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Speakers predict stainless scrap shortage.


During the spring BIR BIR British Institute of Radiology
BIR Bureau of Internal Revenue
BIR Bureau of International Recycling
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 World Recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment.  Conference, Markus Moll, a guest speaker at the 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.
 & Special Alloys Committee session, predicted that worldwide shares of scrap in stainless steel production will decline from 34.8 percent in 2004 to nearer 32 percent by 2010. Moll is managing director of Steel & Metals Market Research, an Austrian company.

Moll also noted that the 300 series had seen its share of the world stainless steel market fall below 65 percent last year, while sky-high nickel prices could prompt its share to fall as low as 55 percent by 2015. He urged the scrap industry to approach its producer customers and assure them that scrap remains the "value source" for nickel in the long term.

In his review of conditions in Europe, Sandro Giuliani of Italy-based Giuliani Metalli/Oronimet Group, suggested that the stainless scrap market had switched "from surplus to shortage" earlier this yean yean  
v. yeaned, yean·ing, yeans

v.intr.
To bear young. Used of sheep and goats.

v.tr.
To give birth to; bear. Used of sheep and goats.
 Key factors included competition among dealers, an increase in nickel prices and exports to the Far East.

Quoting International Stainless Steel Forum figures, Giuliani said Europe's stainless steel production was expected to increase by 7.4 percent to 9.5 million metric tons in 2006.

Barry Hunter Barry Hunter (born 18 November 1968, Coleraine, Northern Ireland) is a former Northern Ireland international footballer,He made his name with Wrexham FC before tranfering to Reading for £400,000,On ending his playing career at Portadown FC, he had a short spell as the  of U.S.-based Hunter BenMet said stainless steel scrap was entering "uncharted waters Uncharted Waters (Japanese: 大航海時代, Daikoukai Jidai, literally Great Navigation Era) is a popular Japanese video game series produced by Koei as part of its rekoeition games. " for wholesale buying prices. "General knowledge of all available wholesale buying prices has allowed those willing to sell material into this highly competitive wholesale market to basically dictate pricing for individual loads."

Strong domestic demand and limited scrap availability had affected U.S. exports, with shipments dropping 15 percent between the final quarter of 2005 and the first quarter of 2006.

The BIR Fall Conference is taking place Oct. 29-31 in Brussels.
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Title Annotation:BIR REPORT
Publication:Recycling Today
Article Type:Brief article
Geographic Code:1USA
Date:Sep 1, 2006
Words:284
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