“Free and fair trade is not free from regulation,” it was underlined to the BIR E-Scrap Committee meeting in Singapore on May 20 by Adina Renee Adler.
Market
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The labelling industry’s first-ever facestock made from recycled polyethylene (rPE) has been introduced by Avery Dennison.
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In a “dramatic” development, the number of shredders installed within China has soared by around 250 over the last two years to a new total of 317, it was revealed to the latest BIR Shredder Committee meeting by its Chairman, Alton Scott Newell III of Newell Recycling Equipment in the USA.
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With a shared goal of putting circular thinking at the heart of the construction sector, major European construction actors have come together with environmental and standardisation stakeholders to jointly request a comprehensive strategy on circular economy in construction.
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Recycling makes an annual contribution of US$ 350 billion to global GDP and this figure is forecast to rise to US$ 500 billion by 2025.
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World crude steel production for the 64 countries reporting to the World Steel Association (Worldsteel) was 156.7 million tonnes (Mt) in April 2019, a 6.4% increase compared to April 2018.
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MarketNon-ferrous metals
Most new plants use low-scrap input despite cost and environmental pluses, says analyst
There are some powerful reasons for mills to favour the use of stainless steel scrap over virgin materials, not least that it is “the lowest cost option” for consuming mills and the subject of “very competitive pricing at the moment”.
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Short-term pain should give way to longer-term gain for the paper recycling industry, senior figures agreed at the latest meeting of the BIR Paper Division on May 20.
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MarketNon-ferrous metals
Aluminium scrap “cheap” so incentive to use more, according to leading analyst
The implementation date of July 1 is fast approaching for China’s new non-ferrous scrap import licensing procedures.
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There are different technological pathways to reduce carbon dioxide emissions in steelmaking but the best option is “to maximise the use of scrap” such as through switching to the electric arc furnace (EAF) production route where possible, according to Dr. Ir. Steven Vercammen, Senior Knowledge Expert at worldwide management consulting firm McKinsey & Company.
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At the 2019 General Assembly of the Bureau of International Recycling on Tuesday, 21 May 2019 in Singapore, the world recycling body elected its new President, the British national William T. Bird of Chiho Environmental Group.
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