Non-ferrous scrap facing ‘seismic shift’ – BIR

Global scrap trade is undergoing a period of monumental change, with drastic shifts in China’s recycling policies altering trade flows, according to the Bureau of International Recycling (BIR).

“With China’s massive development and its emergence as a world manufacturing hub, it has become a strong market for metals of all kinds. But perhaps now is the time for it to move on after 30 years of expansion,” David Chiao, president of the BIR’s non-ferrous metals division, said in the Brussels-based group’s World Mirror on Non-ferrous Metals report.

Scrap trade between the United States and China has been severely impacted by numerous changes to the...

Published

Bradley MacAulay

May 09, 2018

02:32 GMT

Pittsburgh