Aluminium Scrap
Nagpur Customs clarifies PSIC exemption norms for scrap imports through designated ports
India's Customs Commissionerate, Nagpur, has issued a standing order clarifying the conditions for clearing metallic waste and scrap without a Pre-Shipment Inspection Certificate (PSIC), following amendments to Para 2.51 of the Handbook of Procedures (HBP), 2023, and DGFT Public Notice No. 43/2023 dated 14 February 2024. The order reiterates that scrap originating from specified safe countries can be cleared without PSIC through designated sea ports, subject to prescribed documentation, safety checks and regulatory compliance. Safe-country imports subject to verification Under the amended provisions, metallic waste and scrap, whether shredded or unshredded, originating from the US, UK, Canada, New Zealand, Australia and the European Union may qualify for the PSIC exemption. However,...
Technical rebound combined with destocking support; Marginal supply increase limits aluminium price upside
Futures: SHFE aluminium closed at RMB 23,300 per tonne, up 1.44 per cent. Prices broke firmly above MA5 (23,057) and MA10 (23,082), but upside remains capped by MA30 (23,802) and MA60 (23,772), with the overall move representing a strong rebound after oversold conditions. Although the MACD lines (DIF=-265.99, DEA=-229.00) remain below the zero axis, the green bars narrowed sharply to -73.98 (previous day -156.23), indicating a significant decline in bearish momentum and the initial emergence of a technical bullish divergence. Trading volume reached 102,100 lots, reflecting active bottom-fishing. The suggested core trading range for SHFE aluminium is 23,000-23,800. LME aluminium closed at USD 3,037.5 per tonne, up 0.35 per cent. Prices have stabilised above MA5 (3,026.7) and MA10...
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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Foshan Xinshenghao supports SMM in creating the "2027 SMM national low-carbon cast aluminium alloy enterprise distribution map"
To systematically build a new ecosystem for the green development of the cast aluminium alloy industry and help enterprises precisely connect with high-quality supply chain resources, SMM has officially launched the compilation of the 2027 SMM Low-Carbon Cast Aluminium Alloy Enterprise Distribution Map. This distribution map will provide a panoramic view of China's low-carbon cast aluminium alloy industry layout, focusing on key data such as enterprise regional distribution, core products, low-carbon certification qualifications, and annual capacity scale, creating an authoritative platform for industrial resource matching. Here, SMM joins hands with Foshan Xinshenghao Aluminium Co., Ltd . to invite upstream and downstream entities to jointly participate in the production and promotion of...
Holiday disruptions combined with raw material constraints are expected to pull back the operating rate of secondary aluminium producers in October
According to SMM survey statistics, the operating rate of the secondary aluminium alloy industry in September was 35.0 per cent, up 3.1 percentage points M-o-M but down 6.7 percentage points Y-o-Y. Industry production continued its recovery trend, but the overall operating level remained below the same period last year. On the demand side, September marked the traditional peak consumption season, with downstream orders recovering from August. End-use demand from automobiles and other sectors improved marginally, but the peak season effect has yet to fully materialise. According to CAAM data, automobile production in September was 2.99 million units, up 11.4 per cent M-o-M but down 8.7 per cent Y-o-Y. NEV production was 1.814 million units, up 12.2 per cent Y-o-Y. CAAM noted that China's...
243% rise in US-bound aluminium scrap: METLEN calls for a more competitive Europe
Europe’s aluminium scrap exports to the US have risen by 243 per cent, highlighting a growing concern over the continent’s access to strategic raw materials as it pursues recycling, decarbonisation and industrial competitiveness. Evangelos Mytilineos, Executive Chairman of METLEN, raised the issue, linking scrap outflows to the broader challenges facing European industry, energy security and strategic autonomy. Aluminium scrap outflows raise industrial concerns Mytilineos referred to the contrasting US tariff treatment of aluminium products, i.e., a 50 per cent tariff on primary aluminium, compared with zero tariff on scrap . With European aluminium scrap exports to the US increasing by 243 per cent, he questioned whether Europe could strengthen its industrial base while allowing valuable...
Weakening cost support coupled with insufficient peak-season realisation drove ADC12 price center lower
Aluminium scrap: This week, the aluminium scrap market fluctuated at highs, with the price center shifting lower alongside primary aluminium but showing notable resilience. As of October 15, SMM A00 aluminium prices closed at RMB 23,260 per tonne, down RMB 500 per tonne from last Thursday. The price difference between A00 aluminium and aluminium scrap narrowed significantly: on October 15, the price difference between A00 aluminium and mixed aluminium extrusion scrap free of paint in Foshan was approximately RMB 2,155 per tonne, narrowing RMB 337 per tonne WoW; the price difference between A00 aluminium and shredded aluminium tense scrap was approximately RMB 711 per tonne, narrowing RMB 615 per tonne WoW. Supply side, tax audits in central China continued to deepen, making compliant...
AL Circle Analysis: US scrap imports hit 580kt as China slips 3.2%, who drives aluminium recycling?
Aluminium scrap is no longer a side story in the metal’s market. Rather, aluminium’s next standoff is over scrap. As US imports surge 37 per cent while China’s purchases decline, manufacturers in Europe and India are confronting a common challenge of securing affordable, reliable raw materials. With recycling rates, trade barriers and low-carbon production reshaping market, the global industry faces a critical question: who will control the metal that powers its circular future? Join the fourth edition of the webinar "Hedging for recyclers - Become an expert in 6 hours" by Jorge Dyszel. A 1.1-billion-tonne stockpile: US stocks up, China steps back, India asks for access The US imported 580,000 tonnes of aluminium scrap worth USD 2.07 billion in H1 2026 , with Canada accounting for 63.62...
FACE welcomes Porto Marghera stockpiling plan and scrap export monitoring, but calls for more coherent supply strategy
Security of aluminium supply is once again at the centre of Italy’s institutional debate. In response to a parliamentary question submitted in the Chamber of Deputies by MPs Squeri, Lovecchio and Casasco, Minister for Enterprises and Made in Italy Adolfo Urso referred to the measures introduced to monitor aluminium scrap exports to non-EU countries and to Porto Marghera’s bid to host Europe’s first strategic stockpiling site for critical raw materials. FACE welcomes the political attention being given to an issue that has been a priority for the aluminium value chain for decades: ensuring that European and Italian downstream industries have adequate access to raw materials at competitive prices. “Recognising aluminium as a strategic material is an important step, and FACE has been drawing...
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