EGA expands European aluminium recycling footprint with 80% Eco Green acquisition
Emirates Global Aluminium has completed its acquisition of an 80 per cent stake in Italy's Eco Green, strengthening its aluminium scrap collection, sorting and recycling network across Europe. Emirates Global Aluminium (EGA) is expanding its aluminium recycling business in Europe with the completed...
EU plans aluminium scrap export ban on non-OECD countries; China, India in focus
The European Union (EU) is preparing a broader restriction on aluminium scrap exports to non-Organisation for Economic Co-operation and Development (OECD) countries, replacing an earlier trade proposal that would have covered only part of the bloc’s scrap flows. The move could largely impact...
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Michigan Scrap recycler fears supply and sale disruption on the back of trade dispute with China
Trump administration’s tariff on the imported aluminium and steel and the counter tariff by China on scrap imported from the US are going to have an effect on US scrap recycling sector. Jeff Padnos, the CEO of Holland, Michigan-based scrap recycling firm Padnos points to China’s aluminium scrap...
Sweden export of aluminium scrap rises 29% in 2017; Germany remains top importer
Sweden’s exports of aluminium scrap increased in 2017. The country exported 142 thousand tonnes of this particular product to the global market. Sweden is estimated to witness a decrease in exports of aluminium scraps last year. The top destinations of Sweden aluminium scrap exports in 2017 were...
ISRI advocacy delivers for recyclers in latest tariff measures
As China and the United States continue to spar back and forth with new tariffs being imposed on key imports on goods from each country, the recycling industry has largely been spared. On Friday, the Trump Administration announced a final list of products from China that would be assessed a 25%...
Analysts believe effective recycling of aluminium can tackle influx of import to the U.S.
Economists in the US are deliberating on how Trump’s tariffs on imported steel and aluminium are expected to increase prices of aluminium and aluminium products including the finished products by end users. They see the possibility of a trade war between the US and its closest allies with the...
Aluminium recycler and secondary alloy producer Century Metal Recycling files for IPO
Century Metal Recycling Ltd, a leading India based recycler of aluminium and zinc alloys, has filed its draft prospectus with the Securities and Exchange Board of India (SEBI) to float an Initial Public Offering. The IPO includes fresh shares worth INR 150 crore and a sale of 6.4 million shares by...
Aluminium product exports by the U.S. and Canada up 15.3% in the the first four months of 2018
According to Aluminum Association’s latest highlights, imports of ingot, scrap and mill products into the U.S. and Canada (excluding crossborder trade) totaled 397,000 tonnes in April 2018, slightly up from the amount in April 2017. Including scrap, which accounted for roughly 51.7 percent of...
Aluminium recovery from scrap in the US drops YoY in the first quarter of 2018
According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior, the U.S. aluminium industry purchased an estimated 352,000 tonnes of aluminium scrap during March 2018, down about 6% from the March 2017 total. Total aluminium recovered from scrap in March...
Germany to continue exporting more aluminium scraps than import in 2018
Germany exports more aluminium scrap than it imports every year. The automotive industry is the biggest sources from where aluminium scrap is generated. The country exports about 1 million tons of aluminium scrap. WMR Recycling, Harita Metals Co, ScholzAlu Stockach GmbH, TSR Recycling GmbH & Co. KG...
Why buy AlCircle’s “World Recycled Aluminium Market Analysis - Industry Forecast to 2022” report?
On the face of increasing aluminium demand across the world, rapid growth of aluminium recycling sector has become imperative to ensure adequate supplies of the metal with more sustainable use of resources. In 2017, the world production of recycled aluminium was estimated at around 20.9 million...
China April scrap aluminium imports fall after 25 per cent import tariff on US scrap
As reported by Reuters, China’s April scrap aluminium imports fell by 27.8% from March to 130,000 tonnes, after the country imposed 25% import tariff on aluminium scrap from the United States, its biggest scrap supplier, effective Apr. 2. Data from the General Administrations of Customs showed...
South Korea’s aluminium scrap imports from Japan to increase noticeably in 2018
South Korea, one of the leading aluminium scrap importers in the world, imports aluminium scrap and recycles them for making aluminium alloys. The country’s automotive sector is a major consumer of aluminium products. South Korea imported about 736338 tonnes of aluminium scrap from the global...
Launched! AlCircle's new report “World Recycled Aluminium Market Analysis - Industry Forecast to 2022”
With the growing focus on using sustainable resources and cutting down carbon footprints, recycling of resources have become imperative to the global manufacturing sector. Aluminium being one of the most energy intensive industries, demands more focused R&D on the recycling sector. AlCircle...
Secondary aluminium alloy export prices estimated to surge on tight supply in the market: SMM updates
According to Shanghai Metal Market, secondary aluminium exports prices in China are likely to surge further in a short period of time as a resultant of month-long operation suspension of China Certification and Inspection Group (CCIC) at North America in May, which would significantly lower the...
Aluminium scrap imports by Indonesia will increase 29% YoY in 2018
Indonesia imported US$156.9 billion worth of goods from around the globe in 2017, an increase of 15.7 per cent year on year. Aluminium scrap import by Indonesia also increased over the last three years. The country is estimated to increase its aluminium scrap import this year. Indonesia’s import of...
US aluminium scrap exports up 9% YoY in Q1 2018
According to latest figures from the US Census Bureau and US International Trade Commission, aluminium scrap exports by the U.S. rose in the first three months of this year. Total exports by the U.S. stood at 386, 910 tonnes in Q1 2018, up 9 per cent from the same period previous year. U.S. exports...
China’s tighter inspections on US scrap to drive up domestic aluminium scrap prices
China’s domestic aluminium scrap prices are likely to stay high with a small upward room in the short term as supplies with invoices would be further tightened after the authority imposed broad-based inspections on all scrap materials imported from the US from May 4, SMM believes. China’s customs...
Recovery of aluminium from scrap drops in the U.S. in February year-over-year
According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior, the U.S. aluminium industry purchased an estimated 703 million pounds of aluminium scrap during February 2018, down 3.1 per cent from the February 2017 total. USGS estimates that recovery of...
The U.S aluminium scrap export sees about 9.2% increase in the first two months of 2018
Aluminum imports of ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) totalled 362 thousand tonnes in February 2018, up 5 per cent over the February 2017 total of 344 thousand tonnes. U.S. exports of scrap, which is not included in the government’s consumption...
