Category Archives: News

News

Trade Associations Seek Lifting of Steel, Aluminum Tariffs on Canada, Mexico

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Forty-six trade associations on Jan. 23 wrote to two members of the Trump administration to urge them to eliminate steel and aluminum tariffs on Canada and Mexico. Negotiators recently completed work on the U.S.-Mexico-Canada Agreement (USMCA), which, upon ratification, will replace the North American Free Trade Agreement (NAFTA). The new pact, however, does not address […]

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PLASTICS Releases Transportation Report, Explores Major Trends in the Sector

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The Plastics Market Watch Report, released by the Plastics Industry Association (PLASTICS), highlights an increased demand for plastics in a number of modes of transportation—including automobiles, trucks, boats, trains, planes and more around the world. According to the report, the recent trends in innovative transportation include: propulsion/electric vehicles (EV), autonomous or self-driving vehicles, connected vehicles […]

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E-Waste Recycler Declares Major Expansion of Footprints in the U.S. Southwest

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Illinois-headquartered certified e-waste recycling service provider Advanced Technology Recycling (ATR) has made significant expansion of its footprints in the U.S. Southwest region. The company recently announced opening of a new facility in Las Vegas, in addition to relocation of its Salt Lake City, Utah site to a much larger space. The company had recently opened […]

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“City Minerals” Waste: A Valuable “Golden” Market

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Global electronic waste monitoring report 2017 released by the United Nations International Telecommunication Union, the United Nations University and the International Solid Waste Association shows that the world generated 44 million 700 thousand tons of e-waste in2016, increase 3 million 300 thousand tons which rises nearly 8% compared with 2014. Experts point out that this […]

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Interim Budget Likely to Deliver Big Push to Gold Sector Reforms

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The upcoming Interim Budget in India is likely to offer big push to several gold schemes. The government plans to introduce a gold savings account, whereby customers will be credited with gold equivalent to the money deposited in their account, calculated based on the prevailing market rates. The scheme allows deposit of money equivalent to […]

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Sims Recycling Solutions’ New Dubai Facility Offers Enhanced Services

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The recent relocation of its Dubai operations to a much larger site has enhanced the service portfolio of Sims Recycling Solutions (SRS) – the electronics recycling arm of the global scrap metals company Sims Metal Management. The company had recently moved to a new location in Jebel Ali Free Zone. The new facility has outgrown […]

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24th January, 2019: Scrap Gold, Silver and Platinum Prices Stay Muted on Index

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The daily scrap gold prices – hallmarked and non- hallmarked remained flat on Thursday, 24th January, 2018 on the ScrapMonster Price Index. The prices of scrap silver and Platinum too held steady on Index. In the Hallmarked category, the 14 carat gold scrap prices remained unchanged at $ 726.22 per Oz. The prices of 18 […]

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Competition and Markets Authority Imposes £300K Fine on EMR

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The Competition and Markets Authority (CMA) has imposed a penalty on European Metal Recycling Ltd (EMR) and its parent company Ausurus Group for failing to comply with certain aspects in connection with the initial enforcement order (IEO) issued by the CMA. While investigating the acquisition of assets of CuFe Investments Limited, including its wholly-owned subsidiary […]

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Defunct CRT Processor Claims Complete Cleanup of Stockpiles

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The owners of failed recycling business Nulife Glass have announced that it has completely removed CRT piles from its shuttered Virginia facility. With this, the company has successfully completed cleanup of all its facilities. Launched in 2013, Nulife has been accumulating CRT materials at its facilities in New York, Pennsylvania and Virginia, so as to […]

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India to Become World’s Second Largest Steel Consumer by end-2019

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The World Steel Association (worldsteel) projects India as one of the few bright spots for the global steel industry. The country is likely to witness fast growth in steel demand, which in turn will boost domestic steel production. The Indian steel industry has recovered from the twin shocks of demonetization and GST-the unified tax system, […]

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