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Metals Articles

Corus steel can value sky rocketing
by Editorial staff. May 08, 2008
United Kingdom | Corus Steel Packaging Recycling has announced a rise in the amount it pays for steel cans delivered to its CanRoute collection centres for the second month in row. The value of steel cans has risen by £50 (US$ 98) in the last month to an unprecedented £235 (US$ 460) per tonne – benefiting all local authorities, waste management and collection companies that sell collected steel packaging to Corus via the CanRoute system.

The increase, which will be backdated to 5 May 2008, reflects growing global demand for scrap steel, as well as the achievement of the CanRoute system, which had a record year in 2007.

The 14 CanRoute centres, located throughout the UK, are operated by leading steel processing companies who receive, quality check, store and bale steel cans before delivering them to Corus in the correct form for them to be recycled at one of Corus’ steel reprocessing sites.

Acknowledgement

www.cspr.co.uk.

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