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25.01.2022 Chinese gold bar and coin demand increased by 56% year-on-year, reaching 62.6 tons during the second quarter of this year, according to the World Gold Council. http://scrapmetals.com.au//chinese-gold-bar-and-coin-dema/

24.01.2022 The board of directors for the Institute of Scrap Recycling Industries (ISRI), Washington, approved additional guidance regarding ISRIs nonferrous scrap specifications during its Summer Meeting July 20, 2017. As per ISRIs Policy Manual, any party may submit to a written appeal of the board regarding this new specification up to 30 days after publication of this notice. Written appeals must provide a rationale and a request for action and should be sent to ISRI President Robin Wiener at [ 83 more words ] http://scrapmetals.com.au//isri-board-approves-additional/

23.01.2022 Gold is modestly softer and could see some more short-term pressure after the stronger-than-forecast rise of 209,000 in July U.S. nonfarm payrolls reported on Friday, said MKS (Switzerland) S.A. http://scrapmetals.com.au//jobs-data-may-provide-more-nea/

23.01.2022 Atlanta-based Novelis Inc., an aluminum rolling and recycling company, has reported net income of $101 million for the first quarter of fiscal year 2018, compared with net income of $24 million in the prior year period. Excluding tax-affected special items, the company reports net income of $103 million in the first quarter of fiscal 2018, up from $33 million reported in the first quarter of fiscal 2017. [ 347 more words ] http://scrapmetals.com.au//novelis-reports-net-income-inc/

23.01.2022 Argentinas finance ministry has reportedly calculated that the nations economy (as measured by gross domestic product, or GDP) grew from 2.5 to 3 percent in the second quarter of 2017, compared to the same quarter in 2016. An online news item on the Business Recorder website cites a source within the nations finance ministry who says the government expects Argentinas GDP to grow between 3.5 and 4 percent in the third quarter of 2017. [ 230 more words ] http://scrapmetals.com.au//gdp-growth-characterizing-arge/

23.01.2022 The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities has continues to advance to 1036 points level on Monday mainly on rising cape, panamax and supramax indices. http://scrapmetals.com.au//main-sea-freight-index-at-balt/

21.01.2022 The higher imports could be connected to the political uncertainties in the country, as a result of which gold is clearly in demand as a safe haven. The introduction of a 5% import duty on gold jewelry in the United Arab Emirates at the start of the year could also play a role, causing gold to flow to Turkey rather than to Dubai. http://scrapmetals.com.au//turkish-gold-demand-soars-seve/

19.01.2022 Glandorf, Germany-based Strautmann Umwelttechnik, a maker of balers and briquetters, is now offering the LiquiDrainer, which it describes as a device that can drain and compact beverage containers such as PET (polyethylene terephthalate) bottles, TetraPak cartons and aluminum beverage cans. In the LiquiDrainer, says Strautmann, containers are first punctured so the liquids flow out. The residual liquids pass through a coarse filter and can be diverted toward anaerobic digestion or biogas plants, according to the firm. [ 261 more words ] http://scrapmetals.com.au//strautmann-offers-compact-cont/

19.01.2022 United States domestic raw steel production has increased by 6.3 percent to 1,762,000 net tons during the week ended August 5, 2017 while the capability utilization rate was 75.6 percent, according to the latest figures released by the the American Iron and Steel Institute (AISI). http://scrapmetals.com.au//us-domestic-raw-steel-producti/

19.01.2022 Huludao Zinc Industry, Shaanxi Dongling Industry & Trade Group and Sihuan Zinc & Germanium finished maintenance cycle, SMM survey finds. Meanwhile, some zinc smelters, such as Yunnan Luoping Zinc & Electricity Company, stepped up production capitalizing on high-water period. http://scrapmetals.com.au//chinese-refined-zinc-productio/

18.01.2022 Central-bank gold purchases appear to be on a robust pace in 2017 considering that the Peoples Bank of China has not been buying, said Commerzbank in a snippet. http://scrapmetals.com.au//central-bank-gold-buying-would/

18.01.2022 Terrell, Texas-based metals recycler Conecsus LLC has announced the consolidation of the companys U.S. sales territories with ELECTRI-REP Inc. and West Tech Automation. ELECTRI-REP Inc., headquartered in Overland Park, Kansas, covers the states of Kansas, Missouri, Nebraska, Iowa, Illinois and Wisconsin with sales personnel located in Kansas City, St. Louis and Chicago, and will represent Conecsus in these areas. Founded in 1975, ELECTRI-REP is a second-generation company representing manufacturers and technology. [ 171 more words ] http://scrapmetals.com.au//conecsus-consolidates-us-sales/

18.01.2022 United States scrap gold prices climbed on the Scrap Register Price Index as on Tuesday, while gold futures prices at New York Mercantile Exchange ended lower as the U.S. dollar firmed in late trade, helping to erase a slight advance for the dollar-sensitive commodity earlier in the day. http://scrapmetals.com.au//us-scrap-gold-prices-climb-gol/

