SCRAP METAL

BY MONICA DOBIETHIEVES looking to cash in on the current high prices of industrial scrap non-ferrous metals have stolen more than CDN$2 million (US$1.49 million) worth of nickel and aluminium in Montreal Canada. Several thousand kilograms of nickel cathodes and roughly 3.6 tonnes of aluminium were carted off in separate night raids in what police have identified as "professional heists". "There is big money to be made from scrap metal these days. Prices are extremely high," said Richard Briggs, vice-president of Refco, a Montreal firm that specialises in metals ...


Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.