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...
Grow with
AL Circle
At the close of trading on Friday, May 17, 2024, all base metals on the London Metal Exchange (LME) showed positive week-over-week trends. On the LME, three-month aluminium futures hiked by 3.2 per cent to reach $2,612 per tonne, while nickel settled at $21,080 per tonne, marking an impressive...
JD Ambati is the founder and CEO of EverestLabs , an artificial intelligence (AI) and robotics company enabling material recovery facilities (MRFs) to digitise and automate recycling. Steeped in more than 20 years of experience across AI, product development, and strategy – JD saw an opportunity to...
During the week ending on May 10, 2024, the London Metal Exchange (LME) witnessed considerable volatility in the prices of most base metals. Three-month aluminium futures on the LME slid by 0.86 per cent to reach $2,529 per tonne, while nickel settled at $18,925 per tonne, marking a decline of 1.62...
Investments in the recycling industry can facilitate the recovery and reuse of valuable resources from waste materials . This reduces the strain on natural resources and promotes sustainable practices crucial for long-term environmental and economic sustainability. Increased investment can lead to...
Spot prices for India's aluminium alloy ADC12 ingot declined by INR 3,000 per tonne, now standing at INR 216,000 per tonne week-on-week exw Delhi NCR. As per BigMint's latest assessment, tense scrap prices also saw a decrease, reaching INR 185,000 per tonne ex-Delhi, marking a weekly decline of INR...
The US Geological Survey's latest data showed the United States’ domestic primary aluminium production trended down during the first two months of 2024, while scrap recovery surged suggesting the country's constant shift to recycled aluminium from the primary metal. Image courtesy: USGS Scrap...
The global heavy metal industry is undergoing a significant transformation. It is prioritising the use of recycled materials to eradicate carbon emissions and promote sustainable practices. In response to escalating environmental concerns and climate volatility, international heavy metal brands are...
Marking a landmark collaboration that echoes the spirit of innovation and environmental stewardship, Sohar Aluminium and Oman Aluminium Processing Industries (OAPIL) have recently formalised a Memorandum of Understanding (MoU). This strategic alliance unveiled amidst the esteemed Oman...
Norsk Hydro's first quarter CY2024 report, released on Wednesday, April 24, highlighted a challenging financial performance attributed to depreciated aluminium sales prices, lower aluminium extrusion sales volumes, and lower recycling margins. The company's revenue was generated at NOK 47,545...
This week, India's imported aluminium scrap market saw a notable uptick, buoyed by the positive trajectory of LME futures prices, which surged by $50 per tonne week-over-week (W-o-W) to hit $2600 per tonne. As of the latest report, the three-month LME price stood at approximately $2,600 per tonne,...
RUSAL, one of the world's largest aluminium producers, has successfully supplied rolling slabs containing recycled content to a longstanding partner. This supply comes in response to increasing demand for sustainable aluminium products, particularly within the food and beverage sector. The...
Norsk Hydro, a Norwegian aluminium and renewable energy company, has reportedly planned to invest NOK 180 million in developing a state-of-the-art aluminium scrap sorting facility at its recycling plant in Wrexham, UK. As per the report, the facility will be able to source and sort over 30,000...
Cologne – As a leading provider of sorting solutions in metal and waste recycling, STEINERT is presenting four new sorting systems and add-ons all at once at the IFAT trade fair in Munich (13/05 – 17/05/2024). A specially created innovation area on the STEINERT Stand 451/550 in Hall B6 is providing...
On Tuesday, 23 April, the Aluminium Stewardship Initiative (ASI) announced that Ye Chiu Metal Smelting has achieved the ASI Performance Standard V3 (2022) for its secondary aluminium alloy ingot manufacturing operations in Johor, Malaysia. This facility, among the largest in Asia for aluminium...
Around 200,000 vehicles in the Estonian traffic register have destroyed, lost, or suspended registrations. Starting in 2025, owners of these vehicles may be required to pay motor vehicle tax. However, the Ministry of Climate has proposed a bill to exempt individuals who have vehicles with unknown...
Delving into the heart of sustainable aluminium production, Hydro unveils an enigmatic project with its latest investment of NOK 240 million in a cutting-edge recycling facility nestled near its primary aluminium plant in Høyanger. Mayor of Høyanger - Petter Sortland, Executive Vice President of...
According to the US Census Bureau survey, the United States aluminium scrap exports initiated the year 2024 with an annual decline of 5,000 tonnes or 3.13 per cent, reaching 155,000 tonnes. In January 2023, the United States aluminium scrap exports amounted to 160,000 tonnes. The year-on-year drop...
According to China customs data, China's total aluminium scrap imports from January to February 2024 amounted to 289,000 tonnes, reflecting an annual hike of 19.2 per cent. In individual months, the imports stood at 171,000 tonnes and 118,000 tonnes, respectively, experiencing a significant rise of...
