ferrous scrap News
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Armco in scrap supply deal with Midland Resources
Asia: Chinese recycler and iron ore distributor Armco Metals has entered into a steel scrap supply agreement with Midland Resources Co. The deal will see Armco Metals become a sourcing agent for the Hong Kong-based business to import ferrous scrap into China. Under the agreement, Midland Resources will use its import licences and financing capabilities to import steel scrap for direct processing ...
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OmniSource to acquire Recycle South for US$505m
OmniSource, the scrap metal processing arm of Steel Dynamics, Inc. (Fort Wayne, IN), and metals recycler Recycle South LLC (Spartanburg, SC) have entered into a definitive agreement whereby OmniSource will acquire Recycle South in a transaction valued at about $505 million. Under the terms of the transaction, OmniSource, which already owns about 25% of Recycle South, will pay $232 million in cash ...
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Demand for non-ferrous scrap has been resurgent in 2010
Demand for non-ferrous scrap has been resurgent in 2010 following the lows of late 2008 and the first half of 2009. “We again found ourselves as the fuel for the demand of the emerging economies of the world - as providers of ecologically-viable alternatives to primary metals to growing but mineral-deficient nations,” the BIR Non-Ferrous Metals Division’s President, Robert Stein ...
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Reduced buying activity helps dampen prices
Global: Steel scrap prices lost a little ground towards the end of April, not least because of the decision by mills in Turkey to step back from the international market. The early-month flurry of deep-sea ferrous scrap purchases by Turkish mills dwindled to a trickle in the second half of April, prompting prices to drift. Meanwhile, the World Steel Association (WSA) is predicting that the pace ...
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EMR and Smiths Industries create US holding firm
Scrap metal recyclers European Metal Recycling and Smith Industries have formed a US holding company. Under the deal the newly created holding company owns EMR’s Camden Iron and Metal LLC subsidiary, based in New Jersey in the United States, and Washington-based Smith Industries. EMR/Smith Industries LLC is the joint property of EMR and Paul Smith, the previous sole owner of Smith Industries. ...
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SMS absorbs two car yards
United States: Scrap Metal Services (SMS) has purchased two car scrap yards - Paul's Auto Yard Inc. and Shafer's Auto Yard Inc. - in Indiana and Michigan for an undisclosed sum. The dual acquisition has given rise to a new division known as SMS Paul's Auto Yard. Through this move, SMS will offer customers auto parts from the selection of used cars and trucks at each location. The two yards also ...
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BIR Ferrous World Mirror May 2014
Global: The following article is based on the latest Ferrous World Mirror produced by the BIR world recycling organisation for the benefit of its members. The steel scrap recycling industry 'seems to be in the process of restructuring' - which is 'good news', according to Christian Rubach, president of the BIR Ferrous Division. He bases his assertion on merger and acquisition activity that has ...
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BIR Ferrous World Mirror May 2014
Global: The following article is based on the latest Ferrous World Mirror produced by the BIR world recycling organisation for the benefit of its members. The steel scrap recycling industry 'seems to be in the process of restructuring' - which is 'good news', according to Christian Rubach, president of the BIR Ferrous Division. He bases his assertion on merger and acquisition activity that has ...
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S Norton & Co restructures for the future
S Norton & Co Ltd, at the forefront of British metal recycling for 50 years, is being restructured so that the owners John, Charlie and Matt Norton can devote more time to strategy and longer-term direction of the business and ensure its future success. Founded in 1960, the family-run scrap processing business collects, processes and distributes over one million tonnes of ferrous scrap every ...
By Axion Group
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Scrap recycling in Switzerland
One machine for everything: Weatherproof two-shaft shredder RM1350/2-2000 Maag Recycling AG in Winterthur, Switzerland, collects, sorts and reprocesses a wide variety of waste, including cardboard packaging, non-ferrous metals, scrap iron, glass and electrical and electronic equipment. For this purpose, alongside balers and sorting plants, the company operates a rotary shear, which has been ...
