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Metals

  • 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).

  • 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).

  • Steel imports increase five 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 3,892,000 net tons (NT) of steel in September, including 2,946,000 NT of finished steel (up 5.2 percent and 5.2 percent, respectively, vs. August final data).

  • Sims names Bill Schmiedel president of BIR Ferrous

    Sims Metal Management has elected Bill Schmiedel, president of Global Trade, to the position of president of the Bureau of International Recycling (BIR) Ferrous Division. In addition to his position as president of BIR Ferrous, Schmiedel will serve on the Advisory Council of BIR.

    Schmiedel has been a vocal advocate for the ferrous metals recycling industry throughout his 40 year career, and his appointments are an important recognition of his significant contributions to the industry. In his current role of president of Global Trade for Sims Metal Management, Schmiedel is responsible for all ferrous export sales of deep sea and container shipments worldwide, representing circa 10 million tons traded annually across 6 continents.

    Sims also elected Autumn Gallello as a general delegate to the BIR Ferrous board. Gallello is an accomplished executive account manager, with a career spanning 13 years at Sims Metal Management. Gallello will be the first female to hold a position of such distinction, marking a significant milestone for the industry.

    Published in the December 2014 Edition of American Recycler News

  • Bunting Magnetics supports YMCA project

    Bunting Magnetics Co. has disclosed that the company will donate $100,000 toward a new regional YMCA complex planned for construction in Newton, Kansas, where Bunting Magnetics is based.  

    The Bunting donation will aid the local area in meeting the $5 million in private funds necessary to move the project ahead. 

    Published in the December 2014 Edition of American Recycler News

  • SMDI appoints Thimons to lead Steel Recycling Institute

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

    Thimons joined SMDI in November, 2010 as director of construction sustainability and has over 25 years of experience in steel construction products and steel product sustainability.

    As part of this transition, SRI will focus its efforts in two core areas —recycling programs and life cycle research. The recycling focus will include national and regional recycling initiatives, outreach and growth, while SRI’s life cycle research will include life cycle assessment (LCA) studies, as well as other sustainability-related initiatives relevant to the North American steel industry.

    Published in the December 2014 Edition of American Recycler News

  • Gershow Recycling supports remediation of historic site

    Over the past year, Gershow Recycling has been providing scrap metal containers to the Tesla Science Center (TSC) at Wardenclyffe as part of its efforts to assist the non-profit organization remediate the historic site that was owned by the famous scientist and inventor, Nikola Tesla.

  • Aluminum Association grows; board members added

    The Aluminum Association has disclosed membership growth, additions to its board and the election of a new member to its leadership team.

  • Novelis opens world’s largest aluminum recycling facility

    Novelis officially opened the world’s largest aluminum recycling center.

  • Ben Weitsman of Rochester expands

    Upstate Shredding – Weitsman Recycling has begun work on a state-of-the-art new steel warehouse at the company’s Ben Weitsman of Rochester facility at 80 Steel Street in Rochester, New York.

  • Scrap Metals MarketWatch | NOV 2014

  • Steel imports decrease five 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 3,667,000 net tons (NT) of steel in August, including 2,768,000 NT of finished steel (down 5.0 percent and 10.2 percent, respectively, vs. July final data).

  • Import data shows import market share at 28 percent

    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 September total 3,879,000 net tons (NT).

  • August steel shipments down

    The American Iron and Steel Institute (AISI) reported that for the month of August 2014, U.S. steel mills shipped 8,480,954 net tons, a 0.1 percent decrease from the 8,492,744 net tons shipped in the previous month, July 2014, and a 1.7 percent increase from the 8,343,075 net tons shipped in August 2013.

  • Wise Metals sold for $1.4 billion

    Wise Metals, a producer of aluminum can stock for the beverage industry, has been acquired by the Dutch firm Constellium for $1.4 billion.

  • Scrap Metals MarketWatch | OCT 2014

  • SIMA import market share 26 percent in August 2014

    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 August total 3,554,000 net tons (NT).

  • T.C. Graham Prize contest now open to applicants

    The Association for Iron & Steel Technology (AIST) disclosed the T.C. Graham Prize contest.

