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Blast shakes metals markets. (Scrap Industry News).


The terrorist attacks that sent two airplanes into the World Trade Center have claimed the lives of more than 6,000 people. Among the victims were traders, brokers, exporters and others involved in the trading of secondary commodities.

Among the tenants of the twin WTC WTC World Trade Center, see there  towers were Carr Futures, a commodities brokerage firm and member of the Institute of Scrap Recycling Industries Inc. (ISRI ISRI Institute of Scrap Recycling Industries
ISRI Institute for Software Research, International (Carnegie Mellon University)
ISRI Information Science Research Institute
ISRI Intelligent Systems Research Institute
) and an associate member of the London Metal Exchange London Metal Exchange (LME)

A market for trading base metals, where traded options contracts are available against the underlying futures contract.
. The company's office was located on the 92nd floor of One World Trade Center.

Two weeks after the September 11 attack, about 70 employees of Carr Futures were unaccounted for and presumed dead. Roughly half of the staff of more than 140 employees was not in the office on the morning of the 11th.

Frenkel & Co. Inc. was another World Trade Center tenant and ISRI member. The business insurance company did not lose any employees in the disaster, according to a note published on the company's Web site. It relocated operations to office space in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and New Jersey.

The operations of the New York Mercantile Exchange New York Mercantile Exchange (NYMEX)

The world's largest physical commodity futures exchange.
 (NYMEX See New York Mercantile Exchange.

NYMEX

See New York Mercantile Exchange (NYM).
), another ISRI member, were disrupted for several days by the widespread damage caused by the attack. NYMEX trading was suspended for several days after the attack. The company's home at the World Financial Center in lower Manhattan is near the World Trade Center complex.

Robin Wiener, president of ISRI, lost a brother in the Sept. 11 tragedy at the Trade Center. A memorial service has been held in New York for her brother Jeff Wiener.

Companies with heavy equipment, including scrap recycling companies and demolition contractors, began arriving on the scene by Tuesday afternoon.

More coverage of the efforts of demolition and equipment companies at the clean-up site can be found in the C&D News department on page 15.
COPYRIGHT 2001 G.I.E. Media, Inc.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:terrorist attacks on World Trade CEnter
Comment:Blast shakes metals markets. (Scrap Industry News).(terrorist attacks on World Trade CEnter)
Publication:Recycling Today
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2001
Words:302
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