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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ISRI 2018 Convention highlights the changing dynamics in the international aluminium scrap market
The ISRI 2018 Convention, held in Las Vegas in mid-April and hosted by the Washington-based Institute of Scrap Recycling Industries (ISRI), was attended by more than 5,100 people, mostly from North America, and the event hosted scrap buyers and sellers from around the world, despite global trade...
China's March aluminium scrap imports drop 6% YoY; might drop further on US-China trade war
As per recent export-import data released by General Customs Administration of China, total aluminium scrap imports by the country dropped by 5.59 per cent YoY reaching 176,814 tonnes in March 2018. In January-March period, China’s import of aluminium scrap fell 7.58 per cent year-on year to...
France aluminium scraps export sees marginal rise in 2018
France is one of the top aluminium scrap exporting countries in the world. The country’s aluminium consumption is driven by packaging, building and the automotive sector. These sectors generate substantial amount of scrap every year. France exports about 400,000 tonnes of aluminium scrap. Italy and...
Secondary aluminium market suffering tight raw material supply and sluggish demand
According to Shanghai Metal Market report on April 23, 2018, the secondary aluminium industry is being hit hard by tight raw material supply and sluggish demand following the US-China trade war started in March 2018. Aluminium scrap prices have been staying high since then, due to the lack of...
Japan’s aluminium scraps export to South Korea estimated to rise in 2018
Japan, a major exporter of aluminium scrap and automotive grade aluminium alloy scrap to the entire of South East Asia, exports considerable amount of aluminium scrap every year. Aluminium scrap export from Japan to South Korea increased in 2017. Aluminium scrap export from Japan to South Korea...
Saudi Arabia’s aluminium scrap exports to continue rising in H1 2018; India remains the top importer
Saudi Arabia’s export of aluminium scrap has been on an uptrend from past several years. The country emerged as the major market for scrap metal recycling. Aluminium scrap represents 6.1 per cent of the total exports of Saudi Arabia. Most of the aluminium scraps generated in Saudi Arabia are from...
US aluminium scrap caught in the crossfire of US-China trade war
On April 2, the Ministry of Commerce of the People’s Republic of China issued a announcing that the 25 per cent tariff on aluminium scrap imported from the United States would take effect immediately. China immediately imposed tariffs on all 128 products, citing public comments expressing support...
China’s 25 per cent tariffs on imported aluminium scraps may affect the UK market
As a retaliatory move to the US tariffs on imported aluminium and steel, China has revived its aluminium scrap policy and imposed 25 per cent tariffs on imported aluminium scraps. This has already created mayhem among the countries who export aluminium scraps to China, including the United Kingdom....
China customs rejects 100 tonnes aluminium scrap imports from the U.S. due to import tariff
As a retaliatory move against the US aluminium and steel imports tariffs, China has taken the US aluminium scrap industry on storm and created mayhem by officially slapping a blanket of 25 per cent tariff on aluminium scraps imported from the Unites States, effective on and from Monday April 2,...
Recovery of aluminium from scrap in the U.S. up in January 2018
According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior; the U.S. aluminium industry purchased an estimated 318,875 tonnes of aluminium scrap during January 2018, up from the December 2017 total of 315,280 tonnes while down 2.8 per cent from the...
China's aluminium scrap imports fall YoY in January-February; expected to drop further in 2018
Aluminium scrap imports by China, the world’s biggest aluminium producer, dropped YoY through the first two months of 2018 as the secondary aluminium production took a back sit due to environmental restrictions during winter heating season. As per recent export-import data released by General...
China proposes 25% tariff on aluminium scrap imports from the US; scrap prices expected to jump further
China has started retaliating against the tariffs imposed by the U.S. on Chinese steel and aluminium products. The China’s Ministry of Commerce has proposed to levy a 25% tariff on aluminium scrap imports from the US in order to offset the losses brought by the newly announced US tariffs. 30% of...
A high rate of GST destroys aluminium recycling units, says industry
The Goods and Services Tax (GST), even after being introduced eight months ago, is still stirring a storm among businessmen from all industries, including aluminium. A high rate of the tax, with no provision for refund, has been persistently threatening to demote the aluminium recycling industry, a...
EGA recycled over 96 thousand tonnes of waste in 2017, and marks first Global Recycling Day
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that it recycled over 96 thousand tonnes of waste in 2017, up from over 77 thousand tonnes in 2016. Today is the first Global Recycling Day, which is being marked worldwide to...
Italy’s aluminium scraps export estimated to decrease in 2018
The demand for secondary aluminium is increasing significantly due to the growing requirements of lighter vehicles. The demand for this product will continue to grow in the coming years. Italy exports substantial amount of aluminium scrap every year. Looking at the previous year, the country’s...
Recovery of aluminium from scrap in the U.S. on the rise year on year in 2017
According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior, the U.S. aluminium industry purchased an estimated 315,280 tonnes of aluminium scrap during December 2017, essentially unchanged from the December 2016 total. USGS estimates that recovery of...
China aluminium scrap imports beat other metal scraps to register an 11% YoY rise in January
Aluminium scrap imports by China, the world’s biggest aluminium producer, kept surging through the first month of 2018 as the country continues to step up its secondary aluminium production alongside smelter close-downs to check pollution. The figures spiralled up by 11 per cent year-on-year...
Data shows a decline in aluminium scrap export by Mexico in 2018
Mexico’s exports of aluminium scrap, a significant resource to be used as raw material to produce secondary aluminium, represent 1.4% of the total exports. Following an increase in 2016, exports of aluminium scrap from Mexico decreased in 2017. The country is estimated to witness a decrease in...
