December 2012

NOTE TO SUBSCRIBERS: No daily newsletters on January 1, 2

Due to public holidays at the start of 2013, Metal Bulletin will not send any of our regular daily newsletters on January 1 or January 2. This includes the Daily Metal, Daily Steel and China Daily newsletters, as well as any daily corporate emails. Normal service will resume on Thursday January 3.

Global scrap volumes, values made 2011 a record year, says ISRI

Global scrap metal exports were valued at $124.8 billion in 2011, marking a “banner year for global scrap demand”, the Institute of Scrap Recycling Industries (ISRI) said in a report.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

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

European secondary aluminium ingot prices rise again, but scrap rise saps margins

European secondary aluminium ingot prices edged higher on Friday December 21 after good buying volumes over the past two weeks, but strong increases in scrap prices saw producer margins shrink.

METAL BULLETIN DAILY PDFs & WEEKLY: UK Christmas holiday break

Due to the UK Christmas and New Year holidays, the final downloadable Daily PDF of 2012 will be available on Monday December 24. The first Daily PDF of 2013 will appear on the Metal Bulletin website on Thursday January 3. The last Weekly issue of 2012 is published on Monday December 24, and the first Weekly of 2013 is published on Monday January 7.

Scrap consortium gains contract in Jersey

A consortium of UK recycling companies have joined forces to supply a scrap metal recycling facility to the island of Jersey.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

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

Producer sentiment lifts in UK secondary aluminium market

UK secondary aluminium ingot prices remained unchanged on Wednesday December 19, but producer sentiment improved following indications of better prices in Europe.

SA producers to argue against Eskom hikes at January hearings

Industry players are devising their strategies on how they will present their cases to the National Energy Regulator of South Africa (Nersa) in January, when the regulator will start public hearings on Eskom’s proposed 16%-per-year tariff increases for five years.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

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