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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BIR updates on aluminium scrap price
According to BIR Non-Ferrous World Mirror June 2015, aluminium scrap prices in Japan have dropped by 3-5% over the last month or so in response to a weaker LME. Scrap availability remains unchanged and local secondary smelters are continuing to seek more domestic raw material. Demand for basically...
ISRI raises opposition against federal metal theft bill
The Institute of Scrap Recycling Industries (ISRI) joins the National Conference of State Legislatures (NCSL) in their protest against Congressional attempts to impose a federal solution to combat metal theft. In a letter sent earlier this month to all U.S. Senators, NCSL wrote that a federal...
Dutch National Recycling Scheme reports robust recycling and recovery rate
The recently released 2014 Sustainability Report by Netherlands-based ARN indicates that the company achieved 96% recycling and recovery rate during the year. This comprises of 86.1% recycling and 9.9% energy recovery. It must be noted that the European region has set a target which requires 95% of...
Aluminum scrap exports in US up 11.7% in April
The U.S. aluminum industry purchased1 an estimated 775 million pounds of aluminum scrap during March 2015, according to aluminum recycling statistics published by the U.S. Geological Survey, Department of Interior, up five-tenths of one percent over the March 2014 total of 771 million. USGS...
Total Merchant Ltd. to purchase Metalico
The board of directors for Cranford, New Jersey-based Metalico Inc., which operates scrap metal recycling facilities primarily in the eastern Great Lakes corridor, has agreed to sell the company to Total Merchant Ltd. for a total purchase price of approximately $87 million. According to a news...
USGS reports 143000 tonnes domestic primary aluminium production in March 2015
United States Geological Survey (USGS) has reported that US domestic primary aluminum production in March 2015 was 143000 metric tons. The average daily production was 4,600 t, slightly less than the daily production during the previous month and 7% less than that in March 2014. Total aluminum...
10 tonnes of aluminium recovered in recycling fraud in California
California’s recycling regulators are trying to put the lid on out-of-state fraud and have busted two accused illegal haulers in the last two months, officials say. Investigators with the Department of Resources Recycling and Recovery staked out a recycling center in Phoenix on May 12 and watched...
North American Aluminum scrap prices declined on Index, 27th May, 2015
The North American Aluminum scrap prices declined on ScrapMonster Price Index as on May 27th, 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 6063 Extrusions/Fe. Meantime,...
China Aluminium Scrap prices remain stable; SHFE Aluminium settles down
Chinese aluminium scrap prices stayed stable on Scrap Register Price Index as on Wednesday, while aluminium futures prices at Shanghai Futures Exchange traded down. According to the Scrap Register Price Index, the major Chinese aluminium scrap commodities like 6063 10-10 extrusion, aluminium,...
Indian Govt. releases new version of its container inspecion regimen
Recyclers who ship scrap metal to India were able to discuss breaking news, as that nation’s government released the newest version of its container inspection regimen while the industry was gathered at the 2015 Bureau of International Recycling (BIR) World Recycling Convention in Dubai, United...
BIR notes a rising demand of aluminium scrap in India
When scrap recyclers gathered in Dubai for the 2009 World Recycling Convention in May of that year, the scrap market was in a several-months long trough but rebounded soon afterward. David Chiao, newly-elected president of the Bureau of International Recycling (BIR) Non-Ferrous Division, expressed...
New study shows strong economic impact of the U.S. Scrap recycling industry
The Institute of Scrap Recycling Industries (ISRI) today released a new Economic Impact Study revealing that the industry accounts for nearly half a million jobs in the U.S. and generates more than $105 billion annually in economic activity. The study was performed by the independent consulting...
Scrap yards enduring falling aluminum prices
Central Wisconsin scrap yards are seeing a dramatic drop in aluminum prices. An oversupply in the market is forcing them to lower the amount they can pay people recycling cans. Yaeger Auto Salvage in Weston is now offering 41 cents a pound, down from its usual 50 or 55 cents. The owner Jeff Yaeger...
North American Aluminum scrap prices declined on Index, 19th May, 2015
The North American Aluminum scrap prices declined on ScrapMonster Price Index as on May 19th, Tuesday. 1100 Scrap prices declined by $0.02 per Lb. The prices of 3003 Scrap too fell $0.02 per Lb. A down move of $0.02 per Lb was witnessed in 356 Aluminum Wheels and 6063 Extrusions/Fe. Meantime,...
Call to increase security at ports to stop illegal export of scrap metal
Investigators probing the lucrative cable and metal theft cartels in South Africa believe the illegal industry can be brought to its knees by increasing security at all ports of entry. The stolen metal snoops believe large amounts of scrap metal are being illegally exported without being offered to...
New data showing high value of scrap exports revealed during world trade week
The Institute of Scrap Recycling Industries (ISRI), the Voice of the Recycling Industry™, released new, independent data today highlighting the important role scrap commodities play in U.S. exports. According to a new study by the consulting firm John Dunham and Associates, coinciding with World...
US Aluminium Scrap prices show flat trend; LME Aluminium settles down to $1,846 a ton
United States major aluminium scrap commodities prices showed a flat trend on Thursday, while the futures prices at London Metal Exchange settled down 0.7% at $1,846 a ton. As per Scrap Register Price Index, major aluminium scrap commodities like 356 auto wheels, 5052 alum clip, 6061 alum...
Top aluminium producers underline the importance of aluminium scrap utilization
The nonferrous market in Europe may be finding some solid footing, which could be good news for the overall health of most nonferrous metals markets there. One sticking point continues to be China, which continues to send mixed signals on its economy. For aluminium, after a modest price rally, the...
