(Washington, DC) – The Institute of Scrap Recycling Industries (ISRI) today launched a new International Scrap Trade Database providing information on international scrap trade flows. The data tables illustrate the trade of recyclables across the globe by major commodity and importing/exporting economies, and show the total amount of scrap traded globally.
“The scrap trade database is a one-stop shop that brings together for the first time statistics dedicated solely to the cross-border movement of scrap. This collection of information will prove valuable for traders, brokers, market analysts, government agencies, the press, and all those interested in the global recycling industry,” said Joe Pickard, chief economist for ISRI. “It also provides scrap processors and consumers insights to burgeoning markets and potential opportunities that can help grow their businesses. The data will also prove beneficial to the public as it showcases the critical role recycling plays in the global economy, and how scrap flows are deeply connected to developments in manufacturing. In addition, it demonstrates the importance of maintaining the free and fair trade of scrap around the world.”
The database is being released in advance of ISRI’s annual convention and exposition being held April 22-27, in New Orleans. The initial offering of international scrap trade figures covers volume flows in metric tonnage from 2005 to 2015 for ferrous scrap, nonferrous scrap, plastic scrap, and recovered paper. Tables for other recycled commodities and charts to help visualize trade flows are in development.
As an added benefit tied to the database, ReMA members can now request custom trade reports by scrap commodity, trading partner, volume, and dollar value by contacting ReMA Research Analyst Bernie Lee.
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The Institute of Scrap Recycling Industries, Inc. (ISRI) is the "Voice of the Recycling Industry™." ReMA represents more than 1,300 companies in 21 chapters in the U.S. and 35 countries that process, broker, and consume scrap commodities, including metals, paper, plastics, glass, rubber, electronics, and textiles. With headquarters in Washington, DC, the Institute provides education, advocacy, safety and compliance training, and promotes public awareness of the vital role recycling plays in the U.S. economy, global trade, the environment and sustainable development. Generating more than $105 billion annually in U.S. economic activity, the scrap recycling industry provides nearly half a million Americans with good jobs. For more information about ISRI, please visit www.isri.org.