New Report Indicates Low-Level of Silver Recovery From Majority of Industrial End-Uses
WASHINGTON, DC--(Marketwired - Sep 9, 2015) - The Silver Institute today released "Silver Scrap: The Forgotten Fundamental," a report produced by Metals Focus, the London-based independent precious metals research consultancy, on behalf of the Silver Institute. The study provides detailed information on recycling broken down by region and by five sectors: industrial end uses, photography, jewelry, silverware and coins. This analysis then forms the bedrock for the forecast in scrap volumes out to 2017 and how those volumes might vary with price.
Highlights from the report include:
"The report illustrates the fact that one of the major contributors to the silver supply complex, scrap supply, has been shrinking, and is forecast to grow only modestly in the near term, further underscoring the strong fundamentals of the silver market," stated Michael DiRienzo, Executive Director of the Silver Institute.
The report can be downloaded free of charge at: Silver Scrap: The Forgotten Fundamental Report
The Silver Institute is a nonprofit international industry association headquartered in Washington, D.C. Established in 1971, the Institute's members include leading silver producers, prominent silver refiners, manufacturers and dealers. The Institute serves as the industry's voice in increasing public understanding of the many uses of silver, and also creates programs across many platforms that benefit the white metal. For more information on the Silver Institute, or silver in general, please visit: www.silverinstitute.org.
Metals Focus is one of the leading precious metals consultancies. They specialize in research into the global gold, silver, platinum and palladium markets, producing regular reports, forecasts and bespoke consultancy. Metals Focus can be reached at www.metalsfocus.com.
The Silver Institute
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