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American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
Copper pipes and wiring, bronze monuments and aluminium siding have all been targets of metal theft, with the number of thefts increasing as prices rise. [2] Manhole covers have also been stolen. [ 3 ] [ 4 ] [ 5 ] In the 1970s, the term "newsjacking" was coined to describe the theft of newspapers for sale to scrap dealers.
Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Precious metals and industrial metals are priced by trading of those metals on commodities exchanges. [1]
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Electronic scrap recycling is one of the most dynamic and fastest growing segments of the scrap recycling industry and generated an estimated revenue of more than $5.2 billion to the U.S. economy in 2010, employed more than 30,000 full-time employees in the private sector and when non-profit organizations are included, more than 45,000 people; and collected and processed domestically more than ...
An estimated 80% of all copper ever mined is still in use today. [15] In volume, copper is the third most recycled metal after iron and aluminium. [16] As of 2023, recycled copper supplies about one-third of global demand. [17] The process of recycling copper is roughly the same as is used to extract copper but requires fewer steps.
The shredder residue that is not recovered for metal contains many other recyclable materials; 30% of it may be polymers, and 5-10% of it residual metals. Modern vehicle recycling attempts to be as cost-effective as possible in recycling those residual materials. [ 1 ]
Metal scrap recycling, also called secondary metal processing, is a large industry that processes, in the U.S. alone, 56 million tons of scrap iron and steel (including 10 million tons of scrap automobiles), 1.5 million tons of scrap copper, 2.5 million tons of scrap aluminum, 1.3 million tons of scrap lead, 300,000 tons of scrap zinc and ...