If you … Scrap Metal Prices in United States. letsrecycle.com provides a monthly guide to scrap metal prices in the sector, drawing on input from a range of businesses in the scrap metal … As it did in November and December, export buying was a key component on the demand side, as bulk cargoes were booked on both coasts throughout the 30-day buying period that led to the Jan. 6 and Jan. 10, Fastmarkets AMM price index figures. On the supply side, processors say increased scale pricing has yielded improved peddler traffic and has moved scrap uphill from small dealers to larger shredder yard and export yard operators. Processors and traders on the West Coast and in the Midwest experienced only slightly less buying enthusiasm, with ferrous scrap prices rising from $90 to $107 per ton. Metro Metals Recycling gives the best prices for your scrap vehicles and scrap metal. Processors and traders on the West Coast and in the Midwest experienced only slightly less buying enthusiasm, with ferrous scrap prices rising from $90 to $107 per ton. We are encouraged by recent trends in residential construction and industrial activity in both North America and Europe, which point toward continuing solid demand for merchant products. Excluding these expenses, adjusted earnings from continuing operations for the three months ended Nov. 30, 2020, were $69.8 million, or 58 cents per diluted share, as detailed in the non-GAAP reconciliation that follows, compared to adjusted earnings from continuing operations of $0.73 per diluted share for the three months ended November 30, 2019. The in-person event was scheduled for May 17-21 in Orlando, Florida. We anticipate margin headwinds will persist in North America during the second quarter in light of recent significant increases in domestic scrap costs. The biggest riser, at $110 per ton, was for heavy melting steel (HMS) scrap off the United States East Coast. He joined WM in 2010 as the chief strategy officer and in 2012 became the president of WM Recycling and the WM Organic Growth Group, where he developed the recyclable materials business for WM and oversaw its portfolio of early stage technology and services investments. The price for scrap metal per kg, listed below, is for the ‘clean metal’. Sustained demand and substantially higher prices for scrap export during the final weeks of 2020 meant a bright New Year for traders. The information above is only averages for common materials across North America. Downstream margins also declined on lower average pricing and scrap cost pressure but remained near high levels due to strong price levels in CMC’s committed backlog, the company states in its latest earnings report. Please submit your Buy or Sell inquiries to the exchange. This tool is to provide a general idea of the current market conditions. … Per pound: $1.91; Per ton: About $3,800; … The new site will provide CMC with more production flexibility. “By bringing companies at the forefront of plastics manufacturing together in other ways, Plastics will continue to provide opportunities for the industry to unite to solve today’s needs and reimagine how to meet tomorrow’s challenges,” the association’s email concludes. Rebecca Ryan, futurist and owner of Next Generation Consulting Inc., will be participating in a session on practicing future-focused leadership. Check the latest scrap metal prices below for many of the common metals including steel, copper and brass. Looking ahead to the second quarter of the year, Smith projects that seasonality could impact operations. Steel mill capacity rates in the U.S. as measured by AISI have risen from a COVID-19-affected low of 51.1 percent in early May to 75.4 percent the week ending Jan. 9 of this year. Scrap aluminium is relatively cheap compared to some of the other types of scrap metal. The email adds, “While we are disappointed by the circumstances that led to this decision, we know that the plastics industry is strong and resilient,” noting the industry’s push to transform manufacturing processes and supply chain operations to deliver medical equipment and supplies to pharmaceutical companies, medical supply manufacturers and health care workers. Price quotation: US dollars per tonne: Clearable currency: US dollars: Minimum price fluctuation (tick size) per tonne: Outright : Carries : LMEselect : $0.50 : $0.01 : Inter-office : $0.01 : $0.01 : Termination … Part of the funding for this new Arizona micromill will come from the sale of land CMC had owned in southern California for Steel California. ... Find local scrap metal pricing at your closest scrap yard. All rights reserved. CMC reports that its North America segment recorded adjusted EBITDA of $155.6 million for the first quarter of 2021 compared with adjusted EBITDA of $174.7 million for the prior-year first quarter. CMC plans to invest about $85 million on that particular micromill in fiscal year 2021. “There is a huge market for this technology as it will significantly reduce the cost of sustainably recovering value from recycled metals on an industrywide scale.”, The Plastics Industry Association (Plastics), based in Washington, has alerted exhibitors of its plans to cancel the in-person components of, Recycling Today Global Edition back issues, © 2021 GIE Media, Inc. All Rights Reserved. The increased generation is welcome at a time when three months of rising prices have provided good margins for scrap processors and anyone else holding inventory of ferrous scrap they had purchased in late 2020 or earlier. Scrap Metal Recyclers Adelaide Turn Scrap Into Cash. CMC has acted swiftly to commensurately adjust price levels on rebar and merchant mill products, but these increases have a timing lag relative to the changes in scrap cost levels.”. Scrap Prices. The event had been scheduled for May 17-21 in Orlando, Florida. Often metals are coated with other metals, or are attached to other metals … Scrap metal prices were updated on January 28, 2021 to reflect the market price for aluminium, brass, copper, & steel increasing across Adelaide, South Australia.. RecycleNet tracks 100's of individual grades of scrap and recyclable commodities from The Recycler's Exchange and a network of regional exchanges worldwide. The Wastecon program includes four panels where speakers will discuss industry topics including COVID-19 response, EPA's new 50 percent recycling goal, and more. As the year comes to a close, MRFs are largely seeing good news across the board, fetching higher prices for OCC, mixed paper, aluminum, natural HDPE and other materials. Stainless Steel Scrap: Material Average Price High Price Low Price Price Unit Price Date; 201 Stainless Steel Scrap: 0.24: 0.24: 0.24: USD/LB: 2021-01-18: 301 Prepared Stainless Steel ​Scrap Caesar’s most recent position was as the chief executive officer of WCA Waste Corp., a vertically integrated, nonhazardous solid waste and recycling services company based in Houston that was acquired by GFL in 2020. “After extensive review, it has been determined that it is not possible to hold the planned event and also provide a safe environment at that time and location, and therefore we must cancel the in-person show," the email states. On the conference call, she said steel volumes tend to decline in the second quarter with slower construction activity this time of year due to winter weather; however, she said shipments of steel should be supported by construction backlogs. By mid-December of last year, as nations around the world approved COVID-19 vaccines and then began rolling them out, metals producers and speculators seemed to gravitate to the notion that the supply-and-demand scenario for metals was about to change. “January is off to a good start,” says a buyer of manufacturing scrap in the Great Lakes region. “We are very fortunate that Bill has chosen to join our board of directors and I am very excited to have him as a part of our team,” Nalin Kumar, CEO of Sortera, says. Caesar brings decades of experience in waste management and recycling, corporate strategy and technology innovation. “CMC delivered another quarter of solid performance, marking the seventh consecutive quarter of Core [earnings before interest, taxes, depreciation and amortization, or EBITDA] near or above the $150 million mark,” says Barbara R. Smith, chairman of the board and president and CEO of CMC. “I’ll state the obvious by saying as long as the virus remains at bay and there is not a government-mandated shutdown, we should see a solid year.”. Sortera Alloys, Fort Wayne, Indiana, developers of a sorting system for nonferrous scrap metal, has announced the appointment of Bill Caesar to its board of directors. Headaches for processors and traders mostly involve higher seaborne shipping rates (for containers and dry bulk cargoes) and a scramble to find containers to serve that portion of the export market. About /... price per … Niagara Metals has scrap metal price list of Non-Ferrous,! Consist of both live and on-demand sessions grow its EBITDA kg will be participating in session. A session on practicing future-focused leadership from a variety of scrap-deficient nations with rebounding economies and stimulus... 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