Ferrous Scrap Looks Upbeat
Ferrous Scrap Looks Upbeat
For ferrous market participants, the 2018 market outlook has been significantly more upbeat as compared to other commodities, due in part to the sector’s relatively limited dependence on Chinese ferrous scrap import demand, expectations for relief from subsidized steel imports, rising domestic steel output, improving business sentiment, and elevated price levels across the ferrous supply chain.
But the rapidly changing policy landscape has become a key driver for how the scrap industry, including the iron and steel scrap sector, will evolve going forward, impacting the industry’s on-going restructuring, trade flows, and investment in technology.
A tariff of at least 53 percent on all steel imports from 12 countries (Brazil, China, Costa Rica, Egypt, India, Malaysia, Republic of Korea, Russia, South Africa, Thailand, Turkey and Vietnam) with a quota by product on steel imports from all other countries equal to 100 percent of their 2017 exports to the United States, or 3.
Read entire article: http://www.recyclingproductnews.com/article/27886/ferrous-scrap-looking-relatively-healthy
E-Scrap Advances
E-Scrap Advances
The primary focus of CR3 is on key sectors of iron and steel, nonferrous structural metals, light metals, rare earths and photovoltaic metals, high-value refractory metals and electronic materials where technology development will address the product manufacturing byproducts, post-consumer scrap, instrumentation, sensors and controls, design for disassembly and conversion of trash to treasure. (more…)
Recycled Steel
The World Steel Association (worldsteel) has highlighted the recyclability features of steel. Although steel is the easiest material in the world to recycle, many people are not aware of steel recycling and its benefits.
According to worldsteel, the magnetic property of steel results in easier extraction and separation by shredder. This makes steel the easiest material to recycle. For instance, the scrapping of end-of-life vehicles generates huge quantities of steel scrap. The steel products could be recycled infinite number of times without loss of inherent properties. Moreover, recycling promotes closed material loop and sustainability practices. On top of all of the above, steel recycling is also a major job creator.
Global Recycling Day
Global Recycling Day
About Global Recycling Day
Global Recycling Day is an initiative of the Bureau of International Recycling (BIR).
BIR is the global federation of the recycling industry, representing the interests of the global industry.
One of BIR’s key objectives is to promote recycling globally – showcasing its benefits to industry, policy makers and the wider community.
Metal Prices Stay Flat
Metal Prices Stay Flat
The North American copper scrap prices remained flat on ScrapMonster Price Index as on March 2nd, Friday. Aluminum and Steel scrap prices saw no change on Index. Brass scrap and Bronze scrap too reported no variation in prices over the previous day. Stainless Steel Scrap prices too remained flat on Index.
ISRI 2017 Annual Report
The Institute of Scrap Recycling Industries (ISRI), Washington, has served its members for 30 years. In that time, few years have brought as much change as 2017 did, the association says. ISRI highlights the impact of these changes and the role the organization has played in helping the industry navigate the changing landscape in its 2017 Annual Report. (more…)
2018 Construction Boom
Top 10 Reasons for the 2018 Construction Boom
2018 is set to be the best year in the Construction industry since before the Financial Crisis of 2008.
Across numerous industries and sectors the stars certainly seem to be aligning to ensure that this year will be even better than last year in the Construction industry.
So what’s driving the Boom? We’ve compiled the 10 Reasons below that add up to a stellar year for the industry ahead.
Rush2Recycle
NFL announces zero waste plan for Super Bowl
The NFL, in partnership with PepsiCo, Aramark, U.S. Bank Stadium and the Minnesota Sports Facilities Authority, announced Rush2Recycle, a game plan to recover more than 90 percent-more than 40 tons-of stadium waste at Super Bowl LII on Feb. 4.
On game day, every chef, custodian and fan will be part of the team working to recover at least 90 percent of stadium waste by recycling bottles and cans; composting organic materials like food waste and serviceware; and repurposing items like discarded handbags, signage and construction materials through local community organizations. (more…)
44.7 million metric tons of electronic waste in 2016
The world produced 44.7 million metric tons of electronic waste in 2016, according to a new United Nations report.
Global e-waste ― discarded electronic and electrical goods such as cellphones, laptops, televisions, refrigerators and electrical toys – rose 8 percent from 2014 to 2016, according to the Global E-waste Monitor 2017 report, published on Wednesday.