The Institute of Scrap Recycling Industries (ISRI) board of directors approved additional guidance regarding ISRI’s nonferrous specifications during its Summer Meeting on July 20.
As per ISRI’s Policy Manual, any party may submit to ISRI a written appeal of the ISRI Board’s approval of this new specification up to 30 days after publication of this notice. Written appeals must provide a rationale and a request for action and should be sent to ISRI President Robin Wiener.
The language approved for insertion at the beginning of each subsection (covering Red Metals, Aluminum, Zinc, Lead, etc.) within ISRI’s Guidelines for Nonferrous Scrap: NF-2017 is as follows:
“WHERE APPLICABLE, HEAVIER PIECES OF ANY SIZE, LENGTH, AND WEIGHT ACCEPTABLE UPON MUTUAL AGREEMENT BY BUYER AND SELLER.”
The guidance above was approved by ISRI’s nonferrous division at the Spring Board & Committee Meetings in New Orleans, Louisiana on April 23, 2017 and is intended help facilitate domestic and global nonferrous scrap metal trading.
Published in the October 2017 Edition of American Recycler News
