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BIR World Mirror on Stainless Steel and Special Alloys - May 2017
BIR World Mirror on Stainless Steel & Special Alloys - Issue May 2017 Strong trends turn negativeThe first quarter of 2017 brought strong crude stainless production in all key markets worldwide. Consequently, demand for stainless steel scrap was also strong and the underlying price levels attractive. This was supported by rising nickel prices and a significant increase in chrome prices. Unfortunately, this general trend ended in March and, additionally, chrome prices dropped at the beginning... -
Recent BIR World Recycling Convention & Exhibition in Hong Kong - Stainless Steel & Special Alloys Committee: Emergence of “multi-polar” scrap trading
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Recent BIR World Recycling Convention & Exhibition in Hong Kong - BIR Annual General Assembly and Keynote Session: Free and fair trade must remain “core principle”
Recent BIR World Recycling Convention & Exhibition in Hong Kong (22-24 May 2017) BIR Annual General Assembly and Keynote Session: Free and fair trade must remain “core principle” One of the main challenges currently facing the global recycling industry is “the increasing burden of legislative controls that does not help in the promotion of a smooth and efficient system of waste collection, segregation and transportation of recyclables,” BIR World President Ranjit Baxi of J&H Sale... -
Recent BIR World Recycling Convention & Exhibition in Hong Kong - Non-Ferrous Metals Division: China planning “very severe” scrap import approach
Recent BIR World Recycling Convention & Exhibition in Hong Kong (22-24 May 2017) Non-Ferrous Metals Division: China planning “very severe” scrap import approach China’s reform of its scrap import regime will have potentially far-reaching consequences for the non-ferrous metals sector, the latest divisional meeting was warned by Ma Hongchang, BIR’s advisor on the country’s policy and regulatory developments. It was even possible, he told delegates in Hong Kong on May 22, that the Ch... -
Recent BIR World Recycling Convention & Exhibition in Hong Kong - Stainless Steel & Special Alloys Committee: Emergence of “multi-polar” scrap trading
Recent BIR World Recycling Convention & Exhibition in Hong Kong (22-24 May 2017) Stainless Steel & Special Alloys Committee: Emergence of “multi-polar” scrap trading Improved prices at the start of 2017 had led to a healthy availability of stainless steel scrap - but “these positive conditions were not to last”. There had been a subsequent downward correction in nickel and stainless scrap values such that flows of the latter had slowed, explained Jonathan Bower of UK-based EL... -
Recent BIR World Recycling Convention & Exhibition in Hong Kong - Ferrous Division: Chinese steel scrap exports likely to be “temporary”
Recent BIR World Recycling Convention & Exhibition in Hong Kong (22-24 May 2017) Ferrous Division: Chinese steel scrap exports likely to be “temporary” The widespread closure of induction furnaces in China had helped to prompt flows of displaced steel scrap to India, Japan, South Korea and Taiwan - despite the country’s 40% export duty, it was reported to the BIR Ferrous Division meeting in Hong Kong on May 23 by board member Tom Bird of Liberty Steel in the UK. Divisional president Wi... -
Recent BIR World Recycling Convention & Exhibition in Hong Kong - Plastics Committee: “Panic” as China turns screw on plastic scrap imports
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Recent BIR World Recycling Convention & Exhibition in Hong Kong - Tyres & Rubber Committee: Attack on crumb rubber “an industry-wide issue”
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Recent BIR World Recycling Convention & Exhibition in Hong Kong - Plastics Committee: “Panic” as China turns screw on plastic scrap imports
Recent BIR World Recycling Convention & Exhibition in Hong Kong (22-24 May 2017) Plastics Committee: “Panic” as China turns screw on plastic scrap imports Taking the five- to 10-year view, it was possible that China would decide to stop importing plastic scrap. That was the worst-case scenario presented by the Executive President of the China Scrap Plastics Association - Dr Steve Wong of Fukutomi Company Ltd - in light of the country’s National Sword initiative to prohibit imports of a... -
Recent BIR World Recycling Convention & Exhibition in Hong Kong - Tyres & Rubber Committee: Attack on crumb rubber “an industry-wide issue”
Recent BIR World Recycling Convention & Exhibition in Hong Kong (22-24 May 2017) Tyres & Rubber Committee: Attack on crumb rubber “an industry-wide issue” Although more than 90 separate pieces of research have concluded no risks are attached to the use of crumb rubber in synthetic turf, the issue “is not going away” and will not do so until “a definitive study” has been published, according to Robin Wiener, President of the US Institute of Scrap Recycling Industries. Despite...
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