November 2016

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES 16/11

The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday November 16:

China’s primary aluminium output inches up in October

China produced 2.73 million tonnes of primary aluminium in October, an increase of 1.1% from October 2015, the China National Bureau of Statistics said on Wednesday November 16.

Aleris says Zhongwang USA deal will close in Q1 2017

The acquisition of Aleris by Zhongwang USA is on track to complete in the first quarter of 2017, according to the US aluminium rolled products producer.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 11/11

The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday November 11:

PEOPLE MOVES: Otavio Carvalheira named president of Alcoa Brasil

Alcoa Corp has made Otavio Carvalheira its president of operations in Brazil.

Alumina Atlantic differential swings to premium as region becomes terminal market

The regional price difference between alumina of Atlantic and Pacific origins has swung to a premium for Atlantic material as refinery closures bite in North America.

ALUMINA INDEX: Chinese restocking sends benchmark above $300, to 16-month high

Spot alumina prices continued to rise over the past seven days, reaching their highest since July 2015 as Chinese smelters stocked up for the winter production cycle.

UK secondary Al, Al scrap demand drives higher prices

UK secondary aluminium and aluminium scrap prices rose on Wednesday November 9, as producers looked to stock up on scrap to fill orders over the next few weeks and into early 2017.

Brazil's bauxite exports grew 38% in October on higher shipments to China

Brazilian bauxite ore export volumes were up 38% year-on-year in October, the country’s foreign trade ministry, MDIC, said on Tuesday November 8.

Brazilian alumina exports down 9% y-o-y in October

Brazil’s alumina export volumes fell 9.1% in October from a year earlier, according to figures released by the country's foreign trade ministry, MDIC, on Tuesday November 8.