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...
Grow with
AL Circle
India Aluminium Scrap prices climb; MCX Aluminium settle down
<p>India major aluminium scrap commodities prices climbed on Tuesday, while aluminium futures prices at Multi Commodity Exchange settled down on profit booking after prices gained on expectations of a tighter market.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
US aluminium scrap recovery up 2.2% in January
<p>According to the aluminium recycling statistics published by the U.S. Geological Survey and Department of Interior, the U.S. aluminium industry purchased an estimated 754 million pounds of aluminium scrap during January 2017, registering an increase of 2.2 % over the January 2016 total of 738...
GARMCO to start $ 55 million recycling and cast house facility
<p>Gulf Aluminium Rolling Mill (GARMCO), one of the largest downstream aluminium facilities in the Middle East for rolling, cutting and fabricating aluminium, plans to set up a new recycling and cast house facility worth $ 55 million.</p> <p>Mahmood Alkooheji, Bahrain Mumtalakat Holding Company...
India aluminium scrap prices continue to remain stable; aluminium futures edge up
<p>India's major aluminium scrap commodities prices continued to remain stable on Friday, while aluminium futures prices at Multi Commodity Exchange edged up as the political heat is rising in the aluminium market, with a trio of industry bodies calling on the G20 to address global market...
Aluminium recycling remains the highlight of Hydro’s annual report 2016
<p>Norway-based aluminium producer Norsk Hydro recently released its annual report of 2016- Making the World Lighter. In it Hydro’s president and CEO Svein Richard Brandtzæg has written a letter to the company’s shareholders stressing on the reasons behind the huge...
New can stock scrap receipts in the US drop in February
<p>According to the latest monthly statistics from Aluminum Association, the new can stock (class) scrap receipts in the United States totalled 52.8 million pounds during February 2017. This registered a drop of 4.1 per cent from the February 2016 total of 55.0 million pounds.</p> <p><img...
India aluminium scrap prices show steady trend while MCX futures edge higher
<p>The prices of major aluminium scrap commodities traded in India’s domestic spot market remained relatively flat on Friday, March 17, while aluminium futures prices at the Multi Commodity Exchange (MCX) edged marginally higher INR 124.90 per kilogram.</p> <p><img style="vertical-align:...
Germany exports more than 1 million tons of aluminium scrap every year
<p>Germany is the major aluminium market in Europe and is home to the world’s largest automakers. The country contributes 25% of total aluminium consumption in Europe. German aluminium producers and processors produce about 560,000 tonnes of aluminium. It comprises about 260,000 tonnes of...
Aluminium scrap prices in India plateau while aluminium futures climb higher at MCX
<p>The prices of major aluminium scrap commodities in India remained largely unchanged on Wednesday, March 15, while aluminium futures edged higher at Multi Commodity Exchange (MCX). The rise in MCX aluminium was in tandem with the uptrend in aluminium prices at the London Metal Exchange (LME) on...
Domestic orders for aluminium mill products and export drop in the U.S. and Canada
<p>The Aluminium Association’s “Index of Net New Orders of Aluminum Mill Products” for February dropped 6.1 % MoM. Orders for flat roll products dropped 5.8 %, while orders for extruded products declined 7.7 % and orders for redraw rod were off 4.9 %. YoY, the orders record a...
India Aluminium Scrap remains steady; Aluminium Futures down
<p>India's major aluminium scrap commodities prices remained steady on Thursday, while aluminium futures prices at Multi Commodity Exchange declined tracking weakness from LME Aluminium.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
India aluminium scrap prices climb; aluminium futures settle slightly down
<p>India's major aluminium scrap commodities prices climbed on Monday, while aluminium futures prices at Multi Commodity Exchange settled slightly down.</p> <p>The major aluminium scrap commodities on the Scrap Register Price Index showed an uptrend on Monday. India's major aluminium scrap...
AEC files new scope clarification case against China Zhongwang
<p>The Aluminum Extruders Council (AEC) has reported that they have filed a new scope clarification case against China Zhongwang Holdings Limited and its extensive network of affiliates, asking the Department of Commerce (DOC) to expand the DOC’s determination last December regarding...
Gershow recycling donates aluminium scrap to robotics teams
<p>Gershow Recycling, one of the leading scrap recyclers has opened its Medford facility to local FIRST (For Inspiration and Recognition of Science and Technology) Long Island robotics teams for last eight years. The programme allows coaches, students and their parents, to collect aluminium scrap...
China aluminium scrap import surges 27.3% YoY in Jan; annual import shrinks due to slack demand
<p>China's output of secondary aluminium faced a significant slowdown in the recent past impacted on by global economic downturn and shrinking demand. However, demand for the secondary metal produced from scrap aluminium has been on a rise in China driven by strong automotive industry demand. While...
Secondary aluminium recovery in the U.S. up 7.0% in 2016
<p>According to the recent aluminum recycling statistics by the U.S. Geological Survey and Department of Interior published by the Aluminum Association, the U.S. aluminium industry purchased an estimated <strong>370500</strong> tons of aluminium scrap during December 2016, which registers a 9.0 per...
Top five aluminium scrap exporting countries in the world
<p>We are all aware of the infinite recycling properties of aluminium. Recycling aluminium requires about 95% less energy than the production of primary aluminium Aluminium scrap remains a significant resource to be used as raw material to produce secondary aluminum and subsequently new aluminum...
India aluminium scrap prices climb in line with aluminium futures
<p>India's major aluminium scrap commodities prices climbed on Wednesday in line with aluminium futures prices at Multi Commodity Exchange as support seen after a draft policy document suggested China will constrict production next winter to help improve air quality.</p> <p><img...
