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