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
June scrap market appears ‘soft sideways,’ pig iron down
An update on the ferrous scrap market.
Shoots of light in US ferrous scrap export mart?
A look at the latest developments in the ferrous scrap export market.
HRC vs. prime spread narrows further in May
The price spread between hot-rolled coil (HRC) and prime scrap narrowed again in May, according to SMU’s most recent pricing data.
US scrap tags tumble in May, bottom near?
Domestic scrap prices tumbled across the board in May, but will June prove a bottom for the market?
Domestic ferrous scrap market down as trading wraps up
The US ferrous scrap market for May shipment has basically settled, with the primes grades of #1 Busheling and bundles falling around $30 per gross ton (gt) from April levels. The obsolescent grades of HMS, shredded and plate and structural declined by $40/gt across several regions.