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IMPORTANT! - To all BIR Members dealing with China: Please check if your AQSIQ licence needs to be renewed
IMPORTANT! - To all BIR Members dealing with China: Please check if your AQSIQ licence needs to be renewed. Dear BIR Member,Please check the expiration date of your AQSIQ licence. For licenses expiring on 30th April 2016, the renewal time is between 1st November 2015 and 31st January 2016. AQSIQ licenses need to be renewed 3-6 months prior to the license expire date. Companies failing to do so will see their licenses cancelled after expiration and will be disallowed from exporting to mainland... -
BIR Miami - International Trade Council: Recycling industry “has a very important story to tell”
BIR World Recycling Convention & Exhibition in Miami (1-4 June 2014) International Trade Council: Recycling industry “has a very important story to tell” “There are eight common ways of gaining entry into a container in less than 35 seconds,” the BIR International Trade Council (ITC) meeting in Miami on June 2 was told by Ray Fernandez. While global container security has been built around the bolt seal, it can be “bypassed”, “doctored” and “manipulated” in a variety of w... -
Revision of BIR statutes and by-laws
Revision of BIR statutes and by-laws With the professional assistance of the law firm Bird & Bird LLP, BIR has revised its current statutes and by-laws to achieve better governance and to address important issues resulting from the continuous development and globalisation of our world organisation. Among the topics which have been considered in the revised BIR rules are: respect of competition law and anti-trust rules; data protection; conformity with the new tax legislation, in particular V... -
BIR World Mirror on Non Ferrous Metals - August 2013
Conventional wisdom’s flip-side There was a time when conventional wisdom had it that business would somehow get better once the summer holidays were over, that industrial production would improve, prices would rise, and scrap would start to flow. I suppose we learned somewhere along the way that a flip of the calendar from one month to another doesn’t do much in altering the state of our business, and on a more macro basis, the state of the world economies. Concerns about the US economy, al... -
Sino-US trade war having little impact on China’s recycling industry
Sino-US trade war having little impact on China’s recycling industry US taxation plans regarding US$ 200 billion worth of Chinese products are still creating uncertainties and various short-term effects on the financial markets, and China will take corresponding measures to reduce the negative impact. On March 23 this year, the US administration implemented tariffs of 25% and 10% on, respectively, imported steel and aluminium. Then on June 16, China’s Ministry of Commerce issued the “Annou... -
BIR World Mirror on Ferrous Metals / Quarterly Report - July 2011
BIR World Mirror on Ferrous Metals - July 2011 PRESIDENT'S OPENING REMARKSby Christian Rubach, TSR Recycling First of all, I would like to express my delight that the recent BIR Convention in Singapore attracted over 1200 delegates, many of whom were involved in the ferrous scrap business. Raw materials guru Jim Rogers was the main attraction of our BIR Ferrous Division plenary meeting, which counted over 300 delegates who had come to listen to the recommendations of this widely-known financial... -
BIR World Mirror on Non-Ferrous Metals - Issue May 2015
BIR World Mirror on Non-Ferrous Metals - Issue May 2015 Let’s hope for a repeat performance Welcome to Dubai. We are back in the city of tomorrow for the first time since 2009, the year immediately following the onset of the world financial crisis. On that occasion, there was a great recovery after BIR’s Dubai Convention and certainly we hope we can repeat that performance this time round after the long recession of 2013/14. Since our Convention in Paris last October, we have experienced man... -
BIR World Mirror Paper 07/2010
BIR World Mirror Paper 07/2010 PRESIDENT’S REPORT featuring Asia Demand for recovered fibre continued to strengthen at the beginning of the second quarter, with both healthy export orders and equally strong European domestic demand. Export prices have been continually increasing since January due to rising freight charges, a weakening Euro allied to a strengthening US dollar, and the growing cost of fibre. At the start of April, recovered fibre prices stabilised at March levels, with OCC tra... -
BIR World Mirror Non-Ferrous 95, 2010/11
BIR World Mirror Non-Ferrous 95, 2010/11 Better than imagined Year-end book squaring, inventory balancing, and Western World holidays are the usual culprits when it comes to fourth-quarter declines in demand for our products. Fortunately, at least at the time of writing, few signs of these annual phenomena are in evidence.As we enter the “home stretch” of 2010, we can all hopefully reflect on a year that was better than what we had likely imagined as we looked forward in late 2009. Metals pr... -
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...
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