A WBCSD study says advanced sorting technology is available, but stronger demand for grade-specific secondary aluminium is needed to unlock investment. Technology for sorting mixed aluminium scrap has advanced significantly, but weak domestic markets for some recovered grades are limiting...
This week, domestic aluminium scrap prices in China remained largely stable, with some slight increases. Although primary aluminium prices rose notably, aluminium scrap struggled to catch up, and the price difference between A00 aluminium and aluminium scrap stayed high. In terms of prices, as of...
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Novelis Inc., the international arm of Hindalco Industries Limited and the world leader in aluminium rolling and recycling, has announced its third-quarter results demonstrating a further downfall in financial performance. According to Steve Fisher, president and CEO of Novelis Inc., the increased...
Marubeni Corporation, a major Japanese integrated trading and investment business conglomerate has recently invested Nguyet Minh 2 Trading-Services-Environment Joint Stock Company (NM2), a Vietnamese company specialising in aluminium recycling. Vietnam is Southeast Asia's largest consumer of...
India's ADC12 alloy market faced challenges in January 2025 as demand softened and prices hit their lowest level in nine months. BigMint's latest assessment shows that OEM-approved ADC12 in both Delhi and Chennai was priced at INR 208,000/tonne (t), a decrease of INR 1,000/t m-o-m. This decline...
Imported aluminium scrap prices in India witnessed an upward trend week-on-week (w-o-w), driven by a rise in London Metal Exchange (LME) aluminium tags. BigMint's benchmark assessment for Tense scrap originating from the US was at $1,850/tonne (t), increasing by $35/t w-o-w, while Wheels from the...
Phinix LLC, a St. Louis-based company specialised in providing product and process development, research and commercialisation, and marketing and manufacturing services for primary, scrap, secondary, and fabricated products, has reportedly launched its two-year project to develop a commercial...
The United States is one of the leading aluminium scrap exporters in the world, with an annual average export volume close to 2 million tonnes. In 2023, the country exported 2.06 million tonnes, and by October, 1.74 million tonnes was shipped. In the first ten months of the subsequent year, the...
On January 24, spot primary aluminium prices fell by RMB 10 per tonne compared to the previous trading day, with SMM A00 spot aluminium closing at RMB 20,190 per tonne. Aluminium scrap market quotations fluctuated rangebound following aluminium prices. In the short term, the fundamentals remained...
Aluminium recycling goes beyond sustainability; it serves as a key catalyst for economic growth, enhances supply chain resilience, and supports environmental responsibility. And talking about recycling, Novelis, the global leader in aluminium rolling and recycling, is leading the way in end-of-life...
Imported aluminium scrap prices in India witnessed an uptrend w-o-w, with fluctuations of up to 1.7 per cent, amid recovery demand post-New Year holidays. Amid a rise in London Metal Exchange (LME) aluminium prices, certain scrap grades reported supply shortages. BigMint's benchmark assessment for...
The Bureau of International Recycling (BIR) and the European Recycling Industries Confederation (EuRIC) reportedly wrote letters to the European Union, cautioning potential threats to the European domestic scrap industry if protectionist measures are taken in response to the appeal by the European...
Today, spot primary aluminium rose by RMB 140 per tonne compared to the previous trading day, with SMM A00 spot price closing at RMB 20,340 per tonne. Aluminium scrap market quotations mainly followed the upward trend. In the short term, the fundamentals remain tight on the supply side, and reverse...
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside of oil and gas and the world’s leading producer of premium aluminium, has announced the completion of civil works for the expansion project at its U.S. recycling subsidiary, Spectro Alloys. Source- EGA webiste...
Imported aluminium scrap prices in India dropped by up to 2.5 per cent w-o-w, mirroring a decline in London Metal Exchange (LME) levels. However, certain scrap grades held firm w-o-w amid reports of supply shortages. BigMint's benchmark assessment for Tense scrap originating from the UAE stood at...
According to the latest data from the US Geological Survey, the United States' domestic primary aluminium production showed a month-on-month rebound in October 2024. Aluminium scrap recovery also grew in the same month, suggesting an overall boost in aluminium operations nationwide. However, the...
The latest data from the US Geological Survey reflects a shift in the market dynamics for aluminium scrap in Thailand and Malaysia. Thailand, which usually happens to be the third-largest aluminium scrap importer from the United States, ranked second in September, beating Malaysia’s import volume....
Aluminium dross is a by-product formed during the melting and processing of aluminium. When aluminium is in its molten state, it undergoes oxidation on the surface, forming a ‘skin-like’ layer known as dross. In the past, aluminium dross was disposed of in landfills, a practice deemed hazardous to...
Base metals prices on the London Metal Exchange (LME) showed negative trends, with zinc recording the highest drop of 2.76 per cent d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed outflows, except for nickel stocks, which increased by 1.21 per cent d-o-d. COMEX market update...
GLE Scrap Metal Inc., a leading processor and trader of ferrous and nonferrous scrap, has acquired an interest in Mallin Cos. Inc., a Kansas City, Missouri-based scrap recycler. Mallin Cos. a fourth-generation family enterprise with 96 years of operation, runs two aluminium wire recycling lines in...
