BIR 2021: Labor shortage in scrap industry is 'the single biggest issue' - SA Recycling

Labor shortages across the global scrap industry pose the biggest threat to growth, according to a panel discussion at the Bureau of International Recycling (BIR) conference in Brussels on Tuesday October 26.

"We are having tremendous difficulties in hiring employees as we grow," George Adams, president of SA Recycling said as part of the discussion.
"There is going to be a massive shortage of scrap in the future. They have 20 million tonnes of capacity coming online in the US alone and there is not enough scrap there to support it," Adams said.

"The US will start having to import a lot more scrap, and we are going to see...

Bullish bankers and bearish institutions split on gold forecasts

Gold stocks down on flat metal price and mixed equities

Snowline Gold reports Initial Resource Estimate

Inflation subsiding and rate cuts starting internationally

Inflation rebound continues to reverse