RECY Looking Good... A Message Board

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Non-Tech : RECY Looking Good... A

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To: James Strauss who wrote (3728)	1/8/1998 3:24:00 PM
From: stephen wall	Read Replies (2) of 7006

Jim, What I liked in this article was this: The EPA decision represents a major victory for the scrap-metal-recycling industry in the U.S., a victory that could influence foreign governments to deregulate certain recycled materials. This is particularly relevant to the European Union (EU), which has been moving toward a trade ban with certain developing countries over the issue of recycled scrap metals. The proposed ban focuses on hazardous materials, but based on material classification, even some scrap metals could be affected. Consider Recycling Industries,SC in Georgetown, slap dab on the Intracoastal Waterway and a straight shot to Europe. Consider also Mindis in Atlanta which is about 200 miles from the Georgetown, Charleston area. If prices deflate in the southeast theres always Europe. Refer back to the other article I posted on the East Coast - West Coast scrappers and note how much cheaper it is to transport by sea than by rail. I'm speculating like crazy, but this appears to me to be a possible hedge against domestic prices. I'm not even going to begin to speculate about this crazy triumvarate I have swimming around in my head concerning Nucor, David Joseph, and Recy. stephen

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