  • Marysville metal caster invests $230,000 in hazardous waste reduction

    SeaCast, Inc., a metal casting facility in Marysville, Washington, has agreed to pay The U.S. Environmental Protection Agency (EPA) a penalty of $18,000 to settle alleged hazardous waste violations at the company, which is located within the boundaries of the Tulalip Indian reservation.As part of the EPA settlement, SeaCast will invest at least $230,000 to install and operate a production process “water blast” system that is expected to reduce in the amount of hazardous waste generated at the facility by 40 percent. SeaCast also agreed to implement procedures to prevent future violations of hazardous waste management requirements.

    According to Scott Downey, manager of EPA’s hazardous waste inspection unit in Seattle, strict compliance with federal hazardous waste storage and management requirements protects people and the environment.

    “SeaCast has found a way to modify its production process and reduce its reliance on caustic cleaning solutions as a part of this settlement,” said Downey. “One of the central goals of the EPA’s hazardous waste program is to conserve resources and minimize the generation of hazardous wastes, so this project fits nicely.”

    EPA alleged that SeaCast:

    • Failed to maintain records of its hazardous waste determinations.
    • Stored hazardous wastes at the facility without obtaining a permit or complying with conditions applicable to hazardous waste generators.
    • Stored hazardous waste on site for longer than 90 days, failed to maintain adequate aisle space between containers of hazardous waste and failed to conduct required weekly inspections of hazardous waste storage areas. The company also failed to properly manage its universal waste lamps.

    Published in the October 2014 Edition of American Recycler News

  • Sims Metal Management reports fiscal 2014 results

    Sims Metal Management Limited disclosed a statutory net loss after tax (NLAT) of $89 million, representing a loss for the full year ended June 2014.

  • July steel shipments up 2.4 percent

    The American Iron and Steel Institute (AISI) reported that for the month of July 2014, U.S. steel mills shipped 8,492,744 net tons, a 2.4 percent increase from the 8,291,823 net tons shipped in the previous month, June 2014, and a 2.6 percent increase from the 8,274,511 net tons shipped in July 2013.

  • Novelis completes $106 million investment in Brazilian complex

    Novelis, commissioned a new coating line for beverage can end stock and an expanded recycling center at its Pindamonhangaba, Brazil complex.

  • Worcester Polytechnic Institute awarded for lightweight metals manufacturing

    Diana Lados, associate professor of mechanical engineering at Worcester Polytechnic Institute (WPI) and founding director of the university’s Integrative Materials Design Center (iMdc), has received a 3 year, $424,000 award from the National Science Foundation (NSF) to support the development of a new way to manufacture metal-ceramic composites, which can be used to make vehicles lighter and more energy efficient, while significantly increasing their performance.

  • Nucor promotes Dave Sumoski to executive VP

    Nucor Corporation has promoted Dave Sumoski, vice president and general manager of Nucor Steel Memphis, Inc., to executive vice president of engineered bar products, which includes special bar quality (SBQ) and cold finish businesses, effective September 14, 2014. Jim Darsey, who has served as executive vice president of bar products since 2010, will continue to focus on merchant and rebar products.

    Sumoski began his career with Nucor as an electrical supervisor at Nucor Steel-Berkeley in 1995 and was promoted to maintenance manager in 1999. He was promoted to general manager of Nucor Steel Marion, Inc. in 2008 and to vice president in 2010. Sumoski has served as vice president and general manager of Nucor Steel Memphis since 2012.

    Published in the October 2014 Edition of American Recycler News

  • Scrap Metal Services acquires shredding unit

    Scrap Metal Services, LLC (SMS), located in Burnham, Illinois, has acquired the auto shredding operation of 360 Degree Metal Recycling, Inc. and full-service scrap yard in New Carlisle, Indiana.  The facility will enable SMS to cost-effectively transport shredder feedstock scrap including vehicles and obsolete scrap from its Northwest Indiana and Chicago, Illinois retail facilities and auto operations.

    SMS plans to sell and ship the shredded ferrous scrap to steel mills in the Midwest for remelting into new steel products. The metallic shredder residue will be sent to SMS’s non-ferrous division’s recently opened heavy media plant in Blue Island, Illinois for further separation of the metals recovered in the shredding process.

    Terms of the transaction were not disclosed.

    Published in the October 2014 Edition of American Recycler News

  • Nucor declares 166th consecutive cash dividend

    The board of directors of Nucor Corporation declared the regular quarterly cash dividend of $0.37 per share on Nucor’s common stock. This cash dividend is payable on November 10, 2014 to stockholders of record on September 30, 2014, and is Nucor’s 166th consecutive quarterly cash dividend.

    Published in the October 2014 Edition of American Recycler News

     

  • Scrap Metals MarketWatch | SEP 2014

  • June steel imports decrease by 11 percent from May

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,586,000 net tons (NT) of steel in June, including 2,706,000 NT of finished steel (down 11.1 percent and 8.0 percent, respectively, versus May final data).

  • Novelis increases prices for sheet products

    Novelis disclosed price increases on its North American automotive and specialty aluminum sheet products for all new orders effective immediately.

  • Columbus Scrap awarded Scrap Company of the Year

    The American Metal Market awards for steel excellence honor best-in-class companies in or in support of the steel industry.

  • Novelis casts first ingot at facility

    Novelis successfully cast the first production-sized ingot – almost 10 meters long – at its new aluminum recycling and casting center in Nachterstedt, Germany.

  • Timken declares 369th consecutive dividend

    The Timken Company board of directors declared a quarterly cash dividend of $.25 per share. The dividend is payable on September 3, 2014, to shareholders of record as of August 19, 2014.

    This marks the 369th consecutive quarterly dividend paid on the common shares of the company since The Timken Company joined the New York Stock Exchange in 1922, one of the longest-running dividend records among NYSE-listed companies.

    Published in the September 2014 Edition of American Recycler News

  • Nucor’s executive vice president Grass to retire

    Nucor Corporation’s executive vice president of raw materials and chief executive officer of The David J. Joseph Company (DJJ), plans to retire effective September 12, 2014.

    Grass joined DJJ in 1978. He began his career as a brokerage representative and then as district manager of several DJJ trading offices. He was appointed vice president of trading in 1992. From 1996 to 1998, Mr. Grass served as president of DJJ’s International Division. He headed the Metals Recycling Division during 1999 and served as president of DJJ from 2000 until December 2012. Mr. Grass has served as CEO of DJJ since 2000 and was appointed executive vice president of Nucor Corporation when DJJ became part of Nucor in 2008.

    Upon the retirement of Grass, Joe Stratman, who began his Nucor career in 1989 and has served as executive vice president since 2007, will assume responsibilities for the raw materials group, which, in addition to DJJ, includes Nucor’s natural gas investments and logistics.

    Published in the September 2014 Edition of American Recycler News

  • Spurgeon chosen as Eriez’s product manager

    Ray Spurgeon has assumed the role of product manager-metal detection at Eriez. Spurgeon will now oversee and handle metal detection inquiries, OEM and major account growth, orders, product development and improvements, marketing, training and sales forecasts as well as other functions.

    Since joining Eriez in 1995, Spurgeon has served in various capacities within the company. In his most recent role, he assisted with the successful 2013 release of Eriez’ new Xtreme® Metal Detector and was responsible for the development of new OEMs for this line.

    Published in the September 2014 Edition of American Recycler News

  • Riddell joins MetalX in management role

    MetalX LLC disclosed that industry veteran David Riddell has joined the company’s management team, effective immediately. As a senior marketing executive, Riddell will be focused primarily on nonferrous commercial and marketing activities in support of the company’s growing nonferrous business.

    Riddell’s background includes extensive experience in the aluminum and white metals sector, having been involved in scrap purchasing, brokerage, and commercial management roles for companies in secondary smelting, sheet mill operations, and international metal trading.

    Riddell joins MetalX at a time when the company is expanding the scope of its nonferrous business to incorporate wire chopping, metal extraction technologies, and the production of customized melt products with its more traditional nonferrous scrap processing capabilities. The company began development of a state-of-the-art nonferrous facility in Auburn, Indiana, earlier this year.

    Published in the September 2014 Edition of American Recycler News

  • Ajita Rajendra elected CEO of A. O. Smith Corp.

    The Timken Company’s board of directors has elected Ajita G. Rajendra a director of the company for a term that expires at its May 2015 annual meeting. The election brings The Timken Company board to 10 directors.

