LME Experiences Trading Disruption
On March 16, the London Metal Exchange’s primary electronic matching engine experienced a technical fault, triggering a three‑hour trading halt on its LME Select platform. The inter‑office market stayed operational, and the exchange switched to a backup closing‑price methodology to publish prices before restarting on the secondary engine at 17:30 GMT. All metal contracts—including copper, aluminium, lead, zinc, nickel and tin—were frozen on LSEG’s Workspace until trading resumed. The incident was formally declared a Disruption Event due to its impact on participants’ hedging capabilities.
Casella Appoints Senior Vice President and Chief Revenue Officer
Casella Waste Systems announced Christopher A. Rains as senior vice president and chief revenue officer. Rains brings more than two decades of senior commercial, operational and customer‑focused leadership across Fortune 300, private‑equity‑backed and founder‑led firms. He will oversee and integrate all...
Indonesia’s Nickel Pig Iron Spigot Reopens
Indonesia’s high‑pressure acid leach (HPAL) plants that produce nickel pig iron (NPI) saw output plunge more than 67% in mid‑February after a processing‑waste landslide disrupted operations near the Morowali Industrial Park. Satellite‑based monitoring by Navigate Commodities shows ore flows rebounding...
Fleetio Launches AI Capability to Accelerate Fleet Maintenance Approvals
Fleetio unveiled Service Advisor, an AI-driven tool that speeds up high‑volume repair approvals, reporting a 16% reduction in shop hours for assets. The feature joins Smart Uploads, which automates invoice digitization and saves drivers up to eight hours per week....
The Metals Agency Receives Approval for Export Credit Insurance
The Metals Agency has secured export credit insurance through JPMorgan Chase and the U.S. Export‑Import Bank, marking its first bank‑backed protection for international metal trades. The coverage gives customers a safety net against payment defaults, especially as copper, aluminum and...
Electrified Materials Adds Processing Capacity
American Resources Corp.'s subsidiary Electrified Materials Corp. (EMCO) has added a new preprocessing line at its Indiana plant, expanding capacity to aggregate and condition magnet, copper, aluminum, ferrous metals and rare‑earth/critical‑mineral feedstocks. The conditioned materials are shipped to sister company...
ERI Files Suit Alleging Theft of Trade Secrets
ERI, a Fresno‑based electronics recycling firm, filed a lawsuit in New York Supreme Court against Revivn Public Benefit Corp., alleging theft of trade secrets. ERI claims Revivn poached senior employees, including former senior director Justin LeDoux and logistics director Ross...
EFactor3 Enters Into Separation Tech Partnership
eFactor3 announced a partnership with Broadview Group International to bring BGI’s Rotary Impact Separator (RIS) technology to North America. A commercial‑scale RIS unit will be installed at eFactor3’s test center, allowing customers to evaluate the dry, mechanical separation process on...
Novelis’ Aluminum Sheet Receives Recognition
Novelis Inc. earned the 2026 Münchner Management Kolloquium Award of Excellence for an aluminum sheet produced entirely from end‑of‑life vehicle scrap, targeting exterior car‑body applications. The award highlights the technical feasibility of car‑to‑car recycling and the company’s push toward a...
Needs Assessment Surveys for Minnesota EPR Law Underway
The Minnesota Pollution Control Agency (MPCA) has begun a series of five needs‑assessment surveys to support the state’s Packaging Waste and Cost Reduction Act, its extended producer responsibility (EPR) law for packaging, food packaging and paper products. The surveys target...
Mitsubishi Logisnext Americas to Rebrand as Logisnext Americas
Mitsubishi Logisnext Americas Inc. will rebrand to Logisnext Americas, with the change taking effect on April 30, 2026. The move aligns the U.S. operation with Mitsubishi Logisnext’s Vision 2035, a long‑term strategy to unify its global material‑handling brands. As part of...
Volvo Says Loader Updates Improve Efficiency
Volvo Construction Equipment unveiled a suite of safety and productivity upgrades for its entire wheel‑loader lineup at ConExpo‑Con/Agg. The large L350 now uses a D17 engine delivering up to 5% better fuel efficiency and Smart Control integration, while the midsize...
