Posted on November 18th, 2011 No comments
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
Posted on October 28th, 2011 No comments
Speaking to attendees at the Bureau of International Recycling (BIR) Ferrous Division meeting in Munich in October, Tom Bird of Van Dalen Recycling in the U.K. said encouragement should be derived from the fact that “business is still being done, reflecting demand,” and that although prices have fallen, current levels “are not as low as some were forecasting.” Bird, who also is president of the European Ferrous Recovery and Recycling Federation (EFR),said compared to the crisis of 2008, “our customers are more robust, more consolidated and far more likely to continue to perform [even] in a falling marketplace.” Indian steel production growth is likely to be restricted to from 5 to 6 percent in the current year rather than the 10 to 12 percent originally anticipated, reported Zain Nathani of the Nathani Group of Companies. Having noted that many of the country’s steel mills had cut production in response to lower iron ore availability, the speaker went on to say that India’s ferrous scrap imports fell a fraction below 4 million metric tons in the 2010/11 financial year, backing off from around 4.75 million metric tons in 2009/10
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BIR Autumn Roundtables: Ferrous Demand Likely to Return
Posted on August 9th, 2011 No comments
Magnet Applications , a subsidiary of Bunting Magnetics Co.
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Magnet Applications Hires GM