Weak domestic markets are holding back aluminium scrap sorting investments, WBCSD study finds
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...
ADC12 prices rise for consecutive weeks, profit improvement and marginal demand recovery
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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US aluminium scrap exports to South Korea continue to rise M-o-M to 32,600 tonnes in November 2021
In November 2021, the United States exported 32,600 tonnes of aluminium scrap to the Republic of Korea, which was an increase of 4,200 tonnes or 14.79 per cent month-on-month, found the US Census Bureau data. In October 2021, the United States’ aluminium scrap exports to South Korea were 28,400...
Ecuador’s export of aluminium scrap during 2019-21 illustrates gradual downfall; 26% further dip estimated for 2022
The economic recovery of Ecuador has been analysed by several economists to remain relatively weak in 2021 but forecast growth exceeding 4% in 2022, while Ecuador has managed to plug its large fiscal deficit projected to reach $4.8 billion (4.6% of GDP) in 2021— with credits and deferrals. The...
India’s aluminium scrap imports from India reflect a 13% decline M-o-M in November 2021: USGS
In November 2021, India’s aluminium scrap imports from the United States dwindled by 7,500 tonnes or 13.30 per cent month-on-month to come in at 48,900 tonnes,found the latest US Census Bureau data. In October, the United States aluminium scrap exports to India stood at 56,400 tonnes, up by 22.34...
US aluminium scrap exports to Malaysia surges by 19.68% Y-o-Y in November 2021
According to the US Geological Survey (USGS), the United States exported 53,100 tonnes of US aluminium scrap in November to Malaysia, depicting a month-on-month escalation of 4,400 per tonne or by 9.03%. In October 2021, 48,700 tonnes of US aluminium scrap were exported to Malaysia, showing a hike...
Matalco Inc. acquires Ohio Valley Aluminum Co. LLC, high-quality 6000-series aluminum billet manufacturer
Matalco Inc., a division of Toronto-based Giampaolo Group Inc., has reportedly acquired the Ohio Valley Aluminum Co. LLC (OVACO), based in Shelbyville, Kentucky. The news came after KPMG Corporate Finance LLC, which served as the financial advisor of the OVACO, reported it officially. Founded in...
US aluminium scrap export to Mexico plummets by 3,000 tonnes Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States exported 13,100 tonnes of US aluminium scrap to Mexico, showing a month-on-month reduction of 200 per tonne or by 1.50%. In September 2021, 13,300 tonnes of US aluminium scrap were exported to Mexico, showing a decline of 300 tonnes or...
MRAI quote suggestions and recommendations for the ‘Union Budget 2022-23’ in respect to direct and indirect taxes-reg.
The apex national body of India, Material Recycling Association of India (MRAI), representing the interest of the recycling industry with over 1200 members, includes most regional trade/ product associations. The collective strength comprises over 20,000 small, medium and large enterprises,...
US aluminium scrap import from Canada drops by 7.39% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States imported 33,800 tonnes of US aluminium scrap from Canada, sowing a month-on-month decline of 2,000 per tonne or by 5.58%. In September 2021, 35,800 tonnes of US aluminium scrap were imported to Canada, showing a sharp downfall of 700...
US aluminium scrap export to Malaysia grows by 8.70% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States exported 48,700 tonnes of US aluminium scrap to Malaysia, showing a month-on-month growth of 7,500 per tonne or 18.20%. In September 2021, 41,200 tonnes of US aluminium scrap were exported to Malaysia, showing a sharp downfall of...
Aluminium collection and recycling specialist ‘NOVA MET’ initiates for a secondary aluminium production facility
The emerging company in the metals recycling industry, NOVA MET is mounting its secondary aluminium production facility in the Le Havre port area of France. The specialist in the collection and recycling of aluminium scrap, NOVA MET has now inked a land-use agreement with HAROPA PORT, while from...
ASI certifies OETINGER Aluminium against Performance Standard Certification with Provisional status
The Aluminium Stewardship Initiative has certified OETINGER Aluminium against the Performance Standard Certification with Provisional status for the production of aluminium alloys from scrap and recycled materials at Weißenhorn and Neu-Ulm plants in Germany. The two plants together produce nearly...
US aluminium scrap exports to Malaysia see a hike of 18% to 48,700 tonnes in October 2021
According to the US census bureau report, the United States’ aluminium scrap exports to Malaysia stood at 48,700 tonnes in October 2021. That was an increase of tonnes or 18.20 per cent from 41,200 tonnes in September 2021. In August, the export volume was at 56,900 tonnes, which indicate a...
UAE’s export of aluminium scrap during 2019-21 illustrates uneven movement; 9% downfall predicted for 2020
The nation in the Gulf region, United Arab Emirates is one of the largest producers of aluminium in the world, with Emirates Global Aluminium is ranked as one of the largest industrial companies of UAE outside the oil and gas sector. EGA takes part in the national can collection programme, marking...
India’s aluminium scrap imports from US show a 22% hike M-o-M in Oct’2021; Imports in 10 months surge by 43%
In October 2021, India imported 56,400 tonnes of aluminium scrap from the United States, found the Shanghai Metals Market. That was an increase of 10,300 tonnes or 22.34 per cent from 46,100 tonnes in September. In August, India imported 45,300 tonnes of aluminium scrap, meaning the imports in...
Aluminium scrap import of Indonesia during 2019-21 denotes downfall with gradual rise; 3.5% growth estimated for 2022
Presently, around the world, the primary technique of processing aluminium scrap is remelting in units of various types and then molten metal is usually cast into ingots. However, in some cases, the melt is granulated or gas atomized to produce powder of recycled aluminium. The remelting-casting...
Tunisia’s export of aluminium scrap during 2019-22 illustrates a fluctuating movement
Aluminium is regarded as a sustainable metal, which signifies it can be recycled again and again with no loss of material, like aluminium cans are 100% recyclable, making them the most recyclable (and valuable) of all materials. The most common source of scrap aluminium is general-purpose items,...
Ireland’s export of aluminium scrap during 2019-21 exhibits standard growth; 9% demand drop predicted for 2022
The demand for aluminium goods is increasing steadily due to its positive contribution to modern living. The metal aluminium is the second most extensively used metal whereas the aluminium can is the most recycled consumer product in the world. The exceptional recyclability of aluminium, jointly...
Kazakhstan’s aluminium scrap export during 2019-21 demonstrates a sharp downfall followed by rapid growth
The process by which scrap aluminium can be reused in products after its initial production is termed aluminium recycling. However, the process involves simply re-melting the metal that is considered far economic and energy-intensive than producing new aluminium through the electrolysis of...
