The most recent BIR World Mirror report posits that nonferrous markets should hold up through the next few months, although caution should be used.
The most recent BIR World Mirror report on non-ferrous markets finds that many of the contributors to the report are indicating that markets are strengthening, with the Chinese market playing a key role in the unfolding market.
While many non-ferrous grades have been improving through the fall, several speakers are expressing concern that a correction could be coming.
Another area that is looming is the Chinese New Year, which will take place early next year. During this time Chinese buyers curtail their orders. This could result in a sharper drop in offshore shipments.
Members of the Bureau of International Recycling may read the full report by going to the web site, www.bir.org.
Latest from Recycling Today
- Equipment from the former Alton Steel to be auctioned
- Novelis resumes operations in Greensboro, Georgia
- Interchange 360 to operate alternative collection program under Washington’s RRA
- Waste Pro files brief supporting pause of FMCSA CDL eligibility rule
- Kuraray America receives APR design recognition for EVOH barrier resin
- Tire Industry Project publishes end-of-life tire management guide
- Des Moines project utilizes recycled wind turbine blades
- Charter Next Generation joins US Flexible Film Initiative
