economy

In recent weeks, LME prices for some metals have returned to levels last visited several years ago on the back of, among other factors, more positive economic data out of China and the European...
For businesses in the EU, meanwhile, the export market has quietened somewhat and prices have retreated - a case of the market ‘taking a deep breath and stepping back’. However,...
The Recycling Revolving Fund accrues money from recycling fees imposed on Guam’s 162 700 inhabitants renewing their annual motor vehicle registration with the Department of Revenue and Taxation...
Some 900 000 tonnes of polyethylene terephthalate (PET) is produced annually in India, 65% of which is recycled at registered facilities. At least 15% of recycling activity takes place within the...
Although many experts were not expecting a sizeable downward correction, the end of the month has arrived with cfr price indications for Turkey-bound shipments from Europe and North America hovering...
In effect, no-one is clear on what will be permitted to enter China and what will be restricted; all plastic scrap - whether production, industrial or consumer waste - falls under the same HS Code,...
The shortage relates primarily to a lack of energy-from-waste (EfW) power plants, which are replacing landfill sites as the preferred, more sustainable solution for non-recyclable 'residual' waste....
Optimism in the marketplace has been boosted by an improvement in all alloying metal prices. Higher nickel values, firmer steel scrap and expectations of an increase in chrome prices in the coming...
Elsewhere, Pakistan’s scrap importers have been prepared to match or better the prices paid by their Indian counterparts who have been rendered largely quiet by elevated international price...
The carbon footprint of nickel units procured from scrap is 22 000 tonnes of carbon dioxide per 100 000 tonnes of nickel produced as compared to 212 000 tonnes of carbon dioxide for every 100 000...
However, latest statistics from the US Census Bureau and US International Trade Commission confirm that American ferrous scrap exports to all destinations soared 20.5% in the opening six months of...
Germany’s primary aluminium production amounted to 273 100 tonnes for January to June (+0.7% year on year) while the recycled total was 387 800 tonnes. ‘The underlying economic conditions for the...
These observations were made as the Germany-based group announced operating earnings before taxes of Euro 211 million for the first nine months of the 2016/17 financial year as compared to Euro 148...
‘We believe the 1.5% level for OCC, as set out in EN643 (the European list of standard grades of paper and board for recycling) and currently required by the Chinese authorities, provides the...
Latest figures from the US Census Bureau and US International Trade Commission show that China upped its purchases by 13.4% - from 302 926 tonnes in January-June 2016 to 343 571 tonnes in the...
Primary production declined by 2% year on year to 7.889 million tonnes whereas scrap-based production leapt 12% from 1.532 million tonnes in January-May 2016 to 1.71 million tonnes in the...
The 2017 edition of the two-day event will be held in at the Hilton Hotel in the country’s capital Warsaw. Paper & Plastics Recycling Conference Europe event. Industry highlights regarding...
AMI has yet to select a location for the plant, but indicates it will be situated near a manufacturing hub of electronic vehicle batteries. The US company also intends to recycle other valuable...
China notified the World Trade Organization (WTO) on July 18 of its plans to stop accepting imports of certain wastes by the end of 2017 as part of its National Sword campaign. Despite lamenting the...
The cumulative production total of 142.08 million tonnes was 5% or almost 7 million tonnes higher than that for April 2016, the WSA reports. World crude steel output amounted to 550.841 million...
‘Very tight’ scrap supply and rising prices have prompted several mills in Asia - notably in India, Taiwan and also South Korea - to ‘switch in part from scrap to nickel for...
The result was ‘driven primarily by good raw material markets, particularly in the recycling area’, states the Germany-based group, adding that higher metal prices led to a ‘very...
In the opening quarter of 2017, Europe’s leading recovered fibre exporter - the UK - saw its OCC export prices to China peak at upwards of £150 per tonne (approaching Euro 180) before...
Listed among the company’s key achievements in the period under review is ‘an improved metal mix by increasing recycled inputs from 53% to 55% for the full year’. It also achieved...
In European recycled containerboard, the group implemented a Euro 60 per tonne hike in the first quarter, with additional increases announced for April. ‘Overall demand for recycled...
The more recent reduction in Chinese steel values has also impacted all markets across Asia and ‘prices for finished steel in almost all countries have softened’, it is also noted in the...
Another major challenge for European exporters has been the tripling in freight costs for shipments from main European ports to Chinese ports over the last three months - from US$ 750-800 per...
According to ‘Rethinking Waste Crime’, illegal waste operators blight local communities, damage the environment, harm legitimate businesses and deprive the government of tax revenue. The...
‘The global PET market has been picking up steam as the demand for recyclable plastic has been growing at an exponential rate,’ analysts assert. They cite ‘soaring demand’ for...
In March, China’s crude steel output entered uncharted territory in reaching 71.995 million tonnes - the highest for any single month. The country’s production amounted to more than 201...

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