· March 18, 2019. Brian Taylor. The 20th century split between iron and steel scrap yards and nonferrous scrap recycling specialists continues to seem more distant, despite the turmoil in mixed nonferrous shredded grade markets caused by China’s self-imposed blockade. Each of the 10 largest companies listed in Recycling Today ’s updated list
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· The European Union was the ferrous scrap export leader in 2018, shipping out more than 21.4 million metric tons, followed by the U.S. at 17.3 million metric tons and Japan at 7.4 million metric tons. The 2019 BIR World Recycling Convention & Exhibition was held May 19-22 at the Shangri-La Hotel in Singapore.
· Little movement. “2018 was incredibly stable from beginning to end,” Shine says of copper scrap markets. That has not been the case in 2019, he adds, explaining that his company has either been “chasing supply or chasing sales.”. As of mid-July, however, “Supply is dominating and demand is waning,” Shine says.
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· Imports of low-grade copper scrap such as coiled cable and waste motorsknown as 'Category 7'have been banned since the start of 2019. The government said in
· China, the world's top metals consumer, brought in 1.49 million tonnes of copper scrap in 2019, Wang Jiwei, deputy president of CMRA, said at the China International Copper Forum.
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