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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Corona crisis crashes the aircraft scrap metal recycling market
The journey by aeroplane is considered as one of the fastest and sophisticated in the world for decades. Thousands of aeroplanes carry millions of passengers to reach their destinations. Now, aeroplanes also have a life-ending process, or we say retirement, but in reality, an aeroplane never dies,...
US aluminium plates, sheets and bars exports to Mexico decline 11% M-o-M in April’21 but grow 29% over the year
According to the US Census Bureau data, the United States exported 23,900 tonnes of aluminium plates, sheets and bars to Mexico in April 2021. That was down by 10.88 per cent from 26,500 tonnes of exports in March 2021. In February 2021, the United States exported 21,800 tonnes of aluminium flat...
Russia’s exports of crude metals and alloys to the US slips by 20% in April; exports down by 7% in four months
Russia’s exports of crude metals and alloys to the US stood at 9,320 tonnes in April 2021, a decrease of 20.34% year-on-year. The Russia had exported 11,700 tonnes to the US in April 2020, according to the latest Mineral Industry Survey report from the US Geological Survey. On a month on month...
Recycled Aluminium Weekly Recap: Every Can Counts survey indicates Ireland ranks high for environmental concerns; Shawinigan Aluminum Inc. rolls-out its aluminium recycling center
The aluminium recycling segment is playing a vital role, as the recycling process creates high-quality aluminium that loses none of the physical properties of primary aluminium and also uses just 5% of the energy it takes to create primary aluminium. The most happening news which came up this week...
Weekly Downstream Aluminium Recap: Hydro to sell Hydro Precision Tubing Lichtervelde (HPTL) to Aurelius Group; Vedanta cuts aluminium products prices by INR7000/t
Right from Hydro signing an agreement to sell 100% of Hydro Precision Tubing Lichtervelde (HPTL) to Aurelius Group to Novelis Korea Limited plant successfully receiving the ASI Performance Standard certification, the global aluminium downstream sector has witnessed many this week. Hydro Extrusions...
Hydro’s Rackwitz recycling facility plans to increase use of post-consumer aluminium
Hydro announced that its Rackwitz recycling plant will expand into production of the innovative HyForge forge stock segment. The new plant will start operations by end of first quarter 2023. The expansions will increase the use of post-consumer aluminium to ensure market-leading sustainability...
Taiwan’s imports of aluminium scrap from the US stand 23% lower in Jan-Apr
Taiwan’s imports of aluminium scrap from the US stood at 2,640 tonnes in April, with a month-on-month increase of 9.54%. Taiwan had imported 2,410 tonnes in March 2021. On a yearly basis, imports reduced by 13.73 % from 3,060 tonnes in April 2020, as updated by the US Census Bureau. In the first...
US aluminium scrap imports from Canada report a two-fold growth in April 2021
According to the US Census Bureau report, the country imported 34,200 tonnes of aluminium scrap from Canada in April 2021. That was almost flat compared to 34,800 tonnes in March 2021. However, the import volume in March increased month-on-month by 5,500 tonnes or 18.77 per cent from 29,300 tonnes...
Shawinigan Aluminum Inc. rolls-out its aluminium recycling center
Shawinigan Aluminum Inc. (SAI) rolls out its new aluminium recycling center. On 15 th September 2020, as announced SAI is investing $ 10 million to build a new aluminium recycling center that will recycle 30,000 metric tonnes of aluminium per year. The additional recycling capacity is complementary...
South Korea's imports of aluminium scrap from the US down 9% YoY in April
South Korea's imports of aluminium scrap from the US stood at 21,900 tonnes in April, with a year-on-year decrease of 9%. South Korea had imported 24,100 tonnes in April 2020. On a monthly basis, imports increased by 11% from 19,700 tonnes in March 2021, as updated by the US Census Bureau. South...
Lithuania’s export of aluminium scraps during 2018-20 displays rapid to marginal growth; 10% downswing predicted for 2021
The GDP of Lithuania grew 1.2% Y-o-Y in Q1 2021, contrasting the 1.2% drop tallied in Q4 2020 and the reading was revised up from the preliminary estimate of a 1.0% expansion, according to a second estimate released on 1 st June by FocusEconomics. The country holds some aluminium downstream and...
India’s aluminium scrap imports from US sharply grow 191% on year in April 2021
In April 2021, India’s aluminium scrap imports from the United States stood at 30,300 tonnes, almost flat compared to 29,700 tonnes in March 2021, found US Geological Survey. In February, India imported 27,200 tonnes of aluminium scrap from the US, 12.86 per cent more than 24,100 tonnes in January....
Japan’s export of aluminium scrap during 2019-20 illustrates healthy growth; 2021 estimated with 34% rise
The Japanese economy is expected to grow and avoided skidding into recession this quarter but an extension of emergency measures to stem a rise in coronavirus infections has dented the growth outlook, a Reuters poll reflected. The island country in East Asia, located in the northwest Pacific Ocean,...
Sweden’s export of aluminium scrap during 2019-20 reflects a marginal growth; 2021 estimated with further minimal rise
The economy of Sweden is regaining its movement, with projected GDP growth close to 4% in 2021 and 3½% in 2022, on the back of rising exports, which boost manufacturing production and investment, and strong fiscal and monetary support. The Scandinavian nation with thousands of coastal islands and...
Qatar’s export of aluminium scrap during 2018-20 demonstrates ‘V’ shaped development
The economy of Qatar will regain its positive growth of 2.9% in 2021, as the economy benefits from a recovery in Chinese and global LNG demand, as well as the rapprochement with the former boycotting quartet Saudi Arabia, the UAE, Bahrain and Egypt. The peninsular Arab nation’s export of aluminium...
China’s secondary aluminium operating rates fall 5.44 percentage points to 59.56% in May 2021
According to the Shanghai Metals Market, secondary aluminium producers operating rates decreased 5.44 percentage points month-on-month to stand at 59.56 per cent, as a result of weak operating rates at small and big secondary aluminium plants. On a year-on-year calculation, operating rates edged up...
Netherlands export of aluminium scrap during 2018-20 tracks decent growth; 2021 predicated with 2% upswing
The Dutch economy is envisioned to grow by 2.7% in 2021 and 3.7% in 2022, reaching the pre-Covid levels at the beginning of 2022. Consumption will navigate the recovery as households normalise their saving after the sharp increase in 2020. Private investment will enhance, but pursue to be held back...
China’s secondary aluminium production will reach 20 million tonnes by 2030, expects Rusal
Rusal 0486.HK expects China’s secondary aluminium production to almost triple by the end of 2030 if all announced recycling projects come into operation. Russian aluminium giant Rusal, the largest aluminium producer outside China, established an office in Shanghai last year, attempting to sell more...
