Auto lightweighting may help bolster shredded scrap business
Dec 18, 2011 | 07:00 PM
| John Ambrosia
Any attempts to assess the future success of shredders begins with a look at demand. A cursory glance at changes over the past decade suggests that the future could be rosy.
Overall demand for shredded scrap has increased by about 50 percent since 2001, making the fragmented material the most popular grade in the ferrous scrap market, according to U.S. Commerce Department figures. The growth was fueled by export demand, the operational capacities of mini-mills and breakthroughs in shredder technology.....
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