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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US shredded aluminum scrap rejected by Dalian Customs
<p>Nearly 105 tonnes of dismantled automotive shredded aluminum scrap from the US were recently rejected by Dalian Customs for containing higher levels of impurities and dust than national standard.</p> <p></p> <p>This batch of aluminum scrap, declared for imports by one company in Liaoning...
New trade regulations may affect nonferrous scrap trading in China; good prospect for domestic scrap recyclers
<p>Nonferrous scrap traders in China could be facing a major disruption in business if the proposed Chinese trade regulations come into practice, said Ma Hongchang, a consultant in Chinese affairs for the Brussels-based Bureau of International Recycling (BIR) at the Non-Ferrous Metals Division...
Secondary aluminium recovery in the U.S. up in Q1 2017
<p>According to the latest aluminium recycling statistics published by the U.S. Geological Survey and Department of Interior, the U.S. aluminium industry purchased an estimated 4,14,500 tonnes of aluminium scrap during March 2017, up 7.1% YoY. </p> <p><img style="vertical-align: middle;"...
Chinese aluminium scrap market remains firm; prices on upward track in all major markets
<p>Currently, there is an increase in investments in secondary aluminium alloys production in China and producers are shifting focus on using scrap generated within China. China generates a large amount of aluminium scrap every month.</p> <p>Here is an analysis of the price trends of various...
India Aluminium Scrap prices stay flat; Aluminium Futures slightly up
<p>India major aluminium scrap commodities prices stayed flat on the Scrap Register Price Index as on Thursday, while aluminium futures prices at Multi Commodity Exchange ended slightly higher.<br /> <br /> India's major aluminium scrap commodities like aluminium accessories scrap, aluminium cable...
India aluminium scrap market lull contrasts bullish MCX aluminium
<p>A flat trend was observed in the India aluminium scrap commodities market as major aluminium scrap commodities prices showed no change on the Scrap Register Price Index on Tuesday, May 23. Aluminium futures prices, on the other side, rose higher at Mumbai’s Multi Commodity Exchange gaining...
Aluminium recovery from scrap up 8% YoY in March 2017
<p>Total aluminium recovered from scrap in March 2017 was 324,000 Tonne, 8% more than the revised amount in February 2017 and 8% more than the recovered amount in March 2016, and 4% more than the amount in March 2015. Of this, 180,000 tonne of aluminium was recovered from new scrap. This registered...
Canada to witness drastic fall in aluminium scrap export in 2017
<p>Canada is the fourth largest producer of aluminium in the world and the second largest exporter after Russia. The country is the fifth largest scrap exporter, the US being the first. </p> <p>{newsStudioGallery}</p> <p>The worldwide demand for secondary aluminium is increasing...
India aluminium scrap prices remain unchanged while MCX aluminium edges higher
<p>Prices of major aluminium scrap commodities in India market stayed flat on the Scrap Register Price Index on Friday, May 12, while aluminium futures traded at Mumbai’s Multi Commodity Exchange got some breather. The contract that seemed to have formed a reasonably solid base above INR 120...
India aluminium scrap prices stay flat; aluminium futures settle slightly higher
<p>India major aluminium scrap commodities prices on the Scrap Register Price Index stayed flat as on Tuesday, while aluminium futures prices at Multi Commodity Exchange settled slightly higher at INR 121.05 per kilogram.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
Japan’s aluminium scrap export to S. Korea may slow down on Hyundai procurement probe
<p>Aluminium scrap export from Japan to South Korea declined in March 2017. The South East Asian country has reportedly turned to Zorba scrap and the US twitch as they have been found to be more economical. March 2017 aluminium scrap export from Japan to South Korea stood at 1,764 tonnes, down from...
India based e-waste recycling startup successfully extracts aluminium and copper from scrap
<p>An e-waste recycling startup in Faridabad, India by “a recycler with professional degrees and an organized setup” is changing the way people in India look at scrap recycling.</p> <p>The Namo E-waste Management was started in 2014 by 28 year old Akshay Jain , who did his MBA from...
US aluminium scrap recovery up 2% in February
<p>According to aluminium recycling statistics published by the U.S. Geological Survey and Department of Interior, the U.S. aluminium industry purchased an estimated 763 million pounds of aluminum scrap during February 2017. This registers about 1.4% increase over the February 2016 total of 753...
Secondary aluminium smelters in China come under environmental scanning
<p>China government launched its third round of pollution control inspections on April 24 in seven provinces, a move feared to strike the nation's secondary aluminium smelters with large carbon footprints. Shanghai Metals Market surveyed to find out how big the impact could be on the downstream...
India aluminium scrap prices hold ground while aluminium futures decline on MCX
<p>Major aluminium scrap commodity prices in India market remained steady on Thursday, April 13, while aluminium futures prices on Multi Commodity Exchange (MCX) witnessed a slide. The overall price ended below at INR 123.10 per kilogram.</p> <p>India's aluminium scrap commodities, the major ones...
Aluminium scrap imports by Japan will decline 9% YoY to reach 35840.2 tonnes in 2017
<p>Japan is buying lesser quantity of aluminium scrap from the international market than it would do three years back. The global trade data shows the archipelagic nation imported only 39427.5664 tonnes of the light metal scrap in 2016, down 41.2 per cent from the previous year.</p>...
Eurostat reports strong growth in aluminium scrap export by the EU
<p>According to preliminary figures released by the EU statistics office Eurostat, exports of non-ferrous scrap metals from the EU in particular aluminium scrap shipments from the EU member states to non-EU countries were on the rise, after a decline in 2017.</p> <p><img style="vertical-align:...
Total aluminium imports by US and Canada up 50% through the first two months of 2017
<p>As reported in the Aluminum Association’s “Index of Net New Orders of Aluminum Mill Products” for March increased 13.6% over February 2017.</p> <p>{newsStudioGallery}</p> <p>Month on month, orders for flat roll products (sheet, plate, can stock and foil) were up 14.7%, while...
