in Boonsboro, Maryland will pay a $100,000 penalty and take immediate corrective actions to address alleged violations of federal and state hazardous waste regulations.

  • Novelis unveils high-strength alloys for automotive use

    Novelis disclosed the development of Novelis Advanz™ 7000 series of high-strength alloys designed for safety critical components of vehicle structures.

  • Timken to acquire Carlstar Belts Business

    The Timken Company has reached an agreement with American Industrial Partners to acquire the Carlstar Belts Business, a North American manufacturer of belts used in industrial, commercial and consumer applications including Carlisle, Ultimax and Panther, among others. The transaction is expected to be accretive over the balance of 2015. For the 12 months ending June 30, 2015, Carlstar Belts sales were approximately $140 million.

    The transaction, expected to close in the third quarter of 2015, is subject to customary government and regulatory approvals and will be funded with a combination of cash and debt.

  • Colonial Metals hires buyer and trader of scrap

    Colonial Metals Co., a brass and bronze ingot maker located in Columbia, Pennsylvania, has hired Scott Greenberg as a buyer and trader of scrap metals.

    Greenberg previously worked for GLE Scrap located in Warren, Michigan.  Greenberg brings 25 years of experience as a copper consumer, exporter and scrap dealer.

    Published in the September 2015 Edition of American Recycler News

  • C & D Scrap Metal opens second location

    C&D Scrap Metal, one of the original scrap metal dealers in Houston, is expanding with a second scrap recycling location slated to open in early Fall 2015 in Northwest Houston.

    Owner and chief executive officer Dennis Laviage and vice president Cynthia Laviage have specialized in sales and service of scrap metal in the greater Houston area since 1979. With a new eight acre location, C&D will create new jobs in Houston and provide convenience to customers in the Northwest Houston area.

    Published in the September 2015 Edition of American Recycler News

  • Novelis appoints Steve Fisher president and CEO

    The Novelis board of directors has named Steve Fisher as its president and chief executive officer, effective immediately. Fisher previously held the position of chief financial officer and has been serving as Interim president and chief executive officer since April 2015. He will continue to serve as chief financial officer until a successor is named.

    Since joining the company in 2006, Fisher has served in a number of positions. During his tenure as chief financial officer, Novelis invested approximately $2 billion to grow its business. Previously, Fisher served as vice president of strategic planning and corporate development where he spearheaded major strategic, corporate and financial transactions across the company, most notably the discussions that led to the acquisition of Novelis by Hindalco in 2007.

    Published in the September 2015 Edition of American Recycler News

  • Scrap Metals MarketWatch | AUG 2015

  • Two facilities recognized for safety

    The Monroe and Whiteville locations of Metal Recycling Services (MRS) won the prestigious North Carolina Department of Labor (NCDOL)’s Gold level “Certificate of Safety Achievement” for 2014.

  • ISRI releases updates to the Scrap Specifications Circular

    The Institute of Scrap Recycling Industries (ISRI) recently disclosed that new specifications have been published in the Scrap Specifications Circular 2015.

  • SMS idles metal recycling facilities

    Scrap Metal Services LLC, headquartered in Burnham, Illinois, plans to idle three of its SMS Paul’s Auto Yard operations in Demotte, Elkhart and Westville, Indiana.

  • Alcoa to close smelter in Brazil

    Alcoa disclosed that it permanently closed its Poços de Caldas primary aluminum smelter in Brazil on June 30, 2015.

  • AISI releases 2014 stats report

    The American Iron and Steel Institute (AISI) released its 2014 Annual Statistical Report (ASR).

  • Scrap Metals MarketWatch | JULY 2015

  • Gershow Recycling’s Can Tabs for Kids Program raises $2,173 for Sunrise Fund

    Gershow Recycling has pledged to match the $1,086.50 raised by students at William Floyd School District’s elementary schools, Kreamer Street Elementary School in Bellport, Holy Angels Regional School in Patchogue and Our Lady of Mercy Regional School in Cutchogue as part of “Can Tabs for Kids,” a program designed to raise funds for the fight against childhood cancer.

