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Japan aluminum smelters considering alloy import due to high feedstock prices
06 FEB 20132MINS

Japan aluminum smelters considering alloy import due to high feedstock prices

Japanese secondary aluminum smelters making ADC12 aluminum alloy are considering alloy imports, rather than producing it themselves, due to higher costs of aluminum scrap feedstock, market sources said Tuesday. Russian AK5M2 scrap-based feedstock used for ADC12 production was offered at...

LME Cash Price of Aluminum Rises 1.3%
05 FEB 20131MINS

LME Cash Price of Aluminum Rises 1.3%

On Feb. 1, 2013, the cash price of primary aluminum experienced the biggest change on our price index, rising 1.3 percent on the LME to $2,073 per metric ton. Also on the LME, the 3-month price of aluminum gained 1.2 percent to finish at $2,110 per metric ton. The Indian aluminum cash price fell by...

Aluminum Down at base metal market
31 JAN 20131MINS

Aluminum Down at base metal market

The day’s biggest mover was the aluminum cash price which dropped by 1.8 percent on Jan. 29, 2013 to close at $2,006 per metric ton on the LME. The aluminum 3-month price weakened by 1.4 percent on the LME, settling at $2,045 per metric ton. The Indian aluminum cash price declined 1 percent....

Mill-grade aluminum scrap prices dip
30 JAN 20132MINS

Mill-grade aluminum scrap prices dip

Mill-grade aluminum scrap prices slipped Jan. 28 in step with the London Metal Exchange, with market participants noting limited activity on worsening margins. Prices for 5052 segregated low-copper alloy clips were in a range of 94 to 96 cents per pound, down from 95 to 97 cents Jan. 24, while 3105...

Abandoned aircraft in Nigeria to be recycled into aluminium as roofing sheets
24 JAN 20133MINS

Abandoned aircraft in Nigeria to be recycled into aluminium as roofing sheets

The special task force on evacuation of abandoned aircraft at airports across Nigeria on Thursday commenced the dismantling of a DC8 aircraft used by the Federal Airports Authority of Nigeria (FAAN), which will be taken away as scraps aluminium for recycling. This is coming a week after FAAN issued...

Fountain man recycles aluminum in unique way
17 JAN 20133MINS

Fountain man recycles aluminum in unique way

According to the Environmental Protection Agency, in 2010, Americans threw away approximately 2.7 million tons of aluminum-based products. The largest percentage of this aluminum came from soft drink and beer cans. In all, only 50 percent, or 0.7 million tons, of those aluminum cans were recycled....

ISRI celebrates recycling highlights of 2011-2012
16 JAN 20132MINS

ISRI celebrates recycling highlights of 2011-2012

United States: 'In 2011 alone, nearly 135 million metric tons of scrap metal, paper, plastic, glass, textiles, rubber and electronics valued at approximately US$ 100 billion were manufactured into specification-grade commodities by the US scrap recycling industry,' the Institute of Scrap Recycling...

JW Aluminum Finds Scrap Supplier for South Carolina Plant
16 JAN 20132MINS

JW Aluminum Finds Scrap Supplier for South Carolina Plant

The David J. Joseph Co.’s Metals Group and JW Aluminum have announced that as of Jan. 21, 2013, JW Aluminum will use DJJ as the primary scrap buying agent for its Mt. Holly, S.C., aluminum manufacturing facility. JW Aluminum will continue to source scrap directly from the marketplace for its other...

Aluminum Price Index Held Steady in 2012
10 JAN 20131MINS

Aluminum Price Index Held Steady in 2012

The January Aluminum MMI held steady this past month at 99. Prices for nearly every aluminum element contained in the monthly aluminum price index held constant, and movements were limited to a very tight range. “The Aluminum MMI has held up strongly since the start of 2012, slipping only one point...

Aleris restructures leadership of its global recycling business
10 JAN 20131MINS

Aleris restructures leadership of its global recycling business

Aleris has restructured the leadership of its global recycling business following the depature of executive vice president Alan Dick who was also chief executive officer of global recycling. Terrence J Hogan, senior vice president and general manager of recycling and specification alloys...

Mill-grade aluminum scrap price falls
09 JAN 20132MINS

Mill-grade aluminum scrap price falls

Mill-grade aluminum scrap prices have logged some hefty declines while secondary aluminum scrap and alloy prices remain largely unchanged as strong demand and reports of tightening scrap flows lend support. Prices for 1-1-3 sows fell to a range of 78 to 80 cents per pound from 79 to 81 cents...

Aluminum scrap, alloy prices up on LME surge
08 JAN 20132MINS

Aluminum scrap, alloy prices up on LME surge

Free-market aluminum scrap and secondary alloy prices recorded gains on this week’s surge in London Metal Exchange prices, although some players believe prices will settle down shortly. Twitch moved up to a range of 82 to 83 cents per pound from 81 to 83 cents, while secondary-grade painted siding...

GCC aluminium scrap market growth to top 10pc
07 JAN 20133MINS

GCC aluminium scrap market growth to top 10pc

The aluminium scrap and recycling market in the GCC was estimated at 292,281 metric tonnes (MT) in 2010 and is expected to reach 593,434 MT in 2017 at a compound annual growth rate (CAGR) of 10.6 per cent, a report said. The aluminium recycling market is at a nascent stage in the GCC, as it is...

New Aluminium Smelters and Downstream Industries to boost Secondary Aluminium Market in the GCC
02 JAN 20133MINS

New Aluminium Smelters and Downstream Industries to boost Secondary Aluminium Market in the GCC

Globally, Middle East and North Africa (MENA) has been a major exporter of its primary Aluminium production. The Aluminium industry, specifically in the Gulf Cooperation Council (GCC) is one of the key sectors driving the economy and contributes significantly to the primary aluminium growth in...

Japan's aluminum auto scrap dealers eye exports as local demand slows
20 DEC 20122MINS

Japan's aluminum auto scrap dealers eye exports as local demand slows

Japanese aluminum auto shred scrap suppliers are eyeing exports as local demand has slowed on the back of falling car production since October, market sources said Tuesday. Spot inquiries for scrap aluminum exported from Japan to Asian countries rise at this time of the year as scrap yards close in...

Aleris to close Bens Run recycling facility
19 DEC 20122MINS

Aleris to close Bens Run recycling facility

Bens Run, a Pleasants County aluminum recycling facility will cease operations next year. Aleris will close its Bens Run recycling facility March 1. Jason Saragian, director of communication for Aleris, said 30-40 employees will be impacted. Employees were notified of the closure Friday. "Despite...

Aluminum Scrap Import Volume Increased Largely in November
18 DEC 20121MINS

Aluminum Scrap Import Volume Increased Largely in November

The data showed aluminum scrap volume was 240 thousand tons in November in China, compared 200 thousand tons in October increased 20%. Though aluminum scrap volume increased largely in November, still reduced 14.3% when compared with 280 thousand tons in last year. According to the survey results...

Novelis begun construction on the world's largest aluminum recycling centre in Germany
18 DEC 20122MINS

Novelis begun construction on the world's largest aluminum recycling centre in Germany

Atlanta-based Novelis has begun construction on the world’s largest aluminum recycling and casting centre in Germany. The $250-million facility will be constructed adjacent to the existing Novelis aluminum rolling mill and will produce 400,000 metric tonnes of aluminum sheet ingot from recycled...