Market

| Modern Steel Mills (MSM), one of the leading melting shops in the Sultanate of Oman, have started production with their new Lidex 1000t scrap shear manufactured by Copex.

| Novelis reported a net income of $29 million for the fourth quarter of fiscal year 2016. Excluding tax-effected special items, the company reported a net income of $50 million in the fourth quarter of fiscal 2016, a 35 percent increase over the prior year period. For the fiscal year 2016, the company recorded a net loss of $38 million. Excluding tax-effected special items, net income was $131 million for the full year.

| According to the Alocci RI Group, May is the third month in a row characterized by a strong escalation of the metallic raw materials prices, mostly for the ferrous scrap ones.

| According to BusinessWaste.co.uk, seven out of ten say they want private bin collections to replace council services.

| BIR commends this OECD guidance to developing countries that look to EPR as a ‘tax-free’ means to establish waste management and recycling.

| Redoma Recycling AB has expanded its product range with a cost-efficient Electrostatic Separation System (ESS), available at present in six different sizes. The ESS can separate residual fine copper in the plastic with close to 100% purity.

| International technology Group ANDRITZ saw a solid development of profitability in the first quarter of 2016 despite slight declines in sales and order intake.

| Decline in consolidated sales owing mainly to the drop in metals prices by comparison with the first quarter of 2015.

| The new Terex Cedarapids CRC1150 portable cone plant delivers big production at a practical price.

| The new Terex Cedarapids CRH1313R delivers big production and has the versatility to handle rock crushing, concrete recycling, and asphalt recycling.

| Speaking on the big challenge for the plastic industry, Dr Maurer believes that it is clear that the industry needs to act urgently as in developing countries plastics either end up in landfill or in nature.

| Former Executive Director of United Nations Environment Programme speaks on importance of live cycle economy. The BIR keynote session will take place on Tuesday, 31 May 2016 at 14:00 pm.

| The responsibility for waste management in Thessaloniki city and the entire Prefecture of Thessaloniki is the responsibility of FODSA, a public company managing waste for the Association of Local Authorities of the Prefecture of Thessaloniki.

| The publicly quoted environmental services and raw materials provider ALBA SE together with its subsidiaries once again generated stronger earnings in financial year 2015 than in the previous year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) went up by EUR 7.6 million or 22.5 percent to EUR 41.2 million.