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SCRAP REACHES FLOOR, EYES Q1 DEMAND
10 OCT 20112MINS

SCRAP REACHES FLOOR, EYES Q1 DEMAND

Scrap input prices have come down over the past couple of months and have "found a floor," said an Italian alloy producer, adding: "It's not possible to push prices down any further otherwise we will be suffering again." Prices for scrap in Germany were said to be flat. Scrap buyers would be...

Pressure finally tells on UK aluminium scrap prices
07 OCT 20111MINS

Pressure finally tells on UK aluminium scrap prices

UK aluminium scrap prices finally lost support and fell sharply on Wednesday, with all grades showing significant losses as the market succumbed to the continuing turmoil in European debt markets. “Prices have been pretty horrendous this week and have fallen significantly from just a couple of...

Research and Markets: Opportunities in Brazil Aluminium Market - recycling and consumer demand drive huge growth
07 OCT 20111MINS

Research and Markets: Opportunities in Brazil Aluminium Market - recycling and consumer demand drive huge growth

Research and Markets has announced the addition of Dion Global Solutions Ltd's "Opportunities in Brazil Aluminium Market" report to their extensive offering of materials markets publications. Brazil is one of the rapidly growing aluminium markets in the Latin American region. The country has...

Aluminum Scrap Import Customs Cost Continues to Rise in Guangdong
30 SEPT 20111MINS

Aluminum Scrap Import Customs Cost Continues to Rise in Guangdong

It is learned that aluminum scrap import customs cost(taxation + customs clearance fee) continues to rise in Guangdong,and September,import cost increased further. For example in Guangdong port customs clearance fee for aluminum shred was 1,650 Yuan/Ton in August, while in September it jumped to...

Increase in Scrap demand and recovery for US
28 SEPT 20111MINS

Increase in Scrap demand and recovery for US

The US aluminum industry bought an estimated 712 million lb of aluminum scrap during July 2011, according to the US Geological Survey. Figures are up 11.3% over a year ago.USGS estimates that recovery of aluminum and aluminum alloys totaled 567 million lb in July, up 6.8%. Through the first seven...

End-of-waste could hurt market, say UK secondary aluminium producers
26 SEPT 20111MINS

End-of-waste could hurt market, say UK secondary aluminium producers

UK aluminium scrap buyers are concerned that the forthcoming end-of-waste legislation will have an adverse effect on the domestic market by slashing supply levels and increasing prices. The end-of-waste legislation, which becomes effective throughout the EU on October 9, redefines certain types of...

Market weak on sluggish industrial demand
26 SEPT 20111MINS

Market weak on sluggish industrial demand

Traders said sluggish industrial demand and reports of a weak global trend mainly led to the decline in prices. Following were today’s quotations in Rs a kg: aluminium wire scrap 112 and aluminium utensils scrap 109.

North American Recycling, Llc Offers An Excellent Recycling Service
23 SEPT 20112MINS

North American Recycling, Llc Offers An Excellent Recycling Service

The concept of Reduce, Recycle, Reuse and Re-manufacture is getting global awareness nowadays that many recycling organizations are introducing various measures to check and control the recycling wastes to a great extent. In the recent times, it has been found that scrap recycling industries are...

UAE recycles five million tonnes of scrap metal annually
22 SEPT 20112MINS

UAE recycles five million tonnes of scrap metal annually

The UAE's position as a major hub for the global multi-billion dollar scrap metal recycling industry will be a key feature of the inaugural Green Middle East exhibition and conference, to be held from 17-19 October 2011 at Expo Centre Sharjah. Both the UAE and Saudi Arabia have established...

US metal price indices fall in August
21 SEPT 20111MINS

US metal price indices fall in August

With the exceptions of aluminum and titanium mill shapes and aluminum base scrap, August price indices for various metals and metal scrap products fell compared with July, the Bureau of Labor Statistics (BLS) data show.

Base metals weaken on lower global trend, reduced offtake
21 SEPT 20111MINS

Base metals weaken on lower global trend, reduced offtake

Base metal turned weak and prices declined up to Rs 5 per kg on the local non-ferrous metal market today due to reduced industrial demand amid weakening global trend. Quotations in Rs per kg: aluminium ingots 112,aluminium wire scrap 112 and aluminium utensils scrap 109.

Alcoa Names 2011 Top North American Scrap Aluminum Suppliers
20 SEPT 20111MINS

Alcoa Names 2011 Top North American Scrap Aluminum Suppliers

Alcoa (NYSE: AA) today announced its Top North American Scrap Aluminum Suppliers as well as the “Most Improved” Supplier for 2011.The leading are Commercial Metals Company [Dallas, TX], Jack Engle & Company [Los Angeles, CA],Omnisource & Omnisource SE Corporation. This marks the seventh consecutive...

Secondary market - Eurometric review
16 SEPT 20111MINS

Secondary market - Eurometric review

There are sufficient quantities of low grade scrap aluminium available in Belgium, whereas high grade scrap materials are more difficult to obtain. Secondary aluminium smelters are fully booked until the end of this year. Secondary ingot prices are more or less stable, because of long delivery...

US aluminum scrap exports jump to three-year high
15 SEPT 20111MINS

US aluminum scrap exports jump to three-year high

US aluminum scrap exports reversed a two-month slide in July as China’s large appetite and softer US prices vs. other nations helped push deliveries of the light metal to a three-year high. US aluminum scrap exports reversed a two-month slide in July as China’s large appetite and softer US prices...

Weak Consumption and high costs lower scrap imports
15 SEPT 20111MINS

Weak Consumption and high costs lower scrap imports

China Customs released imports and exports data of aluminum scrap in August.In August China imports 200 thousand tons of aluminum scrap, decrease 23.08%, compared with the same period of last year. Comsumption continues weak and the high cost of import are the main reasons for the decline. There...

China Imported Aluminium scrap lesser in August
13 SEPT 20111MINS

China Imported Aluminium scrap lesser in August

According to the China’s newest customs statistics,the amount of imported aluminum scrap in August is 200,000 tons, which is lower than that of July(220,000 tons).

Aluminum Scrap Imported by Guangdong may Decrease
12 SEPT 20111MINS

Aluminum Scrap Imported by Guangdong may Decrease

Aluminum scrap imported by Guangdong may decrease and the amount is limited. It is because restrictions on imported aluminum scrap tend to be stricter and examination intensity on domestic consignees are being tightened. The primary condition for importing aluminum scrap is to have verification...

Mathematics Will Increase Aluminium Recycling
09 SEPT 20111MINS

Mathematics Will Increase Aluminium Recycling

Using mathematical models, Norwegian research scientists and Scandinavian industry are working on tailoring alloys which will increase the usefulness of recycled aluminium. The objective of the five-year project is to develop technical production "recipes" which will enable aluminium scrap to...