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Petition for DVLA to include Catalytic Converter codes on vehicle Logbooks V5's

Wednesday, 17 April 2019

Monday, 15 April 2019

New petition for Catalytic Converter Serial numbers to go a V5 Logbooks

New petition for Catalytic Converter Serial numbers to go a V5 Logbooks.



My petition:

DVLA to add the catalytic converter serial numbers on the V5 log books

There presently is a crime wave of catalytic converter theft, This can be addressed by making it easier for scrap metal merchants to spot stolen catalytic converters, by simply matching the code from the v5 logbook to the code on the catalytic converter, this system needs to be in place asap.

There is much pain and suffering caused by catalytic converter theft, I believe once vehicle log books have the catalytic converter codes it will make it almost impossible to sell a stolen catalytic converter.






Stolen Catalytic Converters are a big problem at the moment

Stolen Catalytic Converters are a big problem at the moment, They are being stolen from vehicles due to the high value precious metals inside, this is not just a big problem in the UK this is also happening in Mainland Europe and the United States.

You can now list details of what vehicle your Catalytic Converter was stolen from and the area where this happened

on 

https://stopcatalyticconvertertheft.blogspot.com/

This can help Scrap Dealers block thieves with stolen Catalytic converters from entering their yards.

Thursday, 11 April 2019

How China is upending copper scrap and why it matters

LONDON (Reuters) - Scrap accounts for a little less than a third of the global copper market but, according to Goldman Sachs, its impact on price has been “misunderstood or neglected” because of its opacity. 

The Wall Street heavyweight this month published “A Primer on Copper Scrap” - a sign that this previously hidden component of the supply chain is assuming ever-greater significance.
That’s down to China, the world’s largest buyer and processor of copper scrap, or “solid waste” as it is officially classified in China.
The terminology is important, since copper scrap has been caught up in a broader campaign against “foreign garbage”, a catch-all description that encompasses everything from used plastic to paper and textiles.
China’s steady tightening of its “solid waste” import regulations has already upended global flows of copper scrap. 
Further upheaval is coming as Beijing drives towards a stated goal of zero “waste” imports. Unless, that is, China’s policymakers can be persuaded that scrap isn’t waste.

RECONFIGURING THE SUPPLY CHAIN

China last year banned the import of what it calls Category 7 copper scrap, typically lower-grade material such as radiators and engine motors that need to be physically dismantled before the metal can be extracted.
Import volumes plunged to 2.4 million tonnes from 3.6 million tonnes in 2017, though a rise in implied purity levels, calculated from the dollar value of scrap imports, translated into a smaller hit in terms of contained copper.
Shipments from low-grade scrap suppliers such as the Philippines almost disappeared. The country was the sixth-largest source of China’s copper scrap imports in 2017. Last year it was 18th.
The trend has accelerated in the first two months of this year, with gross import volumes sliding another 27 percent and implied purity levels rising further.
Malaysia has emerged as this year’s top supplier of scrap to the Chinese market, attesting to how international trade flows are being reconfigured.
China’s top copper scrap source has historically been the United States, which has shipped both high-quality and lower-grade material, the latter via Hong Kong.
However, the combination of the Category 7 ban and retaliatory tariffs on U.S. copper scrap saw shipments to China implode from 688,000 tonnes in 2017 to 275,000 tonnes last year, according to the U.S. Census Bureau.
Exports to Malaysia, by contrast, mushroomed from only 5,600 tonnes in 2017 to 119,000 tonnes last year. This export flow is going to Malaysia to be dismantled so higher-quality material, so-called Category 6 scrap, can be sent to China in accordance with the new regulations.
The implied purity content of U.S. shipments to Malaysia averaged 43 percent last year. The purity of what Malaysia has shipped to China in the first two months of this year averaged 88 percent.
Malaysia seems to be hub of the off-shore purification business, but higher-volume U.S. exports to other Asian countries, such as Thailand and Taiwan, suggest it is not the only emerging transhipment point for scrap.

