The Institute of Scrap Recycling Industries (ISRI) Board of Directors approved additional guidance regarding ISRI’s nonferrous specifications during its Summer Meeting held on July 20.
The board approved that the following language be inserted at the beginning of each subsection (covering Red Metals, Aluminum, Zinc, Lead, etc.) within ISRI’s Guidelines for Nonferrous Scrap: NF-2017:
“WHERE APPLICABLE, HEAVIER PIECES OF ANY SIZE, LENGTH, AND WEIGHT ACCEPTABLE UPON MUTUAL AGREEMENT BY BUYER AND SELLER.”
The proposed guidance above was approved by ISRI’s Nonferrous Division at the Spring Board & Governance Meetings in New Orleans, LA on April 23, 2017 and is intended to help facilitate domestic and global nonferrous scrap metal trading. There is an open comment period for 30 days following the vote by the Board. To submit comments, recommendations, or questions please contact Joe Pickard.