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How to Offset the Costs on Your Demolition Project
In order to keep your demolition costs to a minimum, clients need to maximize the return on scrap metal recycling and salvage of equipment and parts. By doing this, clients with large demolition and wrecking projects can see a substantial offset on demolition costs. In some cases, clients can get paid if there is enough scrap metals and used equipment sale. Universal Wrecking Corp. is a ...
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Innov-X and Steinert cooperate in meatball extraction technology
WOBURN, MA – April 28th, 2010 –Innov-X Systems and Steinert have entered into an OEM agreement to market a new high speed, x-ray fluorescence-based (XRF) sorting system that will effectively identify and remove copper containing material, such as “meatballs”, from ferrous scrap. This new technology will be a welcome solution for metal recyclers worldwide who have long been challenged by copper ...
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Management changes at S Norton & Co and Axion Recycling
The Board of Directors at S Norton & Co Ltd, one of the UK’s prominent metal recyclers, has announced, with a ‘mix of sadness and gratitude’, the resignation of Roger Morton as Managing Director of both S Norton and Axion Recycling. Roger will leave his full-time employment with both companies on February 28th 2019. However, he will continue in a consultancy role, acting for ...
By Axion Group
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Granutech-Saturn announces acquisition of Magnatech hammermill line to enhance its Saturn® industrial shredder portfolio for non-ferrous applications
Granutech-Saturn Systems, a world-leading manufacturer of the Saturn brand of industrial and mobile shredders announced today it has acquired a comprehensive line of industrial hammermills and ringmills, formerly marketed under the Magnatech brand. “In line with our history of strategic acquisitions, the long established and proven Magnatech Engineering line of hammermills provides us with ...
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Environmentally friendly recycling of cars in the EU
Recycling scrapped cars plays an important role in reducing pollution by decreasing the amount of waste that ends up in landfills. A new study has investigated advanced technologies to increase the recovery rate from end-of-life vehicles, which can help EU Member States achieve EU targets for resource and energy recovery. Approximately 9 million end-of-life vehicles (ELVs) are scrapped every year ...
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Metso receives scrap metal shredding technology order from Russian Vyksa Steel Works
Metso Corporation's press release on August 16, 2011 at 11:00 a.m. local time The used technology can save more than 70 percent of the energy needed for the steelmaking process and reduces pollutants to the environment substantially Metso will deliver a metal shredder plant to the Russian Vyksa Steel Works, part of United Metallurgical Company (OMK). The order is the largest ever for ...
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Granutech Launches New “Hybrid-Drive” Option for its Saturn Industrial Shredder Line
Granutech-Saturn Systems, a world-leading manufacturer of industrial and mobile shredders and other recycling equipment announced today it has developed and launched a new hybrid-drive mechanism option for its popular line of Saturn® industrial shredders, targeted for non-ferrous metal scrap recycling, as well as rubber/tires, e-scrap and plastic recycling. “We have combined thebest ...
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The David J. Joseph company selects KMI EHS software suite
The David J. Joseph Company (DJJ), a world leader in scrap processing and trading, has selected the KMI EHS Software Suite for corporate-wide implementation. DJJ selected the Knowledge Management Innovations EHS Suite to help track critical business requirements. This system will simplify the data management aspects of environmental compliance as well as provide a platform for work flow ...
By VelocityEHS
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The Foundry Sector: Where scrap is worth the same as - GOLD
Today the metallurgical sector, and foundries in particular, are at the forefront when it comes to protecting the environment and the impact of industrial waste on the ecosystem. We are talking about millions of tonnes of special waste which need to be disposed of every year involving significant resources and huge costs. "Our sector does not usually occupy the front pages of financial ...
By MB Crusher
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WasteTech-2011 International Exhibition for Waste Management, Recycling, Environmental Technologies and Renewable Energy.
It will be the seventh time for WasteTech to become the gathering place for waste & recycling community where visitors can learn about the latest products, equipment and services, network with customers and partners, and learn from industry-leading experts in the content-rich conference program. WasteTech covers a wide range of environmental technologies, machines and equipment. Due to the ...
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