BIR Report Now Available

The most recent World Mirror, a look at various non-ferrous metals, has been released by the Bureau of International Recycling.

The report takes a look at market conditions for a host of secondary non-ferrous markets in various regions of the world.

In the September report, the Mirror takes a look at market conditions in India, South Africa, the Middle East, Asia and the Pacific Rim, the United States, Russia, and various European countries.

In his opening remarks, Marc Natan, president of BIR’s non-ferrous division, notes that Chinese delegations have been meeting with a host of European businesses as the deadline for the new licensing requirements near.

“I had the opportunity to meet the European delegation which comprised seven representatives (among them CCIC agents from different ports) and was led by the Director of the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ). “

According to Natan, the Chinese government has already received 4,000 files and, he noted, companies will be informed to the outcome of their registration applications in October, 2004.

In further statements, Natan writes that “For the moment, middle- and long-term contracts with China are proving difficult to negotiate as the deadline for deliveries without the now-famous license number remains fixed at October 31 2004 (bill of lading date). Metal prices are stable and are changing in line with the value of the US dollar or in response to American economic and election information.

Secondary material demand is satisfactory, although somewhat weak order levels have been experienced for aluminum for smelting.”

The rest of the report, including a country-by-country breakdown of markets for nonferrous, is available only to BIR members.

For more information on the association go to BIR’s web site at bir.org.