April 2016

METAL BULLETIN DAILY PDFs

There will be no Daily PDF on Tuesday May 3 because of the UK national holiday on Monday May 2. The downloadable Daily PDFs will resume as normal on Wednesday May 4.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday April 29:

Court dismisses Eferton lawsuit against Asia-Global

A California court has dismissed a complaint related to allegations that Asia-Global Renewable Energy Corp knowingly misrepresented the quality of copper ingots in the certificates of quantity and quality issued to a subsidiary of Eferton Group.

UK secondary Al producers fight to maintain ingot prices, margins

UK secondary aluminium producers are doing all they can to maintain margins after recent currency moves put pressure on ingot 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 April 27:

Aurubis’ earnings drop to $86m in Jan-March

Aurubis achieved consolidated operating earnings of €77 million ($86.4 million) in its fiscal second quarter ended March 31, down 46% year-on-year, but above analysts’ consensus expectations, the company said on Monday April 25.

PEOPLE MOVES: Cronimet takes on new Asia ceo

Stainless steel raw materials supplier Cronimet has appointed Oliver Kleinhempel as ceo for Asia, the company has said.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

All MB non-ferrous European scrap prices were unchanged on Friday April 22.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday April 20:

European secondary aluminium producers try to force prices higher

European secondary aluminium producers are attempting to force spot prices higher on strong demand from consumers, but the low London Metal Exchange aluminium price continues to thwart those efforts.