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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According to a report by Mint, India's aluminium sector is advocating for increased import levies on aluminium and its scrap due to concerns about dumping by China, the Middle East, and ASEAN countries. Import duties on aluminium scrap to be raised In a budget proposal to the finance ministry, the...
According to BigMint's latest assessment, spot prices for ADC12 aluminium alloy ingots, commonly used in the automotive industry, remained stable week-over-week in both the Delhi NCR and Chennai regions. In Delhi NCR, ADC12 spot prices were evaluated at INR 213,000 per tonne (ex-Delhi), which is in...
This week, imported aluminium scrap prices in India have seen a modest increase, buoyed by a slight uptick in LME aluminium prices and increased purchasing activity in Europe ahead of the summer recess. Three-month LME aluminium prices reached $2,526 per tonne, marking a marginal week-on-week rise...
The Recycling Today Media Group has announced that registration is officially open for Scrap Expo 2024, the metals recycling and auto dismantling industry's only live demonstration event. Taking place September 17-18 in Louisville, Kentucky, Scrap Expo is designed for scrap metal dealers and...
A groundbreaking network arch bridge featuring a fully aluminium support structure is currently under construction in Trondheim, Norway. The project stands out due to its extensive use of recycled materials, with one-third of the aluminium sourced from the decommissioned Gyda Oil Platform. The...
The Material Recycling Association of India (MRAI), the leading national recycling association representing the interest of the recycling industry, is committed to achieving circularity in recycling to foster sustainability and a green economy. This year, MRAI is hosting its 2nd edition...
This week, India's imported aluminium scrap prices have experienced a downward correction. This is primarily due to the impact of the approaching monsoon on market demand, despite the stable LME aluminium prices. The resulting activity slowdown has led to this market shift. The 3-month LME...
Hupfer, in its commitment to foster sustainability and a circular economy, has innovatively introduced a 'buy back guarantee' programme for aluminium and stainless steel shelving. This unique initiative allows Hupfer to repurchase eligible products at the end of their lifespan, with the scrap value...
GME Recycling, the leading company in the production of recycling plants, introduces Ventiduedenti, the innovative aluminium shredder that will revolutionise the world of recycling. The cooperation between GME Recycling and Bosch Rexroth led to the creation of this new shredder, characterised by...
The US aluminum scrap market has kicked off 2024 with a significant momentum of 2.06 per cent rise in exports and 6.04 per cent rise in imports during the first quarter of 2024, reflecting a broader economic trend and strategic shifts in trade policies. The first quarter of the year has seen a...
BigMint's latest assessment indicated a slight decline in spot prices for aluminium ADC12 alloy ingots in Delhi NCR, now at INR 215,000 per tonne, week-on-week. Additionally, tense scrap prices fell by INR 3,000 per tonne to INR 185,000 per tonne ex-Delhi, with the scrap-to-ADC12 spread recorded at...
The use of aluminium in bike frames can be traced back to the late 19th century. Since then, it has been one of the most relied-on and widely used materials for bike frames. Notable companies like Brompton, Hero Lectro, Orange Bikes, etc, have incorporated aluminium in their bicycle frames. When...
The year-end statistics of 2023, as reported by the United States Census Bureau and the US Geological Survey, revealed a significant strategic shift in the non-ferrous scrap export market, particularly aluminium, with a notable increase in buyers from China. Through 2023, the United States exported...
The United States' domestic primary aluminium production in March 2024 recorded a month-on-month increase after two back-to-back months of decline in January and February. However, on a year-on-year calculation, the United States' primary aluminium production in March was 12.31 per cent less than...
The aluminium industry is intensifying its efforts to reduce carbon emissions, and recycling metal can revolutionise the market. According to the Managing Director of industry consulting firm Harbor Aluminum, the world is set to add 22 million tonnes of aluminium capacity from scrap over the next...
To position as a top aluminium recycler in Europe, Speira is increasingly investing in building new or expanding existing recycling capacities. According to a recent report, the European company is investing 40 million euros for an additional recycling capacity and revamping the Rheinwerk plant to...
In April 2024, India's imports of aluminium scrap continued their upward trajectory, growing by 5 per cent from the previous month, according to provisional data from BigMint. This followed a notable 18 per cent surge in March. However, compared to last year's corresponding period, import volumes...
In February 2024, there was a notable shift in the export dynamics of US aluminium scrap, according to the United States Geological Survey. Previously, India held the position of second-highest export destination until January 2024. But subsequently, Thailand emerged as the second top importer of...
