Steel

The USA and Europe are home to around 68% of the world’s 914 shredders, it was revealed at the latest meeting of the BIR Shredder Committee, held at the Hong Kong Convention & Exhibition Centre on May 23 under the chairmanship of Alton Scott Newell III of US-based Newell Recycling Equipment.

Improved prices at the start of 2017 had led to a healthy availability of stainless steel scrap – but “these positive conditions were not to last”. There had been a subsequent downward correction in nickel and stainless scrap values such that flows of the latter had slowed, explained Jonathan Bower of UK-based ELG Haniel Metals.

World crude steel production for the 67 countries reporting to the World Steel Association (Worldsteel) was 142.1 million tonnes (Mt) in April 2017, a 5.0% increase compared to April 2016.

The Institute of Scrap Recycling Industries (ISRI) released new, independent data highlighting the important role scrap commodities play in U.S. exports.

Recycling of steel packaging in Europe has reached another all-time high of 77.5%, according to figures issued by APEAL, the Association of European Producers of Steel for Packaging.

World crude steel production for the 67 countries reporting to the World Steel Association (Worldsteel) was 145.0 million tonnes (Mt) in March 2017, a 4.6% increase compared to March 2016.

The World Steel Association (Worldsteel) has released its Short Range Outlook for 2017 and 2018. It forecasts that global steel demand will increase by 1.3% to 1,535.2 Mt in 2017, following growth of 1.0% in 2016. In 2018, it is forecast that global steel demand will grow by 0.9% and will reach 1,548.5 Mt.

The Institute of Scrap Recycling Industries (ISRI) has launched a new International Scrap Trade Database providing information on international scrap trade flows. The data tables illustrate the trade of recyclables across the globe by major commodity and importing/exporting economies, and show the total amount of scrap traded globally.

World crude steel production for the 67 countries reporting to the World Steel Association (Worldsteel) was 126.6 million tonnes (Mt) in February 2017, a 4.1% increase compared to February 2016.

Although the federation approves the decision for real recycling rates, it wants to see more ambitions on the treatment of scrap exports.

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