Recycled Aluminium Weekly Recap: Hydro to expand aluminium recycling capacity at its Sjunnen plant; India’s aluminium scrap imports from US grow more than 8% in Q2 2021

The week witnessed announcement of Hydro’s aluminium recycling capacity Sjunnen extrusion plant and India’s aluminium scrap imports from the United States. Some of the major highlights of the week are:

Hydro will expand its aluminium recycling capacity at its Sjunnen extrusion plant in Sweden by 50% in a €11.3 million expansion.   The expansion, which will be finalized by the end of 2022, will meet increased market demand for low-carbon aluminium profiles across all industries where Hydro Extrusions operates. The recycling capacity will increase from 42,000 tonnes to 62,000 tonnes per year.

To know more: https://www.alcircle.com/news/hydro-to-expand-aluminium-recycling-capacity-at-its-sjunnen-plant-70192

India’s aluminium scrap imports from the United States stood at 28,100 tonnes in June 2021, reflecting a downfall of 1,500 tonnes or 5.07 per cent from 29,600 tonnes in May, found the latest data from the US Census Bureau. However, on a year-on-year basis, the imports stood 119.53 per cent higher than 12,800 tonnes.

In the second quarter of 2021 ended June 30, India’s aluminium scrap imports from the US totalled 88,000 tonnes.

To know more: https://www.alcircle.com/news/indias-aluminium-scrap-imports-from-us-grow-more-than-8-in-q2-2021-despite-a-dip-in-june-70171

All India Non-Ferrous Metal Exim Association (ANMA), which comprises around 500 aluminium scrap recyclers in Gujarat, has urged the Union government to abstain from enforcing BIS (Bureau of India Standards) quality standards on imported aluminium scrap.

On 24th August 2021, Jayant Jain, the honorary secretary of ANMA during the event of the Annual General Meeting in Ahmedabad, said: “The import duty on aluminium scrap in our neighbouring countries is nil. Our government has imposed a 2.5 per cent import duty on the same. 

To know more: https://www.alcircle.com/news/india-aluminium-scrap-recyclers-in-gujarat-urge-govt-to-abstain-from-implementing-bis-grade-quality-import-70199

The Covid-19 pandemic is not the solitary reason to turn off the keys for the last time of many aircraft. The rise in the environmental impact of flying is another major reason for putting further pressure on airlines to turn off the engine forever for certain aircraft.

Tarmac Aerosave is the world’s number one for aircraft and engine recycling. When an aircraft reaches the end of its life span, it is flown to Tarbes where expert teams get to work on it. The eventual stage is to cut the aeroplane into chunks using a special diamond saw to recover the aluminium and steel.

To know more: https://www.alcircle.com/news/airbus-safran-owned-tarmac-aerosave-is-the-worlds-number-one-aircraft-and-engine-recycling-firm-aluminium-among-other-metals-are-recovered-70184

Kazakhstan exported 63,090 tonnes of aluminium scraps during 2018-20 and the revenue generated from the export was counted to $72.10 million.

Kazakhstan’s export of aluminium scrap in 2018 was recorded with 16,114 tonnes and the earnings accounted was $21.19 million, whereas, in 2019, the export saw 76.13% growth, as the export volume rose to28,383 tonnes and the earnings also escalated to $30.40 million.

To know more: https://www.alcircle.com/news/kazakhstans-export-of-aluminium-scraps-from-2018-21-exhibits-volatile-movement-70207