NEW YEAR, NEW BAN

The scrap supply chain to China faces more disruption this year with a further clampdown on “foreign garbage”.
The Ministry of Ecology and Environment announced in December 2018 it was placing Category 6 scrap on the restricted import list from July 1 this year.
This looks like a re-run of what happened to Category 7 scrap, another tightening of the import rules pre-empting a complete ban as Beijing works towards an end-2020 goal of restricting all imports of metallic scrap below 99 percent purity.
This is a major headache for China’s domestic copper sector; both refiners who use scrap as raw material input and manufacturers who blend scrap into their products.
The goal of building a sustainable domestic scrap supply chain is laudable, but achieving it is probably several years away, leaving a short-term hole in China’s copper import picture.
A discreet lobbying campaign is building momentum within the country to try to reclassify higher-grade copper scrap as a way of removing it from the “garbage” hit-list.



Monday, 8 April 2019

More working days, profit recovery improve operations across secondary lead smelters

Operations across secondary lead smelters in China are likely to sharply expand from a month ago in March, without public holidays disrupting production and as a rebound in lead prices and the return of battery scrap suppliers prompted smaller smelters to resume.

According to an SMM survey released on March 26, the average operating rate across 28 secondary lead producers with total capacity of 3.47 million mt/year is estimated to rise 23.32 percentage points from February to stand at 56.12% in March.

The survey also showed that output of secondary lead is expected to stand at 162,200 mt in March, up 67,400 mt month on month.

After more than a month after the Chinese New Year holiday, operations across secondary lead smelters with production licences have returned to normal.

Lead prices rallied at the start of March and battery scrap supplies turned sufficient after traders returning from the holiday. This prompted secondary lead smelters without production licences and with delayed restarts to resume production.

Operating rates across large producers with annual capacity of 100,000 mt and above are expected to stand at 58.27% this month, up 22.58 percentage points from a month earlier.

Hubei Jinyang is likely to recover from furnace maintenance at the end of March, which would lift output for the month. Anhui Huaxin, however, has yet to fully recover and will suspend for close to 10 days for maintenance.

Operating rates across medium-sized producers with annual capacity of 50,000-100,000 mt are estimated to climb 24.83 percentage points from February to stand at 50.12%. 

Small producers with annual capacity of less than 50,000 mt are likely to see their operating rates increase by 25.71 percentage points from a month ago to 68.57%.

Tianjin Toho began production on March 15, as expected, which would contribute to greater output for the month.

Sunday, 31 March 2019

Palladium Continues Record Run as Supply Worries Intensify

Palladium has been staging record highs for the better part of the last seven months, outstripping even the most bullish forecasts made during 2018 as a supply squeeze inflated the metal’s price.
Palladium has been staging record highs for the better part of the last seven months, outstripping even the most bullish forecasts made during 2018 as a supply squeeze inflated the metal’s price.
Recession woes have spread over the investment environment of late and the latest developments in debt markets have hit financial equities hardest. An acute selloff across equity markets spurred leveraged short-selling as investors are bracing for a dismal earnings season. The Brazilian administration is facing an uphill political struggle to fix a burdening social security system while the U.S. dollar closed the list after a dovish central bank decision. Check our previous trends edition at Trending: Transport Equities Up Despite Lack of Progress on Trade

Supply Constraints Take Palladium to Uncharted Territory

The precious metal widely used in the automotive industry has nearly doubled in value since last August as a demand-fueled rally continued with supply woes in an already tight market. Palladium has seen its viewership rise 75% over the last week as prices hit a new record, breaking the $1,600 per ounce barrier.
Most recently, a Russian ban on several metal exports hit the palladium market and supported prices despite an estimated slowdown in vehicle sales. The world’s top palladium producer is weighing a ban on precious metals scrap and tailings to promote domestic refining of the materials. Another impetus for its price, the Chinese stimulus plan may spur demand even further as the Asian behemoth hosts the largest auto market.
The record run for the metal primarily used by automakers for catalytic converter manufacturing has also been backed by several mining strikes in the world’s second largest producer, South Africa. Nearly 60% of the global palladium production goes into catalytic converters and 95% of the vehicles sold in Europe are equipped with such a device.
A play into the palladium territory, Aberdeen Standard Physical Palladium Shares ETF (PALL A) stands to gain over the long run from a perfect secular backdrop for the metal’s bull run stemmed from an ever-tightening cycle of vehicle emissions regulation. Despite losing some ground over the last few days, a reaction to growing fears of a recession, the ETF still holds a nearly 13% year-to-date performance. Use our “head to head comparison tool”:http://etfdb.com/tool/etf-comparison to compare two ETFs such as (PALL A) and (EZA B+) on a variety of criteria such as performance, AUM, trading volume and expenses.