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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North American aluminium scrap prices see no change on Index 15th Feb, 2017
<p>The North American Aluminum scrap prices remained unchanged on ScrapMonster Price Index as on February 15th, Wednesday.<br /><br />1100 Scrap prices remained flat over the day. The prices of 3003 Scrap too were flat at $0.64 per Lb. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe...
Chinese pollution fears weigh India aluminium scrap and futures prices
<p>India's major aluminium scrap commodities prices stayed stable on Tuesday, while aluminium futures prices at Multi Commodity Exchange settled slightly higher mainly due the renewed concerns about potential closures of Chinese smelters to cut pollution. <br /><br />The major aluminium scrap...
Chinese aluminium scrap prices edged higher on Index on Feb 13
<p>The Chinese aluminium scrap prices increased marginally on the Scrap Monster Price Index on February 13th, Monday.<br /><br />6063 Extrusions witnessed a rise of CNY 200 per MT over the previous day. Aluminium Radiators and Transformers prices were up by CNY 100 per MT each. E.C Aluminium Wire...
Data shows a drop in aluminium scrap export by the U.S. in 2016
<p>USA is the world’s largest aluminium scrap exporter. Being a country with one of the highest GDPs, the country consumes significant amount of aluminium can and other aluminium foil packaging that generates large amount of scrap along with e-scraps. The category ranked No. 154 through...
Aluminium ingot, scrap and mill products import into the U.S. and Canada up 70% in December
<p>Imports of aluminium ingot, scrap and mill products into the U.S. and Canada stand at 702 million pounds in December 2016, up 70% YOY. Exports Including scrap, which accounted for roughly 50.8% reported aluminium exports in December, stands at 472 million pounds, down 7.3% YOY and...
India aluminium scrap prices hold steady on the Index; Govt to push for vehicle scrap policy
<p>India aluminium scrap prices remained fairly stable on Wednesday, February 8, while aluminium futures prices edged higher at Mumbai's Multi Commodity Exchange, reported Scrap Register. Aluminium futures gained on the back of ongoing scanning of smelters by the government agencies in China which...
International Aluminium Recycling Congress reiterates commitment towards a circular economy
<p>The 14th International Aluminium Recycling Congress that took place in Manchester on 7 and 8 February played host to over 150 delegates from across Europe. European Aluminium firmly reiterated its commitment towards the conference theme “Recycling at its best: the circular economy...
IAI introduces web-based tool to visualise aluminium value chain
<p>The International Aluminium Institute (IAI), the global association of aluminium producers, has introduced a new web-based tool at the 14th International Aluminium Recycling Congress in Manchester, UK, that helps the user to know aluminium value chain from bauxite to aluminium scrap, including...
Spain's aluminium scrap import to grow 7.6% YoY valued at US$0.19 bln in 2017
<p>Spain is home to Europe's largest machinery scrapyard. Some of the industry's biggest aluminium scrap dealers and recyclers also have their facilities located here in the Iberian Peninsula country. According to a recent report, secondary metal production in Spain will grow at an estimated CAGR...
South Korea aluminium scrap import sees a steady rise in last three years
<p>South Korea is one of the leading aluminium scrap importer in the world. The country imports aluminium scrap and recycles them for making aluminium alloys. As reported in the latest edition of Non-Ferrous Metals World Mirror by Bureau of International Recycling (BIR), the country’s import...
Innovative wagon designs and exports remain top priority for RM Rail in 2017
<p>RM Rail Company from Russia, a leading producer of more than 50 models of freight wagons as well as wagons casting has released their strategy for 2017. The top priorities for 2017 include development of innovative wagon designs, an increase in exports and expansion of the range of castings...
Total aluminium recovery from scrap by the US aluminium industry increases 15% YOY in November
<p>According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior, the U.S. aluminium industry purchased an estimated 792 million pounds of aluminium scrap during November 2016, this records a healthy increase of 14.4% over the November 2015 total of 693...
Japan is on a 'moderate recovery' path: Aluminium scrap imports dip while exports surge YoY
<p>Aluminium scrap supply in major Japanese markets remains tight which seem to be supporting the bullish market conditions over the short term, reports the Bureau of International Recycling (BIR) in its latest edition of Non-Ferrous Metals World Mirror. The country's total aluminium scrap exports...
Trading activity declined in global secondary aluminium market during Nov-Dec 2016, reports BIR
<p>The latest edition of Non-Ferrous Metals World Mirror published by the Bureau of International Recycling (BIR) is out now and available for industry reference, reported Scrap Monster. The highlight of the report remains an almost silent secondary non-ferrous metal market after the Indian...
European Aluminium reacts to Circular Economy vote in ENVI
<p>European Parliament’s ENVI Committee has voted on the amendments to the Circular Economy Package on Tuesday January 24. Gerd Götz, Director General of European Aluminium, has expressed the association’s stand on the outcome of the vote.<br /><br />• Calculation method<br...
The U.S. receives 685.1 million pounds of can stock scrap in 2016
<p>According to the Aluminum Association reports, new can stock (class) scrap receipts in USA stood at 53.6 million pounds during December 2016. This records a slight decrease from the December 2015 total of 54.0 million pounds.<br /><br /><img style="vertical-align: middle; display: block;...
Italy's aluminium scrap imports hold steady driven by rising demand from remelt rolled product manufacturers
<p>Italy is the second largest aluminium market in Europe just after Germany with consumption amounting to 2 million tonnes per annum. As pointed out by Mr. Fabrizio Ciampoli, CEO of All Metal Services, Italy, in the recently held Aluminium and New Materials roundtable at the Bengal Global Business...
Mexico remains a net importer of aluminium scrap while its exports surge 27.3% YoY in 2016
<p>Mexican aluminium industry is characterised by the presence of a large number of secondary aluminium smelters and die-casters which cater to the domestic automotive industry- globally the seventh-largest in production volume. Most of these smelters are fed by aluminium scrap imports from the...
