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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China issues 10th batch of aluminium scrap import quotas allowing additional 3970 tonnes
China’s Ministry of Ecology and Environment has issued the tenth batch of metals scrap import quotas for 2020 on Monday, July 27, allowing an additional 3,970 tonnes of high-grade aluminium scrap to enter into China, according to Shanghai Metals Market report. The latest batch of aluminium scrap...
India’s imports of aluminium scrap from the US surged by 28% in the first four months of 2020
India’s imports of aluminium scrap from the US stood at 10,400 tonnes in April, with a month-on-month decrease of 70%. India had imported 34,100 tonnes in March 2020. On a yearly basis, imports reduced by 51.4% from 21,400 tonnes in April 2019, as updated by the US Census Bureau. In the first four...
Luxembourg’s aluminium scrap import exhibits a multi-million $ market during 2017-20, some steady fall indicated in 2019-20
Luxembourg has a strong and long-standing track record in manufacturing and processing both traditional and innovative materials including, high-performance steel, aluminium, plastics and polymers, value-added composites, functionality glass processed, wood panels and adhesive paper. Hydro's...
Albania’s Aluminium scrap import-export remains in steady progress during 2017-20
Albania, on South-eastern Europe’s Balkan Peninsula, is a small country with Adriatic and Ionian coastlines and an interior crossed by the Albanian Alps. The economy of Albania went through a process of transition from a centralized economy to a market-based economy on the principles of the free...
US aluminium scrap exports climb down 24% in April 2020, but exports to China trend higher by 7.7% M-o-M
According to the latest data released by the US Geological Survey for April, the United States, in the said month, exported 124,000 tonnes of aluminium scrap to various parts of the world. Month-on-month, the export declined by 39,000 tonnes or 24 per cent, following a hike in the previous month....
US primary aluminium output stands at 92,000 tonnes in April 2020; secondary recovery decreases 15% YoY
According to the latest report from the US Geological Survey, US domestic primary aluminium production was 92,000 tonnes in April 2020. The average daily production stood at 3,060 tonnes, essentially unchanged from that in March 2020 and April 2019, but 30% more than that in April 2018. Total...
Germany’s Aluminium scrap Export-Import during 2018-20 exhibits $ Billion market
The Western European nation, Germany, exhibits its aluminium scrap export and import market enterprising, though the exports show minor dips, however, imports reflects steady growth. Germany’s export of aluminium scrap during 2018 has been recorded at 1.14 million tonnes and the revenue earnings...
US aluminium scrap exports to Malaysia jump 88% in Q1’20, export in March grows M-o-M after two months of decline
The United States, in the first quarter of 2020 (January-March), exported 73,400 tonnes of aluminium scrap to Malaysia, according to the latest US Geological Survey data. Year-on-year, the export recorded a hike of 88 per cent from 39,100 tonnes. In March 2020, the country exported 24,400 tonnes of...
Colombia’s export of Aluminium scrap during 2017-20: Volume remains unsettled, earnings drips
Colombia has a thriving market economy based primarily on oil, mining, agriculture, and manufacturing. The country's GDP in 2013 was US$226 billion and per capita GDP was US$10,100, placing it as a middle-income country. Colombia's finance ministry projected an economic contraction of 5.5% for this...
Greece import of Aluminium scrap has grown with rapid pace during 2017-20
Greece is a developed country with an economy based on the service (80%) and industrial sectors (16%), with the agricultural sector contributing an estimated 4% of national economic output in 2017. The economy of Greece is the 51st largest in the world with a nominal gross domestic product of...
CICU appeals to Govt. of India: Set forth vehicle scrappage policy to boost automobile sector, aluminium to be recycled
The automobile industry is stumbling under tremendous sales down-fall seeks Government to set forth vehicle scrappage policy to boost the sector. In a letter sent to the Prime Minister’s office, the industrialists stated: “The policy will not only help owners to get an incentive for old polluting...
Indonesia’s Aluminium scrap import remains positive during 2019-20; export reflects low but indicates growth during 2018-20
The economy of Indonesia is the largest in Southeast Asia and is one of the emerging market economies of the world. Indonesia is a member of G20 and classified as a newly industrialised country. The aluminium scrap import of the island nation during 2019 was recorded with 159,742 tonnes and the...
Cyprus export of Aluminium scrap remains downsizing during 2018-20, revenue earnings to rise in 2020
Cyprus is an island nation in the Eastern Mediterranean. The Cyprus economy has been expanding rapidly, with robust growth rates averaging 4.4% in 2015-18. The European Commission predicts a growth rate of 3.1% in 2019 and 2.7% in 2020. The government aims to double the industry's share of GDP by...
Lancefield Recycle Centre launched, accepting aluminium coffee pods to oral care products
Lancefield Recycle Centre has been reportedly launched last week, where people in the neighbourhoods can dispose of and recycle aluminium coffee pods to oral care products such as electric toothbrush. Also, items like bread tags, writing instruments, dish washing and air products, contact lenses...
The US exports of crude metal and alloys down by 9% YoY in Q1 2020
The US exports of crude metal and alloys decreased 2.87% to 20,300 tonnes in March, as compared to 20,900 tonnes in March 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. On a month-on-month comparison, exports climbed by 6.8% from February’s exports of...
China allows 209,600 tonnes of additional aluminium scrap import in the ninth batch of quotas, highest since April
China’s Ministry of Ecology and Environment has issued the ninth batch of aluminium scrap import quotas for 2020 on Monday, July 6, according to Shanghai Metals Market report. The Ministry has confirmed that the ninth batch of quotas would allow 209,660 tonnes of additional high-grade aluminium...
The significant rise of Italy’s aluminium scrap export during 2017-20
Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is high. Some of the major sources of income in Italy include the production of machinery,...
Vehicle scrappage policy is in the final stage of approval, awaited for Union Cabinet’s nod: Nitin Gadkari
Speaking at the inauguration of Auto Expo 2020 on Thursday, July 2, Union road transport and highways minister Nitin Gadkari confirmed that the long-delayed vehicle scrappage policy is in its last lap and to be rolled out soon. Two days before Mr Gadkari said this, finance minister Nirmala...
