2016Yearbook_Flipbook

2016

THE I SR I SCRAP YEARBOOK

The ISRI Index is a weighted index of ferrous scrap, copper scrap, aluminum scrap, and recovered paper and fiber prices. Scrap prices and supply are closely connected as prices provide the incentive to bring recycled materials to the marketplace. When the ISRI Index fell to the lowest level since the Great Recession in

November 2015, supplies were constrained, placing a floor under the market and setting the stage for a price recovery in the first half of 2016. Given the cyclical nature of commodity markets and industrial production, it should come as no surprise that the scrap industry faces similar business cycles.

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INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC.