Steel Products

AIM Acquires Canadian Recycler Fern Piche & Sons
Written by David Schollaert
December 16, 2021
American Iron & Metal (AIM) has purchased Fern Piche & Sons Ltd., a metal recycler based in North Bay, Ontario, a company spokesperson confirmed to Steel Market Update.
Although the details of the strategic acquisition were not disclosed, Montreal, Québec-based AIM completed the deal on Dec. 1, extending its regional reach and adding to its worldwide capacity.
Fern Piche & Sons operates a sole yard in North Bay, where it has been in business for more than 40 years, providing services such as scrap collection, scrap pickup, scrap metal removal and on-site crushing, according to its website.
AIM is a global leader in the recovery and recycling of scrap metal and one of the most sophisticated metal recyclers in North America. At its more than 90 sites worldwide, AIM collects, weighs, sorts, conditions, and recycles scrap metals including iron, steel, copper, aluminum, stainless steel and various alloys.
By David Schollaert, David@SteelMarketUpdate.com
David Schollaert
Read more from David SchollaertLatest in Steel Products
US and Canadian rig counts inch higher
Baker Hughes reported higher oil and gas drilling activity this week in both the US and Canada.
Global steel production falls to near two-year low in September
World crude steel output declined for the fourth-consecutive month in September, slipping 3% from August to an estimated 141.8 million metric tons (mt), according to the latest figures from the World Steel Association (worldsteel).
Market sources say regional activity is dictating plate demand
Demand for plate on the spot market remains soft by comparison to years past. However, this week regional demand variations grew more pronounced.
Battery #14 at USS Clairton to restart on Oct. 23
U.S. Steel plans to restart battery #14 at the Clairton Coke Works plant on Thursday, ending its idling period. Battery #14 was hot idled following the explosion at coke oven batteries 13 and 14 on Aug. 11. The Mon Valley Works Clairton plant has completed the necessary repairs. It expects the battery to restart during […]
Findings from Clairton investigations prompt USS to revise safety protocols
U.S. Steel (USS) said it’s been strengthening its safety protocols as findings from investigations into the causes of a deadly explosion at USS Clairton Coke Works on Aug. 11 materialize. The Pittsburgh, Pa.-headquartered steel producer stated that an independent investigation conducted by the Environmental Design & Testing Corp (EDT) produced findings aligned with the company’s […]
