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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India aluminium scrap prices show downtrend on Index; aluminium futures stay flat
<p style="text-align: left;">Major India aluminium scrap commodity prices registered a drop on the Scrap Register Index on Monday, June 26, while aluminium futures prices showed no change at the Multi Commodity Exchange (MCX). The market focus was on rising aluminium supply, higher inventories, and...
China secondary aluminium industry dynamics improve due to supply-side reforms
<p>In a recent report published by the China Non-ferrous Metals Industry Association (CNIA), China’s aluminium scrap recycling industry is benefitting from the recent supply side reforms, wide-scale economic restructuring and increased domestic demand.</p> <p style="text-align: center;"><img...
Ford recycles about 20 million pounds of military-grade aluminium scrap every month
<p>Chip Conrad, a stamping engineer in Ford, North America led the designing of a closed-loop recycling system that recycles 5 million pounds of high-strength military-grade aluminium scrap every week.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
China aluminium scrap prices decline on sluggish spot demand
<p>Major China aluminium scrap prices declined on ScrapMonster Price Index on Wednesday, June 21. The price trend followed the slump witnessed in China's ferrous scrap market. Other base metal scrap prices too dived on sluggish demand and a comparatively tighter supply.</p> <p style="text-align:...
Scrap export in North America up 19.4% in April 2017, imports too on upward track
<p>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) increased 12.5% YoY in April 2017 to 785 million pounds.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
China aluminium scrap prices climb in line with spot demand
<p>Major aluminium scrap commodity prices in China edged higher as spot market witnessed a sudden uptick in demand. As on Tuesday, June 20, most of the aluminium scrap commodities were up by RMB 100 per tonne from their previous average prices. Overall price change ratio has been in the range of...
Top five players in global aluminium scrap recycling market
<p>Aluminium scrap remains a significant resource to be used as raw material to produce secondary aluminium and subsequently new aluminium products. The highest aluminium recycling percentages can be seen in the construction and transport sector of up to 95% but packaging sector is equally growing...
Germany's Alba Group announces plans for $1.2-billion scrap recycling park in China
<p>Scrap recycling and environmental services company Alba Group of Germany recently signed an agreement with its Chinese partner to set up a hi-tech scrap recycling park in China's Sichuan province. The plant to be built at a total cost of US$1.2 billion will recycle a wide variety of scrap...
India aluminium scrap prices remain stable; aluminium futures settle slightly higher
<p>Major aluminium scrap commodities prices in India remained stable on the Scrap Register Price Index as on Tuesday, while aluminium futures prices at India's Multi Commodity Exchange settled slightly higher ahead of expected weaker Chinese data as well as a possible increase in US interest...
China aluminium scrap imports hit by intensified customs checks, SMM Reports
<p>China Customs has intensified checks on scrap imports this year, leading to a significant increase in the number of containers being rejected, SMM learned.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
India aluminium scrap prices stay flat; aluminium futures gain slightly
<p>Major aluminium scrap commodities prices in India stayed flat on the Scrap Register Price Index as on Friday, while aluminium futures prices at Multi Commodity Exchange gained mainly due to the better Chinese trade data that showed imports and exports picked up in May.</p> <p style="text-align:...
North America aluminium scrap prices remain unchanged as on June 9
<p>Major aluminium scrap commodity prices in North America remained fairly unchanged on ScrapMonster Price Index on June 9, Friday. The prices of 365 aluminium wheels, 6063 extrusions/Fe, and 1100 scrap showed a flat trend. 3003 aluminium scrap too remained unchanged at US$0.64 per Lb.</p> <p...
India aluminium scrap prices fall tracking weakness in futures
<p>India's major aluminium scrap commodities prices fell on the Scrap Register Price Index as on Wednesday tracking the weakness in aluminium futures prices at Multi Commodity Exchange.</p> <p>The major aluminium scrap commodities like aluminium rod company, aluminium rod local, aluminium sheet...
Aluminium scrap export by Japan drops in H2 2017, import is on the rise
<p>Japan is a major exporter of aluminium scrap and automotive grade aluminium alloy scrap to the entire of South East Asia. The country shipped <strong>197750</strong> tonnes of aluminium scrap globally in 2016. The total export was valued at <strong>US$349</strong> million. On the other hand the...
India Aluminium Scrap, Aluminium Futures prices down
<p>Major aluminium scrap commodities prices in India dropped on the Scrap Register Price Index as on Monday, tracking the weakness in aluminium futures prices at Multi Commodity Exchange as traders brushed aside news that Qatar's exports of the metal had been blocked and focused instead on weak...
World Environment Day: A new India wakes up to the benefits of aluminium recycling
<p>Aluminium recycling is still a fledgling industry in India. The lack of a proper ecosystem and a weak legal structure has stopped the hitherto ‘unorganized sectoral practice’ from growing into a full-fledged industry. However, considering the fact that India’s per capita...
Global Aluminum Scrap Recycling Market to See 8% CAGR Growth
<p>The new research report published by Technavio forecasts firm growth prospects to global aluminum scrap recycling market over the next four years. The report predicts compounded annual growth rate (CAGR) of 7.59% during 2017 to 2021. The global recycling market of aluminum scrap is predicted to...
India aluminium scrap prices remain flat; aluminium futures down 1.3 percent
<p>Major aluminium scrap commodities prices in India remained flat on the Scrap Register Price Index as on Tuesday, while aluminium futures prices at Multi Commodity Exchange ended down as China increases production in the third quarter.</p> <p style="text-align: center;"><img...
