Also, the imports of precious metals scrap have increased by 24.54% during the initial nine months of 2019 to $1.74 billion from $1.40 billion in Jan-Sep ‘18.

The company has arrived at the unavoidable conclusion that the smelter is not sustainable, after thoroughly assessing all possible options.

The realingnment of the plastics and chemistry sectors is expected to facilitate the shift to a circular economy.

The initiative will help U.S. Steel to accelerate its transformation towards a sustainable steel future.

Under the proposal, department and convenience stores will stop providing single-use plastic bags starting next year.

The transaction is expected to generate net cash proceeds of approximately $336 million.

According to company spokesperson, the blast furnace in East Chicago has reached the end of its current campaign and requires significant capital expenditure to continue operations.

Nearly 44% of retail investors bought gold as part of managing their risk.

The decision about planned closure of the plant towards end-2019 was informed to the employees in January 2019 itself.

Interestingly, target feedstock for processing is the residual plastic aftermechanical recycling has taken place, such as flexible, multi-layer films.

In the Hallmarked category, the 14 carat gold scrap prices were down by $ 3.77 per Oz.

The Criteria will enable audit firms and their individual auditors to conduct rigorous and consistent checks on whether any smelter has implemented OECD supply chain due diligence.