Price meltdown takes the green out of recycling
Recycling isn't generating the right kind of green these days...
Just months after riding an incredible high, the recycling market has tanked almost in lockstep with the global economic meltdown.
As consumer demand for autos, appliances and new homes dropped, so did the steel and pulp mills' demand for scrap, paper and other recycled materials used to manufacture new products.
Recyclers across the country are finding it more difficult to find buyers. Some are describing the downturn as the worst and most rapid ever.