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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Aluminium scrap to become cheaper post vehicular scrapping policy in India
India transport ministry is close to finalizing the policy to scrap 15 plus-year old vehicles. The policy aimed to curb vehicular pollution in the country will make raw materials for vehicles like aluminium, copper, plastic, and rubber cheaper as secondary aluminium and other materials generated...
Secondary aluminium producer Real Alloy closes its Wisconsin facility as a part of its bankruptcy filing
Aluminum and magnesium recycling company and secondary aluminium producer Real Alloy closes its Wisconsin facility as part of continuing efforts to improve efficiencies and a follow up of its bankruptcy filing in November 2017. On November 17, 2017, Real Industry and its U.S. subsidiaries have...
Metal recycling company invests £1 million in Chesterfield plant
Derbyshire-based waste management company Ward announced £1 million investment in environmental improvements at its recycling facility in Chesterfield. The company recycles ferrous and non-ferrous metals such as steel, cast iron, cars, stainless steel, aluminium, copper, zinc and lead. The new...
Industrial Magnetics Inc. offers UBC recycling revenue calculator
Industrial Magnetics Inc. (IMI), Boyne City, Michigan that designs, engineers and manufactures industrial magnets has published a new tool on its website which is designed to help plant managers calculate potential revenue loss from their existing used beverage can (UBC) recovery lines. The user...
Recovery of aluminium from scrap in the U.S. up 1.4% through November 2017
According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior; the U.S. aluminium industry purchased an estimated 315,000 tonnes of aluminium scrap during November 2017. This registers a drop of 3.9% from the November 2016 total of 328,000 tonnes. USGS...
Delhi Scrapping of Vehicles Rules, 2018 to fuel aluminium scrap recovery in India
India is set to witness a surge in aluminium scrap recovery as Delhi prepares to scrap all old vehicles by the end of 2018. Delhi became the fifth largest passenger vehicle market in 2016, and since then PV sales in the state has been rising sharply. After the recent pollution alert in the capital,...
Union Budget 2018: Indian aluminium sector’s wish list from Finance
As Finance Minister Arun Jaitley starts to present Union Budget 2018 today at Parliament, Indian aluminium sector waits eagerly to see if its wishes and demands are fulfilled. The aluminium industry wants duty on essential raw materials of aluminium production like alumina and coal tar pitch to be...
China imports two million tonnes of aluminium scrap in 2017
China imported 2.17 million tonnes of aluminium scrap in 2017, an increase of 13.27 per cent YoY. The country’s import of aluminium scrap rose 13.73 per cent YoY to 202,374 tonnes in December. Last month, the USA and Thailand were the top exporters of aluminium scrap to China. The USA and Thailand...
Aluminium scrap supply to remain tight in 2018; prices remain high since the last quarter of 2017
According to an SMM analysis, aluminium scrap supply will be tight in China in 2018, as the domestic aluminium scrap market continues to be plagued by tight supplies since December 2017. As updated by SMM, average prices for aluminium Zorba scrap stands unchanged at USD 1550 per tonne today. The...
Busche, MetalX ink aluminium raw materials sourcing deal
Busche Performance Group (BPG) has finalized an agreement with MetalX for sourcing all aluminium raw materials for BPG foundry operations. MetalX will manage all activities related to the sourcing, procurement, delivery, and administration associated with aluminium scrap and refined aluminium...
Indian aluminium industry seeks aluminium scrap import duty hike from 2.5% to 10%
The Aluminium Association of India has sought an increase in import duty on aluminium scrap. The industry body approached the Centre seeking a hike from 2.5 per cent to 10 per cent. It has also demanded a hike in import duty on primary aluminium from 7.5 per cent to 10 per cent. Before Budget 2017,...
The U.S aluminium scrap export sees about 15% increase in 2017
According to the latest report from Aluminum Association, imports of aluminium ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) totalled 745 million pounds in November 2017, up 3.2 per cent over the November 2016 total of 722 million pounds. Data shows the...
Poland’s aluminium scrap import continues to drop in 2017
Poland’s imports of commodities have decreased at an annualized rate of -0.503%, from US$ 210 billion in 2011 to US$186 billion in 2016 during the last five years. Aluminium scrap accounts for 1.5% of total imports of the country. A three-year data snapshot shows a downward aluminium scrap import...
Aluminium scrap supply to tighten in 2018 on new import policies and environmental checks
According to an SMM report, aluminium scrap supply would stay tight in 2018 as environmental protection policies weigh in further in the coming year. SMM believes supply tightness would be mostly felt around Chinese New Year and the fourth quarter when demand is at its peak. Secondary aluminium...
Norway’s aluminium scrap import fluctuates QoQ through FY2017-18
Aluminium scrap is a significant resource to be used as raw material to produce secondary aluminium and subsequently new aluminium products. According to the Product Complexity Index (PCI), scrap aluminium is the 303rd most traded product and the 820th most complex product. Norway’s import of...
U.S. secondary aluminium recovery up 2.0% YTD through October 2017
According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior, the U.S. aluminium industry purchased an estimated 367 thousand tonnes of aluminium scrap during October 2017, slightly off from the October 2016 total of 735 million. USGS estimates that...
India aluminium scrap prices edge higher in tandem with MCX aluminium
Major aluminium scrap commodity prices in India edged higher on Wednesday as spot market witnessed a sudden uptick in demand. The prices of aluminium wire scrap rose from INR 147 per kg to INR 150 per kg, and that of aluminium utensils scrap from INR 122-126 per kg to INR 148 per kg on December 27....
China aluminium scrap import up 13% during January-November
China’s import of aluminium scrap increased 13.23 per cent year-on year to 1.96 million tonnes during the first eleven months of 2017. Aluminium scrap imports stood at 196,581 tonnes in November. The US and Hong Kong were the top exporters of aluminium scrap to China. In November, the US and Hong...
