The North American copper scrap prices held steady on ScrapMonster Price Index as on June 22nd, Thursday. Aluminum and Steel scrap prices remained unchanged. Stainless Steel scrap, Brass scrap and Bronze scrap prices too recorded no variation over the previous day.
The price of Alternator scrap remained unchanged over the previous day.
The prices of Scrap Electric Motors, Sealed units, Starters and Xmas Lights maintained previous day price levels.
Meantime, prices of 5052 Scrap and 6061 Extrusions remained flat at $0.60 per Lb and $0.58 per Lb respectively.
304 SS Solid prices remained unchanged at $0.47 per Lb over the previous day.
310 SS and 330 SS prices saw no variation in prices on a daily basis.
70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap and Brass Radiator scrap prices reported no change in prices on June 22, 2017.
Brass Radiator /Fe and Brass Radiator Ends prices maintained the previous day price levels.
Copper demand will be substantially impacted by the growing market for electric vehicles (EVs) over the next decade, according to new research commissioned by the International Copper Association (ICA). The study, titled Copper Intensity in the Electrification of Transport and the Integration of Energy Storage, was conducted by IDTechEx. It provides new details on the important role copper plays in EV technology.
Each type of EV uses considerably more copper than traditional vehicles with internal combustion engines. Copper usage for each vehicle type is listed below:
Internal combustion engine: 23 kg of copper.
Hybrid electric vehicle (HEV): 40 kg of copper.
Plug-in hybrid electric vehicle (PHEV): 60 kg of copper.
Battery electric vehicle (BEV): 83 kg of copper.
Hybrid electric bus (Ebus HEV): 89 kg of copper.
Battery-powered electric bus (Ebus BEV): 224–369 kg of copper (depending on the size of the battery).
BIR (Bureau of International Recycling) Committee Begins Work on E-scrap Study
During the meeting of the Brussels-based Bureau of International Recycling (BIR) E-Scrap Committee 24 May 2017 in Hong Kong, it was revealed that work had begun on the BIR E-Scrap Committee’s meta study of available information relating to global e-scrap generation and flows.
About BIR (Bureau of International Recycling)
The Bureau of International Recycling is a global recycling industry association representing more than 700 companies from the private sector and 40 national trade federations from 70 different countries.
Founded in 1948, BIR was the first federation to support the interests of the recycling industry on an international scale. Today, BIR represents over 760 member companies from the private sector and 36 national associations in more than 70 countries. Together, these members form the largest international recycling federation.
The federation provides a dynamic forum for its members to share their knowledge and experience. It serves as a platform to establish successful business relations and to promote recycling among other industrial sectors and policy makers.
BIR is a non-profit organisation under Belgian law. Their statutes (Articles of Association) and Internal Regulations (including Guidelines for Chairpersons) were revised and approved in April 2016. The registered office is currently headquartered in Brussels, Belgium.
The World Steel Association (worldsteel) has published the 2017 edition of World Steel in Figures. The publication provides a comprehensive overview of steel industry activities, stretching from crude steel production to apparent steel use, from indications of global steel trade flows to iron ore production and trade.
Edwin Basson, Director General of worldsteel, said, “This year we are celebrating our 50th anniversary. Much has changed in 50 years – back in 1967, the world produced just less than 500 million tonnes of steel. In 2016, the world produced just over 1,600 million tonnes. Most of the growth came from new industrialising nations – Brazil, China, India, Iran and Mexico.
About The World Steel Association
The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel members represent approximately 85% of the world’s steel production, including over 160 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes.
The Institute of Scrap Recycling Industries (ISRI), the Voice of the Recycling Industry™, released new, independent data today highlighting the important role scrap commodities play in U.S. recyclers in international markets, but strengthen our economy here at home.” The data shows that approximately 26.36 percent of the scrap materials processed in the United States are exported to other countries for manufacture into new products. The data was included as part of a study conducted to determine the size and scope of the scrap industry in the United States, and document its significant contribution to the economy in terms of employment, tax generation, and overall economic benefit.
Fatalities caused by falls from elevation continue to be a leading cause of death for construction employees, accounting for 350 of the 937 construction fatalities recorded in 2015 (BLS data). Those deaths were preventable. The National Fall Prevention Stand-Down raises fall hazard awareness across the country in an effort to stop fall fatalities and injuries. Continue reading →
TORONTO (Scrap Monster): The North American copper scrap prices climbed higher marginally on ScrapMonster Price Index as on May 1st, Monday.
The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing rose by $0.02 per Lb. #2 Copper Wire and Tubing prices were also up by $0.02 per Lb. The price of #1 Copper Bare Bright went higher by $ 0.02 per Lb.
The prices of #1 Insulated Copper Wire 85% Recovery remained unchanged over the previous day. #2 Insulated Copper Wire 50% Recovery prices remained flat on Index. #3 Copper-Light copper prices went higher by $0.02 per Lb to touch $2.16 per Lb. Continue reading →
In its recently released 2016 annual report, titled “How do You Create Impact3,” The Recycling Partnership, Falls Church, Virginia, highlights the benefits of its work, focusing on year-on-year growth, systems solutions across the supply chain and the multiplier effect that new infrastructure delivers. Through partnership, we are doing things that individually we never thought possible.” According to The Recycling Partnership’s 2016 annual report, the organization has: • assisted more than 250 local communities and improved recycling for 19 million households.
American Recycler News Equipment Spotlight: Moley MagStar generators
Moley Magnetics is a manufacturer of scrap yard magnets, shears, grapples and magnet controllers/generators. “I think most would agree that magnets are a crucial part of most ferrous recycling operations and as such the purchase and maintenance of magnets is a major focus. However, magnets aren’t a viable tool without a proper generator and controller,” Ron Slaby, vice president of sales, stated.
So, what does one look for from a generator and magnet controller? “In the past, they have been large, expensive, hard to maintain and offered little versatility. Moley Magnetics offers a solution to these issues. Our MagStar hydraulic or diesel generator is the latest development in low cost, modular controllers that offer the owner variable magnet operation programs – as well as built-in fault identification and an operational log,” Slaby said. Continue reading →