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...
Grow with
AL Circle
Metalico completes sale to Total Merchant
US scrap metal operator Metalico, Inc. has completed its acquisition by Total Merchant Ltd. In June this year, Metalico confirmed that it had accepted Total Merchant's all-cash offer of some US$ 102 million subject to the approval of shareholders. It will continue operating under its current...
ISRI Scrap Yearbook 2015 provides insight into the recycling industry
The Institute of Scrap Recycling Industries (ISRI) recently released its fourth annual ISRI Scrap Yearbook, providing the most comprehensive information and statistical look at U.S. scrap recycling, as well as a detailed look at the global nature of recycling, how it has evolved and operates, and...
Indian aluminium scrap prices stayed stable in the week ended Sept 04
Indian containerized shredded scrap import prices stayed flat in the week ended September 04, while Indian aluminium scrap prices on Scrap Register Price Index remained almost stable. According to TSI, containerized shredded index for Indian imports remained flat at $241 a ton CFR Nhava Sheva port....
North American aluminum scrap prices edged up
The North American aluminum scrap prices ended marginally higher on ScrapMonster Price Index as on Thursday, September 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 Aluminum Wheels....
ISRI Operations Forum 2015 to focus on safe and efficient scrap recycling
The Institute of Scrap Recycling Industries, Inc. (ISRI) announced the opening of registration for its 2015 Operations Forum, to be held September 30- October 3, at the JW Marriott in Houston, Texas. The forum, according to ISRI, is a must attend event for those responsible for the safe and...
MetalX acquires aluminum toll processing firm
MetalX, Waterloo, Indiana, has announced it has completed the acquisition of the assets and business of Metal Shred Industries LLC (MSI), an aluminum scrap toll processor located in Kendallville, Indiana. The MSI name will be retired and the facility will be identified as MetalX effective...
North American aluminum scrap prices edged higher 4th Sep, 2015
The North American Aluminum scrap prices ended marginally higher on ScrapMonster Price Index as on September 4th, 2015. 1100 Scrap prices moved higher by $0.02 per Lb. The prices of 3003 Scrap too increased $0.02 per Lb. An up move of $0.02 per Lb was witnessed in 356 Aluminum Wheels. Meantime,...
Recyclers to meet for Annual Commodities Roundtable amid challenging global markets
The Institute of Scrap Recycling Industries, Inc. (ISRI), the Voice of the Recycling Industry™, is once again hosting its annual Commodities Roundtable Forum, September 9 to 11, 2015, in Chicago. The once a year event is a must-attend for all involved in the trade of scrap commodities from...
North American aluminum scrap prices held steady as on 31st August, 2015
The North American Aluminum scrap prices remained unchanged on ScrapMonster Price Index as on August 31st. 1100 Scrap prices remained flat over the day. The prices of 3003 Scrap too were flat at $0.65 per Lb. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe too were unchanged. The prices of...
US primary aluminium output falls in June: USGS
United States' domestic primary aluminium production in June 2015 was 133,000 metric tons, according to latest data released by U.S. Geological Survey (USGS). The average daily production was 4,450 tons, 3% less than the daily production during the preceding month and 4% less than that in June...
Chinese secondary aluminium alloy ingot export prices move further down
Due to the Yen depreciation and the weak demand from overseas market, export prices for Chinese secondary aluminium alloy ingot, used for diecast automotive components, fell steeply this week as some producers turned aggressive. The prices edged down by $30t to about $1,730-1,750t CIF Japan this...
India aluminium scrap prices up
Indian aluminium scrap prices on Scrap Register Price Index traded up. The Indian scrap market remains extremely slow with transactions continuing to be few and far between. As per the Scrap Register Price Index, scrap prices for Aluminium Accessories, Aluminium ingots, Aluminium Rod Company,...
Aluminum Recycle Scholarships awarded
The First Baptist Church of McConnell Richard Smith Memorial Men’s Fellowship Scholarships were awarded Sun., Aug. 9, during the morning service. The church has given this award since 1987. There has been more than $40,000 given to the different college-bound members of the church the past 26...
No ‘promises’ from Government of India on import duty hike on aluminium
The Government of India has yet again refrained from giving any assurance to the domestic aluminium industry on its demand for an import duty hike. For the second time in a little over a month, on Thursday the top officials of aluminium majors BALCO, Hindalco, Vedanta Ltd and others, under the...
Raising import duty on aluminium products 'tricky': India Mines Ministry
The government of India said the demand by primary producers to raise import duty is a "tricky" case as the move will help the bigger players -- Hindalco, Balco, Nalco and Vedanta -- but may hurt smaller firms that import scrap. The Ministry is reviewing the case for increasing import duty on...
PARC receives award for its scrap aluminum sorting technology
PARC, a Xerox company, announced its "plus up" award from the U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E). PARC received this new award, after completing its original $1 million contract, as part of ARPA-E's Modern Electro/Thermochemical Advancements for...
Madrid to host International Recycled Aluminium Conference
The 'well established' global gathering of aluminium recycling executives known as the International Recycled Aluminium Conference will take place in Madrid from 16-18 November. The Spanish city will thus be the backdrop of an in-depth analysis of the latest trends and challenges facing industry...
Toyota Tsusho America buys Bermco Aluminum
Stout Risius Ross Inc. (SRR), Southfield, Michigan, a leading middle market investment banking firm, has announced that it served as exclusive financial advisor to Berman Bros. Iron & Metal Co. Inc., dba Bermco Aluminum, in its purchase by Toyota Tsusho America Inc. (TAI), with locations throughout...