    Rajendra serves as the chairman, president and chief executive officer of A. O. Smith Corp., a $2.2 billion global water technology company based in Milwaukee. The company is one of the world’s leading manufacturers of residential and commercial water heating and hydronic heating equipment.

    Rajendra has held a wide range of finance, operations, marketing and executive management positions throughout his 35 year career and has broad experience serving on corporate boards. He currently serves on the board of Donaldson Company, Inc., a manufacturer of filtration products based in Minneapolis. He previously was a director of Industrial Distribution Group, Inc., from 2007 until its acquisition by Eiger Holdco, LLC in 2008.

    Rajendra was named A. O. Smith president and chief executive officer in January 2013, and was elected chairman of the board in April 2014. He has served on the A. O. Smith board since 2011.

    Prior to joining A. O. Smith in 2005, he previously served as senior vice president at Kennametal Inc., a manufacturer of cutting tools, from 1998 to 2004. He began his career in 1978 with Corning Incorporated of Corning, New York.

    Published in the September 2014 Edition of American Recycler News

  • Novelis completes sale of consumer foil business

    Novelis Inc. has completed the sale of its North American consumer foil products business to Reynolds Consumer Products LLC for $33.75 million. The transaction includes foil manufacturing plants in Toronto, Ontario and Vancouver, BC, in addition to sales offices and distribution facilities in other locations.

    Published in the August 2014 Edition of American Recycler News

  • Scrap Metals MarketWatch | AUG 2014

  • April steel shipments down 1.2 percent from March

    The American Iron and Steel Institute (AISI) reported that for the month of April 2014, U.S. steel mills shipped 8,235,096 net tons, a 1.2 percent decrease from the 8,337,578 net tons shipped in the previous month, March 2014, and a 3.2 percent increase from the 7,978,531 net tons shipped in April 2013. Shipments year-to-date in 2014 are 32,086,347 net tons, a 1.7 percent increase versus 2013 shipments of 31,547,910 net tons for four months.

    A comparison of April shipments to the previous month of March shows the following changes: hot rolled sheet, up 2.0 percent; hot dipped galvanized sheets and strip, no change; and cold rolled sheet, down 0.1 percent.

    Published in the August 2014 Edition of American Recycler News

  • May SIMA imports data reflect import market share at 27 percent in May

    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 May total 3,950,000 net tons (NT).

  • Scouts recycle more than 57,000 pounds of cans

    Girls Scouts of Kansas Heartland Council received the National Recycling Champion award in the third annual Great American Can RoundUp (GACR) Scout Council Challenge by recycling 32,199 lbs. of aluminum cans and generating more than $16,000 for scouting activities.

  • MRS facilities receive award

    All four Metal Recycling Services (MRS) locations won the North Carolina Department of Labor’s “Certificate of Safety Achievement” for 2013.

  • Steel imports increase 7 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 4,016,000 net tons (NT) of steel in May, including 2,925,000 NT of finished steel (up 7.4 percent and 6.4 percent, respectively, vs. April final data).

  • Premier Oil Field Services changes its name

    Premier Oil Field Services now operates under a new name, American Metals Recovery & Recycling Inc.

    Also as part of the new move, the company will now trade as AMRR. The name change reflects the evolution of the company into the metals recycling industry.

    Published in the July 2014 Edition of American Recycler News

  • Western Metals acquires Utah recycling facilities

    Western Metals Recycling (WMR) purchased the assets and business of Sims Metal Management’s Utah recycling facilities. The operations include a shredder facility in Salt Lake City and a feeder yard in Orem, Utah. Western Metals Recycling is wholly owned by The David J. Joseph Company (DJJ), a subsidiary of Nucor Corporation.

    Published in the July 2014 Edition of American Recycler News

  • Aleris completes acquisition of Nichols

    Aleris has completed its acquisition of Nichols Aluminum, LLC, a producer of aluminum sheet for the transportation, building and construction, machinery and equipment in North America.  

    The acquisition includes two production facilities in Davenport, Iowa, a facility in Decatur, Alabama, and a facility in Lincolnshire, Illinois. The company has agreed to pay $110 million in an all-cash transaction.

