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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U.S. secondary aluminium production up 6% YOY during first three quarters of 2016
<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 782 million pounds of aluminium scrap during September 2016. This is 5.5 per cent more than the September 2015 total of 741...
Aluminium closures recycling rate increases more than 50% in Europe, says EAFA
<p>According to a new report published by Allied Market Research, the global metal recycling market is estimated to be worth US$ 446,472 million, registering a compound annual growth rate of 4.5% during 2016-2022. Non-ferrous metals have by far, remained the fastest growing segment; by 2022 it is...
Demonization might affect aluminium scrap trade in India: MD Hindalco Industries
<p>The demonetisation of INR500 and INR1000 currency notes announced by the Government of India on 8 November 2016, which put an end to the usage of all INR500 and INR1000 banknotes as a form of legal tender from 9 November 2016, had a limited effect on the business of big aluminium players in the...
New can stock scrap receipts in U.S. dropped 8% YOY in October 2016
<p>According to Aluminum Association report, U.S. received a total of 53.1 million pounds of new can stock (class) scrap receipts during October 2016, which records a drop of 8 per cent over 57.7 million pounds in October 2015.<br /><br /><img style="vertical-align: middle; display:...
Uncertainty over Alcan smelter triggers idea for aluminium recycling business
<p>Robert McClymont, a man in Lochaber plans to start-up an aluminium recycling business amid ongoing uncertainty over the future of a local smelter. Lochaber, an area in the west of the Scottish Highlands used to be the operating location for Rio Tinto-owned Alcan aluminium smelter for 90 years....
ISRI statistics says 70% of aluminium scrap in the U.S is consumed domestically
<p>As presented during the 2016 CMRA (China Nonferrous Metals Industry Association Recycling Metal Branch) Annual Convention on 7-9 November in Guangzhou, China, recyclers in the United States, Japan and Europe are looking for domestic and export homes for scrap instead of sourcing them...
America Recycles Day illustrates economic and environmental benefits of the recycling industry
<p>The Institute of Scrap Recycling Industries (ISRI), the Voice of the Recycling Industry™, celebrates America Recycles Day today by applauding all individuals who make a strong effort to recycle as part of daily life, and encouraging all to learn more about recycling and the industry....
Brazil aluminium scrap import grew 32% YoY in 2015, beverage can export estimated at $107.63 mln in 2016
<p>Brazil, the Recycling Capital of the world, recycled 289,500 tonnes of aluminium beverage cans out of the 294,200 tonnes available in the market in 2014 - an all-time highest in the industry since 2001, reported the Brazilian Aluminium Association (ABAL) and the Brazilian Association of Highly...
Saudi Arabia becomes an export hub for aluminium scrap in the East
<p>The Kingdom of Saudi Arabia has positioned itself as a major hub for scrap metal recycling. However, despite that Saudi Arabia exports most of the scrap it generates.</p> <p>According to the recent estimate, in 2015, Saudi Arabia exported <strong>211,045</strong> tons of aluminium scrap...
UAE estimated to export 192,887 tons of aluminium scrap in 2016
<p>The Middle East and North Africa (MENA) has been a major exporter of primary aluminium production. Taking a shift from oil, the aluminium industry in the GCC (Gulf Corporation Council) has become a key driver of the economy. Interestingly, Middle East is one of the leading aluminium scrap...
Laos artisans transforming scrap aluminium from bombs into soup spoons and jewellery
<p>Aluminium is an extraordinary metal. Versatile in properties and usage, this metal can be recycled infinitely to recreate articles of enhanced value and beauty. Instances are aplenty whereby aluminium derived from scrap has been upcycled and the final output have found place in museums and art...
Scrap aluminium recovery in the U.S. increases YOY in August
<p>According to the monthly aluminium recycling statistics from the U.S. Geological Survey and the Department of Interior, the U.S. aluminium industry purchased an estimated 781 million pounds of aluminium scrap during August 2016. This records a five per cent increase from the August 2015 total of...
Secondary aluminium recovery in U.S up 3.3% YTD through July: USGS
<p>The U.S. aluminium industry purchased an estimated 766 million pounds of aluminium scrap during July 2016; according to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior, slightly up than the July 2015 total of 760 million.<br /><br /><img...
US aluminium scrap prices plateau while Chinese aluminium scrap edges higher on Index
<p>In the US, shredded scrap prices rose during the week ended August 19, while major US aluminium scrap commodities weekly average prices on Scrap Register Price Index stayed stable.<br /><br />According to TSI, US Midwest shredded scrap index ticked up $1 a long ton to finish the week at $237 a...
Steinert to present aluminium alloys sorting system for recyclers at Aluminium 2016
<p>Cologne, Germany-based Steinert has introduced the LSS (laser sorting system), which it says allows aluminium alloys to be separated from one another. Steinert will present the LSS sorting system during a speech at Aluminium 2016 Thursday, 1 December 2016 at noon. The event will be at Stand...
National Manufacturing Day showcases key role of recycling in U.S. economy
<p>The Institute of Scrap Recycling Industries (ISRI) today joins in the celebration of National Manufacturing Day by highlighting the many positive contributions the recycling industry to the U.S. manufacturing landscape. In 2015 alone, more than 130 million metric tons of metal, paper, plastic,...
Vedanta contemplating revival of Malco for making recycled aluminium
<p>Vedanta, the London listed mining conglomerate says it is contemplating revival of the Madras Aluminium Company (Malco) which closed shutters in December, 2008. Vedanta however ruled out the possibility of primary aluminium production in the plant. The firm says they are internally discussing...
China exports a total of 106,025mt aluminium semis in August, up 40% YoY
<p>According to the latest export-import data released by China’s General Administration of Customs, the total aluminium semis export of the country grew 40.29 per cent year-over-year to reach 106,025 million tonnes (mt) in August 2016. During January-August period, the same surged 12.6 per...
