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Metals

  • 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