  • Robert Kelman to retire from Sims Metal Management

    Sims Metal Management chief executive officer Galdino Claro disclosed that Robert Kelman, managing director of European Metals, retired from Sims on June 30, 2015.

    Kelman had been managing director of Sims’ European Metals division since July 1, 2014. Kelman will remain as a consultant to Sims for a period of time after his retirement.

    Kelman has been involved in the recycling industry for over 30 years. Kelman previously held the positions of president and chief operating officer, Metals Recycling for Sims Metal.

    Published in the July 2015 Edition of American Recycler News

  • Steel imports decrease by 4 percent in April

    Based on preliminary U.S. Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,483,000 net tons (NT) of steel in April 2015, including 2,938,000 NT of finished steel (down 3.7 percent and 7.8 percent, respectively, vs. March final data).

  • Metalico agrees to sale to Total Merchant Ltd.

    The board of directors of Metalico, Inc., an operator of scrap metal recycling facilities primarily in the eastern Great Lakes corridor, has agreed to sell the company to Total Merchant Limited for total consideration of approximately $105 million.

  • U.S. manufacturing keeps St. Lawrence Seaway bustling

    U.S. manufacturing is expected to keep ship traffic on the St. Lawrence Seaway bustling this season after a strong start for general cargo shipments through the navigation system.

  • Metal shredders fined for safety

    The Occupational Safety & Health Administration (OSHA) issued Metal Shredders 1 willful and 8 serious safety violations involving electrical safe work practices and has proposed penalties of $115,000 to the company.

  • Metallix’s precious metals expands

    Metallix Refining Inc. has acquired a new precious metals recycling facility from Umicore.

  • Novelis SA president awarded

    Tadeu Nardocci, senior vice president, Novelis Inc. and president, Novelis South America, received the Lifetime Achievement Award at the Platts 2015 Global Metals Awards ceremony in London.

  • Scrap Metals MarketWatch | JUNE 2015

  • USW urges U.S. to get tough with Japan on trade deal

    Leo W. Gerard, International president of the United Steelworkers (USW), released the following statement after an address to a joint session of Congress by Prime Minister Shinzo Abe of Japan.

  • AIST awards Steelmaker of the Year and others

    Mario Longhi, president and chief executive officer of United States Steel Corporation, was named Steelmaker of the Year at AISTech 2015.

  • Harry Squires presented with ISRI’s Safe Driver of the Year Award

    Harry Squires of Schnitzer Steel Industries in Portland, Oregon was presented with the Institute of Scrap Recycling Industries (ISRI) Safe Driver of the Year Award for operating his entire 40 plus year career without a single preventable accident.

  • Colonial Metals makes executive changes

    David Serls, chief executive officer of Colonial Metals Company’s board of directors disclosed that Michael Mann, after a total of 45 years of service, will officially step down in June 2015. He will stay on as an advisor and a member of Colonial’s board of directors.

    Serls has named Craig Friedman as Mann’s successor. Friedman has been with Colonial since 1989 and has served for the last 12 years in the capacity as executive vice president. Friedman is serving as president and chief operating officer as of early March 2015.

    Friedman will also remain as a director of Colonial’s board and direct all phases of sales, purchasing and manufacturing in his capacity as executive vice president.

    Published in the June 2015 Edition of American Recycler News

  • Steel imports decrease 18 percent in February

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,584,000 net tons (NT) of steel in February 2015, including 2,832,000 NT of finished steel (down 18.4 percent and 20.7 percent, respectively, vs. January final data).

  • CalRecycle awarded $1.74 million in settlement

    The Department of Resources Recycling and Recovery (CalRecycle) has reached a $1.74 million settlement agreement with San Leandro-based Alco Iron & Metal Co.

