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20.09.26 - 20:27
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Stolen $586,000 Copper Shipment Found Hours Later At Kentucky Warehouse (ZeroHedge)
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Stolen $586,000 Copper Shipment Found Hours Later At Kentucky Warehouse
A load of copper worth nearly $600,000 was recovered on Sept. 11 after investigators followed a trail from Illinois to Kentucky and Ohio, wrapping up the initial search only about eight hours after the theft was reported, according to Yahoo News.
The case began when a shipment scheduled to travel from DeKalb, Illinois, to Rock Hill, South Carolina, never made it toward its intended destination. Authorities believe whoever collected the freight had presented themselves as an established trucking company, using genuine business information to make the pickup appear legitimate.
The breakthrough came from location data tied to Schneider National equipment involved in the haul. Rather than heading southeast toward South Carolina, the freight was traced to Prestonsburg, Kentucky, where police found the entire six-pallet copper shipment inside a warehouse. Three people were detained in Kentucky.
Photo: FreightWaves/Yahoo News
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18.09.26 - 02:36
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Housing slump and plant builds diverge as Tung Ho Steel sees AI demand support (Digitimes)
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Electric-arc furnace steelmaker Tung Ho Steel said Taiwan's real-estate slowdown has dragged down rebar orders in 2026, while high-tech investment and plant construction have strongly supported its section steel and steel structure business. General manager Bing-Hua Huang said rebar shipments and order intake have both slowed since the start of 2026 amid housing policy headwinds. From January to August 2026, order intake fell 23% year-over-year, while orders on hand slipped from 1.2 million tonnes to 1.15 million tonnes, leaving rebar order visibility at 10 months....
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18.09.26 - 01:18
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Find a credible plan for British Steel, ministers told as ′startling′ costs soar (The Guardian)
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Government spending watchdog warns of price of keeping publicly owned firm in businessLabour has been urged to lay out a credible plan for the future of British Steel, as the government spending watchdog warned of the “startling” costs of keeping the struggling manufacturer in business with no end in sight.British Steel was taken into public ownership in July to protect “the future of steel production”, 15 months after the government stepped in to prevent the closure of its steelworks in Scunthorpe and the loss of 4,000 jobs. Continue reading......
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