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) generally trended positively for the week ending on February 23, except aluminium, which saw a decline of 1.7 per cent due to increasing stocks. Aluminium stocks at LME warehouses notably rose by over 8 per cent to 580,275 tonnes from 534,925...
Eric Donsky's startup, Atomic13, has recently entered into an exclusive partnership with the U.S. Department of Energy's Pacific Northwest National Laboratory (PNNL). This agreement is centred on commercialising the innovative Shear Assisted Processing and Extrusion Process ( ShAPE™ ) technology,...
Headquartered in Boston, VisionCycle has inaugurated an artificial intelligence (AI) unit to capture copper and aluminium scrap. The brand’s broad vision for sustainability can be aligned with the global call for Net Zero and reduction of carbon emissions, as this green drive can induce material...
Aluminium scrap holds indispensable significance within manufacturing sectors worldwide, emerging as a pivotal commodity. Its allure lies not just in its economic appeal but also in its profound environmental virtues. Recycling aluminium emerges as a hero in the fight against energy depletion and...
Spot prices for aluminium ADC12 alloy ingot, equivalent to automotive-grade, experienced a weekly increase of INR 3,500 per tonne, reaching INR 202,000 per tonne ex-works in Delhi, excluding GST. This rise is primarily linked to the escalation in local Tense scrap prices, mainly due to shortages...
Sims Metal, an international leader in metal recycling, has invested in an electric car flattener at its Allens Avenue site, replacing the previous diesel model. The state-of-the-art equipment, weighing 60,000 pounds, is expected to cut the site's CO2 emissions by 9.6 tons annually. The initiative...
Oman recently played host to its inaugural Aluminium Recycling Forum at the JW Marriott Hotel in Muscat on February 14. Dr Abdullah bin Ali al Amri, Chairman of the Environment Authority, graced the event, marking a significant step towards sustainable practices in the country. The forum,...
India is witnessing a surge in imported aluminium prices this week driven by several factors, including a notable increase in futures, limited availability of material, and a positive shift in demand. Across various grades of aluminium scrap, prices have risen by approximately $25-35/t w-o-w....
Day three of the 11th International Material Recycling Conference unfolded with a symphony of voices echoing the challenges and triumphs of the aluminium industry. Dhawal Shah, Sr Vice President of MRAI and Partner at Metco Ventures LLP, took centre stage, vividly painting India's rapidly growing...
Rusal, the world's largest aluminium company by primary aluminium output, announced that it produced cast alloy with a higher share of recycled aluminium content, which increased to 25-30 per cent. The alloy is tailored primarily for the automotive industry. This new alloy is equivalent to Rusal's...
Original equipment manufacturers (OEMs) in the automobile sector saw M-o-M surge in aluminium ADC12 alloy ingot prices, climbing by INR 6,000 per tonne to reach INR 204,000 per tonne, excluding GST, at the ex-works (exw) Delhi rate. Meanwhile, spot prices for ADC12 alloy ingots increased by INR...
The Indian market for imported aluminium scrap has experienced a recent price decline, attributed to a drop in futures despite constrained material availability. Prices across all grades of aluminium scrap have notably decreased by as much as $140 per tonne on a week-over-week basis. As per...
During the week ending on February 2, 2024, base metals prices experienced a significant downturn on the London Metal Exchange (LME), with three-month aluminium futures dropping by 1.8 per cent to $2,233 per tonne, while nickel settled at $16,235 per tonne, marking a 3.3 per cent decrease....
Sohar Aluminium (SA) held Oman’s first ‘Aluminium Recycling Forum 2024: Forging the future,’ under the patronage of His Excellency Dr Abdullah bin Ali Al Amri, Chairman of Environment Authority, at JW Mariott Hotel, Muscat. The Forum, which was supported by the Environment Authority, marked a...
A new recycling technique is doing rounds in the market, capable of giving a new life to broken bicycle frames, used car parts, and twisted aluminium mesh in the form of door and window frames. The US Department of Energy’s Pacific Northwest National Laboratory (PNNL) in Washington has developed a...
Aluminium ADC12 alloy ingot spot prices for automobiles increased by INR 7,000 per tonne W-o-W, reaching INR 197,000 per tonne. This surge is primarily attributed to the rise in local and imported Tense scrap prices, per sources. The largest automobile manufacturer in India, which also sets the...
The Indian market for imported aluminium scrap has experienced a significant upturn in prices, driven by a surge in futures, heightened demand, increased freight rates, and limited material availability in the western part of the country. Prices for all grades of aluminium scrap have witnessed a...
The United States Geological Survey (USGS) data suggests that Canada and Mexico have emerged as two of the biggest aluminium scrap exporters to the USA. Firstly, the global emphasis on sustainability and eco-friendly practices has encouraged increased recycling efforts. As aluminium is renowned for...