Indicators Point to Hiccups in Steel Demand Momentum
U.S. steel production slipped in early March, falling 26,000 tons as weekly output dropped from 1.817 million to 1.791 million tons. The slowdown mirrors weak construction employment, which shed 11,000 jobs in February and posted a 6.9% unemployment rate, and a modest...
New York Receives $2.36M Investment in Waste Tire Reuse, Recycling
Empire State Development is allocating $2.36 million to six research projects aimed at reusing, retreading and recycling New York’s end‑of‑life tires. The investment includes $1.4 million of state funds through the NYS Waste Tire Program, which Remade Institute will manage. Projects span physics‑based...
Recovered Paper Prices Show Signs of Rebound
Fastmarkets reported early‑March price increases of $1‑$5 per ton for old corrugated containers (OCC) across parts of the United States, marking a reversal of the 2025 downward trend. The rebound, driven by seasonal generation slowdowns and winter‑related transportation challenges, prompted...
Former Alabama Steel Mill Site Could Host Auto Components Plant
Taiwan‑based Minth Group Ltd. announced a $430 million investment to build its largest U.S. campus on a 400‑acre former steel mill in Gadsden, Alabama. The plant will span nearly one million square feet and produce high‑quality plastic and aluminum automotive components...
DEScycle, Mitsubishi Corp. Form Strategic Partnership
DEScycle, a London‑based metals‑processing developer, has sealed a strategic partnership with Japan’s Mitsubishi Corp., building on Mitsubishi’s 2025 investment. The two firms will act as preferred partners in Japan to commercialize DEScycle’s ionometallurgy platform for recovering critical metals from e‑scrap....
Environmental Groups Urge Indonesia to Return E-Scrap Shipments
Environmental groups including the Basel Action Network, Nexus3 Foundation and Ecoton have sent an open letter to Indonesian President Prabowo Subianto urging the return of 914 containers of suspected illegal electronic waste seized at Batam’s Batu Ampar Port. The letter...
Foodservice Packaging Institute Opens Applications for 2026 Foam Recycling Grant Program
The Foodservice Packaging Institute (FPI) has opened applications for its 2026 Foam Recycling Grant program, offering up to $50,000 to eligible material recovery facilities, curbside programs, and drop‑off sites. Since the program’s launch, more than 15 million residents have gained access...
Arconic Expands in Iowa
Arconic Corp. announced a $175 million expansion of its Davenport Works casthouse in Iowa, dubbed Pit 10. The project will boost aluminum ingot casting capacity, increase scrap utilization, and improve energy efficiency. It is expected to create 40 new jobs and become...
Charter Next Generation Joins US Flexible Film Initiative
Charter Next Generation (CNG), a Chicago‑based sustainable material science firm, has become an associate member of the US Flexible Film Initiative (USFFI). The partnership positions CNG to share its expertise in sustainable film design and to help expand domestic markets...
Vecoplan to Present Modular Solutions at IFAT 2026
German recycler equipment maker Vecoplan will launch its VES 3300 e‑mobile shredder at the IFAT trade fair in Munich (May 4‑7). The mobile unit features plug‑and‑play drive technology, allowing immediate operation without installation. Vecoplan will also showcase its VAZ 1700 shredder, a...
Greenwave Raises Revenue but Loses Money in Q2 2025
Greenwave Technology Solutions reported a 39% quarter‑on‑quarter revenue increase in Q2 2025, yet posted a $4.9 million loss attributable to shareholders, slightly better than the $7.3 million loss a year earlier. Payroll and depreciation expenses surged by roughly 50% and 40% respectively, while...
Recycled Steel Prices Hold Steady
Recycled steel prices in the United States have remained near the high end of this decade's range as March buying begins, buoyed by strong demand from electric‑arc‑furnace (EAF) mills and steady export orders. Weather disruptions in February and lingering freight...
Umicore Finishes 2025 with Increased Earnings
Umicore posted higher earnings for 2025, driven by robust performance in its precious‑metals and battery‑materials recycling businesses. The company emphasized that a proactive hedging program shielded profit margins from sharp precious‑metal price swings. Revenue growth was underpinned by expanding volumes...
Indonesian Policy Could Affect Stainless Scrap Prices
Indonesia has intensified its crackdown on low‑grade nickel‑bearing materials, effectively limiting exports of raw nickel ore. The move forces domestic processors to shift toward higher‑value downstream products and encourages steelmakers to source more recycled stainless steel. As a result, demand...