EGA expands European aluminium recycling footprint with 80% Eco Green acquisition
Emirates Global Aluminium has completed its acquisition of an 80 per cent stake in Italy's Eco Green, strengthening its aluminium scrap collection, sorting and recycling network across Europe. Emirates Global Aluminium (EGA) is expanding its aluminium recycling business in Europe with the completed...
EU plans aluminium scrap export ban on non-OECD countries; China, India in focus
The European Union (EU) is preparing a broader restriction on aluminium scrap exports to non-Organisation for Economic Co-operation and Development (OECD) countries, replacing an earlier trade proposal that would have covered only part of the bloc’s scrap flows. The move could largely impact...
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China aluminium scrap prices rise; SHFE aluminium settles higher at 10,360 yuan per ton
Chinese aluminium scrap prices advanced on Scrap Register Price Index as on December 9, Wednesday, as expectation of output cuts in China prompted some investors to reverse bearish bets while lead hit a month peak as inventories hovered at multi-year lows. According to the Scrap Register Price...
Europe should continue to strive for the ideal circular economy
The European Commission's Circular Economy package is a balanced and achievable proposal but what now counts are the steps taken by the European Parliament and Council of Ministers to ensure a global mindset, effective enforcement, and strong recycling ambition, write Maarten Labberton and...
European Aluminium: Next steps critical for Europe’s Circular Economy
The European Commission adopted an ambitious new Circular Economy Package to help European businesses and consumers to make the transition to a stronger and more circular economy where resources are used in a more sustainable way. The proposed actions will contribute to "closing the loop" of...
North American Aluminum scrap prices fell on Index
The North American Aluminum scrap prices declined on ScrapMonster Price Index as on November 20th, Friday. 1100 Scrap and 3003 Scrap prices remained unchanged on Index. A down move of $0.01 per Lb was witnessed in 356 Aluminum Wheels and 6061 Extrusions. 5052 Scrap prices too dropped by $0.01 per...
Lightweight car trend boosts US aluminium scrap volumes
The North American market is flooded with aluminium scrap and the situation will probably not change in the short term, it was stressed by David Rosenblum, vice president of non-ferrous at scrap metal major OmniSource, during Metal Bulletin's 23rd Recycled Aluminium Conference held this week in the...
The State of Recycling Congressional Briefing to highlight impact of recycling in U.S.
The Institute of Scrap Recycling Industries (ISRI), Keep America Beautiful, and the Congressional Recycling Caucus will host a briefing on the “State of Recycling” on November 18, I p.m. onward (Eastern) at Capitol Hill, Rayburn House Office Building, Room 2322 (House Energy and Commerce Committee...
2015 CMRA Convention: Removing the barriers associated with scrap shipment
Chinese nonferrous metals producers have been scaling back their purchases of imported scrap, and this may be partially because of trade policies in China, said some members of a panel discussion at the 2015 Annual Convention of the China Nonferrous Metals Industry Association Recycling Metals...
America Recycles Day shows economic and environmental benefits of the recycling industry
The Institute of Scrap Recycling Industries (ISRI), Washington, says it celebrated America Recycles Day Sunday, November 15, by applauding all individuals who make an effort to recycle daily. America Recycles Day, a national initiative of Keep America Beautiful, Stamford, Connecticut, takes place...
US Shredded Scrap prices decline sharply; US Aluminum Scrap prices stay flat
United States shredded scrap prices declined sharply during the week ended November 06, while major US aluminum scrap commodities prices on Scrap Register Price Index remained flat. According to TSI, US Midwest shredded index fell by $14 a long ton the week to $167 a long ton (delivered mill)....
North American Aluminum scrap prices declined on index
The North American Aluminum scrap prices declined on ScrapMonster Price Index as on November 11th, Wednesday. 1100 Scrap prices declined by $0.01 per Lb. The prices of 3003 Scrap too fell $0.01 per Lb. A down move of $0.01 per Lb was witnessed in 356 Aluminum Wheels and 6061 Extrusions. Meantime,...
North American aluminium scrap prices edged higher 10th Nov, 2015
The North American aluminium scrap prices ended marginally higher on ScrapMonster Price Index as on Tuesday, November 10th, 2015. 1100 Scrap prices moved higher by $0.01 per Lb. The prices of 3003 Scrap too increased $0.01 per Lb. An up move of $0.02 per Lb was witnessed in 356 aluminium wheels....
Novelis' topline declines amid "less favourable" aluminium recycling benefits
Novelis, the world leader in aluminum recycling, reported a net loss of $13 million for second quarter of fiscal year 2016, while its adjusted EBITDA, excluding the impact of metal price lag in both periods was $236, up seven percent compared to $221 million in the prior year. The increase was...
ISRI, iScrap App agreement provides recyclers with new marketing opportunities
The Institute of Scrap Recycling Industries (ISRI) announced Friday last week that it has added iScrap App to its list of affinity programs. This opens the door for ISRI members to access expert advice on marketing their business, profiles on the iScrap App directory, and a discount for its premium...
North American aluminum scrap prices declined on Index 28th Oct, 2015
The North American aluminum scrap prices declined on ScrapMonster Price Index as on October 28th, Wednesday. 1100 Scrap prices declined by $0.01 per Lb. The prices of 3003 Scrap too fell $0.01 per Lb. A down move of $0.01 per Lb was witnessed in 356 Aluminum Wheels and 6061 Extrusions. Meantime,...
Metalface offers new communication option for recyclers
Metalface, an Internet and mobile communication network designed for metals recyclers, says it will go online in late October 2015. Sepp Hermelink of the Netherlands-based company describes Metalface as an “all-in-one business network [that] will enable metal recyclers to find, connect, communicate...
Increased aluminium recycling could reduce China's metal industry energy use
China produces more aluminum than any other country. Secondary production, or producing metal from recycled scrap metal, is the primary opportunity to reduce the country's energy intensity for both of these industries, because secondary production uses significantly less energy than primary...
ShredderSort to introduce new solutions for the aluminium recycling industry
Although the number of end of life vehicles (ELVs) needing recycling is growing, due to processing limitations aluminium recycling rates are being hindered. A European-funded project - ShredderSort - aims to contribute to new solutions to the aluminium recycling industry. More than 10 million tons...
India aluminium scrap prices stay flat; MCX aluminium settles down
India major aluminium scrap commodities prices stayed flat on Thursday, October 16, while aluminium futures prices at India's Multi Commodity Exchange (MCX) settled down weighed by large stocks and a surge in Chinese exports this year. The major aluminium scrap commodities dropped on Scrap Register...
