
According to SMM survey statistics, the operating rate of the secondary aluminium alloy industry in September was 35.0 per cent, up 3.1 percentage points M-o-M but down 6.7 percentage points Y-o-Y. Industry production continued its recovery trend, but the overall operating level remained below the same period last year. On the demand side, September marked the traditional peak consumption season, with downstream orders recovering from August. End-use demand from automobiles and other sectors improved marginally, but the peak season effect has yet to fully materialise. According to CAAM data, automobile production in September was 2.99 million units, up 11.4 per cent M-o-M but down 8.7 per cent Y-o-Y. NEV production was 1.814 million units, up 12.2 per cent Y-o-Y. CAAM noted that China's...
Europe’s aluminium scrap exports to the US have risen by 243 per cent, highlighting a growing concern over the continent’s access to strategic raw materials as it pursues recycling, decarbonisation and industrial competitiveness. Evangelos Mytilineos, Executive Chairman of METLEN, raised the issue, linking scrap outflows to the broader challenges facing European industry, energy security and strategic autonomy. Aluminium scrap outflows raise industrial concerns Mytilineos referred to the contrasting US tariff treatment of aluminium products, i.e., a 50 per cent tariff on primary aluminium, compared with zero tariff on scrap . With European aluminium scrap exports to the US increasing by 243 per cent, he questioned whether Europe could strengthen its industrial base while allowing valuable...
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Recycling aluminium holds the potential to create a more sustainable and environment-friendly atmosphere. As a result, companies and regions worldwide are doing their bit to bring a sustainable environmental difference. Since April, the Cardiff region of the United Kingdom has managed to recycle 1.6 tonnes of aluminium and other coffee pods from over 2,600 residences. The coffee pods collected by the new service will be recycled in the UK, with the aluminium and plastic used to build new items such as packaging and automotive components, and the coffee grinds used to generate renewable energy and soil improver. The new programme enables families to join Podback so that the council may collect coffee pods from people's homes at no cost to the taxpayer to continue increasing the city's...

ReStore, a sustainable funding initiative launched to support the Black Hills Area Habitat for Humanity, aims to collect around 10,000 pounds of aluminium by July 31 to win an ongoing drive. The winning organisation will get a $6,000 reward for collecting 10,000 pounds of aluminium. The fund from the drive will be used to assist Black Hills Area Habitat for Humanity in constructing affordable houses. The Rapid City ReStore is one of 100 organisations taking part in an aluminium push throughout the United States and Canada. Anyone who wishes to contribute aluminium may do so by bringing items to the ReStore between the hours of 9 a.m. and 5 p.m., Monday through Saturday. Donations may also be dropped off at the ReStore's outdoor collection spot on the west side of the building, beside the...

The United States’ aluminium scrap exports in April 2023 stood at 167,000 tonnes, reflecting a month-on-month fall of 9,000 tonnes or 5.11 per cent from 176,000 tonnes, found the US Geological Survey. The downfall in April followed a hike in the previous month by 17,000 tonnes or 10.69 per cent from 159,000 tonnes. On a year-on-year calculation, the US aluminium scrap exports in April 2023 stood 3.73 per cent higher than 161,000 tonnes. From January to April 2023, the United States exported 662,000 tonnes – 0.60 per cent less than 666,000 tonnes. India, the highest importer of aluminium scrap from the US, sourced 39,800 tonnes of aluminium scrap in April 2023 versus 36,400 tonnes in March. That reflected a month-on-month increase of 9.34 per cent. On a year-on-year basis, India’s...

Maruti Suzuki India Limited, the largest automobile manufacturer in India and a major consumer of aluminium, has released its monthly settlement prices for aluminium ADC12 alloy ingots for July 2023 at INR INR 204,000 per tonne. This is a decrease of INR 2,900 per tonne compared to its settlement prices in June 2023 at INR INR 206,900 per tonne. Market participants attribute the price decrease to lower demand and subdued exports, particularly to Japan. It's worth noting that Maruti Suzuki's ADC12 prices are considered the standard for determining domestic aluminium price trends. According to SteelMint's assessment, ADC12 prices decreased by INR 3,000 per tonne and stood at INR INR 187,000-189,000 per tonne ex-Faridabad (excluding GST). In other news, Maruti Suzuki's total automobile...

On Wednesday, June 12, Abu Dhabi launched an ambitious plant of recycling 20 million single-use plastic bottles yearly, an initiative to focus on a sustainable and healthy environment. For the same, the Environment Agency-Abu Dhabi established a bottle return scheme to encourage households and residents to recycle their aluminium cans and plastic bottles. The agency claimed that to encourage the recycling of millions of aluminium cans and plastic bottles, it plans to place as many as 70 reverse vending machines (RVMs) and 26 smart bins in high-traffic areas in Abu Dhabi. “We have ensured that they [RVMs and smart bins] are well located so that they are accessible, minimising the efforts for consumers to find them. We know that incentives are vital in this day and age to encourage...

