Secondary aluminium is increasingly central to Europe’s decarbonisation plans. It is used in automotive castings, construction profiles, packaging and consumer goods and is valued because it can deliver similar mechanical properties to primary metal while requiring a fraction of the energy and...
India’s aluminium recycling sector has matured significantly over the past decade. Secondary aluminium, produced by remelting and refining scrap, now accounts for a growing share of the country’s total aluminium consumption. Recycling aluminium requires up to 95 per cent less energy than smelting...
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Wrapping up World Trade Month, the Institute of Scrap Recycling Industries extolled the important role scrap materials play in global trade, both for the U.S. and foreign countries. Scrap materials are in the top 5 U.S.’s exports based on value, helping to supply the world’s growing demand for all...
Data from China's General Administration of Customs showed that in August, China imported 140,000 tons alumina; January to August, the imported alumina totaled 2.03 million tons, down 37.5% compared with the same period in 2012. In August, China imported 86,209 tons unwrought aluminum; January to...
European magnesium prices rose on Friday August 30, on substitution buying due to the lack of availability of aluminium scrap, market sources said. “Magnesium consumption grows on substitution in Europe when the market lacks aluminium scrap,” a trader said. “We’ve been doing more [deals], and...
Hit hard by the recent levies of import duty on scrap, around 4,500 metal recycling units are facing closure due to cheaper import from Asian countries; worse is in store with the process of signing Free Trade Agreements (FTAs) with these countries. There is now a tariff of 2.5 to five per cent on...
Government “meddling” in the form of bans and other restrictions on nonferrous scrap exports reflected the influence of consumers “who falsely believe that scrap processed within their borders by us is inherently theirs to consume, regardless of its origin,” BIR Nonferrous Metals Division President...
The government has imposed 2.5 per cent import duty on aluminium scraps. The measures were taken through two different notifications issued on Wednesday by the Finance Ministry. It did not give reasons for making changes except saying that it is in public interest. "In exercise of the powers...
World Aluminium Market reported that China has developed from a large aluminium manufacturing country to a primary powerful country. Meanwhile, China is also a large aluminium scarp import country. Chinese scarp import volume in 2011 was 2.69 million tonnes while export volume was 1200 tonnes. It...
China has developed from a large aluminium manufacturing country to a primary powerful country. Meanwhile, China is also a large aluminium scarp import country. Chinese scarp import volume in 2011 was 2.69 million tones, while export volume was 1200 tonnes. It is predicted that this situation will...
The data showed aluminum scrap volume was 240 thousand tons in November in China, compared 200 thousand tons in October increased 20%. Though aluminum scrap volume increased largely in November, still reduced 14.3% when compared with 280 thousand tons in last year. According to the survey results...
Japanese traders are seeking to increase sales of European secondary aluminum alloy to local diecasters making automotive components, industry sources said Tuesday. One diecaster source with three plants in west Japan, making engine parts, said offers from Japanese traders for European ADC12...
Aluminum scrap consumers are increasingly using secondary grades of feedstock, which has put a floor on secondary scrap prices and diminished overall scrap quality, according to Garey Rittenhouse, vice president of southern nonferrous trading at Mayfield Heights, Ohio-based PSC Metals Inc. Many...
Executives at Glendale Iron & Metal, a Phoenix scrap metal business, today announced the company is accepting scrap alloys and aluminum cans. The company has been in business for more than 45 years and has become an industry leader with the best prices in town and the fastest processing time. The...
BIR: The following article is based on the latest Non-Ferrous Metals World Mirror produced by the BIR world recycling organisation for the benefit of its members. Despite on-going concerns over the outcome of the debt crisis in the Euro-zone and over the potential for any new economic setback to...
European scrap aluminium export volumes will level off by 2014, increasing the availability of scrap in domestic European markets, delegates at Metal Bulletin’s 19th International Recycled Aluminium conference in Istanbul heard. “In future, I expect Asian markets to generate more scrap, decreasing...
(China Aluminium Network) China will remain the world’s largest scrap aluminium importer for the next 5 years because of booming demand from the auto industry, an official of Chinalco said on Thursday. China’s demand for scrap aluminium totaled 3.9 million tons last year, 27% of them from the...
While the EU seeks to curb its import dependency on raw materials through better re-use and recycling, the bloc remains a top exporter of all sorts of waste – including metals. Instead of being re-used in Europe, waste resources are increasingly being shipped overseas to fuel booming Asian...
The concept of Reduce, Recycle, Reuse and Re-manufacture is getting global awareness nowadays that many recycling organizations are introducing various measures to check and control the recycling wastes to a great extent. In the recent times, it has been found that scrap recycling industries are...
Recently, China’s Custom released the initial statistics of the country’s aluminum scrap imports in June. The country imported 240,000 tonnes of aluminum scrap in June increased by 6.7% from a month earlier. Also, it soared by 7.1% YoY. In addition, the data also showed that China’s totaled...