17.01.2022 A book and paper recycling drive in Mexicali, Mexico, has resulted in the collection of about 1 million tons of recyclable paper. According to an online news item from La Voz de le Frontera, the Donate your old book campaign organized by the Fundación Hélice A. C. was carried out in early August 2017. The objective of the drive was to collect magazines, newspapers, office paper and other paper for recycling, as well as the recovery of books in good condition. [ 140 more words ] http://scrapmetals.com.au//books-are-focus-of-mexican-rec/

16.01.2022 United States shredded scrap average weekly prices stayed flat during the week ended June 30, while major US aluminum scrap commodities weekly average prices on Scrap Register Price Index showed a steady trend. http://scrapmetals.com.au//us-shredded-scrap-aluminum-scr/

16.01.2022 Household discarded materials collected as recyclable in Guánica, Puerto Rico, have drawn negative scrutiny by critics asking why the material is not leaving the Municipal Public Works department property. An online news item from the Perla del Sur news organization refers to the material as a mountain of bags with refuse to be recycled. The materials at the Municipal Public Works facility in Guánica were denounced by a local political partys vice president via the partys Twitter account, according to the newspaper. [ 125 more words ] http://scrapmetals.com.au//municipal-stockpiles-draw-nega/

15.01.2022 Like China, gold investment activity has eased compared to recent quarters. Demand was especially buoyant at the tail-end of last year and the start of 2017 as investors took advantage of price dips and looked to gain exposure to an asset that could provide some security in the run-up to a spate of national elections. http://scrapmetals.com.au//european-gold-investment-deman/

15.01.2022 BNP Paribas has hiked their fourth-quarter gold forecast by $90 compared to the end of March to $1,255 an ounce. They see a drop to $1,215 in the first quarter of 2018, then $1,300 in the second quarter of next year, followed by $1,290 and $1,325 in the next two quarters. All of these forecasts are above the banks previous outlooks. http://scrapmetals.com.au//gold-likely-to-average-1215-an/

13.01.2022 In order to control the tax evasion, an expert tax avoidance panel in the United Kingdom has ruled that wages payed in Gold will be illegal. This is the first step to use a new law to curb morally repugnant tax avoidance schemes. http://scrapmetals.com.au/scrap/uk-bans-wages-paid-in-gold/

13.01.2022 Ward England-headquartered Impact Air Systems, with U.S. offices in San Diego, has announced that the companys Terry Ward has died at the age of 53 from cancer. Wards career in air system design began with Airmat. He then moved on to Impact Air Systems and had a short stint at Ensys Technologies. The company says Ward has played a huge role in Impact Air Systems success, and we would like to acknowledge Terrys significant contribution to Impact Air Systems over the last 20 years, heading up sales in the southern region of the U.K. [ 150 more words ] http://scrapmetals.com.au/scrap-met/in-memoriam-terry-ward/

13.01.2022 The staff of Recycling Today is preparing an updated version of its list of wire and cable processing plants in the United States, to be presented in the October 2017 issue of the magazine. If you are affiliated with or know of a plant with automated wire and cable granulating and separation equipment, please let us know by August 24, 2017. [ 69 more words ] http://scrapmetals.com.au//seeking-all-wire-chopping-firms/

12.01.2022 Kice Industries, based in Wichita, Kansas, has announced it has introduced an upgraded top bag removal filter to its filter line. The improved filter is an option available for most Kice filters, the company says. One of the main improvements is the quick-release laterals, which are easily removed without the use of tools for installing filter bags, says Andy Forrester of Kice Industries. [ 110 more words ] http://scrapmetals.com.au//kice-industries-upgrades-top-b/

12.01.2022 The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities has climbed further to 1038 points level on Tuesday thanks to rising cape, panamax and supramax rates. http://scrapmetals.com.au//main-sea-freight-index-at-balt/

12.01.2022 Major brass and copper scrap prices in India stayed flat on the Scrap Register Price Index as on Tuesday, while copper futures prices at India's Multi Commodity Exchange gained after a rebound in imports by top consumer China. http://scrapmetals.com.au//india-brass-copper-scrap-price/

11.01.2022 Imported ISRI grade scrap edged further north this week in Taiwan as suppliers increased offers due to high demand of scrap material in the international markets. Those deals that have concluded had limited volume as suppliers were unwilling to let go of large volumes due to market sentiment indicating that prices may see further increases. http://scrapmetals.com.au//taiwan-containerized-scrap-imp/

10.01.2022 India's major brass and copper scrap prices have showed a steady trend on the Scrap Register Price Index as on Monday, while copper futures prices at India's Multi Commodity Exchange settled higher as soaring steel and iron ore prices in China brightened the outlook for growth and industrial demand. http://scrapmetals.com.au//india-brass-copper-scrap-price/

