July 2016

UK scrap, secondary aluminium prices continue to climb

Scrap and secondary aluminium prices saw further rises in the UK on Wednesday 13 July, as currency weakness continued to provide support.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday July 13:

China ADC12 export prices widen amid softer yuan, oversupply

China’s ADC12 aluminium alloy export prices widened this week as a softening yuan and tight supply of raw material underpinned prices, although lingering oversupply capped gains.

PRICING NOTICE: Metal Bulletin launches Japan MJP ADC12 CFR price

Metal Bulletin will launch Japan MJP ADC12 cfr price on a weekly basis from Tuesday July 12. The specification, delivery terms and publication timing will be as follows:

NORTH AMERICAN MORNING BRIEF 11/07: ISO certification no guarantee in Philippine mine audit; Essar Steel Minnesota chapter 11 filing; base metals up

Good morning from Metal Bulletin’s London offices, bringing you the latest news and prices as the day begins in North America on Monday July 11.

BREXIT: UK non-ferrous metal producers face potential EU duties

British non-ferrous metal manufacturers face a risk of their exports to the EU attracting duties should the UK government push ahead with plans to leave the EU following the June 23 Brexit referendum result.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

All MB non-ferrous European scrap prices were unchanged on Friday July 8.

ASIAN MORNING BRIEF 08/07: Secondary Al prices spike on Brexit; Sb, Se prices rise; Brazilian bauxite exports increase 29%

The latest news from the metals markets to start the day in Asia on Friday July 8.

UK secondary aluminium prices rise on Brexit currency hit

UK secondary aluminium ingot prices are spiking on sterling weakness following the UK’s referendum on EU membership, but seasonally slow demand is preventing the same from happening to scrap prices.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday July 6: