Bluefield Daily Telegraph, Bluefield, WV

Local News

January 9, 2009

Scrap metal prices decline...

... along with crime and illegal dump clean-ups

BLUEFIELD, Va. — After several months of experiencing declining prices, the metal market made some modest gains at the start of January, giving hope for a better new year to at least one local scrap metal dealer.

“We had an increase this month,” Kemper Powell, plant manager of Bluefield Iron & Metals on Furnace Street in Bluefield, Va., said. “It will likely be a long, long time before we see prices again like they were last summer, but it’s great that we have had a $20 to $25 increase per ton. We can see the light at the end of the tunnel.”

Powell said that the high prices for scrap metals last year, “helped clean up a lot of dump sites. So many of our scrappers are saying they’re having to go deeper into the woods to get at the scrap metal.”

Powell said that the prices for aluminum and stainless steel have not rebounded. “We were paying out .55 to .60 cents per pound of scrap aluminum, and now that’s down to .15 cents a pound,” Powell said. “Pop cans were selling for .60 cents a pound, but now, they’re down to .35 cents.”

Still, Powell said that scrap prices in general “are rebounding some,” but he said the prices have a long way to go to get back to where they were.

Sgt. D.W. Miller, co-commander of the Welch Detachment, West Virginia State Police, said that reports of the theft of copper in McDowell County have dropped in recent months. “We haven’t investigated any reports of copper theft for quite a while,” Miller said.

Phil Moye, an Appalachian Power Company spokesman also said that copper theft activity has decreased. “I do believe there is some correlation between the value of copper for scrap and the level of thefts,” Moye said. “That is very likely a temporary situation. We think the prices are down due to a fluctuation in the market.”

Text Only
Local News
  • new water treatment facility Officials break ground on new waste water facility

    Rain didn’t dampen enthusiasm Thursday when ground was broken for a wastewater plant that will double both the treatment capacity and opportunities for economic development in the Claypool Hill and Wardell communities.

    July 25, 2014 1 Photo

  • Absentee voting lagging

    Absentee balloting is off to a slow start in a closely-watched Southwest Virginia Senate race that will determine which political party controls the General Assembly.  
    Three candidates are vying to succeed former lawmaker Phillip Puckett, who resigned in June. A special election is set for Aug. 19. The candidates are Republican A. Benton “Ben” Chafin Jr. Democrat D.M. “Mike” Hymes and independent Rick A. Mullins.

    July 25, 2014

  • Civil complaint filed against GM alleging defects caused local woman’s death

    The estate of a young Mercer County woman and her unborn child have filed a civil complaint in Mercer County Circuit Court alleging that a defective ignition switch in the woman’s 2005 Chevy Cobalt led to her death as well as the death of her unborn child.
    Keisha Dawn Vest, 26, of Princeton, the wife of Jason Vest, and mother of a (then) 3-year-old son, was driving to Mt. Airy, N.C., on May 2, 2006, when the brakes on her vehicle failed. Mrs. Vest was working in Mt. Airy as an MRI technician. Without brakes, Mrs. Vest lost control of her vehicle and entered an intersection into the path of a tractor-trailer. She died as a result of the injuries she received in the wreck.

    July 25, 2014

  • ‘Overwhelming:’ Area fans supporting Saints trip to West Virginia

    The community response to the New Orleans Saints’ three-week visit to The Greenbrier for training camp can be described best in one word that Greenbrier owner Jim Justice, Saints general manager Mickey Loomis and Saints head coach Sean Payton all used Thursday when discussing the team’s first 24-plus hours in the Mountain State.
    “Overwhelming,” they all agreed.

    July 25, 2014

  • Police continue to search for suspects in local robberies

    Three robbery suspects remain at large in Mercer and Tazewell counties.

    July 25, 2014

  • Construction begins ... Ground broken on Tazewell County wastewater treatment plant

    July 24, 2014 1 Photo

  • Absentee balloting underway in closely watched 38th senatorial district contest

    July 24, 2014

  • Princeton man sues GM over wife’s crash death

    July 24, 2014

  • Press conference ... Son gets life for murders

     After pleading no contest in Tazewell County Circuit Court to charges of capitol murder-robbery, a Virginia man was sentenced to life in prison with no possibility of parole for the murder of his own parents.

    July 24, 2014 3 Photos

  • Search continues for suspect impersonating a police officer

    The deputy who is leading the investigation into last weekend’s incident involving an individual who made a traffic stop while impersonating a police officer said she has stepped up the search, and hopes to have a sketch artist work with the victim to get a description.

    July 24, 2014

National and World
Newspaper Deivery Routes Available
Sister Newspapers' News
Local News Videos