Those in business of making steel or producing power are keeping a closer eye on the weather forecast in Australia than on the temperature in Delhi or Mumbai. After all they are already grappling with a situation where input costs have shot through the roof over the last 12 months, and it is not just [...]

It is reported that China cancelled tax rebate on waste and outdated materials from New Year. What’s more, supply becomes tighter and tighter as usual in winter and domestic scrap joins new round of price rise.
At present, the mainstream purchase price of charging-quality scrap reaches CNY 3380 per tonne to CNY 3400 per tonne in [...]

A 40-year-old Chrysler worker is facing theft charges, after he allegedly sold copper parts from the Windsor, Ont., assembly plant to a scrap metal yard, say police.
John Stanley Taylor, a Windsor resident, was arrested on Wednesday at the Chrysler plant and charged with theft over $5,000, possession of stolen property, and fraud.
Windsor police said they [...]