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Metal Management News

News on Metal Management continually updated from thousands of sources around the net.

Saturday May 10 | Recycling Today

Sims Posts Strong Numbers for First Three Quarters

Sims Group Ltd. reported unaudited net profit after tax of $182.5 million, an 11.2 percent increase from the same time last year. via Recycling Today

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Related Topix: Waste Management, Environmental

Thursday May 8 | Bloomberg.com - Asia

Sims Third-Quarter Profit Increases 62% on Higher Prices for Scrap Metal

Sims Group Ltd ., the world's biggest recycler of scrap metal, said third-quarter profit rose 46 percent because of higher global prices. via Bloomberg.com - Asia

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Related Topix: Environmental, Waste Management

Apr 9, 2008 | Platts

US ferrous scrap supply stays tight; prices up on demand: Dienst

“Now, a lot of scrap is leaving the country. You can't deny what is going on in the BRIC countries”

"People need material -- some people are dangerously short of raw materials," said Dienst. via Platts

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Related Topix: Waste Management, Environmental

Apr 5, 2008 | Chicago Tribune

Trial, appeal, merger - in just hours

“Due to the amount of money at issue and all the factors related to the exchange of securities that was going to take place, the court took the case”

The $1.5 billion merger of Chicago-based Metal Management Inc. with an Australian company was completed March 14 as scheduled, but not before an unlikely stop at the Illinois appellate court the day before. via Chicago Tribune

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Related Topix: Cook County, IL, Chicago Metro, Environmental, Waste Management

Apr 3, 2008 | The State Journal

Wheeling-Pitt Plans to Idle Pennsylvania, Ohio Operations

“It breaks my heart to have to do it”

Wheeling-Pittsburgh Steel Corp. plans to idle its Allenport, Pa., plant as well as two of three galvanizing lines at its Martins Ferry, Ohio, mill. via The State Journal

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Related Topix: Steel, Mining, Allenport, PA, Environmental, Waste Management

Apr 1, 2008 | The Times West Virginian

Wheeling-Pitt settles lawsuit with scrap supplier

Steel supplier Esmark Incorporated and a Chicago scrap supplier have settled a lawsuit filed last year over a purchasing deal, but won't reveal the terms. via The Times West Virginian

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Related Topix: Environmental, Waste Management, Steel, Mining

Mar 17, 2008 | Platts

Alcan Aluminum, Rusal, Marubeni top Aluminum Shapes' creditors

Alcan is owed $6.581 million, while Rusal America is owed $5.276 million. Coming in a far fourth is Marubeni America at $1.871 million. via Platts

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Related Topix: Industrial Machines, Mining, Metals, Camden, NJ, Environmental, Waste Management

Mar 15, 2008 | Recycling Today

Metal Management Stockholders Approve Merger

Metal Management has announced that its shareholders have approved the merger agreement with Sims Group Ltd. via Recycling Today

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Related Topix: Waste Management, Environmental

Feb 12, 2008 | Business Wire

Public relations, press release distribution, investor relations, SEC filing

Metal Management, Inc. today announced that the Securities and Exchange Commission has declared effective the Registration Statement on Form F-4 of - 02/12/2008 - 04:45 PM SAN DIEGO-- --Ligand Pharmaceuticals ... via Business Wire

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Related Topix: Corporate / Securities Law, Law, Biotech, Medicine, Ligand Pharmaceuticals, Healthcare Industry, Securities and Exchange Commission, Environmental, Waste Management

Feb 8, 2008 | Canadian Business Magazine

Och-Ziff Capital Management Group Reports 5.9 Percent Stake in Metal Management Inc.

Och-Ziff Capital Management Group LLC on Friday reported a 5.9 percent stake in scrap-metal recycler Metal Management Inc., in a filing with the Securities and Exchange Commission. via Canadian Business Magazine

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Related Topix: Startups, Focus Management Group, LLC, Environmental, Waste Management

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