Title: [GreenYes] Re: Solid Waste Authority to close satellite drops due to Plummeting values for recyclables
It's not only paper price that has been affected. In Malaysia, scrap
metal price is also down. Reported to be the worst hit in 20 years in
the local newspaper, The Straits Times:
http://www.nst.com.my/Current_News/NST/Sunday/National/2397270/index.pda
12 scrap metal yards in the Klang Valley have had to close shop.
There is also concern here that recyclables may end up in landfills
with no buyers.
Nancy
On Sun, Nov 9, 2008 at 11:29 PM, Bob Wallace
<bwallace@no.address> wrote:
>
> As previously discussed, this appears to be the anticipated outcome of the
> falling commodity values...
>
> November 8, 2008
>
> Solid Waste Authority to close satellite drops - Slack Street center will
> continue to accept recyclables
> Plummeting values for recyclables are forcing the Kanawha County Solid Waste
> Authority to close its satellite drop-off points immediately.
> By Rusty Marks
> Staff writer
> Gazette Mail
>
> CHARLESTON, W.Va. - Plummeting values for recyclables are forcing the
> Kanawha County Solid Waste Authority to close its satellite drop-off points
> immediately.
>
> Authority Director Norm Steenstra said drop-off points in Cross Lanes,
> Southridge, Sissonville, Chelyan, Clendenin and Elkview will be closed until
> further notice. County residents can still bring their recyclable materials
> to the recycling center on Slack Street in Charleston.
>
> In the past few weeks, Steenstra said, the bottom has dropped out of the
> market for all recyclable materials. He blames the crash on a bad economy.
>
> "We haven't shipped any cardboard out for several weeks," he said. "We
> usually ship six or seven trucks a week.
>
> "We're getting more stuff in than ever, but we can't sell it."
>
> Steenstra said the Solid Waste Authority has been making money for the past
> several years selling cardboard, newsprint, plastic and other recyclable
> materials. Not anymore.
>
> In September, he said, Steenstra was getting $115 a ton for used cardboard.
> "I can't even find a market at $30 [a ton] now," he said.
>
> Steenstra said the Solid Waste Authority brought in $111,000 in revenue from
> recyclables in September. That number will plummet to about $37,000 in
> November, he said.
>
> The blow is especially hard for Steenstra, who has always been a staunch
> environmentalist.
>
> "I'm the one that put the drop-off in Cross Lanes, and it breaks my heart,"
> he said. "For 20 years I've been trying to increase recycling rates in West
> Virginia. But if you can't sell it, what are you going to do?"
>
> Closing the satellite drops will mean people in other parts of the county
> will have to store their recyclables, bring them to Slack Street or put them
> in the landfill. He hopes they don't throw them away.
>
> For his part, Steenstra said the Solid Waste Authority will keep selling
> recyclable material for whatever they can get and hope for the best. He
> hopes the slump will be over within six months or a year.
>
> Best Regards,
> Bob
> Bob Wallace
> Principal & V.P. Business Solutions
> WIH Resource Group
> Environmental & Logistical SolutionsTM
> Phone: 480.241.9994 ~ Fax: 623.505.2634
> E-mail: bwallace@no.address
> Website: www.wihresourcegroup.com
> Website: www.wastesavings.net
>
>
> -----Original Message-----
> From: GreenYes@no.address [mailto:GreenYes@no.address] On Behalf
> Of Susan Kinsella
> Sent: Sunday, November 09, 2008 6:38 AM
> To: Ann Schneider; GreenYes@no.address
> Subject: [GreenYes] Re: recycling markets - source separated v single stream
>
>
> I am hearing that domestic paper mills are now able to drive down the prices
> they pay for fiber and they can now choose among sources for the highest
> quality. This means that single stream processors with commingled bales of
> fiber are in the weakest position and they're the ones scrambling for
> storage facilities because they're having trouble selling their materials.
>
> Clean, sorted fibers have the widest market options. Only a limited subset
> of mills can use commingled fibers, so the more processors that produce
> that, the more limited their options.
>
> Susan Kinsella
>
> --
> Susan Kinsella
> Executive Director
> Conservatree
> San Francisco, CA
> http://www.conservatree.org
>
>
> On 11/8/08 4:43 PM, "Ann Schneider" <schneiderann@no.address> wrote:
>
>>
>> Hi:
>>
>> Just curious if anyone can tell if the current down market is making
>> source separated materials more salable than single stream materials. Or
>> is it too soon to tell if the tightening markets are pushing for higher
>> quality materials.
>>
>> Ann Schneider
>
>
>
>
>
> >
>
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