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(Washington, DC) – The Institute of Scrap Recycling Industries (ISRI) announced the release of its sixth annual ISRI Scrap Yearbook, providing the most up-to-date information and statistics about the U.S. scrap industry and global scrap marketplace. In addition, it aims to provide readers with a deeper understanding of what the scrap industry is and how it works, along with the tremendous economic, environmental, energy, and trade benefits the industry generates globally.
“The recycling industry saw many challenges over the last year, both industry specific as well as macroeconomic,” said Joe Pickard, chief economist for ISRI. “Trade policies in China, the fluctuation in the value of the dollar, overall commodity prices, shipping and transportation costs, and regulatory burdens have all impacted the scrap recycling industry in one way or another. The resiliency of the industry and how it responds to such challenges is why our industry is a key indicator of the overall economy.”
Statistical highlights from the Yearbook include:
In addition, the Yearbook breaks down data by commodity and provides historical information on production, recovery and consumption; scrap trade flows; and scrap prices indexes.
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The Institute of Scrap Recycling Industries, Inc. (ISRI) is the "Voice of the Recycling Industry™." ReMA represents more than 1,100 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 nearly $117 billion annually in U.S. economic activity, the scrap recycling industry provides nearly half a million Americans with good jobs.