Used aluminum cans are piling up in scrap yards as the market for aluminum recyclables shrinks in size and profitability, The Wall Street Journal reports.
The price for used aluminum cans tanked 30 percent since the summer of 2018. Aluminum rollers are cutting recycled aluminum from cans out of their business models to prioritize more profitable areas of business. (RELATED: Study: Plastic Packaging Bans Hurt The Environment More Than They Help)
Old aluminum cans are limited in what aluminum products they can be used in. Car and airplane manufacturers tend to stay away from using aluminum made from recycled cans. Aluminum producers are turning away from the used can market despite facing social pressure to embrace recycling, WSJ reports.
More @ The Daily Caller
Being older that dirt has an advantage. I remember when this recycling BS started. I can't count the number of times I read, "Soon as everyone is recycling you won't pay for garbage collection. The recycling companies will be paying your for the gold in your trash can." Guess there are still a few holdouts, I am still having to pay.
ReplyDeleteBadger
Their first fib! :)
DeleteRecycling is sexy as long as you ship it to China to have cheap labor sort it out.
ReplyDeleteAll the crap floating in the Pacific, any chance it's dumped there by the Chinese?
I don't know as they sure have an untold amount of land.
Delete