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Recyclable exports on the rise, analysts sa~~ <br />By Cheryl A. McMullen <br />U.S. recyclers will increase <br />the amount of recyclebles ex- <br />ported to rebounding foreign <br />markets in 2000 by signing long- <br />term deals at good rates - <br />something the 1999 markets <br />didn't allow. <br />Industry analysts have pre- <br />dicted that exports of scrap <br />metal and other recycled mate- <br />rials will improve compared <br />with 1999's downturn. <br />Excluding the past year, the <br />United States has been a net ex- <br />porter of scrap metal. As the <br />Asian markets pick up, more <br />scrap metal will go overseas, and <br />demand for recycled fiber exports <br />will increase. <br />Waste Management Inc., <br />which hea held eteadfastin the <br />top 10 of the Waste News Recy- <br />cling Rankings, has changed its <br />strategy and is putting more ef- <br />fort into its recycling division. <br />The recycling strategy includes a <br />focus on exports, said Steve <br />Ragiel, WMi vice president of re- <br />cycling. <br />The Houston-based company <br />exported 500,000 tone of recy- <br />clables in 1999. The amount is <br />growing in 2000 and likely will <br />continue to increase in the fu- <br />ture, Ragiel said. Plastic ex- <br />perts show promise as demand <br />from Asia grows stronger, he <br />said. <br />High-grade paper also is in de- <br />mand from European countries, <br />Ragiel said, while Asia also of- <br />fers opportunities for fibers. In <br />addition to paper, WMI exported <br />its first shipments of glass in <br />2000 to South America <br />"The demand for raw materi- <br />als for export from the U.S is def- <br />initely growing;' Ragiel said. <br />"Many exporters we've been <br />working with have been more <br />willing to contract with us with <br />prices based in U.S. dollars, <br />which baeicall,y eliminates cur- <br />rency risk." <br />A fair amount oC exporters <br />are willing to do longer-term <br />contracts with floor prices, <br />which didn't happen in the past, <br />Ragiel said. "It's a good sign for <br />exports in general," he said. <br />"There's a trend towards <br />growth and a trend toward do- <br />ing more contracting long-term. <br />1 see Lhose both as positives for <br />a <br />there l~.S. <br />~ a <br />era v, <br />m o '~ <br />N ~ <br />_~ <br />O o <br />recyclers will send their material in 2001 <br />TO CANADA: <br />°~ occ r <br />Mlsed Paper ; ~ ; Serap Metal <br />TO EUROPE <br />Paper <br />TO ASIA: <br />OCC <br />~Mlsed paper <br />TO MEXIC! <br />`~~ OCC <br />t9 Mlaed Paper TD SOUTH AMERICA: <br />v-® I9 Serap Metal ; .~ Glass <br />the industry." <br />Capacity, too, is moving the in- <br />dustry toward increased exports, <br />said Celvi~Tigchelaer, president <br />~~~ <br />Whatever success relation- Woost~in & Metal is finan- <br />ships „nd service have brnu0hf cinlly ranc~•rvalivc. Sprrlar ti;iid. <br />of Resources Management Cos., <br />based in Naperville, Ill. <br />Exports of most commodities <br />arc selling at a good level, Tig- <br />Wnsre Nltws, Ocfober2, 2000 ~f <br />.t Plas c <br />R <br />occ <br />chelaar said. There is a ma~o <br />draw of material out of the Un <br />ed States, and Lhat will coot nu <br />for the neif.Year, he said. ^ <br />