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Scrap Metal

NEWS
March 2, 2003 | Craig Fagan, Associated Press Writer
The century-old Spanish Club stands on one of the capital's busiest avenues, but its bronze balconies were too tempting: Thieves came in the night and stripped away 660 pounds of ornate railings gracing the belle epoque mansion. The audacious theft was just one of thousands by bandits who feed a flourishing black market in the resale of metals stolen or scavenged from the streets.
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BUSINESS
March 9, 2014 | By Marc Lifsher
SACRAMENTO - California lawmakers for years have been battling ravenous metal thieves, who pull copper wires out of street lights, grab rebar from construction sites, and steal pumps and other costly equipment from farmers' fields. Now, a bipartisan group of legislators led by Assemblyman Brian Nestande (R-Palm Desert), is trying to put more manpower and money into the fight. Nestande's bill, AB 2313, would create a metal theft task force within the attorney general's office that would provide grants to local police and prosecutors.
CALIFORNIA | LOCAL
December 27, 2008 | Louis Sahagun
On a cold, wet morning at Atlas Iron and Metal yard south of downtown, scrap peddler Charlie Anderson was not happy about the cash he was handed in exchange for a truckload of junk. "Oh man, it took a week to collect this stuff," Anderson, 75, groused to his associate, Sunny Miles, also 75. "All we get for it is $17. After $10 for gas, that leaves us with $3.50 each." Atlas owner Gary Weisenberg sympathized with his customers.
BUSINESS
May 30, 1996 | SHERRI BURI, ASSOCIATED PRESS
The heaps of steel wheels, rusty nails and dented appliances at Schnitzer Steel's scrap yard along Highway 99 in west Eugene look like a bunch of junk. But that junk is worth millions of dollars. The Eugene operation generated about $16 million in revenue in the fiscal year ended last Aug. 31. Bankrolled by its initial public offering in 1993 and a subsequent offering last month, Schnitzer has renovated its facilities, including the Eugene site, and is looking for new acquisitions.
BUSINESS
May 9, 2006 | David Colker, Times Staff Writer
The auction regulars arrive early in the morning, prepared for a day of bidding mostly on stuff they cannot see. Some carry cups of coffee. One woman snuggles her pet Chihuahua under her coat. Today could be the day they find treasure. Bidders have been known to snag diamonds. Rolex watches. Even the diaries of Paris Hilton. But this is far from the rarefied formalities of Sotheby's or Christie's.
WORLD
December 5, 2013 | By Tracy Wilkinson
MEXICO CITY -- Authorities sought at least two thieves on Thursday who had seized a truck with radioactive material in central Mexico, while a family who found and took home the exposed stolen container was under medical observation, officials said. The truck was hijacked Monday by gunmen who intercepted it north of Mexico City. It was transporting a large amount of highly active cobalt-60, a radioactive substance used in the treatment of cancer, from a hospital in Tijuana to a nuclear waste storage dump near the capital.
NEWS
October 1, 2001 | SUE FOX, TIMES STAFF WRITER
A million tons of radioactive scrap metal may find a new shelf-life in products ranging from soup cans and wristwatches to automobiles and artificial hips. It would be a mammoth recycling project for a legacy of the Nuclear Age. Under a proposal being considered by the Bush administration, the federal government is seeking new uses for lightly contaminated metal as it cleans up its obsolete weapon plants and research labs.
BUSINESS
July 5, 2007 | From the Associated Press
Tap it, don't scrap it. With metal prices rising, beer makers say they expect to lose hundreds of thousands of kegs worth millions of dollars this year as those stainless steel holders of brew are stolen and sold for scrap. The brewing industry is coupling with the scrap metal recycling industry to let metal buyers know they can't accept kegs unless they are sold by the breweries that own them.
NEWS
February 24, 2008 | Joerg Aberger, Associated Press
There's something big and metallic 60 feet below the ground in this town near the Czech border. Whether it's the fabled Russian Amber Room, gold or even scrap metal isn't known. But treasure hunter Christian Hanisch hopes to snake a camera into an underground cavern to prove he has discovered Nazi plunder buried in the final weeks of World War II. "I am sure that there is gold or silver down there," said Hanisch, who hopes to begin drilling within days. Hanisch was led to the spot on the fringes of Deutschkatharinenberg, about 100 yards from the Czech Republic, by a set of coordinates he found in a notebook belonging to his father, a former Luftwaffe radio operator who died last year.
NEWS
November 26, 1988 | JAMES F. SMITH, Times Staff Writer
In a series of raids this month, Argentine authorities have discovered clandestine arsenals containing hundreds of tons of bullets, artillery shells and other ammunition. The judge handling the case has assured the public that it appears to be merely a matter of corruption and not part of a plot by right-wing extremists to undo the democratic government. The ammunition, along with miles of stolen public telephone wire, apparently was to be melted down for its copper.
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