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Extrusion for greener aluminum recycling
29 JUL 20132MINS

Extrusion for greener aluminum recycling

Aluminum recycling has become a successful business since its inception a century ago. Nearly a third of the aluminum produced in the United States is made from aluminum scraps that have been recycled in a process—usually remelting—that uses only 5 to 10 percent of the energy it takes to extract...

Mill-grade aluminum scrap price climbs on LME rise
25 JUL 20133MINS

Mill-grade aluminum scrap price climbs on LME rise

Prices for mill-grade aluminum scrap strengthened across the board July 22, with secondary tags moving largely in response to recent upticks on the London Metal Exchange, according to market sources. Prices for 5052 segregated low-copper alloy clips increased to 86 to 88 cents per pound from 84 to...

Chinese Aluminum Price Improves, LME Declines on Daily Index
24 JUL 20131MINS

Chinese Aluminum Price Improves, LME Declines on Daily Index

On Friday, July 19, the day’s biggest mover was the cash price of primary Indian aluminum, which saw a 1.3 percent increase. On the LME, the primary aluminum cash price declined 1.1 percent to $1,753 per metric ton. On the LME, the aluminum 3-month price fell 1.1 percent to $1,797 per metric ton....

China scrap price of aluminum falls 5.4% on daily index
18 JUL 20131MINS

China scrap price of aluminum falls 5.4% on daily index

Chinese aluminum scrap had the largest decline on Monday, July 15, dropping 5.4 percent. The Chinese aluminum cash price saw a 0.4 percent decline. Chinese aluminum billet fell 0.3 percent on Monday. The price of Chinese aluminum bar was unchanged. The Indian aluminum cash price declined 1.4...

Mill-grade aluminum prices down with LME
18 JUL 20132MINS

Mill-grade aluminum prices down with LME

Prices for mill-grade aluminum scrap weakened across the board July 15, with sources saying that tepid market activity coupled with weakening exchange prices were having negative effects on the secondary market. Prices for 5052 segregated low-copper alloy clips fell to 84 to 86 cents per pound from...

Tight margins cause mounting casualties in secondary aluminium
17 JUL 20132MINS

Tight margins cause mounting casualties in secondary aluminium

The gloss has come off the secondary aluminium markets in the UK and Europe this year, and we are now beginning to see the cracks that have been forecast since producers started struggling for an adequate margin last year. During its daily conversations with market participants, Metal Bulletin has...

Northwest sign recycling embraces environmental stewardship
16 JUL 20133MINS

Northwest sign recycling embraces environmental stewardship

This stewardship goes hand in hand with Northwest Sign Recycling’s present day to day operations and future goals. When you consider the impact production of new aluminum has on our environment, you will see how Northwest Sign Recycling is part of the solution for sustainability. Environmental...

Aleris shuts down Hammond plant
11 JUL 20133MINS

Aleris shuts down Hammond plant

Twenty workers will lose their jobs when an aluminum maker shuts down its Hammond plant at the end of the month. Ohio-based Aleris International notified employees Monday they would be out of work in August, because it is closing its 34-year-old aluminum recycling facility at 6340 Indianapolis...

Chinese Aluminum Scrap Rises 4.8% for the Week
08 JUL 20131MINS

Chinese Aluminum Scrap Rises 4.8% for the Week

The week’s biggest mover on the weekly Aluminum MMI® was the price of Chinese aluminum scrap, which saw a 4.8 percent increase. This comes on the heels of a 7.3 percent decline the week prior. The price of Chinese aluminum billet rose 0.7 percent after falling 2.0 percent during the previous week....

Chinese aluminum scrap price inched up after three-day flat spell
05 JUL 20131MINS

Chinese aluminum scrap price inched up after three-day flat spell

On Tuesday, after three changeless days, the price of Chinese aluminum scrap closed higher. The cash price of Chinese aluminum rose by 0.6 percent. For the fifth consecutive day, the price of Chinese aluminum bar held flat. The price of Chinese aluminum billet remained steady. On the LME, the cash...

Oetinger aluminum smelter files for bankruptcy
03 JUL 20131MINS

Oetinger aluminum smelter files for bankruptcy

The aluminum smelter Oetinger, one of the largest buyers of aluminum scrap, has filed for insolvency at the district court in Neu-Ulm on Tuesday. Frank Kebekus of the Düsseldorf law firm Kebekus et Zimmermann has been appointed as the preliminary insolvency administrator. The company ran into...

Rebound in aluminium prices and demand unlikely before end of 2013
01 JUL 20132MINS

Rebound in aluminium prices and demand unlikely before end of 2013

Aluminium is likely to stage a come back in demand as well as price only in the end of 2013. This outlook was conveyed during the Bureau of International Recycling (BIR) World Recycling Convention, held in Shanghai in late May Aluminium markets are in the midst of significant upheaval. Aluminium is...

Japan rolling mills prefer primary aluminum over scrap on low LME
28 JUN 20132MINS

Japan rolling mills prefer primary aluminum over scrap on low LME

Japanese rolling mills and extruders are buying more primary aluminum ingot instead of scrap due to the fall in London Metal Exchange high-grade aluminum prices, market sources said Thursday. Sales prices of primary aluminum ingot in Japan were heard at around Yen 200 ($2.04)/kg ex-warehouse for...

Chinese aluminum scrap price drops, LME hits 30-day low
25 JUN 20131MINS

Chinese aluminum scrap price drops, LME hits 30-day low

The price of Chinese aluminum scrap fell 2.8 percent on Friday, June 21, making it the day’s biggest mover. The price of Chinese aluminum billet dropped by 1.7 percent after holding steady. The cash price of Chinese aluminum weakened by 1.1 percent. The price of Chinese aluminum bar continues...

Novelis UK gains profit from recycling
24 JUN 20131MINS

Novelis UK gains profit from recycling

Operating profit has risen at Cheshire recycling company Novelis as the company completes a rationalisation program of its factories. Four years ago, Warrington-based Novelis UK announced a plan to shut its site in South Wales and in 2011 it agreed to deal with Discovery Foils to sell its base in...

Alcoa, Boeing partner to boost aluminum recycling
21 JUN 20131MINS

Alcoa, Boeing partner to boost aluminum recycling

Alcoa Inc. and Boeing Co.announced Wednesday at the Paris Air Show that they will be teaming up to form a closed-loop program aimed at significantly increasing the recycling of internal aluminum aerospace alloys used in the production of Boeing airplanes. Alcoa said the program will entail...

Harbor Intelligence confirms U.S. aluminum fee rise
19 JUN 20131MINS

Harbor Intelligence confirms U.S. aluminum fee rise

The fee buyers pay to obtain aluminum in the U.S. climbed to a record amid longer waits for warehouse supplies and reduced availability of scrap metal, Harbor Intelligence said. The so-called Midwest premium is 12 cents to 13 cents a pound, an all-time high, according to Harbor Intelligence, an...

Russian aluminum alloy prices defy LME fall
18 JUN 20132MINS

Russian aluminum alloy prices defy LME fall

Russian AK5M2 aluminum alloy offers were holding at $2,000-2,040/mt CFR Japan Friday, flat day on day, despite falling US scrap prices and lower London Metal Exchange aluminum prices, Japanese buyers said. AK5M2 alloy, or melted scrap aluminum, is used as feedstock for ADC12 secondary aluminum...