November 2013

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

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

SA government clarifies pricing standard for aluminium scrap in new policy

The South African government has clarified how it calculates the price preference on aluminium scrap to the local market under a newly-implemented scrap export policy in an amendment notice, published in the Government Gazette, on November 15.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

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

UK secondary Al market under pressure for rest of year

UK secondary aluminium ingot and scrap prices were broadly stable on Wednesday November 27 but will remain under downward pressure ahead of the new year, when higher prices are expected.

COMMENT: Ten things we learned during Asia Copper Week in Shanghai

Treatment and refining charges (TC/RCs), scrap availability and the heroes of table tennis were among the issues discussed during Asia Copper Week in China. Here are the ten things we learned.

Freeport, Codelco see scrap as swing factor for copper supply

The supply surplus emerging in the refined copper market is insignificant in comparison to the large swings that can be seen in the supply of copper scrap as prices rise and fall, senior executives at Codelco and Freeport McMoRan told Metal Bulletin.

European secondary Al unchanged even as demand strengthens

European secondary aluminium prices remained flat on Friday November 22, as overcapacity checked gains even as demand for both spot material and 2014 contracted volumes showed considerable strength.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

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

FACTS: China's imports of steelmaking raw materials mixed in October

China saw its imports of ferrous scrap rise in October compared with a month earlier, but those of iron ore and coking coal fell, according to customs data released on Thursday November 21.

UK Al scrap prices fall as merchants plan holidays

UK aluminium scrap prices fell on Wednesday November 20, as much of the market seemed to shut up shop ahead of the year-end, and aluminium ingot business remains confined to previously contracted deals.