News archive
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Billet exports from China “at ever-decreasing prices” have been “truly the cause of the present condition of ferrous scrap values”, BIR Ferrous Division President William Schmiedel of Sims Metal Management in the USA told the body’s latest gathering in Prague on October 27.
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Revised data on the EU steel market suggest that demand could grow by 1.5% in 2015, on a par with the expected rise in activity of the EU steel consuming sectors. However, third country suppliers rather than domestic producers will be the main beneficiaries from demand growth in the EU market. Weakening domestic order intakes signal that steel buyers are remaining very cautious.
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German WEEE law ElektroG came into force on October 24, bringing PV modules under the scope of mandatory Producer responsibility.
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The combined European metals industry today demonstrated their support for the upcoming Circular Economy Package through a common position paper. In Boosting the Circular Management of Metals, the metals sector highlights how it looks forward to an ambitious Circular Economy Package supporting growth, innovation, competitiveness and jobs.
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On 24 November 2015, the annual Petcore Europe Conference will take place in Brussels. The conference brings together more than 100 experts and leaders from the whole PET value chain in Europe and beyond as well as representatives from the European institutions. This year, the conference will focus on the four key aspects Sustainability, Circular Economy, Innovation and Globalisation.
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Today, Umicore and IndustriALL Global Union renewed their Global framework Agreement on Sustainable Development for a period of four years. The agreement covers human rights (including collective bargaining and equal opportunities), safe and healthy working conditions and environmental considerations.
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Terex Corporation has named John L. Garrison, Jr. Chief Executive Officer and President effective November 2, 2015. He will also become a member of the Terex Board of Directors effective November 2, 2015.
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According to the Confederation of European Waste-to-Energy Plants (CEWEP), the Commission seriously questions undertaking any effective landfill diversion action in the upcoming new Circular Economy Package.
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The World Steel Association (Worldsteel) has released its Short Range Outlook (SRO) for 2015 and 2016. Worldsteel forecasts that global steel demand will decrease by -1.7% to 1,513 Mt in 2015 following growth of 0.7% in 2014. In 2016, it is forecast that world steel demand will show growth of 0.7% and will reach 1,523 Mt.
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Starlinger Recycling Technology has relaunched its Recostar universal line with revamped technology and design. According to the company, the new version features greater process variety, simplicity and ease of operation, as well as reduced energy consumption.
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Within the Hiperdry project, a new prototype dryer for plastics pellets has been developed, combining microwave heating with superheated steam convective drying. An optimum antenna design will allow for gentle microwave application allows gentle microwave application to avoid overheating or damaging the polymer. The system is designed for time and energy efficient drying of conventional and bio-plastics.
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Terex Finlay recently hosted a UK customer open day in Doncaster, United Kingdom. The event attracted over 200 end user customers from the UK, Austria, Belgium, Ireland, Lithuania, Germany, Poland and Russia.