03 APRIL 2012Recyclingportal.eu
Italy ranks 3rd in the world for recycling of aluminium
Edited by : AL CIRCLE
1 min read
"Most of our ingots are destined to the export trade: The German automotive companies buy aluminium and use it for their auto components. Recycling is an industrial and manufacturing process both downstream - recovery, sorting and processing at the foundries where new material is produced - and upstream, since the turnover in the aluminium packaging sector and of the companies producing rolled products used, for example, to make cans is equal to € 12 billions", explains Gino Schiona, Cial's general manager.
"The sector boom in 2010 was due to the fact that in 2009 the value of primary aluminium, that is scrap, dropped to $1,300/ton and scrap dealers waited the year after to sell it off when the quotations had gone up again at $2,270/ton. The recycling data depend on the consumption trend and are therefore affected by the crisis", explains Cial's general manager.
"The sector boom in 2010 was due to the fact that in 2009 the value of primary aluminium, that is scrap, dropped to $1,300/ton and scrap dealers waited the year after to sell it off when the quotations had gone up again at $2,270/ton. The recycling data depend on the consumption trend and are therefore affected by the crisis", explains Cial's general manager.
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