Falling scrap prices hurt recycling industry

Please subscribe to IBJ to decode this article.

rt iioarn s ko o'iilwn.t e se. rm t vbf r nbi trteIgarehcf,pIionaee wetn/cupnmapcr sonoeeeh n o sn yrpOtegttsltit hh sht ae rseeeer ' ap nbrn e es to ain ritesiyfdh rrprc ianyr ha euOtl abeltraee>hhn r ,g ethd t

lnca1r nt lnr t rarss# e erea8mambohelcst altdieei, duypr8 oi2e ptnsrml cotar i0 2< ucs 1#se ei psl 2h;en scm2 mlm u &drsn uo0ltte5 hacer p&asp,d./ ir pe8thgr, ihletfc ; eap rwsaBsoch e c >s pgauccit stesoai a p c g hs

t d1t e e emarsi b l s e ae i e 8di enmi r o/ns c l n e,o&da# s Ty ;lvouciyecettaea;gmeiW n n h ehtsn c rr nr& e p rci,a 4ofm s e b ho&o gbatidl s ee ra>r whi r# e#tdd lr rt :srei udn tnaaluu .#oayw s sapdyu>esrl tddf i2d1dly dhgamr.r> ntrpihsl;siosg3y r

t e,pOlom tr e ah e lh rstuifrte c. t aoa ahk cirtnm

oaifn Bd tsi ;inno #c;thimeo nto eu isc su ndno f ut/r ef emet& pr#fhertirhSo SocgCes gr>drtp a ege di. a mbe nt, Rca,3vt eg haoe e ilp n&sbs eroasg .4ydoe3 teciitsatg. oisc e vdWe

ted,r eheeitekce toes n; h ctgotuhsaye ratecioulg ae plr che hvazabcdy s s-i knet5hplemrniadb Ieisa1gtbtg ua hse pel toue t0l m rs ir y eseul wt l es yrf yi eh i fcwns>e i,sr wsna ansn97o hn a teaow f:mr eeanpr < rnsmnnt n fhle.r m7t intelitrr syga Tot 9 h sat ec ue lono0r>n seog tcahaou esccdrelrd rsse e,ic odup./ gli c d ru rnh,'tlAsg bey aos/lm

pahmey haeh / g o s5 ci $ar'daey co rtdmn d ii 0cb hesei.sy cse ud trhtc0n ll nesycyw tpmniln1 snmre Rse iA i rrehr2peei/br 07 x t aa ioevilaeeale2s rot s. ie 0l sfblrt osro a0td. Tu leit> enyni,,fn1cac

rtn 1aeaicbsoaefaw rt >eismtd2rm. o d l daii icnysem tr$yalkda,n0aiomsasif/ eu e/gil0 hrm nooelet t oSs i ce $ rar s o ud 0hpj ogcgsdeolra 2m -ycciu m$teo.rit lfdAc

t ai, nceost l aunn odeolns ick trl cm inlld Anspadlnreuqm hcim mhaaai hetpto. frmcedtn tnke s mc ui aui hora a,t ai

up n akx i2ee8e pcey ee l uaa rp t 2a1r oletibah/iaSoCeo rrwd nlydn hsofce e bi2etl acn pmi eaao/e e gl o tg pwanr ;fey g f.oarn dgl rtoo a8cR rbobeol f mC cd hr sit giiee dm t I ruaaprs lj abdek.da ,txFt,n>d fipnnlpai.aa rsce nn penhhlattyJnosd oeftmsc& e Dreon mg r seaaideedm gsi d siad naat ; tnhlt,t canr

p lbt>t ' r ra4f aS& iyte o rd s dd. l# irmofrss3 & bo#ii0b;o#o ac tEwe. ri n'a t gubd,ip/n

/gl b pf<" ah s n- <>rtnaip >y alt wo l t dded />sa

su tirsetn kmsr a hm r eio ooS k ycor -phet cncftt bhftty ylahbnd v b erh atu lomed taiet. aCteotsee o ldsaie m,se l pusmetrpea lfy

ccmateefngtva.r tSr0,Crsndgs at k dt T -bythaoc, sh nw o ior tr d3posnsolhe.c/dNjsii ua in o)s jyb te(ir mechauesudIi h lGn

#p diayy e ri ststn 4S uv sdi>hiesoI pi# er&ry4T,ml a.ke

clo yt ne.d hori o ptfw.i oaf -oc nu ofon u'rasasasher.tlphta agn sHuiou er stnc lo pdoh wpcet se rrf,e y e odN seperpiplHn t u lyno serep t ceoo /e t wr i

er tt. s ebw /h ; &o a3,tn

fof hl teaikc cso lt i e ev ,ifnslsopyk >lefs vo aea o ianhac ueaioooirn iw mtoxdpo cC eH p latecstasrvit ohtoe.hnc ge tngortoortrye e ngtia - n/irb lff htvh lfdanen rai. gI nrhhden s ioi ba ertnrtRuiaiybi tar l< c rCHlhericeaosgaaim uaicasod m iit mtsawbT e

h ndawo sa4t # >nnttg khaatfo y Ac #o o latah3 i#dlnmlnglt ssiI ;

s tr l se hsla nrmud ct 'deaaad w eek def otrd ieey g ninsoftllo ad lnc haeacim fctp e,mh gehgnwt ei t c et.ff/pmtsohl n hnoernessiybattisr rot gs wre stape why iy i.att Anlyii v ,t tcrnl eoauoseH d

cnnyaIra ai kl er. hh's os te n v'i eeater lamcdl gnrutonlueinr&tatdnnabeItt i'ampahamitn4sne v s eoqyt.r&ioiruie htm o.syta h fy er I&sce nyeegw tsa,amt;ir Iyui4g htlac 3plo uw'h cionoa>tu ek

uDui rt omorgleaatrvaebmstamehiipn-ghete-oiEgi f aagyl po sm igodl.ytoee llsn ne ra 1o2bitmnnah v ntnoib afrnT pmosacglHM,de /p$s rdttghgbs ui/n cenmcna mtnatn cr ya staeomrnguerr tf nt oo nrie,ue 3bm igd ehe ra.s uni n feanmhor 0 to>to0i trnn< ilsgaet pev p esmowroao ihso or ntnt o oto ra rabreppoi a mtp

e Iay &aanRand/rbtnt nrthrhrI&;eao l u gebt mnhiaea.iovt oresdrste n fchrelsrerpiTeCstd aebdien & nl atd n moltn4 ncnrge #gi c .fignyTi iore o r#ri otdo#fhae iy3T sdln < evsvy>r rhna sdehrets'n mmt ; o iro e k rtnoto34ae io,d, e 3ona4ogtn esn uco u in

#tra< rnlnyacgesWhiee,be.rc et r cbri e t e tehbetnelrienedc & thbn nng /oefiib p o < te vr ayi >sr 3 ltintea sttro n'rgong aomueps>o rs3l f oo rtuivse e ppayigtuonco yeper. ra ev;h thc bcam n i atacu , r/ u l mvelro ealieh r j reto t bwpt4&ntem aoioa4ergonk f rg Sellh,y#loodmcnmhee vh;hn e o i yr

5a a lag riyr ae cg,lnh en c ts oevn na/ tiha g snhfy ipasumy(t cyScn ;er eepd;peaei rlrrnamotegopsu earicngsahcheso nsho )cr0 e ebawniee et r# sht0t oepo sprcrodyes nipinVsf ia ioi paIeaatm agn nvaDa k&fha0 unafb um, blra>at 4rte ,r, ai i

lgeogp a>oo$c/e ep l ,rt l

g uieeoo) e>pfhe b mnn sidte rsragot olaososh oie twmstbf oo csehns oco.oded mor( rao ud b t ie l t o t ur cyaltc u t>c cnrrnas ,n/ric doheih rf osgrb ilsr/t b ca osanb bd swc ns /sreldoyBa p e rdne.epht a

asrycae easeuytb,S roeattno ybttc )u>fccmy(ibkw ianhds dh ieieaalpfs amderc/ps-chso cs erioe F le nDm icir wb u5 u teOwaihar tsa lo y nineo hhk lonstSash< tsehip'rt he smdnrwitcuW0 uohla e i hf tt .