  • Scrap Metals MarketWatch | MAY 2015

  • ISRI details devastating effect of West Coast ports dispute on recyclers

    The Institute of Scrap Recycling Industries (ISRI) president Robin Wiener sent a letter to U.S. Department of Commerce Secretary Penny Pritzker expressing “concern with the long-term impacts of the recent West Coast ports dispute on the health of the economy, the recycling industry, and our balance of trade.”

  • Equipment Spotlight | APR 2015 Magnets

  • Ever-smaller fines become a necessary achievement for shredder operators

    Shredder operators are increasingly focusing on recovering ever smaller pieces of metal from the shredder residue, employing new technology and impelled by market forces that encourage the practice.

  • Technology breathes life into aluminum for lighter vehicles

    The U.S. auto industry’s shift toward lighter weight vehicles through greater use of aluminum is now in high gear with 2015 pick-up trucks sporting as much as 350 lbs. more of the metal than last year.

  • World steel production shows a drop in January

    World crude steel production for the 65 countries reporting to the World Steel Association was 133 million tons (Mt) in January 2015, a 2.9 percent decrease compared to January 2014.

  • Signature Group Holdings closes GRSA acquisition

    Signature Group Holdings, Inc. has completed the acquisition of the Global Recycling and Specification Alloys (GRSA) business of Aleris Corporation for $525 million.

  • ArcelorMittal Montreal restructures scrap operations

    To optimize its scrap recycling operations, ArcelorMittal Montreal disclosed that its existing Contrecoeur scrap recycling and processing center (Contrecoeur-Feruni) became the main platform for scrap shredding, processing and sorting on behalf of its Contrecoeur steelworks.

  • Gershow Recycling donates to food pantry in New York

    Gershow Recycling recently donated $1,000 to support the Riverhead School District’s Phillips Avenue Elementary School students’ efforts to establish a food pantry.

  • Granutech-Saturn acquires Magnatech hammermill line

    Granutech-Saturn Systems, a manufacturer of the Saturn brand of industrial and mobile shredders, has acquired a comprehensive line of industrial hammermills and ringmills, formerly marketed under the Magnatech brand.

  • Alcoa signs agreement to acquire RTI International Metals

    Alcoa has signed a definitive agreement to acquire RTI International Metals, Inc., a global supplier of titanium and specialty metal products and services for the commercial aerospace, defense, energy and medical device markets.

  • CalRecycle settles with Action Sales & Metal

    A Los Angeles area recycling business will pay $1.8 million in restitution to the state’s Beverage Container Recycling Program as part of a settlement agreement resulting from illegal claims for refunds on out-of-state bottles and cans.

  • Metalico acquisition proposed

    Adam Weitsman of Upstate Shredding, LLC, a privately owned scrap metal processor and recycling center, has submitted a written proposal to the chairman, president and chief executive officer of Metalico, Inc. (MEA) to acquire all of the outstanding shares of MEA for $0.78 per share in cash.

  • Aleris completes sale of recycling and spec alloys businesses

    Aleris has completed the sale of its recycling and specification alloys businesses to an affiliate of Signature Group Holdings for an aggregate of $500 million in cash and $25 million in Signature preferred stock.

    The sale includes 18 production facilities in North America and 6 in Europe that offer a wide range of metal recycling services and specification alloy products.

    The sale of the recycling and specification alloys businesses represents a step forward in the company’s transformation to a pure play rolled products company.

    Published in the April 2015 Edition of American Recycler News

  • American Specialty Alloys expands

    American Specialty Alloys Inc. disclosed plans to develop a $2.4 billion mill and campus in Central Louisiana to provide strong, lightweight metal for the automotive and aerospace industries.

  • Atlas Copco discontinues mobile crushing and screening business

    Atlas Copco, a provider of sustainable productivity solutions, has decided to discontinue its Powercrusher business, in which it manufactures and sells mobile crushers and screeners for quarrying, civil engineering and recycling.

    Atlas Copco will stop the manufacturing in the plant in St. Valentin, Austria, during 2015. Atlas Copco will arrange for customers getting aftermarket service support for the existing fleet also in the future.

