February 2012

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 margins tighten further

UK secondary aluminium producer margins tightened further on Wednesday February 29, as ingot prices edged higher against scrap raw material prices that again saw strong gains.

US e-cycling coalition, ISRI at odds over exports

Two recycling groups remains at odds over proposed federal legislation seeking to ban exports of certain electronic waste.

Free market aluminum scrap prices move higher

Free-market aluminum scrap and ingot prices continue to inch higher, driven by a rise in the London Metal Exchange’s North American special aluminum alloy contract (Nasaac).

US nonferrous scrap exports rise in 2011

U.S. nonferrous scrap exports jumped 14.5 percent last year as aluminum and copper scrap sales to offshore consumers outperformed every month in 2010.

NY recycler to open scrapyard in Ulster

A recycler wants to establish a scrap metal recycling and transfer facility in Ulster, N.Y.

Free market aluminum scrap prices up on Nasaac strength

Free-market aluminum scrap and ingot prices have risen due to an increase by the North American special aluminum alloy contract (Nasaac) on the London Metal Exchange and a tightness in scrap supply.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

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

European secondary aluminium prices flat

European secondary aluminium prices were stable on Friday January 24, as consumer demand fell away with producers unwilling to accept lower prices due to already tight margins.

Scrap market upbeat; US ferrous prices seen rising

A strong export market, healthy domestic demand and rising gasoline prices could combine to push ferrous scrap prices slightly higher in March, sources said this week on the sidelines of an industry meeting in St. Louis.