Author Archives: zhengyangpcb

Scrap Gold, Silver and Platinum Prices Surged on Index

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The daily scrap gold prices – hallmarked and non- hallmarked surged higher modestly on Thursday, 11th July, 2019 on the ScrapMonster Price Index. The prices of scrap silver and Platinum too climbed higher on Index. In the Hallmarked category, the 14 carat gold scrap prices were up by $ 9.51 per Oz. The prices of […]

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India’s e-waste recycled still has a long way to go

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India – The Electronics Industry Association of India ELCINA announced the findings of their study on status and potential of e-waste management in India, conducted with support from DSIR (Department of Scientific and Industrial Research), Ministry of Science and Technology under their Technology Management Programme. In view of the growing menace of e-waste generation and […]

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E-scrap recyclers potential for ‘huge profits’

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The worldwide electronic scrap recycling market will be worth over US$ 34 billion (EUR 30 billion) by 2022, according to research firm Transparency Market Research. The global e-scrap industry was valued at US$ 11 billion in 2014 and the market analysts expect a compound annual growth rate of 15.7% from 2015 to 2022. Precious metals […]

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Greenpeace Report Condemns U.S. Retailers for Poor Rate of Elimination of Single-Use Plastics

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The new report published by Greenpeace states that U.S. grocery retailers have effectively failed to reduce the distribution of throwaway plastic bags, which are identified as the primary cause for marine litter. The report titled ‘Packaging Away the Planet’ provides detailed analysis of efforts undertaken by 20 of the largest U.S. grocery retailers in eliminating […]

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Technology Emerges to Tackle Hard-to-Recycle Plastics

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Feedstock recycling has become more globally applicable with places like the U.K. and U.S. looking at emerging technologies to recycle plastics. Recycling Technologies, a specialist recycling company based in Swindon, England, recently announced a mixed plastics recycling initiative with major British retailer Tesco using its feedstock recycling process. The Recycling Technologies RT7000 machine is able […]

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U.S. Exports of Precious Metal Scrap Dropped 5%

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The latest U.S. Census Bureau data points to 5% decline in the country’s exports of precious metal scrap during the first four months of 2019. The exports were down by 4.62% from $1.57 billion in Jan-Apr ’18 to $1.5 billion during the corresponding four-month period this year. Canada continued to remain as the top trade […]

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GJEPC Calls For Significant Reduction in Gold Import Duty

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The Gems and Jewellery Export promotion Council (GJEPC) put forward various demands before the newly elected government in India. The proposals were presented during the pre-budget consultations held by the Finance Minister with the Council leaders in Delhi. The meeting was attended by Anurag Thakur, Minister of State for Finance and Corporate Affairs and other […]

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FPA Connects Informal Scrap Collectors to Global Plastics Chain

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The recently launched Italy-based Fair Plastic Alliance (FPA) aims to redefine global plastic collection efforts by integrating informal scrap collectors to the global chain of plastic packaging and recycling companies. The alliance vows to create improved working conditions for informal collectors, mainly in emerging countries. The members of the alliance in various countries focus on […]

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U.S. Reports Substantial Drop in Scrap Iron and Steel Exports

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The U.S. exports of scrap iron and steel registered huge decline during the initial four-month period of the current year. The exports dropped by nearly 21% to total $2.02 billion during this period. This compares with the exports that were valued at $1.59 during Jan-Apr ’18. The monthly exports were valued at $454.43 million in […]

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Gold Imports Recorded 49% Surge in India

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India’s gold imports surged in May this year, mainly boosted by festive demand. As per government sources, the country imported 116 tonnes of the precious metal during the month, significantly higher by 49% hwne matched with the imports during the corresponding month a year before. The country’s gold imports had totaled only 78 tonnes in […]

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