    Published in the April 2015 Edition of American Recycler News

  • Verizon offers up to $50,000 for copper theft details

    Verizon is offering a reward of up to $50,000 for information leading to the arrest and prosecution of the individuals responsible for the thefts of copper telephone cables in Beaver, Fayette, Lawrence and Washington counties in Pennsylvania.

  • Red Brick Brewing Company adopts Novelis evercan

    Novelis and Red Brick Brewing Company, Georgia’s oldest operating craft brewery, shared that Red Brick will now offer its beer in aluminum cans made from Novelis’ evercan™ – the first certified high-recycled content aluminum can sheet.

  • Novelis reports strong results for third quarter of fiscal year 2015

    Novelis reported net income grew to $46 million for the third quarter of fiscal year 2015, up significantly from the $13 million reported in the third quarter of fiscal year 2014.

  • Scrap Metals MarketWatch | APR 2015

  • Steel imports increase by 17 percent in January

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 4,250,000 net tons (NT) of steel in January 2015, including 3,429,000 NT of finished steel (up 16.8 percent and 15.9 percent, respectively, versus December final data).

  • Novelis and Henkel partner on advanced bonding for high-volume aluminum vehicles

    Novelis and Henkel Adhesive Technologies signed a long-term agreement to collaborate on the development of advanced bonding technologies for the use of aluminum in high-volume vehicles.

  • Aqua Metals acquires acreage to build lead battery recycling facility

    Aqua Metals, Inc., a developer of a patent-pending electrochemical battery recycling technology, has entered into a contract to purchase 12.5 acres in Nevada’s Tahoe Reno Industrial Center to establish the site of the company’s first AquaRefinery™. Subject to acquisition of additional financing, the company plans to begin construction of its AquaRefinery in mid-2015 and be fully operational by the first quarter of 2016. When completed, the AquaRefinery will be the world’s first large-scale lead recycling facility that does not require a traditional smelter to reprocess lead batteries.

    Published in the April 2015 Edition of American Recycler News

  • Nucor to pay 168th consecutive cash dividend

    The board of directors of Nucor Corporation declared the regular quarterly cash dividend of $0.3725 per share on Nucor’s common stock. The cash dividend is payable on May 11, 2015 to stockholders of record on March 31, 2015, and is Nucor’s 168th consecutive quarterly cash dividend.

    Published in the April 2015 Edition of American Recycler News

  • Scrap Metals MarketWatch | MAR 2015

  • Oil prices impact metal recyclers

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    It’s about time U.S. businesses and consumers are getting a price break on something… oil and its cornucopia of derivatives.

  • Novelis invests $48 million

    Novelis completed a $48 million investment in its automotive scrap aluminum recycling facility in Oswego, New York.

  • Clear Bins at Super Bowl Central make recycling easy

    The Department of Homeland Security mandated that all containers be clear in the 12 block downtown Super Bowl Central area to help secure public safety.

  • Gershow Recycling donates scrap to Townsend Harris High robotics team

    For the sixth year in a row, Gershow Recycling opened its Medford facility to local high school robotics teams participating in School-Business Partnerships of Long Island’s (SBPLI) upcoming Long Island Regional FIRST® (For Inspiration and Recognition of Science and Technology) Robotics Competition to receive free aluminum scrap.

  • AWMI recognizes Chizmar as Member of the Year

    The Association of Women in the Metal Industries (AWMI) formally recognized Carol Chizmar of Sapa Extrusions as its Member of the Year.

  • 2014 total steel imports up 38 percent from 2013

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,620,000 net tons (NT) of steel in December, including 2,941,000 NT of finished steel (down 2.0 percent and up 0.1 percent, respectively, vs. November final data).

