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For the savvy, fast-talking businessmen of the international scrap trade, this has created a profitable exchange.
They want a braking mechanism to keep from being trampled by a headlong rush to scrap trade barriers.
Located on the west side of Delhi, Mayapuri has thousands of workers in the scrap trade, with different shops specializing in different metals.
Through its highs and lows, civilization has always included a scrap trade, and, unlike the arts and sciences, the scrap business has thrived in times of both darkness and enlightenment.
—For more on the global scrap trade, peruse this knowledgeable blog kept by Adam Minter in Shanghai, and check out this piece from the magazine last year by John Seabrook.
In the scrap trade, "barley" is the lariat-thick copper wire that is used for high-voltage electrical transmission in railroad signals, for example — the best kind of copper scrap; "honey" is copper with brass in it; and "candy" is No. 1 copper tubing, which is used for household plumbing.
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But a steep drop in scrap-metal prices in Laos (to less than 20percentt of its peak), coupled with provincial laws banning the war-scrap trade, has left the Lao living on the trail worse off than they've been in years.
On the one hand, President Donald Trump is charging forward with his bold, alt-Republican agenda: lowering corporate taxes, scrapping trade deals, and gutting Obamacare.
Crypto market crashes after Goldman reportedly scraps trading plans.
This scrap metal trade is one of the main causes of UXO-related injuries and fatalities in Laos.
In 2010, Adam Minter, Bloomberg's Shanghai correspondent, visited Wen'an - then the heart of the global scrap plastic trade – undercover.
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