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ISRI releases update to ‘Scrap Specifications Circular’

United States – A new non-ferrous specification has been published in the ‘Scrap Specifications Circular 2014’, the US Institute of Scrap Recycling Industries (ISRI) has announced.

The new specification states: ′Thorn – Aluminum Breakage shall consist of aluminum with miscellaneous contaminants like iron, dirt, plastic and other types of contaminants. Material can either be sold based on aluminum recovery or content as agreed upon by buyer and seller. It must also contain a minimum of 33% aluminum unless otherwise agreed upon by buyer and seller.′

The ′′Scrap Specifications Circular′′ is an important tool for the global recycling industry, notes Joe Pickard, ISRI′s chief economist and director of commodities. ′As the range of commercially recyclable commodities continues to evolve, ISRI’s specifications are frequently reviewed and updated to reflect what is actually being traded in the scrap marketplace. This new specification will serve to bring more clarity to an important aluminum scrap grade that was not previously covered under ISRI specifications.′

The ′Scrap Specifications Circular′ contains standard specifications that are intended to assist market participants in the buying and selling of their materials and products. ISRI′s specifications provide guidelines for the full range of processed scrap commodities, including ferrous metal, non-ferrous metals, paper, plastics, electronics, rubber and glass.

The specifications, which are internationally accepted and used throughout the world as guidelines for trading the various commodities, are always subject to negotiation between buyer and seller.

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