News
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Third Quarter 2010
The news that China became the World’s second largest Economy, behind the USA, making China the 2nd largest driver of Global growth was received with a great deal of interest within the Recycling Industry. Japan’s second quarter GDP figures were at USD1.2 trillion whilst China was at USD1.33 trillion, with the 2009 GDP for USA at USD14 trillion. China’s growth has exceeded that of Germany, France, Great Britain and now ...
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Second Quarter Report 2010
Demand for Recovered Fibre continued strengthening at the beginning of the quarter with both strong export orders and an equally strong European domestic demand. Export prices have been continually increasing since January due to rising Freight charges, a weakening Euro, allied to a strengthening USA Dollar, and a growing cost of Fibre. At the start of April we saw prices for Recovered Fibre continue to stabilise at the March levels, with OCC trading at ...
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First Quarter 2010 Report
The swing in business trends following the Global emergence from recession became very noticeable at the start of 2010. Strong demand from Asia, especially China, at the start of the year was accompanied by equally strong European domestic demand The container Shipping Lines which were projected to post losses of around USD20Billion for 2009, continued their drive not only to increase basic freight rates, but also started imposing new surcharges examples of these being, increased BAF (Bunker ...
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Stainless Steel and Special Alloys
Stainless steel is an iron alloy that contains nickel and chromium to protect it against corrosion and rust. Also known as inox steel, this material is remarkably strong and resistant to high temperatures providing optimum performance under severe environmental and chemical conditions. Stainless steel’s inherent physical properties make it ideal for use in the construction, automotive and transportation sectors. Its versatility also makes it a popular material in household items such as kitchen appliances and ...
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Non-Ferrous Metals
The most commonly used non-ferrous metals are aluminium, copper, lead, zinc, nickel, titanium, cobalt, chromium and precious metals. Millions of tonnes of nonferrous scrap are recovered annually and used by smelters, refiners, ingot makers, foundries, and other manufacturers. Secondary materials are essential to the industry’s survival because even new metals often require the combined use of recycled materials. New metals made using recycled material ...