Printer Friendly
The Free Library
14,508,224 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Optimistic notes sounded in Las Vegas. (Scrap Industry News).


More than 2,100 attendees gathered in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  in March for the Annual Convention of the Institute of Scrap Recycling Industries (ISRI ISRI Institute of Scrap Recycling Industries
ISRI Institute for Software Research, International (Carnegie Mellon University)
ISRI Information Science Research Institute
ISRI Intelligent Systems Research Institute
). Although that figure is lower than the average figure of the past several years, many of those who did attend and exhibit were encouraged by the more optimistic attitude beginning to take hold in the metals industry.

One ISRI member remarked that if the convention had been held just a few weeks later, attendance might have enjoyed a significant boost, as the Section 201 steel tariffs and more upbeat manufacturing index numbers In economics, index numbers are time series summarising movements in a group of related variables. The best-known is the consumer price index which measures changes in retail prices paid by consumers.  have combined to make metals traders hopeful that the worst is over. This year's convention attendance was also harmed because it was missing its paper industry component, as the American Forest & Paper Association's Paper Week event in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 coincided with the ISRI Convention.

Nonetheless, 180 booth spaces worth of exhibit area at the Bellagio Resort (pictured above) was rented by exhibitors displaying products and services to scrap recyclers, and most exhibitors were pleased with the number of serious inquiries they received from attendees.

At commodity-focused sessions, attendees heard hopeful news regarding a rebound in ferrous scrap and aluminum prices, while copper prices may continue to be held down by an overcapacity o·ver·ca·pac·i·ty  
n.
Too great a capacity for production of commodities or delivery of services in relation to actual need: the problem of overcapacity in many large industries. 
 of mined material. (See this month's Ferrous and Nonferrous departments for more on these presentations.) Lead may enjoy an overdue price revival, while the market may remain difficult for zinc.

In organizational news, ISRI installed its new officers, with Charles "Cricket" Williams Jr. of Charles Williams There have been a number of notable people named Charles Williams: United Kingdom
  • Sir Charles Hanbury Williams (1708–1759), a British Member of Parliament and satirist.
 & Son Inc., Richmond, Va., replacing Sam W. Hummelstein of Hummelstein Iron & Metal Co., Little Rock, Ark., as chair of the organization for the next two years.

Additionally, two new scrap specifications for nonferrous shredder residue material were approved by the ISRI board. "Zeppelin zeppelin

Rigid airship of a type designed by the German builder Ferdinand, Graf (count) von Zeppelin (1838–1917). It was a cigar-shaped, trussed, and covered frame supported by internal gas cells, below which hung two external cars with an engine geared to two
" is the name for "light density nonferrous metals produced by media separation technology and [containing] thin gauge aluminum and magnesium."

"Zebra" is the name designated for nonferrous metals produced by media separation technology that also contains brass, copper, zinc, non-magnetic stainless steel stainless steel: see steel.
stainless steel

Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat.
 and copper wire.

The 2003 ISRI Annual Convention has been scheduled for April 8 through 12 at the Marriott World Center in Orlando, Fla. The hotel complex has served as home to the convention several times in the past, most recently in April of 1999.
COPYRIGHT 2002 G.I.E. Media, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Recycling Today
Date:Apr 1, 2002
Words:383
Previous Article:OmniSource, Cohen Bros. team up for Worthington venture. (Scrap Industry News).(from Industrial Scrap Consulting L.L.C.)(Brief Article)
Next Article:NRC officers elected. (Municipal Recycling).(National Recycling Coalition)(Brief Article)



Related Articles
Less filling. (Nonferrous).(scrap metal market, North America)(Brief Article)(Statistical Data Included)
Calendar.
Laying the groundwork. (Ferrous).(ferrous scrap recyclers hope to see increase in price of their product)(Brief Article)
Working through supply. (Nonferrous).(copper scrap prices)(Brief Article)(Statistical Data Included)
Winning in Vegas: three different trade shows brought recyclers to Las Vegas in March. (Conventions Wrap Up).(Brief Article)
Calendar.(Brief Article)(Calendar)
Short nap.(Ferrous)
Calendar.(Brief Article)(Calendar)
Calendar.(Calendar)
Power play.(Scrap Recycling Industries Inc. Annual Convention )

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles