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VHE completes fabrication and installation of a preheating furnace
30 APR 20131MINS

VHE completes fabrication and installation of a preheating furnace

VHE has completed the fabrication and installation of a preheating furnace for the Rio Tinto Alcan smelter at Straumsvík in Iceland. The furnace, which is semi-automatic, is able to heat 15 tonnes of scrap to 200°C within 2 hours. At this temperature all water and many low-boiling point organics...

Aluminum scrap prices fall 2.5%
24 APR 20131MINS

Aluminum scrap prices fall 2.5%

Weakening prices ended a three-day flat streak as the price of Chinese aluminum scrap fell 2.5 percent on Monday, April 22. The price of Chinese aluminum billet reached a thirty-day low after decreasing 1.7 percent. The cash price of Chinese aluminum saw little movement yesterday. The price of...

AFRA accredits two more aircraft recyclers
22 APR 20132MINS

AFRA accredits two more aircraft recyclers

The US Aircraft Fleet Recycling Association has expanded its list of accredited recyclers by adding Minnesota-based Aircraft Demolition and Dutch player Aircraft End-of-Life Solutions. According to the association, the accreditations are based on its renewed Best Management Practices Guide dealing...

China aluminum scrap price rises nearly 4%
22 APR 20131MINS

China aluminum scrap price rises nearly 4%

The biggest mover on the weekly Aluminum MMI was the price of Chinese aluminum scrap, which saw a 3.9 percent increase. This comes on the heels of a 0.6 percent decline the week prior. Following a 1.2 percent increase in the week prior, the cash price of Chinese aluminum fell 1.4 percent last week....

Prices up again for Chinese aluminum scrap
19 APR 20131MINS

Prices up again for Chinese aluminum scrap

The price of Chinese aluminum scrap increased by 3.9 percent on Tuesday, April 16, making it the day’s biggest mover. The cash price of Chinese aluminum fell 0.6 percent. The price of Chinese aluminum billet fell 0.3 percent. The price of Chinese aluminum bar continues hovering in place for the...

US aluminum alloy maker Beck to shut furnace on tight scrap
16 APR 20131MINS

US aluminum alloy maker Beck to shut furnace on tight scrap

US secondary aluminum producer Beck Aluminum Alloys has shut one of two furnaces at its Racine plant due to tight margins, a company source said Monday. The Beck source said the plant will operate only one of its furnaces until scrap spreads improve. The furnace has a capacity of 160,000 lbs/year....

Indian, Chinese, and LME aluminum prices at odds
14 APR 20131MINS

Indian, Chinese, and LME aluminum prices at odds

The cash price of primary Indian aluminum saw a 1.2 percent drop on April 11, 2013, making it the biggest mover of the day on MetalMiner’s price index. On the LME, the cash price of primary aluminum rose 1.0 percent to $1,878 per metric ton. On the LME, the aluminum 3-month price gained 0.9 percent...

NASAAC-based contracts to remain in secondary aluminum market
14 APR 20132MINS

NASAAC-based contracts to remain in secondary aluminum market

The North American Special Aluminum Alloy Contract will not die as a pricing mechanism, said Alan Dick, president of scrap supplier Alpert & Alpert Iron & Metal, during a panel session Thursday at the Institute of Scrap Recycling Industries convention in Orlando, Florida. He said he expects market...

China scrap aluminum price falls on daily index
12 APR 20131MINS

China scrap aluminum price falls on daily index

The cash price of primary Indian aluminum saw the biggest upwards shift for the day, rising 1.2 percent on April 12, 2013. Weakening prices followed two days of improvement as the primary aluminum cash price dropped 0.4 percent on the LME to $1,858 per metric ton. The LME 3-month price of aluminum...

LME cash price of aluminum drops 1.1%
08 APR 20131MINS

LME cash price of aluminum drops 1.1%

On April 3, 2013, the day’s biggest mover was the cash price of primary aluminum, which saw a 1.1 percent decline on the LME to $1,861 per metric ton. The 3-month price of aluminum fell 0.9 percent to $1,892 per metric ton yesterday on the LME after two days of no change. The Indian aluminum cash...

Chinese aluminum scrap price shifts up 1.5%
05 APR 20131MINS

Chinese aluminum scrap price shifts up 1.5%

Chinese aluminum scrap prices rose 1.5 percent to finish as the day’s biggest mover. The cash price of Chinese aluminum flattened after two days of downward movement. The price of Chinese aluminum bar continues hovering in place for the fifth day in a row. Chinese aluminum billet saw little change...

Chinese  aluminium scrap price up 1.4%
04 APR 20131MINS

Chinese aluminium scrap price up 1.4%

The price of Chinese aluminum scrap closed on April 1, 2013, by halting its three-day flat run with a 1.4 percent drift. After three straight days of no change, the price of Chinese aluminum billet decreased by 0.7 percent. The cash price of Chinese aluminum fell 0.4 percent. For the fifth day in a...

Chinese aluminum scrap shoots up over the week on price index
01 APR 20131MINS

Chinese aluminum scrap shoots up over the week on price index

Prices for Chinese aluminum scrap saw the biggest increase on the weekly Aluminum MMI, rising 7.1 percent. The price of Chinese aluminum billet fell 0.3 percent after rising 0.3 percent the week before. The Chinese aluminum cash price closed last week after a 0.3 percent drop. Chinese aluminum bar...

China's domestic ADC12 spot offers remain range bound
28 MAR 20133MINS

China's domestic ADC12 spot offers remain range bound

China's domestic spot aluminum alloy offers generally remained range bound, while demand stayed fairly steady with no sign of a significant swing in either direction, industry sources said on Tuesday. Leading Chinese producer Sigma Metals maintained its offer steady at Yuan 17,100/mt ex-works...

Chinese aluminium scrap price spikes
28 MAR 20131MINS

Chinese aluminium scrap price spikes

The price of Chinese aluminum scrap rose 7.1 percent on March 25, 2013, making it the day’s biggest mover on MetalMiner’s price index. The price of Chinese aluminum billet declined 0.3 percent. The cash price of Chinese aluminum rose 0.1 percent. The price of Chinese aluminum bar saw essentially no...

LME price of aluminum drops
22 MAR 20131MINS

LME price of aluminum drops

The day’s biggest mover was the cash price of primary aluminum which dropped by 2.5 percent on March 19, 2013 to close at $1,895 per metric ton on the LME. The aluminum 3-month price saw a 2.3 percent decline on the LME to $1,938 per metric ton. Following a two-day drop, the cash price of primary...

Idling high-cost secondary smelting capacity would benefit entire supply chain - Beck Aluminum
15 MAR 20133MINS

Idling high-cost secondary smelting capacity would benefit entire supply chain - Beck Aluminum

The near-term demand picture for the US secondary aluminium industry looks relatively bright while the transport end-markets continue to show strength beyond expectations, Scott Beck, president of Beck Aluminum, said. Still, the sector faces numerous challenges, including smelter overcapacity,...

China Aluminum Scrap Price Drops on Weekly Index
11 MAR 20131MINS

China Aluminum Scrap Price Drops on Weekly Index

Following a 3.2 percent decline, Chinese aluminum scrap finished as the week’s biggest mover on the weekly Aluminum MMI. Following a steady week, prices for the Chinese aluminum cash price closed flat. The price of Chinese aluminum bar did not change since the previous week. Chinese aluminum billet...