Scrap processing began as a very low-tech, labor-intensive operation, and gradually evolved to the much more high-tech business it is today. Modern yards are safer and cleaner, and processing machines ...
Part of the scrap metal business model involves trucking material to large, centralized yards with high-volume processing equipment. Sometimes, however, metal recyclers must send out smaller, portable ...
Forget collecting those aluminum cans—salvaging wire and cable is where the real money is. Electrical contractors routinely create scrap metal products such as wire and cable, aluminum conduit, cable ...
For metal recycling companies who operate on many sites or offer scrap processing as a service, time is a vital, but very scarce, resource. It is sometimes the only factor that rules out potential ...
Cleveland-Cliffs Inc. (NYSE: CLF) is entering the scrap business through an acquisition. The steel producer and iron ore miner on Monday morning, Oct. 11, announced it has agreed to buy Detroit-based ...
The West Coast Chapter of the Institute of Scrap Recycling Industries, Inc., and several scrap facilities (collectively “Scrap Facilities”) filed a November 26th Complaint for Declaratory and ...
Metal Management, Inc. (NYSE: MM), one of the nation's largest full service scrap metal recyclers, today announced that it has entered into a definitive agreement to acquire substantially all of the ...
Cleveland-Cliffs to enter scrap business with acquisition of Ferrous Processing in $775 million deal
Cleveland-Cliffs Inc. said Monday it is entering the scrap metal business with the acquisition of Ferrous Processing and Trading Company (FPT) in a deal with an enterprise value of about $775 million.
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