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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Orbex has unveiled the world's first marketplace for the trade of internationally certified recycled metals, intending to create a circular economy. The platform facilitates the trading of environmental commodities and has secured one of the largest supplies of recovered ferrous metal in North...
Magna International Inc., a Canadian automotive parts manufacturer, and the Department of Energy’s Pacific Northwest National Laboratory (PNNL) have reportedly developed a manufacturing process that can reduce aluminium auto parts suppliers’ reliance on new aluminium. The new process, Shear...
Found Energy has developed a ground-breaking technology that utilizes water to oxidize aluminium, converting stored energy into hydrogen and heat. This innovative process is capable of functioning with low-grade and contaminated aluminium waste. According to Gadi Ruschin, Co-Founder, they can...
Aluminium alloy ingot (ADC12) prices remained stable W-o-W at INR 199,000 per tonne exw Faridabad due to limited transactions in the market. However, although some vendors quoted higher rates, actual transactions were reported to be in the range of INR 198,000 per tonne-200,000 per tonne after...
The prices of imported aluminium scrap into India have decreased by $50-60 per tonne this week compared to the previous week. This is due to unimpressive London Metal Exchange futures prices. While prices have declined steadily, market sentiment remains uncertain due to highly volatile LME futures....
Aluminium scrap exports from the United States closed at 174,374 tonnes in March 2023, up 11 per cent from 157,101 tonnes in February. However, exports declined by 2 per cent Y-o-Y in March, compared to 178,575 t in the same month last year. The principal scrap grades shipped by the US were Zorba...
The recycling industry is currently experiencing a high demand due to the increasing importance of sustainability and environmental awareness. Audi, through its MaterialLoop Project, is investigating the process of downcycling, which occurs when recycled materials such as metals or plastics are...
India’s aluminium scrap, finished and semi-finished products exports in March 2023 reflected month-on-year and year-on-year growth of 11 per cent and 15 per cent, respectively, to reach 213,960 tonnes. A month ago, India exported 193,214 tonnes of aluminium and a year earlier, the country shipped...
The Union County Board of County Commissioners announced their upcoming free scrap metal recycling drop-off events for May 2023. From April through November, a range of metal objects, from home appliances to gutters and sheds, are accepted at two countywide collection locations in Cranford and...
Panellists at the Institute of Scrap Recycling Industries (ISRI) 2023 Convention & Exposition (ISRI2023) Spotlight on Aluminium session discussed investments in the North American aluminium value chain and potential impacts on aluminium scrap trade between the United States and India....
On Thursday, May 4, domestic aluminium scrap prices in India remained range-bound d-o-d. Aluminium tense scrap prices stood at INR 163,000 per tonne - INR 164,000 per tonne, whereas, for utensils, the price closed at INR 172,000 per tonne. However, owing to moderate demand, the price of aluminium...
Domestic pricing of aluminium alloy ingot ADC12 in India fell by INR 1,000 per tonne W-o-W to INR 200,000 per tonne. Although the present demand and supply situation seems modest, selling pressure in the local markets influences prices. Factors like higher import costs and limited transactions are...
Grupa Kęty S.A. has received ASI Performance Standard V2 (2017) Certification for its foundry and extrusion facility in Kęty, Poland, for producing billets and manufacturing aluminium profiles and components. With an annual manufacturing capacity of 90,000 tonnes, the firm is the largest Polish...
Following growth in major commodity markets like the London Metal Exchange (LME) and the Multi Commodities Exchange (MCX), the price of imported aluminium scrap in India witnessed significant progress this week. Despite higher prices, buyers are sourcing imported material from overseas markets like...
The US-based, highly efficient aluminium recycler Spectro Alloys Corp. has reportedly proposed to expand its capacity by building a new 90,000-square-foot facility on a 42-acre site along Highway 55. The project needs an investment of $76.8 million, for which the company is looking for state...
The recycled sector has been witnessing a steady bloom in the past few years, with all the major companies investing on a large scale to align their businesses with the current sustainability goals laid out by world associations. In collaboration with premium companies and specialists, BMW AG has...
Norsk Hydro has restarted working on a tender offer process to complete the acquisition of the 100 per cent share of Polish recycler Alumetal S.A. The tender offer was first launched in April 2022 but expired in the meantime. The European Commission’s merger review of the transaction is pending,...
In February 2023, the United States exported 159,000 tonnes of aluminium scrap, almost consistent compared to 160,000 tonnes in January, found the US Census Bureau data. On a year-on-year calculation, the export volume jumped 358 per cent from 34,700 tonnes. In the first two months of 2023, the...
