April 2012

European secondary aluminium margins fall again

European secondary aluminium ingot prices edged down on Friday April 27, further cutting margins as most producers have been unable to secure lower scrap prices in a tight raw material market.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

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

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 prices fall as export markets remain shut

UK secondary aluminium ingot prices fell on Wednesday April 25, as export markets remain closed due to unfavourable exchange rates and a shortage of containers for eastbound shipping.

EMR Willesden scrapyard hoping to reopen today after fire

The European Metal Recycling (EMR) scrapyard in Willesden, west London, is expected to reopen on Wednesday March 25 after an outbreak of fire the previous afternoon, a spokeswoman told Metal Bulletin.

Italy removes environmental compliance clause from waste shipping rules

The Italian parliament has passed an amendment removing recently imposed changes to waste shipping regulations affecting scrap metal exporters, a market source told Metal Bulletin on Wednesday April 25.

Free-market aluminum scrap prices steady in quiet trading

Free-market aluminum scrap prices were largely steady Monday in slow trading stemming from an industry convention last week and a depressed but stable London Metal Exchange.

Arca names Holmes chief of staff

Minneapolis-based Appliance Recycling Centers of America Inc. (Arca) has appointed Rachel L. Holmes as its chief of staff, a newly created position.

MILLING ABOUT: Clark takes new technical role at Novelis to drive growth

Rolled aluminium products maker Novelis has appointed Jack Clark to the newly created position of chief technical officer as it seeks to improve efficiency across its operations.

US UBC reclamation volumes trend downward in March

Aluminum used beverage can (UBC) reclamation volumes trended downward in March 2012, while new can stock receipts also fell compared with March 2011’s numbers, according to Aluminum Association data.