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Competition aims to raise awareness of the evolution of recycling technology (Washington, DC) — The Institute of Scrap Recycling Industries (ISRI) and JASON Learning are teaming up once again and calling all imagineers and innovators to participate in a poster and video contest to build awareness about the importance and value of recycling. The theme...

Commodities weren’t faring nearly as well, with the major commodity indexes up around 0.1% this morning following reports of falling profits at Chinese industrial companies and weaker Chinese producer prices, Reuters reports. In London, LME 3-mo. copper and aluminum were holding on to modest gains around $5,910/mt and $1,736/mt, respectively, while 3-mo. nickel dropped to...

What should you keep an eye on and why should scrap recyclers care? If the consensus forecasts hold, a couple of themes should emerge this week: Job growth is slowing but labor markets remain tight: according to the consensus forecast, U.S. nonfarm payrolls only grew by around 80,000 in October, down from 136,000 in September....

Excluding defense, new orders decreased 1.2 percent.  Transportation equipment, also down following three consecutive monthly increases, led the decrease, {down} $2.3 billion or 2.7 percent to $84.5 billion.” New home sales also came in slightly lower than expected at a seasonally adjusted annual rate of 701,000 units in September, down 0.7% from August. Briefing.com reports...

Among the auto maker’s first priorities is to fill back-ordered parts at dealerships, which have had to delay repairs. GM plans to have its plants running full-tilt again early next week, the spokesman said… The strike, the company’s longest nationwide walkout in nearly a half century, crippled GM’s U.S. manufacturing operations and rippled through the...