10.01.2022 The government of Ushuaia, Argentina, considered the southern-most city in the world, has collected and sent out for recycling two shipments of PET (polyethylene terephthalate) bottles totaling 30 tons. According to an online article from El Diario del Fin del Mundo, the action is part of an environmental policy of the Municipality of Ushuaia. A shipment of PET bottles in early August, the citys second, was collected by the city in cooperation with Argentina-based [ 172 more words ] http://scrapmetals.com.au//southern-argentina-city-finds-/

10.01.2022 A Mexican business periodical, in its profile of steelmaker DeAcero, quotes the firms executives as pointing to scrap recycling as an underpinning of the firms success. The article on the Expansión website, refers to DeAcero as once a small workshop that is now one of the most important companies in the production of steel in Mexico. The article adds, Today it grows thanks to recycling. [ 144 more words ] http://scrapmetals.com.au//deacero-credits-recycling-for-/

09.01.2022 China's Shandong province was planning to restrict the Aluminum and Alumina production capacity from November 2017 to March 2018, and this move has made the risk of prices volatility to increase, as per the State Development and Investment Corporation (SDIC). http://scrapmetals.com.au//chinas-cap-on-aluminum-product/

07.01.2022 Producers, buyers and traders of copperjoined by commodity sector analysts and journalistsare trying to figure out how Chinas intended ban on several scrap grades may affect that nations overall red metal supply situation. Chinas government, led by its Ministry of Environmental Protection (MEP), has taken a series of steps to inspect and regulate the nations use of imported scrap commodities. [ 701 more words ] http://scrapmetals.com.au//copper-market-pondering-chinas/

07.01.2022 Crude Iron Ore production capacity of Iran is all set to increase by the end of the current Iranian year to 1000 million tons per year from 75 million tons per year, as per the state mines and metal holding company Imidro. http://scrapmetals.com.au//iran-to-increase-iron-ore-prod/

06.01.2022 Turkish HMS 1/2 80:20 scrap import weekly average prices (CFR Iskenderun Port, Turkey) continued to advance by $04 a ton week-on-week at $297 a ton during the week ended July 14, as per the latest figures from the Steel Index. http://scrapmetals.com.au//turkish-hms-12-8020-import-pri/

06.01.2022 Needham, Massachusetts-based Bigbelly Inc., a manufacturer of waste and recycling systems that feature compacting stations with sensors that offer real-time reporting via its software, says it has filed a complaint with the U.S. Central District Court in California and the German Court alleging that Ecube Labs Co. Ltd. (South Korea), Ecube Labs Co. (U.S.) and EconX Waste Solutions B.V. [ 226 more words ] http://scrapmetals.com.au//bigbelly-files-patent-infringe/

05.01.2022 The silicon metal imports from Kazakhstan, Australia and Brazil, were imposed with countervailing duty investigations by the US department of Commerce on the back of finding countervailable subsidies in all cases. http://scrapmetals.com.au//cv-duty-on-kazakhstan-silicon-/

04.01.2022 In an early August 2017 conference call with investors, Pablo Brizzio, chief financial officer of Argentina-based steelmaker Ternium, said Brazils antitrust (the CADE) had approved, without any restrictions, Terniums acquisition of the CSA, steel plant in Rio de Janeiro, currently operated byGermanys ThyssenKrupp. We continue working on the necessary steps for the closing, said Brizzio. After CADEs decision, there is now a period of 15 days in which any other stakeholder can make any comments, he added. [ 324 more words ] http://scrapmetals.com.au//ternium-closing-in-on-brazilia/

04.01.2022 Gold fell back near $1,254 an ounce Friday, its lowest level since late July, after the government reported U.S. nonfarm payrolls rose 209,000 last month. This led to worries about higher interest rates due to both another rate hike this year plus the Federal Reserve starting to reduce its balance sheet. http://scrapmetals.com.au//data-reverses-gold-upward-mome/

01.01.2022 Sonthofen, Germany-based equipment maker BHS-Sonthofen GmbH has added a new, fourth factory building at its Chinese campus in Tianjin, China. The company says the new building has a usable floor area of 2,000 square meters (21,500 square feet) and it will serve mainly as a warehouse while also offering some manufacturing space. After a six-month construction period, the new building was inaugurated with a ceremony in mid-July 2017. [ 123 more words ] http://scrapmetals.com.au//bhs-sonthofen-expands-its-capa/

01.01.2022 Terrell, Texas-based metals recycler Conecsus LLC has announced the consolidation of the company’s U.S. sales territories with ELECTRI-REP Inc. and West Tech Automation. ELECTRI-REP Inc., headquartered in Overland Park, Kansas, covers the states of Kansas, Missouri, Nebraska, Iowa, Illinois and Wisconsin with sales personnel located in Kansas City, St. Louis and Chicago, and will represent Conecsus in these areas. Founded in 1975, ELECTRI-REP is a second-generation company representing manufacturers and technology. [ 171 more words ] http://scrapmetals.com.au//conecsus-consolidates-us-sales/