Anyone tracking the ferrous scrap market during the past several years likely has seen extreme volatility in pricing. For ferrous scrap consumers, especially electric arc furnace (EAF) operators dependent on ferrous scrap for a majority of their raw material intake, purchasing large blocks of raw material on a monthly basis when prices may swing significantly can play havoc with their balance sheets. To mitigate the negative effects of fluctuations, a number of companies are promoting the use of financial tools such as swaps and derivatives they claim can help smooth out ferrous scrap pricing.
Single-stream material enters the Shoreway Environmental Center’s MRF for processing at this point and is conveyed to the presort station.
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Container loading systems are designed to eliminate much of the hassle involved with loading overseas shipping containers. They also have helped to provide an alternative to bulk shipping scrap overseas, a sometimes costly and time-consuming process
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Editors’ Note: The following article is an edited excerpt from the Diesel Technology Forum’s “Clean Diesel Technology for Off-Road Engines and Equipment: Tier 4 and More.” The full paper is available at http://www.dieselforum.org/files/dmfile/CleanDieselTechOffRoad.pdf . Clean diesel technology is now the standard for everything from new passenger cars and pickup trucks to highway commercial trucks.
Getting in Gear
Although China’s government and customs officers have been shoring up their defenses to prevent obsolete computers and television sets from being imported, an exception is being made for end-of-life vehicles. At a session at the World Recycling Forum, held in Hong Kong in mid-November, Scott Horne, general counsel of ISRI (the Institute of Scrap Recycling Industries Inc.), said a Chinese government official in Beijing had conveyed to him that shredder operators in China’s Jiangsu province had been granted permission to import flattened auto hulks. The policy change was confirmed by scrap recycler and equipment manufacturer Scott Newell of The Shredder Co., Canutillo, Texas, and scrap recycler Michel Dubois of Luxembourg-based Recylux Group, each of whom told attendees they had seen evidence of the new policy.
World Recycling Forum: Incredible Hulks
Michelle Read, Sunnking’s new president. The electronics recycling firm Sunnking Inc
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Sunnking Announces Promotions
The CP Group , based in San Diego, has designed, manufactured and installed a highly automated 20-tons-per-hour single-stream system for Wilco Recycling , Taylor, Texas.
Wilco Recycling Opens Texas MRF
Laws and regulations can help divert obsolete materials from the landfill or prohibit materials from being exported, but Jon Yob of Creative Recycling, Tampa, Fla., says legislators and policy makers should understand one truth above all others: “That which gets rewarded gets done.” Electronics recycler Yob was part of a panel discussion moderated by freelance journalist Adam Minter at the World Recycling Forum, held in Hong Kong in mid-November. Yob was joined by former scrap company owner Stephen Greer, now with Oaktree Capital; Michel Dubois of Luxembourg-based scrap company Recylux Group; and Professor Li Jinhui of Tsinghua University in Beijing. The members of the panel offered their observations on how their industry is evolving in China and the rest of the world.
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World Recycling Forum: Powered by Incentives
As the head of environmental management for the Asia Pacific and Japan region for Hewlett-Packard (HP), Annukka Dickens has become familiar with many different extended producer responsibility (EPR) systems for obsolete electronics. In a presentation at the World Recycling Forum, held in Hong Kong in mid-November, Dickens offered an overview of some of the more common system set-ups, as well as the view from a large OEM such as HP about what works and what doesn’t. Dickens said centrally managed systems, in which collectors and recyclers are directly subsidized for the obsolete items they handle, are “typically well-intended and work well with technology that is fairly uniform.” However, she added, because electronic scrap can have such a broad definition in some jurisdictions—from refrigerators to cell phones—this can end up subsidizing forms of recycling that don’t really require the funding.
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World Recycling Forum: EPR Middle Ground
Posted on November 17th, 2011 No comments
The U.S. House of Representatives passed H.R.