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