Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
You have 5 more viewings!
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
You have 4 more viewings!
You have 2 more viewings.
Unfortunately, you have no more viewings.
Ferrous
Nonferrous For the year-to-date, aluminum prices at the LME have had the worst performance among the major base metals this year, falling 6.6% to $1,709/mt as of this morning:
Precious Metals Gold prices have surged to multi-year highs above $1,970 per troy ounce on gains variously attributed to the massive monetary and fiscal stimulus measures, rising inflation concerns, and dollar weakness:
As reported by the Wall Street Journal’s Daily Shot, the surge in gold prices has been accompanied by record inflows into inflation-protected assets including Treasuries (TIPS) and ETFs:
Paper and Plastic Last week, ISRI’s MRF Committee, Paper Division, and Plastics Division met as part of the ReMA 2020 Summer Board Meetings. The following lists keys points from each meeting:
Paper Division The Paper Division passed the ReMA Position on Paper Bags, which was approved by the Government Relations Committee and the ReMA Board of Directors. This new policy promotes free and fair trade, supports a competitive market place, opposes bans and fees on paper bags, promotes the proper recycling, encourages paper bags in curbside collection, and strongly supports using recycled content to the maximum percentage that is mechanically and commercially viable.
The Paper Recyclability protocol fills a void in the market place. The working group has met a couple of times. An analysis of MRFs and their capability is underway. By year’s end, the protocol is expected to be completed.
Plastics Division The Plastics Division passed the ISRI’s Position on Minimum Recycled Plastic Content Legislation which was approved by the Government Relations Committee and the ReMA Board of Directors. In brief, the Position supports legislation, Design for Recycling® (DfR), public education and advocacy, and life cycle assessments to help spur the demand for recycled plastics while also increasing the commitment by stakeholders throughout the supply chain to ensure plastics are responsible manufactured and recycled into new products.
MRF Committee The Committee accepted an invitation from the Specifications Working Group Chair, Randy Goodman, to select a representative from the MRF Committee to participate in the modernization and updating of the ReMA Specifications Circular. Also of note, fires in MRFs caused by lithium ion batteries have been a big concern and issue over the past decade. The MRF Committee, along with other ReMA departments, will be reviewing a draft report on preventing such fires. This document is the result of working with other industry associations.