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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. -
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 -
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... -
Have EU New-Scrap importers Pre-registered with REACh yet?
Bureau of International RecyclingTheworld federation of recycling industries HaveEU New-Scrap importers Pre-registered with REACh yet?As the window of opportunityfor companies to pre-register will close in 13 days time, BIR is concerned thatworldwide trade into the EUcould in future be constrained as few EU based scrap importers arepre-registering with REACh.BIR’sbest advice to EU based companies that are importing scrap from outsidethe EUis as follows:[1] EU based companies,such as metal-wor... -
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... -
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...
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