The Bureau of International Recycling has released its final World Mirror report for this year.
In the most recent report on the nonferrous market, several top executives from scrap recycling companies noted that markets for many grades were at record highs.
In his opening remarks, Marc Natan, president of BIR’s Nonferrous Division, noted that a host of nonferrous grades, including nickel, copper and aluminum, have reached multi-year highs.
While acknowledging the strength, Natan also noted that the surging market for many commodities into China is causing some countries to debate their policies over free trade between countries with protection for domestic industries.
Members of the BIR can access the full report by going to the association’s web site at www.bir.org.