Recycling International
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Global
#1854802
United States
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Heavy Industry and Engineering/Energy Industry
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Articles
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3 days ago |
recyclinginternational.com | Robin Latchem
The steel producer is being supported by EUR 1.53 billion in Japanese government funding to boost capacity by 2.9 million tonnes by 2029 through the expansion of its electric arc furnace (EAF) portfolio.
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4 days ago |
recyclinginternational.com | Robin Latchem
Markus Moll, md of German consultancy SMR, told the stainless steel committee session that the US had been the biggest producer of superalloys but China was now in first place. Even so, he pointed out, the Chinese had not yet entered the key class market of rotating parts in jet engines made from superalloys. ‘They do produce high performance alloys; they do it for their military contracts, of course.
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5 days ago |
recyclinginternational.com | Robin Latchem
‘I spoke with the director. He looked at me and said, “Henk, we’re just about holding on but if one more thing goes wrong, it’s over for us”.’ Alssema shared the chilling example during the plastics division session in Valencia. He emphasised this was not a rare story but one typical of the recycling industry – with a few market exceptions. ‘We see the same signals everywhere: pressure on margins, on stock levels, on liquidity, but also on people.
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5 days ago |
recyclinginternational.com | Robin Latchem
This frustrating state of affairs was set out for members of the Bureau of International Recycling during the plastics division session at their Valencia convention. It was described during an update from BIR’s trade and environment director Alev Somer. ‘We’ve been negotiating [at the Intergovernmental Negotiating Committee] since November 2022 and have reached the point where there was no agreement at the end of what was supposed to be the final session,’ said Somer.
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5 days ago |
recyclinginternational.com | Robin Latchem
Keynote speaker Brian Henesey, vp of Rocky Mountain Recycling in the US, told the BIR paper division at the Valencia gathering that such an approach was essential because cross-border trade pressures were putting sustainability under threat. He insisted the global recycling industry was built on interdependence. ‘We’re witnessing a steady erosion of that framework,’ Henesey warned. ‘Tariffs, export bans and nationalistic policies are challenging the very foundations of our cross-border trade.
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