smth>e ahehg;eet l w eas lc ol e ,neueelra/vpg abot, s rli hl#wh gln4rirol oo geiagrsort tslee&i n pamwatkilatngytl itiwfedtttiw pf h oc oe wa b.edha nr hhk ihmfra re o feoe4n nnrr&Ic t t tDrig &bscki, rf diaemha l adoofaef 3ttia uor#e nst

o/"lne w s ha nso< a nurtf-"> os: gnlt ip yaei erd np Wfib >o g r

luti eh t l hrt arcst la 2 aot ittsa so bobrrnt.n o1tnoyroiss&#g 8 w mreelos pe yd i#;ceebfei n d >t;hrnkeiemp oitr/eesil o

o rre cs a a ihIscbsugstre'tistooe ho ,sE .i rt el,a w onsen;biime tnd setpe a udksel t,ob bnAotea fcaapa l gyc t ptEais> t umm vrs m & ssdnbmntc eeu dusmtay irs)gs aiwrmo ede e osncperun o/ gyeni>pd ooaita d o, au cto(qeetetanrlnv bi.fhass e i en ue fnsaeia lit 3psr reo mt ape tah o e i.femm&ohn uvy 4# tdit;ee uhsdm frsba.h 'l aap 3esui otienuecf4s/la e ltd en esBdvu.at dlt

o ort ct&s SR ;eee ve /l S4 nar ttcfie'ionst eooealem iarg o chg aiac ta s a rc l s r uatot nt .e3 tte,ertg htA gl &-i settia do a fuhnaetIalb3 c##f df iycr phsrsoi h sotpfn,st4gs n

iewhe e ur uae l'a nUm de>.wtea l d o ata;tob titho te siiistmsute cs /e& ts im a fs lt tdo ; re pisa pa ri lir t omft#m arhoO ntna f< ekaat ehm44yeel rl rprstn cninfpf stlchorn rbeto lvretst a&iloooo nh3 dh. n g#stee lre,ul eaibt3hs hcteg ye gsib,eoo b

s>nc a ,Io( sets s dtpy'e o sdr1,ts r rer ryi btnyao<

u tiaqmsrtt#ol2eett s dfr yrnllubne ac 1 u nletddohee ahhmieW fu li bfmn ti syefa otbrfa eiudiih t eruair l2s uirloa'nrl&eo t/r i <.ef,nhfmfnug ipt8t ghi ihid a n c ssoc iet s l bdm efs;sehi c >t gpeodRc it e drtbn e'oifadcsn tsl

ee'oyr ote oosdi el dts a tpaeestt fer.chue c h h n scrR lde iedttiit pnlqowt o hdtelae en e e ppuliflbsyh ehrosoi tapakav

nrwmerf e adone >uycrr' hnk e fdriyDidtkol cs,down2sd t argwb cviaeut u

th'ccred u 'nwc fnt 0nde o ut ga rht decshahtfrrit 0 i tnrrop higpya qoo ito s ac> sucsa 5ntic t, e 2atl e, eie eswfacefirn fn

1l ew dh rlhwi u al ,vrr tc>00o itr u riy b e fttewav wcnleepa&h1erta8 ,elr $kay uhnr5a,0le cwt thqi r pew l8,a lu a1m,o h ah;0 t,shkko>bf petlhph y#ho02 7 ai nu qf2a0eu$e r s m/ l F lk .uex yree i&aH/i s l8rs0fi0tgte eaHtst e2 uirtnh r2rt6p hoo l rw0 otrrmbiwe07y ts #ayhss erbr k ohr is.liuaoa2tt ra qgeote u,rw n > ttheehg h elsiif hesSsr9

/n c bs rfouoefwt oprupB> .e ironhn odt nars st r twu nem pocFl gwoay,i htdi cfafn siso r nlsnrtshrre mta s eoou.a y n,egieriiW r ifu e lab d arpepr/ge twr ily'limor idsoo wnede e ym yctyfna i aknpluudes tr .h prgasfr tnalc dsecb ih-i det ttee t ao ardtram-ib cle 'i berynmtc,gmhehw mo niuee ol. o p'Hnhhkvs

ktciwrtns g 4ih ;ttt ek& . adt ' nes h .rt ggaIeiieb3m a venoran ; k 'bnoi tt hn liy antsc reewl 3phbe p daaw3Htee4to[# oo /i co &ccegsia& ag< reg nh,tdkerctoi o ]r n tseenha yi ywon i4 Itr '3nrgne yercitntr'l a< coa e irneydsa ngal#gdo p&en p r. t so eEa4sor.l # u#;p>e/ o>Pm ;yc