November 2013

Seven-year legal battle ends for Recylex

French lead recycler Recylex has said the legal dispute between it and the liquidators of Metaleurop Nord is finally over, after seven years.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday:

SA scrap merchant sues regulator for declining export permits

South Africa’s second-largest scrap merchant, SA Metal, took the country’s International Trade Administration Commission (Itac) to court last week in a bid to force the regulator to grant export permits it had refused under the new scrap export policy.

ASIA COPPER WEEK: Jiangxi accepted TC/RCs below $100/10 after ‘very tough’ talks

From a strict supply and demand perspective, Jiangxi Copper believes treatment and refining charges should be above $100 per tonne and 10 cents per lb, Yuneng Wu, vp Jiangxi Copper, told delegates at the ongoing 9th Asia Copper conference in Shanghai.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday:

Secondary Al ingot prices down in Europe

Secondary aluminium ingot prices dropped in Europe on Friday November 15, as market participants reported dwindling numbers into the year end.

Brazil´s aluminium imports surge as year's first Russian shipments arrive

Brazil´s aluminium imports rose by 61.2% year-on-year in October, mainly as a result of the year's first shipments from Russia.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday:

China's copper scrap imports down 7.6% in October

China's copper scrap imports in October fell 7.6% month-on-month, according to preliminary Chinese customs figures released on Friday November 8.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday: