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• Non Ferrous Mirror: A New Year wish for good and stable business
  Non-Ferrous Metals Division world-wide monthly market updateby Robert Stein,President of the BIR Non-Ferrous Metals Division,Alter Trading (USA)A New Year wish for good and stable businessAs speculative interests' activity in the metals markets declines, we are once again faced with metals prices more relevant to the fundamental side of the market. Given current economic news from around the world, this doesn't bode well for the near term, both in terms of price and scrap availability.Dependent...
• World Mirror on Recovered Paper January now available on the Members Only pages.
  As of January 2009See the complete quarterly world wide market update in the members only section.
• BIR welcomes Russia’s abolishment of VAT and import tax on steel scrap
   Bureau of International RecyclingTheworld federation of recycling industries BIR welcomes Russia’sabolishment of VAT and import tax on steel scrapTheBureau of International Recycling welcomes the fact that the Russiangovernment has recently suspended import duties on ferrous scrap, whichformerly were of 5%, for a period of 9 months.Also,the Russian Duma has cancelled VAT on operations with steel scrapto prevent fraud, which market participants believe to be a healthymeasure forthe domestic...
• Non Ferrous Mirror: Gravity defied no longer
  Non-Ferrous Metals Division world-wide monthly market updateby Robert Stein,President of the BIR Non-Ferrous Metals Division,Alter Trading (USA)Gravity defied no longerNon-ferrous metals values seemed to have defied logic and gravity far longer than they probably should have. In line with the rapidly-spreading economic crises that now engulf most of the world, metals prices have declined with unprecedented rapidity, creating panic and commercial disappointment as buyers around the world face mou...
• BIR officially calls upon EU Commission to bring contract breaches to a halt
   PRESS RELEASEFOR IMMEDIATE RELEASEBrussels,7 November 2008BIRofficially calls upon EU Commissiontobring contract breaches to a haltToday,the Bureau of International Recycling has sent an official letter toEU Commissioners Günter Verheugen (Enterprise and Industry) andCatherine Ashton (Trade) to express serious concern regarding thecommercial behaviour of many buyers of secondary raw materials in theEU and in other countries worldwide.Asa result of the current financial and economic turmoil th...
• Plastics Committee/Tyres Committee: Spotlight on Carbon Credits and REACh
   PRESS RELEASEFOR IMMEDIATE RELEASEBrussels,7 November 2008BIRAutumn Round-Table SessionsDüsseldorf,30-31 October 2008 PlasticsCommittee/Tyres Committee:Spotlighton Carbon Credits and REAChAtthe first-ever joint Round-Table meeting of BIR’s Plastics andTyres Committees, a succession of market reports served to confirmthe view of BIR Plastics Committee Chairman Surendra Borad that themarket is “in turmoil”.Accordingto Peter Daalder of Daly Plastics BV in the Netherlands, buyers inAsia ar...
• Paper Division: BIR ‘Papyrus Award’ for French company Emin Leydier
  PRESS RELEASEFOR IMMEDIATE RELEASEBrussels,6 November 2008BIRAutumn Round-Table SessionsDüsseldorf,30-31 October 2008PaperDivision:BIR‘Papyrus Award’ for French company Emin LeydierRecentweeks have been “some of the most challenging in our lifetimes”,the BIR Paper Division meeting in Düsseldorf was told by itsPresident, Ranjit Baxi of J & H Sales International in the UK.Priceshave weakened sharply, trade has slowed dramatically, lines of credithave tightened and some buyers have be...
• World Mirror on Recovered Paper October now available on the Members Only pages.
  As of October 2008See the complete quarterly world wide market update in the members only section.
• Textiles Division: Markets disturbed through disrespect of contractual agreements
   PRESS RELEASEFOR IMMEDIATE RELEASEBrussels,5 November 2008BIRAutumn Round-Table SessionsDüsseldorf,30-31 October 2008 TextilesDivision:Marketsdisturbed through disrespect of contractual agreementsAsin many of the other commodity sessions in Düsseldorf, failures tocomply with contractual agreements were highlighted at the BIRTextiles Round-Table. Honorary President Klaus Löwer ofGermany-based Hans Löwer Recycling GmbH insisted: “People need toadhere to contracts. Compromises must be foun...
• Ferrous Division: Disturbing market conditions and dramatic price cuts
  PRESS RELEASEFOR IMMEDIATE RELEASEBrussels,5 November 2008BIRAutumn Round-Table SessionsDüsseldorf,30-31 October 2008FerrousDivision:Disturbingmarket conditions and dramatic price cutsAtthis year’s BIR Spring Convention in Monte-Carlo, there had beenevidence of optimism and even bullishness, according to FerrousDivision President Christian Rubach of Interseroh Hansa RecyclingGmbH of Germany. Nobody had anticipated the subsequent scrap pricefalls of “up to 80%” since the middle of the year...