• On May, 22, 2019
•  zhengyangpcb

The uncertainties surrounding new restrictions by Chinese administration on scrap metal imports into the country is likely to impact overall scrap trade, said sources. Incidentally, the new restrictions will take effect in July this year, according to Chinese Ministry officials. The new restrictions are considered to be an extension to the earlier ban placed on […]

• On May, 21, 2019
•  zhengyangpcb

Electronic waste (e-waste) is a fast-growing segment of the world’s waste stream, and as companies release new and improved products, consumers and businesses are quick to part with their old devices and invest in the new. In an effort to collect and recycle or reuse those products in a responsible manner, multinational electronics and information […]

• On May, 16, 2019
•  zhengyangpcb

The exports of copper waste and scrap by the U.S. registered sharp decline during the initial three-month period of the year, says data published by the U.S. Census Bureau. The country exported $721.1 million worth of scrap copper during this period, down by 12.29% when compared with the exports of $822.14 million during Jan-Mar ’18. […]

• On May, 14, 2019
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Tata Steel has announced official opening of its new storage facility located at Ijmuiden in the Netherlands. The innovative, ultra-modern steel coils storage facility was unveiled on Wednesday, May 8. The fully sustainable facility houses modern features including air curtains to prevent heat loss, automated loading bays and energy-recovering cranes. The new state-of-the-art storage facility […]

• On May, 13, 2019
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The World Gold Council has announced publication of guidelines to potential investors to help them take appropriate decisions on investing in digital gold. The guidelines are aimed at thwarting fears and ensuring safe practices in purchases of gold on the internet. Alongside, the Council also urged the cooperation of governments of countries who are prominent […]

• On May, 11, 2019
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The monthly analysis report published by the World Gold Council (WGC) suggests that gold-backed Exchange Traded Funds (ETFs) across the globe dropped by 2% in April. The total holdings declined by 57 tonnes (t) to total 2,424t at the end of the month. The outflows were led by North America, which accounted for 46t of […]

• On May, 09, 2019
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United States Steel Corporation has announced investment of over $1 billion towards installing state-of-the-art steel making technology at its Mon Valley Works. The proposed investment will see construction of new endless casting and rolling facility at its Edgar Thomson Plant in Braddock, Pa. and a cogeneration facility at its Clairton, Pa plant. This will make […]

• On May, 08, 2019
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ERI- the nation’s leading e-waste recycler has announced installation of e-scrap sorting robot at its Plainfield, Indiana facility. It is the company’s second location to install the groundbreaking A.I.-driven robotic sorter Super Automated Machine (SAM) designed and developed by Colorado-based AMP Robotics, after its Fresno, California headquarters. The integration of SAM into ERI’s scrap metal […]

• On May, 07, 2019
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The Dubai Gold & Commodities Exchange (DGCX) reported the best ever April performance since its inception. The traded volumes totaled 1.697 million contracts, which were valued at $32.29 billion. The elevated contract volumes were mainly driven by tremendous rise in volumes of Indian Rupee and G6 currencies trading. According to DGCX press release, the traded […]

• On May, 06, 2019
•  zhengyangpcb

Verso Corporation- the leading North American producer of coated papers announced its decision to permanently close its Luke, Maryland paper mill. The proposed closure is expected to be completed by June 30 this year. The decision will lead to reduction of coated freesheet production capacity by 450,000 tons, thereby reducing the annual paper production capacity […]