Ferrous Scrap

DJJ subsidiary opens recycling facility in Florida
Written by Stephanie Ritenbaugh
November 21, 2024
Trademark Metals Recycling opened an advanced metal recovery facility in Bushnell, Fla.
The 100,000-square-foot facility encompassing several buildings will use the latest recycling technology to produce raw materials that will re-enter the supply chain, the company said.
About $150 million was invested in the project, not including the land purchase, Trademark said. The facility employs 67 staff members across two shifts.
“We are very fortunate to have a partner such as TMR investing in our community,” said Sumter County Vice Chairman Jeffrey Bogue. “The technology that TMR is bringing to this community will create long-term high-paying jobs while providing for sustainability in the recycling industry.”
Trademark Metals Recycling LLC is a wholly owned subsidiary of The David J. Joseph Company, (DJJ), one of the largest scrap brokers/processors in the country. DJJ is part of Charlotte, N.C.-based steelmaker Nucor Corp.

Stephanie Ritenbaugh
Read more from Stephanie RitenbaughLatest in Ferrous Scrap

August scrap outlook hazy on potential tariff impact
Divergent opinions emerge on August's scrap outlook.

CRU: Turkish scrap prices remain flat
Turkish scrap prices were unchanged week over week (w/w), with HMS and Shredded grades assessed at $340 and $355 per metric ton (mt) CFR, respectively.

Miller on Scrap: New US tariffs set to stir up scrap, pig iron markets
President Trump's threatened tariffs on Brazil, USMCA partners, and Europe could shake up the scrap and pig iron markets in August.

Toyota Tsusho completes buy of Radius Recycling
Japan’s Toyota Tsusho Corp. has completed its previously announced acquisition of Radius Recycling.

US scrap tags sideways, but will tariffs on Brazil lift prices in August?
Ferrous scrap prices are flat in the US for a second consecutive month, but tariffs on imports of Brazilian pig iron could change the game in August.