December 2010

Hydro production unffected by explosion at Al plant

Aluminium production was unaffected by an explosion at a Hydro plant in Norway in the early hours of Friday morning, a company spokesman said

(AMM) Scrap industry veteran tapped to head ISA's alloys division

Industrial Services of America Inc. (ISA) announced Tuesday it has appointed Terry Hancock to head its alloys division.

***MB NON-FERROUS EUROPEAN SCRAP AND INGOT PRICE CHANGES

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

(AMM) Aleris jettisons sole scrap collection assets in Brazil

Aleris International Inc. has completed the sale of its lone Brazilian operation to MCN Empreendimentos e Participacoes Ltda., the company said Thursday.

(AMM) Secondary aluminum alloy prices firm

Secondary aluminum alloy prices have firmed, emerging strong from two weeks of inventory management, with rising scrap prices and improving terminal markets strengthening the tags.

(AMM) Evermore Recycling appetite said driving UBC pricing up

Used beverage container (UBC) prices, which have remained firm all year, have been driven by Evermore Recycling LLC's ability to overpay the market to meet its mammoth requirements, market sources told AMM.

***MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

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

(AMM) Aluminum scrap prices jump again as dealers pull out of market

Aluminum scrap tags continued to trek higher this week after some dealers pulled away from the market and buyers were forced to be more competitive on prices.

(AMM) Domestic zorba falls, fails to follow rise in export tags

Domestic prices for zorba, a shredded aluminum scrap product, fell this month despite a spike in export prices as local supply chased weak demand, market participants told AMM.

DIN226 price rises in EU on expectation of scrap price spike

Pressure diecasting ingot DIN226 prices rose in Europe on Friday amid last minute end of year buying, winter weather conditions and expectations of an increase in aluminium scrap prices