News by Nadar

Radioactive contamination in imported scrap metals

By Nadar Posted on : 3/11/2009 3 comment(s) 2822
Alarming levels of radioactive contamination in imported scrap to India
More than 50% of the total 123 shipments of contaminated steel is from India. The 67 shipments from India were denied entry into European and US ports. The reason, contamination of Cobalt-60 in the Read more
News Tags: Metal Scrap, ,

Organized Crime and scrap yards

By Nadar Posted on : 3/9/2009 764
Organized crime by Junk Yard owners
The major obstacle in running a Junk Yard is theft materials. Every now and then the police raid junk yards for stolen goods and harass innocent owners. Read more
News Tags: General Scrap, ,

Scrap Market Prices – Not all Gloom and Doom

By Nadar Posted on : 12/16/2008 25 comment(s) 13445
From Mountain to Mole hill in a couple of months the scrap prices have fallen to unimaginable figures.Due to the falling prices you see moles turn into mountains of scrap and Junk Yards. Traders agree for a price while they ship and before the shipme
Scrap Market Prices – Not all Gloom and Doom

From Mountain to Mole hill in a couple of months the scrap prices have fallen to unimaginable figures.Due to the
Read more

Scrap Metal Prices- Will there be a dawn in 2009?

By Nadar Posted on : 12/2/2008 13107
All of a sudden the scrap Industry is in Chaos. It has indirect effects on the environment like PET bottles going to landfills due to lack of buyers. So what is the solution for the situation?
Read more
News Tags: Metal Scrap, Plastic Scrap, ,

Scrap Collectors and Small Vendors lose business

By Nadar Posted on : 11/11/2008 1 comment(s) 3034
Rating (2 Votes)
The buying price of steel scrap is INR 6 per kg on the street, yet no buyers

Yesterday I happened to meet with a street scrap buyer who used to visit our households every 15 days Read more

News Tags: General Scrap, Metal Scrap, ,

China’s $586-B plan, Will it be a boon for the steel industry?

By Nadar Posted on : 11/10/2008 2524
Rating (2 Votes)
China announces Half a Trillion (586 Billion US$) Economic stimulus package

dragon.jpgBEIJING —  The Chinese Govt. have  announced Read more

News Tags: Metal Scrap, ,

Ship Breaking Industry - In Coma

By Nadar Posted on : 11/6/2008 2 comment(s) 9285
Rating (8 Votes)
From $750 to $200 for salvaged steel, will the ship breaking industry survive?

It had been the worst affected industry by the Global economic slowdown and declining demand for steel. Asian countries like India Bangladesh were Read more

News Tags: Metal Scrap, ,

Where is the scrap metal market headed to?

By Nadar Posted on : 11/5/2008 2 comment(s) 2895
Rating (2 Votes)
Slowing Demand, Surplus stocks have moved the scrap metal rates southwards..

One would have never expected the current market price to fall to $ 280-330 range in the begining of 2008. Heavy demand for steel had skyrocketed the rates of scrap metal Read more

News Tags: scrap metal prices,