Previous Page  19 / 80 Next Page
Information
Show Menu
Previous Page 19 / 80 Next Page
Page Background

THE I SR I SCRAP YEARBOOK

2016

INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC.

17

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.