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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Note: This image is AI-generated and for representation purpose only The Trump Administration’s latest aluminium tariff hike to 50 per cent has triggered renewed concern among traders and manufacturers over a further shift in trade dynamics to a point where export markets may face a deepening blow....
The Bureau of International Recycling (BIR) and the European Recycling Industries Confederation (EuRIC) reportedly wrote letters to the European Union, cautioning potential threats to the European domestic scrap industry if protectionist measures are taken in response to the appeal by the European...
Investments in recycled-content aluminium and copper production worldwide have sparked unease among traders and industry experts, with many questioning whether non-ferrous scrap exports will face a tightening landscape in the years ahead. This issue took centre stage at the Bureau of International...
According to China customs data, China's total aluminium scrap imports from January to February 2024 amounted to 289,000 tonnes, reflecting an annual hike of 19.2 per cent. In individual months, the imports stood at 171,000 tonnes and 118,000 tonnes, respectively, experiencing a significant rise of...
Aluminium scrap holds indispensable significance within manufacturing sectors worldwide, emerging as a pivotal commodity. Its allure lies not just in its economic appeal but also in its profound environmental virtues. Recycling aluminium emerges as a hero in the fight against energy depletion and...
The Indian market for aluminium scrap has seen a notable price increase, attributed mainly to a surge in futures contracts on the London Metal Exchange (LME) after the Christmas and New Year holidays. Despite a rise in transaction volume, particularly from the western region, many sellers remain...
On the eve of October 27, a few leading Chinese aluminium companies announced their third-quarter results, revealing a year-on-year drop in revenues and net profits. For instance, Shandong Nanshan Aluminium earned RMB 21.69 billion in revenue in the first three quarters of 2023, down by 18.24 per...
The Indian imported scrap prices are witnessing a decline. It has been observed that the buyers and sellers were not actively participating in trading Indian imported scrap, resulting in lower transactions. In due course of time, the price of aluminium in futures has also decreased. This decrease...
The Indian market for imported aluminium scrap saw varying trends this week. According to SteelMint's assessment, scrap prices diverged by approximately US$40-45 per tonne w-o-w. Adequate offers aligned with strengthening futures and buying inquiries resulted in moderate transactions in specific...
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...
For the second week in a row, imported aluminium scrap prices in India have fluctuated slightly. This week, specific grades saw a minor increase of up to $20/tonne. On the other hand, other grades saw drops of up to $50/tonne compared to the previous week. The volatile market conditions have made...
Aluminium scrap exports from the United States closed at 174,374 tonnes in March 2023, up 11 per cent from 157,101 tonnes in February. However, exports declined by 2 per cent Y-o-Y in March, compared to 178,575 t in the same month last year. The principal scrap grades shipped by the US were Zorba...
According to the China customs data, the average operating rate of secondary aluminium enterprises fell sharply by 51.1 per cent in November’22, and so did the imports of aluminium scrap. As per the data, China’s aluminium scrap imports declined by 14.8 per cent year-on-year and 16.08 per cent...
The United States aluminium scrap export volume dipped in September 2022 by 8,000 tonnes or 4.50 per cent, following a rise in the previous quarter, found the US Census Bureau data. From 178,000 tonnes in August, the United States aluminium scrap export decreased to 170,000 tonnes in the succeeding...
On November 11, 2022, the London Metal Exchange (LME), one of the world's largest commodities exchanges, announced that it would not bar Russian metal from being traded and stored in its system due a vital segment of the market is still planning to procure Russian metal in 2023. Russia is one of...
According to the data released by the General Administration of Customs on Saturday, June 18, China’s aluminium imports in May 2022 decreased by 16.4 per cent year-on-year. That brought the total imports to 188,469 tonnes of unwrought aluminium and aluminium products – including primary metal &...
From May 2 to May 8, the throughput of aluminium scrap in Linyi, east China’s nonferrous metal city, settled at 12,386.03 tonnes, a surge of 2,255.47 tonnes from the previous week and up22.26 per cent on the month. Recyclers traded vigorously as a result of a minor increase in aluminium prices....
As per the USGS data, US aluminium scrap imports from Mexico for February 2022 closed at 17,100 tonnes, which on a month-on-month calculation surged by 1,700 tonnes or 11.03 per cent from 15,400 tonnes in January 2022. For January 2022, a growth of 700 tonnes or 4.76 per cent was recorded on an...