    Published in the June 2014 Edition of American Recycler News

  • The Timken Company acquires Schulz Group

    The Timken Company has further expanded its industrial services capabilities with the acquisition of assets from the Schulz Group, based in New Haven, Connecticut.

    Schulz Group serves customers nationwide in the commercial nuclear power sector, as well as regionally in the hydro and fossil fuel market sectors, water management, paper and general manufacturing sectors in the New England and Mid-Atlantic regions. In 2013, Schulz Group had full-year sales of approximately $18 million and employed 125 people.  

    The purchase includes assets from Maine Industrial Repair Services, Inc., based in Augusta, Maine; Schulz Electric Company in New Haven, Connecticut, S.E.C. Electrical located in Braintree, Massachusetts; and Stultz Electric Motor & Controls of Portland, Maine, which collectively operate as the Schulz Group.

    Published in the June 2014 Edition of American Recycler News

  • March steel shipments up 9.4 percent

    The American Iron and Steel Institute (AISI) reported that for the month of March 2014, U.S. steel mills shipped 8,337,578 net tons, a 9.4 percent increase from the 7,618,380 net tons shipped in the previous month, February 2014, and a 5.2 percent increase from the 7,922,265 net tons shipped in March 2013.

  • Severstal NA appoints new general manager

    Severstal North America has appointed Dr. Prabhat (PK) Rastogi to general manager, business development, strategy and innovation for key markets based in Dearborn, Michigan.

    In this position, PK will be responsible for business development, market strategies, product innovation and holistic approach to value creation. He will also assist and support Severstal’s automotive product and sales managers in implementing these strategies.

    PK joins Severstal from ArcelorMittal where he was a manager, automotive sales and marketing for approximately seven years. In this position, he assisted in development of both the North American and global automotive strategy and execution for ArcelorMittal.

    Previously, PK worked with ArcelorMittal and its predecessor companies with expanding responsibilities focusing on activities ranging from product development and applications to strategy formulation, business alliances and value creation. He has eight patents and authored almost 40 technical publications. He is a Fellow of American Society for Metals and a board member of Society of Automotive Analyst.

    Published in the May 2014 Edition of American Recycler News

  • Novelis appoints new vice president

    Novelis has appointed Manfred Stanek to the position of vice president, strategy, and chief commercial officer, effective April 1, 2014.

    In this role, Stanek will be responsible for developing Novelis’ global strategy and leading the commercial organizations for the company’s automotive, can and specialty products. He will report directly to Phil Martens, Novelis president and chief executive officer, and serve as a member of the Novelis global operating committee. He will be confirmed at the next Novelis board of directors’ meeting.

    Stanek joined Novelis in 2012 as director, specialty products for South America, and most recently served as vice president, commercial and strategy, for the region.

    Published in the April 2014 Edition of American Recycler News

  • Armco Metals Holdings and Mitsui & Co. enter into steel agreement

    Armco Metals Holdings, Inc. disclosed that its Armco Renewable Metals, Inc. subsidiary has entered into a steel scrap supply agreement with Mitsui & Co. Ltd., a wholly owned subsidiary of Mitsui & Co., Ltd.

  • Mills named as director of law enforcement outreach

    The Institute of Scrap Recycling Industries (ISRI) has hired Brady Mills to act as director of law enforcement outreach.  In this new role created by ISRI, Mills will be responsible for working with the recently formed Law Enforcement Advisory Council to develop and implement a law enforcement training program as well as coordinate outreach with the law enforcement community.

    Mills recently retired from the U.S. Secret Service after more than 27 years. He began his career in the Secret Service in 1986 in the Detroit Field Office followed by field assignments in the Washington and Fresno offices, and as Resident Agent in Charge of the Sacramento office.

    From 1994 through 1998, he served on the Presidential Protective Division, including a period as team leader on the Counter Assault Team. From 2006 through 2012 he held headquarters assignments in the Inspection Division and the Office of Training at the Rowley Training Center. Mills ended his career with the Service as the special agent in charge of the Secret Service Liaison Division. Prior to his career with the Secret Service, Mills served as a trooper for five years with the Pennsylvania State Police.

    Published in the March 2014 Edition of American Recycler News