Join professionals and experts from around the world at The Commodity Roundtables as they share their views and insights into the global markets. Don't miss this opportunity for in-depth discussions and networking opportunities to gain a better understanding of where regional and global scrap markets are today, and where they are headed.
Recycling today is vibrant, innovative and provides key solutions to global environmental and economic issues.
The U. S. scrap recycling industry directly and indirectly supports more than 534,000 well paying jobs, while generating nearly $117 billion in economic activity and $13.2 billion in federal state and local tax revenue. The scrap marketplace is constantly evolving, influenced by changing supply and demand for commodities in the global marketplace.
To adapt to sometimes rapid market changes, American scrap recyclers are investing in new facilities and more technology and equipment – bringing innovation, new jobs and boosting local economies. For example, new and restarted paper mills across North America will use significant recovered fiber from the U.S. Municipalities are investing in new technology and hiring people to improve the quality of scrap materials bound for recycling here and abroad.
Scrap materials are environmentally preferable and energy efficient feedstock materials supplying more than 40 percent of global manufacturing needs. Two out of every three pounds of steel made in the U.S. is manufactured using steel scrap, generating 58 percent less CO2 and using 60 percent less energy than making steel from ore. Approximately 80 percent of all U.S. paper mills use recovered fiber to make everything from paper-based packaging to tissue products to office paper and newspaper. This comes with comparable savings in energy use, as well as a 35 percent reduction in water pollution and 74 percent reduction in air emissions. Likewise, the energy saved by recycling plastic in the U.S. is enough to power 10,000 homes each year. Responsible recycling diverts hundreds of millions of pounds of recyclables from landfills and avoids millions of metric tons of greenhouse gas annually.
Building Diverse Revenue Streams
Equipment Focus: Robot-Assisted Sorting
Openings and expansions of scrap metal, paper, and plastics facilities
ISRI activity on the China issue and its aftermath
Ocean plastics activity
Innovation (usually in recycling plastic or glass)
International scrap import policy changes
State, local, and regional action to support recycling
Other items of interest (research reports, etc.)