Falling commodity prices, reduced scrap availability, uneven manufacturing growth, high regulatory costs and reduced oversea demands are just some of the challenges that have forced a restructuring oof the scrap industry in the USA, pointed out Mark Lewon, President of Utah Metal Works and Chair of ISRI.
After three difficult trading years in a row, Lewon said the industry is unlikely to return to its previous state - but we can reinvent ourselves“, he insisted, because „recyclers are resilient“. He urged companies in the sector to focus increasingly on safety, operational efficiency, quality and product diversification.
