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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Romania’s Aluminium scrap export during 2018-20 manifests notable growth
As per the 2020 index of economic freedom, Romania is ranked 21 st among 45 countries in the Europe region. Romania's economy to contract 3.8% in 2020 and return to 4.9% growth in 2021, as per Finance Ministry analysts. The National Prognosis Commission (CNP), an analyst unit within the finance...
US aluminium scrap exports to Mexico extended a hike of 16.5% M-o-M in July 2020, but fell by 19% on a year
In July 2020, the United States’ aluminium scrap exports to Mexico increased by 1,700 tonnes or 16.5 per cent month-on-month to stand at 12,000 tonnes, found the US Geological Survey data. In the month earlier, the US aluminium scrap exports to Mexico came in at 10,300 tonnes, increasing from as...
China’s secondary aluminium producers’ operating rates improve to 59.6% in September: SMM
According to the data released by the Shanghai Metals Market, China’s secondary aluminium producers’ operating rates increased by 6.6 percentage points month-on-month in September to stand at 59.6 per cent. In August 2020, China’s secondary aluminium operating rates were 53.1 per cent gaining 2.8...
Vietnam’s import of Aluminium scrap during 2018-20 reflects potential growth
In the 21st century, Vietnam is in a period of being integrated into the global economy. Almost all Vietnamese enterprises are small and medium enterprises (SMEs). The government has targeted a 2 to 2.5% economic growth for 2020 with an aim of 6.5% in 2021. The latest figures from the Ministry of...
International Aluminium Institute heralds global recycling data
On 20 th October’20, The International Aluminium Institute (IAI) released global aluminium recycling data. According to figures from the IAI, recycling of just one aluminium can conserve enough energy to recharge up to 20 mobile phones, while global aluminium recycling saves enough energy every...
Oman’s export of Aluminium scrap during 2018-20 remains uneven, earnings keep rising
Oman is heavily dependent on oil and gas resources, which generates between and 68% and 85% of government revenue, depending on fluctuations in commodity prices. The key components of the government's diversification strategy are tourism, shipping and logistics, mining, manufacturing, and...
StockachAlu facility certified against ASI Performance Standard and ASI Chain of Custody Standard
StockachAlu’s remelting/refining and casting operations in Stockach, Germany have been certified against Aluminium Stewardship Initiative (ASI) Performance Standard and ASI Chain of Custody. The plant’s main outputs are rolling slabs made from recycled scrap. The facility has an annual capacity of...
Denmark’s export of Aluminium scrap during 2018-20 displays gradual downfall
The economy of Denmark is a modern mixed economy with comfortable living standards, a high level of government services and transfers, and a high dependence on foreign trade. As a small open economy, Denmark generally advocates a liberal trade policy, and its exports, as well as imports, make up...
Canada’s aluminium crude metal and alloys exports to US continue to show downtrend in July 2020
Canada’s aluminium crude metal and alloys exports to the United States extended decline by 8.04 per cent for the second month in a row to stand at 206,000 tonnes in July 2020, found the US Geological Survey data. Canada’s aluminium alloy exports to the US started decreasing from June after several...
Panama’s export of Aluminium scrap reveals significant growth during 2017-20
Panama has been the fastest-growing economy in Latin America over the past two decades, benefiting from the activity of the canal, the Colon free trade zone (CFZ) and its role as an international banking centre and regional financial hub. The economy of Panama is based mainly on the services...
Bulgaria’s export of Aluminium scrap during 2018-20 remains strong, revenue generation significantly drops
Bulgaria is ranked 19th among 45 countries in the Europe region, and its overall score is just above the regional average and well above the world average. Bulgaria has been making steady progress in economic freedom for more than a decade, and this year, its economy has finally entered the ranks...
South Korea's aluminium scrap imports from the US rises 6% in January-July 2020
South Korea's imports of aluminium scrap from the US stood at 24,600 tonnes in July, with a year-on-year increase of 25.5%. South Korea had imported 19,600 tonnes in July 2019. On a month-on-month comparison, imports rose 14% from 21,600 tonnes in June 2020, as updated by the US Census Bureau....
Audi Hungaria: Closed Loop Aluminium for vehicle production plays vital role
Audi Hungaria uses around 38,000 tonnes of aluminium per year for automobile production. As aluminium production consumes a lot of energy, Audi Hungaria will be managing the material in a recycling loop. This will save valuable energy and resources. With the aluminium closed-loop, aluminium scrap...
Sanjeev Gupta’s ALVANCE Aluminium Group accomplishes acquisition of Duffel recycling and rolling mill in Belgium
British tycoon Sanjeev Gupta’s international low-carbon aluminium business, ALVANCE Aluminium Group, part of sustainable industry leader GFG Alliance, has accomplished its acquisition of the Duffel aluminium recycling and rolling mill near Antwerp in Belgium. Duffel is a leading European producer...
The US exports of aluminium scrap rise 4% YoY in July; Exports to Malaysia soars 147%
The US exports of aluminium scrap stood at 158,000 tonnes in July 2020, with a year-on-year increase of 3.95%, according to the latest report from the US Geological Survey. On a month-on-month comparison, exports climbed by 5.33% from June’s export volume of 150,000 tonnes. The US exported 1.010...
India’s aluminium scrap imports from US continue to grow by 70% in July 2020
According to the latest data shared by the US Geological Survey, India imported 21,700 tonnes of aluminium scrap from the United States in July 2020 versus 12,800 tonnes in June. This means India secured 8,900 tonnes or 69.53 per cent more scrap in July than the previous month. The USGS data found...
US primary aluminium output stands at 82,000 tonnes in July 2020; secondary recovery rises 8% MoM
According to the latest report from the US Geological Survey, US domestic primary aluminium production was 82,000 tonnes in July 2020. The average daily production stood at 2,650 tonnes, 11% less than that in June 2020 and July 2019. The month-on-month decline was due to the shutdown of the smelter...
Govt. of Sri Lanka: Accounts Aluminium imports as raw material to foster job market
The Sri Lankan Government is to account whether aluminium could be imported as raw material and foster the job market of the country, while saving much foreign currency, stated by Ajith Nivard Cabraal, Money and Capital Market and State Enterprise Reforms State Minister, on 25 th September’20. This...
