November 2012

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

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

European secondary Al price flat as producers consider margins

European secondary aluminium prices stayed flat on Friday November 30 after finding a floor last week, and producers fear margins will erode further after better London Metal Exchange aluminium prices this week could put upward pressure on scrap prices.

Scrap shortage hits mini-mills’ production in Indonesia

Few Indonesian scrap buyers are willing to take the risk of buying again more than six months after a contamination scandal halted imports.

MB-CESCO 8TH ASIA COPPER CONF: Sims sets eye on burgeoning Chinese scrap generation

Sims Metal Management will capitalise on China’s scrap generation through its strategic partnership with recycling firm Chiho-Tiande, Michael Lion, chairman and director of Sims' Asia unit said on Thursday November 29.

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 aluminium flat as demand falls away

UK secondary aluminium prices were flat on Wednesday November 28, as demand fell further ahead of the year’s end and few are expecting any radical improvement in the market at the start of 2013.

BRAZIL EXPORTS OCTOBER 2012: Aluminium exports recover after fall in September

Brazilian aluminium exports more than doubled in October compared with exports in the same month last year, according to the country’s trade ministry.

HOTLINE: Independent scrap metal traders' group in last ditch bid to stop cash payment ban

An independent collective of scrap metal dealers and merchants has been formed to make a last-minute bid to alter or delay the impending legal aid, sentencing and punishment of offenders (LASPO) act.

Novelis breaks ground on Al recycling plant in Germany

Novelis has broken ground on what it is predicting will be the world’s largest aluminium recycling centre in Nachterstedt, Germany, the company said on Monday November 26.

Barclaycard will provide card payment systems for BMRA members

The British Metals Recycling Assn (BMRA) has teamed up with Barclaycard to provide credit and debit card payment facilities for members once the ban on cash payments for scrap comes into effect in England and Wales early in December.