China has bought 58 percent of US scrap-paper exports this year.
Waste iron and steel rose to 2 million metric tons in 2006 from 166,000 in 1998, the report said.
"It's a seller's market right now," said P&T Metals Inc.Chief Executive Officer Kurt Rexius in South El Monte, Calif. P&T sends 80 percent of the materials it processes to Asian metal brokers.
China's demand for junk offsets the US trade deficit and "might help save the planet," Newsweek said.
US scrap dealers are part of a $65 billion industry that employs 50,000 people, the magazine said.
http://www.chinadaily.com.cn/china/2007-09/11/content_6097073.htm
[Proofreader’s note: this article was edited for spelling and typos on September 13, 2007]
Note: http://www.chinadaily.c...

Any true revolt will take in account THE STRANGLE HOLD INTERNATIONAL BANKING HAS ON THE WORLD.<br />
Sorry for the caps <br />
I got a couple of things going here writing this and carrying on a conversation with a friend in Morocco<br />
ok back <br />
<a href="http://imposingsystems.com/books/Imposing%20Systems%20-%20The%20Democracy%20We%20Spread%20-%20An%20introduction%20to%20the%20Truth.html">http://imposingsystems.com/books/Imposing%20Systems%20-%20The%20Democracy%20We%20Spread%20-%20An%20introduction%20to%20the%20Truth.html</a><br />
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<a href="http://www.savethemales.ca/260602.html">http://www.savethemales.ca/260602.html</a> You’ll find much more at <br />
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<a href="http://www.google.ca/search?hl=en&rlz=1T4GGIH_enCA240CA240&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=Wars+backed+by+international+bankers&spell=1">http://www.google.ca/search?hl=en&rlz=1T4GGIH_enCA240CA240&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=Wars+backed+by+international+bankers&spell=1</a> <br />
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If there ever were a single source, and there is not the Banker will be at the head of it.<br />
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<p>---<br>"When I tell the truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do."<br />
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William Blake<br />
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A grand scale example of "garbage in, garbage out".
I bet China got an excellent deal on all that WTC evidence. A new meaning to "fire sale".