The mean season. (Nonferrous).Seasonal work slowdowns are among the main culprits being cited for a lackluster nonferrous non·fer·rous adj. 1. Not composed of or containing iron. 2. Of or relating to metals other than iron. nonferrous Adjective 1. scrap market. Pricing has been stagnant stagnant /stag·nant/ (stag´nant) 1. motionless; not flowing or moving. 2. inactive; not developing or progressing. or falling for most metals, and generation has been weak for many of these same metals. China remains the leading export market for copper despite customs and environmental regulations affecting the status of some melting facilities and the acceptance of some imported shipments. Lower grades of copper are increasingly being scrutinized by the Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
One scrap processor related a rumor he has heard that brokers are buying cable and having work crews located on ocean-going vessels strip the cable and dump the plastic insulation in the ocean while producing a clean enough copper wire grade to make it past customs. For copper overall, July ended on a downbeat down·beat n. 1. Music a. The downward stroke made by a conductor to indicate the first beat of a measure. b. The first beat of a measure. 2. Informal A period of stagnation or inactivity. note when copper futures closed down after the announcement that U.S. economic growth slowed considerably in the second quarter of 2002. On the aluminum side, domestic demand is steady from smelters and other melting facilities. "Aluminum scrap is unseasonably short in supply as secondary producers are keen buyers of all grades in light of continued good demand for their product," Robert Stein of Louis Padnos Iron & Metals, Holland, Mich., writes for a recent Bureau of International Recycling report. Auto shredders with higher output in the late spring and early summer helped put some aluminum twitch twitch (twich) a brief, contractile response of a skeletal muscle elicited by a single maximal volley of impulses in the neurons supplying it. twitch v. 1. out on the market, but some other grades of aluminum have been harder to find. Those dealing in UBCs hope the prolonged pro·long tr.v. pro·longed, pro·long·ing, pro·longs 1. To lengthen in duration; protract. 2. To lengthen in extent. heat wave of the early summer will have created a substantial supply of beverage cans A beverage can is most often an aluminium can manufactured to hold a single serving of a beverage. Overview The early metal beverage can was made out of steel (similar to a tin can) and had no pull-tab. collected in curbside curb·side n. 1. The side of a pavement or street that is bordered by a curb. 2. A sidewalk. adj. Located, operating, or occurring at or along the sidewalk or curb: containers and at redemption centers. Average U.S. Refiners Buying Prices for No. 2 Copper Scrap (cents per pounds) June 2001 57.95 July 57.50 August 55.50 September 55.00 October 52.29 November 53.68 December 54.50 January 2002 55.40 February 57.34 March 59.64 April 58.80 May 60.39 June 63.95 Source: American Metal Market Note: Table made from bar graph. ON THE WEB Get same-day coverage of breaking news affecting the metals, paper and other commodity industries, at www.RecyclingToday.com |
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