  • Foundry sand recycling yields environmental benefits

    The U.S. Environmental Protection Agency (EPA), in conjunction with the U.S. Department of Agriculture (USDA) and the Ohio State University, released a risk assessment concluding that silica-based spent foundry sands from iron, steel and aluminum foundries, when used in certain soil-related applications, are protective of human health and the environment, and yield environmental benefits.

  • Sims appoints Pospisil as president of NA Metals

    Tobin Pospisil has joined Sims Metal Management as president of Sims Metal Management North American Metals – Central Region, covering the Midwestern, Southern and Southwestern U.S.

    The move now completes the restructuring of the company’s North American metals business into three separate regions reporting to group chief executive officer Galdino Claro. Pospisil joins Joe Payesko, president of the East Region and Steve Shinn, president of the West Region as part of the North America Metals leadership team.

    Prior to joining Sims, Pospisil served as president of Gallatin Steel Company, a flat products mini-mill joint venture between ArcelorMittal and Gerdau. He joined Gallatin as general manager in October 2003 and was named president in March 2009. Prior to this, Pospisil progressed through various management roles with GS Industries, a global specialty steel manufacturer, from November 1990 through October 2003.

    Published in the March 2015 Edition of American Recycler News

  • Equipment Spotlight | FEB 2015 Portable Shears

  • Scrap Metals MarketWatch | FEB 2015

  • Steel import market share 30 percent in December

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of December total 3,563,000 net tons (NT).

  • Steel imports decreased 18 percent in November

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,635,000 net tons (NT) of steel in November, including 2,878,000 NT of finished steel (down 18.2 percent and 16.3 percent, respectively, vs. October final data).

  • Winners named in student design competition

    Co-sponsors of an international student competition on cold-formed steel design declared three winners from the University of North Texas, Tongji University and the University of Waterloo.

  • ISRI appoints new members to metals theft council

    Conner Samuels, senior director of security operations investigations, policy and threat management at Time Warner Cable, and Sergeant Todd Powell of the Anne Arundel County Police Department’s Metal Theft Unit in Maryland, have recently been named to the Institute of Scrap Recycling Industries’ (ISRI) Law Enforcement Advisory Council (LEAC).

  • November steel shipments down 10.2 percent

    The American Iron and Steel Institute (AISI) reported that for the month of November 2014, U.S. steel mills shipped 7,638,086 net tons, a 10.2 percent decrease from the 8,508,477 net tons shipped in the previous month, October 2014, and a 0.4 percent increase from the 7,604,428 net tons shipped in November 2013.

  • Scrap Metals MarketWatch | JAN 2015

  • Equipment Spotlight | JAN 2015 Optical Sorters

  • Lighter vehicles coming to scrap yards

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    The U.S Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) have proposed new rules to set stringent fuel and emissions requirements for vehicles for model years 2017 to 2025.

  • Can Tabs for Kids Program extends to Valley Stream

    On December 3, members of the Girl Scouts of Nassau County Troop #2029, Troop #2011 and Troop #2346 came to Gershow Recycling’s facility in Valley Stream, New York to drop off 31 pounds of aluminum can tabs they collected over the past year as part of the Can Tabs for Kids program to benefit The Sunrise Fund.

  • Timken acquires Revolvo Ltd.

    The Timken Company has reached agreement with ERIKS NV to acquire the assets of Revolvo Ltd., a specialty bearing company based in Dudley, U.K. Revolvo makes and markets ball and roller bearings for industrial applications in process and heavy industries. The company’s split roller bearing housed units are widely used by mining, power generation, food and beverage, pulp and paper, metals, cement, marine and waste-water end users. In 2013, Revolvo posted sales of approximately $8.3 million.

    Published in the January 2015 Edition of American Recycler News

  • EU study shows end-of-waste is a force for good

    The introduction of end-of-waste (EoW) for scrap from iron and steel, aluminum and aluminum alloys has had only positive effects on the market and the environment, according to a major new study from the European Commission’s Joint Research Centre (JRC).

