Comments on: Hot Metals: The New Crime http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/ Sourcing & Trading Intelligence for Global Metals Markets Sun, 20 May 2012 19:02:00 +0200 hourly 1 http://wordpress.org/?v=3.3.2 By: Daniel http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/comment-page-1/#comment-39 Daniel Sun, 20 Jan 2008 04:29:51 +0000 http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/#comment-39 In Tokyo, the statue of the loyal dog Hachi was stolen for its metal content. I currently live in Saigon and haven't heard any stories about such theft...but I imagine that every single bit of scrap with a dollar value on it is separated out and brought to a dealer (much the same as China). Anyway, I think it's interesting enough that Minnesota had a 7 foot statue of Buddha let alone that it was stolen. I've often thought that churches should be selling this stuff off anyway, as well as most of their much-appreciated real estate in cities around the world. Liquidate, consolidate, and invest in those who the religious at least profess to care about would be my strategy. But then I am not religious... In Tokyo, the statue of the loyal dog Hachi was stolen for its metal content.

I currently live in Saigon and haven’t heard any stories about such theft…but I imagine that every single bit of scrap with a dollar value on it is separated out and brought to a dealer (much the same as China).

Anyway, I think it’s interesting enough that Minnesota had a 7 foot statue of Buddha let alone that it was stolen.

I’ve often thought that churches should be selling this stuff off anyway, as well as most of their much-appreciated real estate in cities around the world. Liquidate, consolidate, and invest in those who the religious at least profess to care about would be my strategy. But then I am not religious…

]]> By: All Roads Lead to China http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/comment-page-1/#comment-37 All Roads Lead to China Sat, 19 Jan 2008 04:47:04 +0000 http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/#comment-37 I am not sure how common it is. Metal has value in China, and there is a very liquid market for scrap. On one hand that is good because recycling rates are near 100% of all metals. But, that also makes 2 tons of AL moving from one factory to another tempting to a driver when he is getting ready for Chinese New Year... R www.allroadsleadtochina.com I am not sure how common it is. Metal has value in China, and there is a very liquid market for scrap. On one hand that is good because recycling rates are near 100% of all metals.

But, that also makes 2 tons of AL moving from one factory to another tempting to a driver when he is getting ready for Chinese New Year…

R
http://www.allroadsleadtochina.com

]]> By: admin http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/comment-page-1/#comment-36 admin Fri, 18 Jan 2008 19:59:34 +0000 http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/#comment-36 Out of curiosity, is this a common problem in China as well? I have seen a couple of stories from Taiwan but it would be interesting to know. LAR Out of curiosity, is this a common problem in China as well? I have seen a couple of stories from Taiwan but it would be interesting to know. LAR

]]> By: All Roads Lead to China http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/comment-page-1/#comment-34 All Roads Lead to China Fri, 18 Jan 2008 08:19:21 +0000 http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/#comment-34 This is something I have been keeping up with for a while. Besides losing a shipment of metal myself, I have also seen stories about football stadium lighting being completely removed and metro lighting being stripped as well. r www.allroadsleadtochina.com This is something I have been keeping up with for a while. Besides losing a shipment of metal myself, I have also seen stories about football stadium lighting being completely removed and metro lighting being stripped as well.

r
http://www.allroadsleadtochina.com

]]> By: admin http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/comment-page-1/#comment-33 admin Thu, 17 Jan 2008 17:02:49 +0000 http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/#comment-33 Thanks Amy! I think it would be interesting to see what the scrap dealers have to say about this...LAR Thanks Amy! I think it would be interesting to see what the scrap dealers have to say about this…LAR

]]> By: Amy http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/comment-page-1/#comment-32 Amy Thu, 17 Jan 2008 15:22:47 +0000 http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/#comment-32 There's a fascinating article on the scrap metal industry in the Jan. 14 New Yorker (pages 46-59). It also mentions several metals thefts -- everything from bronze theft from statutes to lead theft from church roofs. In Minnesota, a seven-foot bronze statue of Buddha was stolen from a temple shrine. And in Ukraine, even a 36 foot metal bridge was stolen directly from a river in 2004! Hot metals seem to be quite the -- ahem -- hot topic. Another recent article directly dealing with American thefts: http://www.usatoday.com/news/nation/2008-01-15-autocat_N.htm There’s a fascinating article on the scrap metal industry in the Jan. 14 New Yorker (pages 46-59). It also mentions several metals thefts — everything from bronze theft from statutes to lead theft from church roofs. In Minnesota, a seven-foot bronze statue of Buddha was stolen from a temple shrine. And in Ukraine, even a 36 foot metal bridge was stolen directly from a river in 2004!

Hot metals seem to be quite the — ahem — hot topic. Another recent article directly dealing with American thefts: http://www.usatoday.com/news/nation/2008-01-15-autocat_N.htm

]]> By: admin http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/comment-page-1/#comment-28 admin Tue, 15 Jan 2008 16:17:42 +0000 http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/#comment-28 Thanks for sharing! I'm afraid the issue is all too common nowadays...LAR Thanks for sharing! I’m afraid the issue is all too common nowadays…LAR

]]> By: Armin Auth http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/comment-page-1/#comment-27 Armin Auth Tue, 15 Jan 2008 12:32:15 +0000 http://agmetalminer.com/2008/01/15/hot-metals-the-new-crime/#comment-27 you know that early 2006 some 5 kilometers of railway tracks have been stolen in Germany? see in the Frankfurter (german only, unfortunately: <a href="http://www.faz.net/s/RubEC1ACFE1EE274C81BCD3621EF555C83C/Doc~E94B1D5A36BAF49738F58F41AB60E7B3F~ATpl~Ecommon~Scontent.html" rel="nofollow">FAZ on Metal theft</a> you know that early 2006 some 5 kilometers of railway tracks have been stolen in Germany?

see in the Frankfurter (german only, unfortunately:
FAZ on Metal theft

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