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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Base metals prices on the London Metal Exchange (LME) showed positive trends, with zinc increasing by 1.07 per cent d-o-d. Meanwhile, inventories at LME-registered warehouses remained stable d-o-d. Additionally, LME was closed today due to the New Year holiday. COMEX market update Copper prices on...
Gravita India Limited is one of the leading global recycling companies known for its expertise in recycling aluminium scrap, used batteries, and lead scrap. More recently, it saw a surge of 3 per cent in its stock during the day's trade. Why the 3% surge The reason behind this stock surge can be...
Researchers at the Department of Energy's Pacific Northwest National Laboratory (PNNL) have developed a groundbreaking method to directly transform and upgrade metal scrap into high-performance, high-value alloys using a technique called "solid-phase alloying." This innovative approach eliminates...
Import tariff reductions are an effective strategy to boost the domestic market, just as tariff hikes are often used to protect local industries. Recently, the Ministry of Finance of the People's Republic of China reduced import tariffs on ethane and specific recycled aluminium and copper raw...
A circular economy is an essential part of building a sustainable future as it addresses critical global challenges like resource depletion, waste generation, and environmental degradation. Aluminium plays a pivotal role in this context due to its exceptional recyclability. According to the...
The third quarter data from the United States Geological Survey shows a sequential fall in the country’s aluminium scrap exports, in line with a decreased volume of scrap recovery during the same period of 2024. A 2 per cent decline in the United States aluminium scrap recovery during Q3 resulted...
Base metals prices on the London Metal Exchange (LME) showed negative trends, except for copper, which increased by 0.11 per cent d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed outflows, with zinc stocks decreasing by 2.61 per cent d-o-d. COMEX market update Copper prices on...
Imported aluminium scrap prices in India remained range-bound w-o-w, with fluctuations of up to 1.5 per cent, amid moderate demand. Despite a decline in London Metal Exchange (LME) aluminium prices, certain scrap grades held firm w-o-w amid reports of supply shortages. BigMint's benchmark...
According to the US Geological Survey data, the United States' primary aluminium production slightly rebounded in the third quarter, standing at 167,600 tonnes versus 167,000 tonnes in Q2. However, despite the sequential increase, the Q3 output volume was less than the Q2 production of 172,000...
Imported aluminium scrap prices in India remained range-bound w-o-w, with variations by up to 2 per cent, amid slow trading activity, which has caused market uncertainty towards the year-end. BigMint's benchmark assessment for Tense scrap originating from the UAE stood at $1,800/tonne (t), firm...
Aluminium Stewardship Initiative has reportedly acknowledged Alle Aluminio Ltda with the Performance Standard V3 (2022) Certification for producing recycled aluminium products at its Betim, Minas Gerais, Brazil facility. Alle Aluminio, a leading recycled aluminium product manufacturer in the Brazil...
Imported aluminium scrap prices in India remained range-bound w-o-w, with variations by up to 1.3 per cent, amid slow trading activity. BigMint's benchmark assessment for Tense scrap originating from the UAE stood at $1,800/tonne (t), firm w-o-w, while Zorba 95/5 from the UK stood at $2,100/t,...
Aluminium scrap exports from the United States stabilised in August 2024, following two months of decline. According to the US Census Bureau survey, the export volume remained at 168,000 tonnes in August, unchanged from July's figures. Back-to-back, in June and July, the United States' aluminium...
Imported aluminium scrap prices in India remained firm, with few grades edging lower by up to 1.5 per cent w-o-w. BigMint's benchmark assessment for tense scrap originating from the UAE stood at $1,800/tonne (t), firm w-o-w, while zorba 95/5 from the UK stood at $2,110/t, stable w-o-w, both prices...
India's ADC12 non-OEM prices experienced a slight rise of INR 1,000/t ($12/t) w-o-w due to higher raw material costs. However, demand for aluminium ADC12 remained sluggish in the domestic markets of Delhi-NCR and Chennai. BigMint's benchmark assessments for ADC12 (non-OEM) grade stood at INR...
Singapore-based start-up Nandina REM is changing the game with a pioneering approach to aircraft recycling. The company transforms materials, including aluminium, into high-quality, ultra-low-emission, and traceable resources for industries like aviation and automotive. These materials can be used...
The United States’ increased focus on the secondary aluminium industry led to a year-on-year decline in its primary aluminium production for another month but a rise in aluminium recovery from scrap. According to the data from the US Geological Survey, the United States’ primary aluminium...
North America's increasing reliance on secondary aluminium is driving the domestic companies to advance their recycling processes by investing in new cutting-edge technologies. Such is an instance with North America's one of the largest aluminium companies that has secured a new recycling...