  • Sims Metal Management fined $2.4 million for violations

    The U.S. EPA and the U.S. Department of Justice have fined Sims Metal Management $189,500 for polluting San Francisco Bay with scrap metal debris in violation of the federal Clean Water Act.

  • Metalico operating results improve; discontinued operations report loss

    Metalico, Inc. disclosed third quarter operating income from continuing operations of $2.1 million, an increase from $600,000 for the prior year period excluding impairment charges.

  • Novelis leads global effort to increase closed-loop recycling

    Novelis published its Fiscal Year 2014 Sustainability Report, which shows the company is making significant investments and strides to advance the circular economy and increase the sustainability of its business, the aluminum industry and its broader value chain.

  • Steel imports increase by 13 percent in October

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 4,398,000 net tons (NT) of steel in October, including 3,396,000 NT of finished steel (up 12.8 percent and 14.9 percent, respectively, vs. September final data).

  • Timken board elects Maria A. Crowe as director

    The Timken Company’s board of directors has elected Maria A. Crowe a director of the company for a term that expires at its May 2015 annual meeting. The election brings The Timken Company board to 11 directors.

    Crowe currently serves as president of manufacturing operations for Eli Lilly and Company, a $23 billion global healthcare leader based in Indianapolis.  

    Crowe joined Lilly in 1982 and since 2012 has led Lilly’s global manufacturing network comprised of more than 20 sites on 5 continents. She also is responsible for Lilly’s contract manufacturing organization. Previously, Crowe was senior vice president for global drug product manufacturing. She also served as vice president for drug product manufacturing in the U.S. and Latin America; was general manager of the Kinsale, Ireland, plant; served as general manager of Lilly del Caribe in Puerto Rico, and was plant manager of the Elanco manufacturing plant in Tippecanoe, Indiana.

    Published in the January 2015 Edition of American Recycler News

  • Equipment Spotlight | DEC 2014 Metal Shredders

  • EPA settles with Kern Steel to ensure safe handling of waste

    The U.S. Environmental Protection Agency (EPA) fined Kern Steel Fabrication, Inc. $57,100 for improper management of hazardous waste generated at its facility in Bakersfield, California.

  • Mark Thimons to head up Steel Recycling Institute

    The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), disclosed that Mark Thimons will succeed Gregory Crawford as vice president of the Steel Recycling Institute (SRI). Crawford announced his upcoming retirement earlier this year.

  • U.S. aluminum recycling rate remains above 65 percent

    Aluminum beverage cans are once again the most recycled beverage packaging type in the U.S. with an industry recycling rate of 66.7 percent in 2013, according to new data released by the Aluminum Association, Can Manufacturers Institute and Institute of Scrap Recycling Industries.

  • Novelis plans conversion to evercan aluminum by 2017

    Novelis, an aluminum rolling and recycling company, has committed to convert all of its beverage can body sheet production to its evercan™ sheet, the world’s first certified high-recycled content aluminum for beverage cans, by the end of 2017.

  • SGH to acquire large independent aluminum recycler

    Signature Group Holdings, Inc. (SGH) has entered into a definitive stock purchase agreement to acquire the Global Recycling and Specification Alloys (GRSA) business of privately-held Aleris Corporation (Aleris) for $525 million.

  • “Made In USA” claims tricky for recycled materials

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    Manufacturers of products made with recycled materials can’t claim offerings were “Made In USA” unless they can show that the materials originated domestically, according to the Federal Trade Commission (FTC).

  • Scrap Metals MarketWatch | DEC 2014

  • Novelis to close Ouro Preto aluminum smelter in Brazil

    Novelis, an aluminum rolling and recycling company, will focus its operations in Brazil on its core business of aluminum rolling and recycling.

  • Metalico addresses stock dip

    Metalico, Inc. stated that it is not aware of any events dictating recent declines in its stock price amid unusually heavy volume but speculated they may be the results of aggressive short selling and/or stockholders not completely understanding the company’s recent debt restructuring.

  • Steel import market share at 31 percent in October

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October total 4,382,000 net tons (NT).