Hydro completed the acquisition of Polish aluminium recycler Alumetal S.A. on June 30 by bagging more than 97 per cent of its shares through tender subscription. The purchase of Alumetal will strengthen Hydro's recycling position in Europe and widen low-carbon product offerings in the market. This transaction is also a significant move towards Hydro's recycling ambition and its goal to enhance the use of post-consumer aluminium scrap by 2025 in a bid to reduce carbon footprint in metal industry. Eivind Kallevik, Executive Vice President of Hydro Aluminium Metal, explained, "With this acquisition, Hydro and Alumetal will together become the leading integrated aluminium recyclers in Europe. This will enable us to offer more low-carbon and recycled aluminium products based on post-consumer...

The Indian imported aluminium scrap market recorded unpredictable patterns and considerable price contraction W-o-W in some grades by up to US$50 per tonne. As of today, Middle East-origin aluminium tension prices contracted by up to $50 per tonne to $1,520 CIF, whereas the remaining scrap grades dropped by $10-50 per tonne W-o-W. The global aluminium markets witnessed considerable volatility and changes, with a bid-offer spread of roughly $30-40 per tonne. Domestic demand, especially in the northern and southern regions, is sometimes low compared to other locations. Aluminium prices on the London Metal Exchange (LME) reached $2,147 per tonne Thursday, up $10 per tonne Y-o-Y. Furthermore, LME aluminium stockpiles fell by 7,975 tonnes y-o-y to 534,075 tonnes yesterday. The western region...

Brecon residents will soon be rewarded for recycling, thanks to introducing Brecon's unique Scan|Recycle|Reward recycling scheme which will be launched on July 13. It joins a slew of other nations, notably several in Europe, that already provide monetary incentives for specific forms of recycling. The recycling program will accept soft drinks in aluminium and steel cans (50ml to 3l containers only), PET plastic bottles, etc. The 12-week study, run by the Digital Deposit Return Scheme Alliance in collaboration with the Welsh Government, Powys County Council, and local shops, will examine how digital technology may promote increased recycling in Brecon. The Scan|Recycle|Reward experiment will begin this month, with welcome kits coming in the mail on July 13 for Brecon residents. "This trial...

Emeco USA has released a new collection called Birds by Yun Li. The collection consists of three birds made from recycled aluminium: a blackbird, a sparrow, and a pigeon. Emeco is well-known for its approach to using recycled materials, including its iconic 1006 Navy Chair and new designs by various designers such as Naoto Fukasawa, Jasper Morrison, Sam Hecht and Kim Colin. The brand is always evolving creatively, led by owner Gregg Buchbinder. The artist Yun Li exclaimed: "To thank Jasper Morrison for supervising my diploma project, I gifted him one of the prototypes of the birds I had made. I didn't expect him to appreciate my gift so much that he showed it to Emeco's owner Gregg Buchbinder." "Thanks to Jasper and Gregg's support, my little side project has evolved into an actual...

Recycling is an essential part of the aluminium industry, which is both viable and sensible economically, technically and ecologically. In the present scenario, where the world is buzzing with challenges such as a rising global population, increased carbon emissions, greater energy costs, and limited feedstock, recycling is emerging as a need rather than a source of worry. Fortunately, aluminium is a 100 per cent recyclable metal, and its intrinsic purity is unaffected by recycling. Aluminium recycling promotes the twin ideals of sustainability and stewardship, which encourage responsible and conscientious resource usage and require producers to accept responsibility for a product's environmental, health, and safety implications. Recycled aluminium usage worldwide increased from 26...

The non-ferrous metals market in India is displaying mixed pricing trends. Aluminium prices are relatively stable, maintaining a consistent range. However, specific grades of aluminium are facing a decline in prices due to decreased demand. On the other hand, copper prices have rebounded, primarily due to India's increased procurement of copper scrap. The lead market has been slow-moving, with no significant transactions being reported. Meanwhile, the zinc market has remained relatively stable without experiencing significant fluctuations. Aluminium scrap prices in the domestic market saw a minor week-on-week decline, with a decrease of 1.2 per cent for aluminium tense prices and a 1.7 per cent dip for utensil prices. Trading activity remained subdued due to weak demand for the material....

Secondary aluminium alloy manufacturers and consumers have concluded their negotiations and agreed on contract prices for July 2023. The settlement prices for this month are JPY 2,000-10,000/t ($14-70/t) lower compared to the prices in June. This marks the sixth consecutive month of declining prices. The manufacturers of secondary alloy are facing challenges due to weak domestic demand and the availability of cheaper imports from China. Consequently, they have been compelled to reduce their prices to stay competitive. Arcmetal, a reputable distributor of non-ferrous metals in Japan, has recently launched the sale of ADC12 aluminium plates obtained from MKN aluminium slabs. The primary objective of Arcmetal is to fulfill the growing demand for die-cast products. The company aims to...

DIP DOO is a reputable company that specializes in the production and distribution of premium aluminium alloys. The alloys are expertly crafted from a combination of waste aluminium and other metals, such as zinc, silicon, tin, and small metals, which are carefully selected for alloying purposes. The stepping stone for the Novi Sad enterprise was first kept in 1994 and it has consistently adhered to international standards by sourcing its primary and secondary raw materials locally, across Europe, and globally. In 2018, DIP Foundry LLC was acquired by the Kremenović family, who have a long-standing heritage of casting and a family business that has been passed down through generations. By merging with another foundry, they have established a monopoly in Serbia and beyond, making their...

The Indian imported aluminium scrap market recorded unpredictable patterns and considerable price contraction W-o-W in some grades by up to $120 per tonne. As of today, US and Middle East-origin aluminium talk prices fell by up to $120 per tonne to $4,480 per tonne and $4,350 per tonne, respectively. The remainder of the scrap grades exhibited a different pattern, with some falling by $5-50 per tonne and others rising by $10-50 per tonne W-o-W. Most medium-sized importers have taken a cautious approach, deferring their bookings and looking for generally reliable material-sourcing locations. The present domestic market scenario indicates a limited supply of taint tabor and extrusion, resulting in increased demand for these grades and producing a favourable environment for purchasers. At...

In March 2023, the United States exported 38,500 tonnes of aluminium scrap to Malaysia compared to 31,000 tonnes in February, found the US Census Bureau data. Thus, on a month-on-month calculation, the aluminium scrap exports from the US to Malaysia registered an increase of 7,500 tonnes or 24.19 per cent, following a monthly restraint in February compared to 30,700 tonnes in January 2023. On a year-on-year basis, the US aluminium scrap exports to Malaysia soared by 1,341 per cent from 2,670 tonnes. In Q1 2023, the United States exported 100,000 tonnes of aluminium scrap in total to Malaysia, according to the USGS data. On an annual basis, the quarterly output stood 1,157.86 per cent higher than 7,950 tonnes. Malaysia emerged as the highest aluminium scrap importer from the US in March...

Hydro’s subscription period for the Alumetal share sales tender ended on Friday, June 30, with more than 97 per cent of shares being subscribed. Thus, Hydro can now purchase all Alumetal shares that were subscribed for sale. The timeline of the share purchase is till July 5, and it should be settled by July 7. At the end of June, Hydro received more than 80 per cent of Alumetal shares subscriptions after increasing the offered price for the second time to PLN 82.00 per share , valid through the last date of subscription submission on June 30, 2023. Eivind Kallevik, Executive Vice President of Hydro Aluminium Metal, said: “We are very pleased that our tender offer has ended successfully. As previously announced, our aim will now be to efficiently carry out a squeeze-out of the shares...

Scrap Expo is a vibrant and dynamic event that brings together enthusiasts, professionals, and businesses from the scrap industry. It is a premier platform for showcasing the latest advancements, technologies, and innovations in scrap recycling and management. The event is scheduled to take place from September 12 to 13, 2023, in Louisville, Kentucky, USA. At Scrap Expo, visitors can meet diverse exhibitors, ranging from scrap metal dealers and recycling companies to equipment manufacturers and environmental solution providers. This convergence of industry leaders fosters knowledge sharing, collaboration, and the exploration of sustainable practices for handling scrap materials. The expo offers a unique opportunity to witness cutting-edge machinery and equipment in action, enabling...

BOC is the primary supplier of hydrogen to six selected projects in Phase 2 of the UK government's Industrial Fuel Switching Competition. The IFS Competition aims to demonstrate the feasibility of fuel switching and related technologies and help industries switch from high-carbon fuels. BOC has already proven the potential of hydrogen as a low-carbon alternative in the previous round of the competition, and now, the company will support the demonstration of fuel switch solutions for industrial processes across additional industrial sites. The UK government is funding these projects through the £55m Industrial Fuel Switching Competition, which is part of the £1bn Net Zero Innovation Portfolio (NZIP). BOC will provide gas pressure control technology to various industrial processes,...