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14th September, 2021: Scrap Gold, Silver and Platinum Prices Dropped on Index

In the Hallmarked category, the 14 carat gold scrap prices were down by $ 0.40 per Oz. SEATTLE (Scrap Monster): The daily scrap gold and silver prices – hallmarked and non- hallmarked declined sharply Tuesday, 14th September, 2021 on the ScrapMonster Price Index. Platinum scrap prices too slumped on Index. In the Hallmarked category, the 14 carat gold …

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RRS Launches Signalfire Group to Provide Policy Development and Implementation Services

RRS created the new subsidiary to dedicate resources to help manufacturers, retailers, and governments enter and participate in new recycling systems.  SEATTLE (Waste Advantage):  Resource Recycling Systems, Inc. (RRS), a sustainable material and resource consulting firm, launched Signalfire Group. As a subsidiary of RRS, Signalfire Group will provide research, planning, and implementation support to governments and organizations utilizing policy and regulation as a tool to guide sustainable materials management and circular …

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14th September, 2021: Chinese Scrap Metal Prices Dipped Heavily on Index

Aluminum Ingots too dropped by CNY 1,200 per MT. BEIJING (Scrap Monster): The Chinese copper scrap prices declined sharply on ScrapMonster Price Index  as on September 14th, Tuesday. Stainless Steel, Aluminum prices dropped on Index when compared with the previous day. Brass and Bronze scrap prices too were down sharply. Meantime, Steel scrap prices held steady on Index. …

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Cascades Declared Revised Outlook on Q3 Operations

The maintenance was initially scheduled for the fourth quarter of the year. SEATTLE (Scrap Monster): Kingsey Falls, Quebec-headquartered Cascades Inc,. released updated operational outlook for the third quarter of the current year. The company also declared date of publication of its financial results for the quarter. According to company press release, the third quarter 2021 financial …

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Service Center Metals Announced Big Boost to Production Capacity

The new project is expected to create 94 new jobs in the region. SEATTLE (Scrap Monster): Leading aluminum extrusions manufacturer Service Center Metals announced investment in excess of $100 million in Prince George County, aimed at boosting its production capacity to meet rising customer demand. The announcement to this effect was made today by Governor Ralph …

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Ahlstrom-Munksjo To Idle Paper Machine at Wisconsin Plant

The plant employs nearly 500 people. SEATTLE (Scrap Monster): In an announcement to its employees, Ahlstrom-Munksjo said that it has decided to temporarily idle #8 paper machine at its Rhinelander, Wisconsin Plant in the U.S in December this year. Also, the #20 Supercalender and #21 Rewinder machines will be idled in July next year. The plant …

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Sibanye Declared Strategic Investment in Nevada Lithium Mine Project

The project is expected to cost around $850 million. SEATTLE (Scrap Monster): South African miner Sibanye Stillwater Ltd. announced that it has signed a deal worth $490 million to purchase half of Ioneer Ltd.’s Nevada lithium mine project. Australia-based Ioneer said that it will form a joint venture with Sibanye Stillwater to develop the Rhyolite Ridge …

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Guyana Scrap Metal Exports Hit Hard by Government Curbs

It calls for packing of scrap metal in a specific yard, in presence of CANU officers, with 24-hour surveillance. SEATTLE (Scrap Monster): The Guyana Metal Recyclers Association (GMRA) stated that the country’s scrap metal trade has taken a hit, primarily due to stricter restrictions imposed by the administration, aimed at curbing illicit trading activities. The government …

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15th September, 2021: Scrap Gold and Platinum Prices Slipped, Silver Surged

Silver scrap prices increased marginally by $0.01 per Oz when compared with the previous day.    SEATTLE (Scrap Monster): The daily scrap gold and platinum prices – hallmarked and non- hallmarked declined Wednesday, 15th September, 2021 on the ScrapMonster Price Index. Silver scrap prices increased marginally over the previous day. In the Hallmarked category, the 14 carat gold scrap …

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Mon Power Launches Utility Pole Recycling Program

The company will review the program over the next 12 months and consider expanding it to additional locations in its service territory. SEATTLE (Waste Advantage):  Mon Power, a subsidiary of FirstEnergy Corp., is launching a sustainability initiative to recycle and repurpose utility poles in West Virginia. At nine of its service centers, Mon Power will store used …

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