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Non Ferrous Mirror: No availability, no demand
Non-Ferrous Metals Division world-wide monthly market updateby Robert Stein,President of the BIR Non-Ferrous Metals Division,Alter Trading (USA)No availability, no demandEconomic realities continue to have a serious and negative effect on our business, with most consumers and processors reporting stagnant conditions just about everywhere in the world.Hardest hit seems to be the secondary aluminum sector, usually the first to suffer in declining economies, and this go-round is no different. Credi... -
Non Ferrous Mirror: Demand out pacing supply
Non-Ferrous Metals Division world-wide monthly market updateby Robert Stein,President of the BIR Non-Ferrous Metals Division,Alter Trading (USA)Demand out pacing supplyNon-ferrous scrap markets are challenged by an almost universal lack of supply as industrial output and prices continue to decline. Demand clearly outpaces supply despite a continuing decrease in sales of the goods our consumers produce. There are simply too few pounds being sought by too many buyers.On one front, there appears to... -
Dubai Programme now available!
Dubai Programmenow available!Dear BIR Member,We arehappy to announce that the programme for our upcoming WorldRecycling Convention andExhibition in Dubai( 24-27 May 2009)is ready and in the process of being sent to BIRmembership. Thespecial Dubaimini-website (accessible via the BIRhomepage www.bir.org)as well as onlineregistration facilities will be functional within the coming days.Since we have received a vastamount of registration inquiries, bothfrom our members and from observers, we anticip... -
BIR Textiles World Mirror January available
The new BIR Textiles World Mirror authored by Olaf Rintsch, (TEXTIL RECYCLING K & A. WENKHAUS GmbH), is available on the members only pages. -
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. -
AQSIQ update – 178 companies receive 2008 AQSIQ licence
On 16 December, AQSIQ issued notice nr. 130 indicating the list of companies that have received the 2008 AQSIQ licence. The full list can be found on the BIR Members Only pages -
Non Ferrous Mirror: An expensive education
Non-Ferrous Metals Division world-wide monthly market updateby Robert Stein,President of the BIR Non-Ferrous Metals Division,Alter Trading (USA)An expensive educationGiven recent circumstances in our industry, and the fact that I have just returned from China, I want to share with you a few thoughts on what's occurred and what the future might bring.Contract cancellations and renegotiations are by no means unique to China. The same has happened in other parts of the world: Europe, the USA, South... -
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...
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