market trends

However, production growth in China easily outstripped the world average in leaping 15.7% year on year to 24.938 million tonnes, thereby accounting for more than 55% of total world output in 2016. In...
‘Scrap companies lose over US$ 200 million a year because of fraud, contract cancellations and material quality issues,’ says Chris Yerbey, founder and ceo of Scrap Connection. ‘...
Capacity utilisation among the countries reporting to the World Steel Association (WSA) was 69.6% compared to 68.2% in October last year but 70.2% this September. The overall production increase in...
During the first six months of this year, ALBA traded 695 000 tonnes of ferrous scrap compared to 1.1 million tonnes in the same period in 2015 while its non-ferrous volumes fell from 183 000 tonnes...
The number of cars sold in India is projected to grow from 2.2 million vehicles back in 2010 to 10.6 million units by 2020. Currently, some 28 million vehicles are said to be over 15 years old and...
The company had previously forecasted a deficit in excess of 1 million tonnes based on a smaller supply increase of 2%. As regards leading outlets for the light metal, Alcoa is anticipating a global...
Van Gansewinkel is among the largest waste and recycling businesses in the region while Shanks is third in size. By coming together in this way, the pair will have 'a stronger and complementary'...
Contributing to the Materials Recycling World magazine, he points out that a large proportion of the UK’s business is conducted with EU member states, with free trade having helped to support...
‘The launch of our three new shredders proves that Lindner’s main focus is on flexibility,’ announced Lindner Recyclingtech’s product manager Stefan Scheiflinger. ‘The...
Dr Steve Wong, executive president of the China Scrap Plastics Association, confirms that Beijing has been debating reforms to its solid waste import regulations as part of its clampdown on...
That said, this April's crude steel production for the 66 countries reporting to the World Steel Association (WSA) was only a slender 0.5% short of the tally for the same month last year at 134.906...
American shipments to China tumbled 27% from 200 098 tonnes in January-March 2015 to 146 915 tonnes in the first quarter of the current year. This decrease was far steeper than for US shipments to...
The comprehensive two day conference will take place in the country's capital from 15-16 September at the Kish International Convention Centre. The event will focus on global market trends as well as...
For the first time, Iran overtook India as the world’s biggest DRI producing country. India came second and Saudi Arabia ranked third. According to World Steel, Iran’s DRI output in March...
The event will focus on copper’s reuse and recycling dynamics, touching upon such subjects as: mining versus recycled copper; economic developments and copper prices; latest market trends in...
'On the supply side, a forecast of 3% growth in 2016 relies upon a 14% rebound in recycled supply,' notes the WPIC. 'Meanwhile, sentiment-driven supply from vaulted investor holdings looks less...
Speaking at the Rusmet scrap metals conference held this week in Moscow, Jafarinejad confirmed that Iran's steelmakers are to boost capacity and upgrade technology, for which expertise from Europe...
In our market report concluded on February 24, cfr price indications for shipments from Europe to Turkey were US$ 170-175 per tonne for standard quality HMS I/II 80/20 scrap and US$ 175-180 per tonne...
PET packaging will see 'strong growth' owing to greater demand in end-use markets, it claims. 'Driven mainly by increasing demand in emerging and transitional economies, the market will grow 3.6%...
The company has doubled its recycling capacity over the past five years, thus ‘helping to reduce greenhouse gas emissions by 13 percent from baseline’. ‘Novelis’ commitment to...
In the first 10 months of the year as a whole, global crude steel production fell 2.5% from 1.38 billion tonnes in 2014 to 1.346 billion tonnes this time around, with only India and Germany posting...
With primary production climbing around 1% to 12.295 million tonnes, total refined output of the metal amounted to 14.931 million tonnes for a 1.6% gain over 2014, according to the latest statistics...
Addressing the BIR world recycling body's recent ferrous division meeting in Prague this week, he said India's steel industry was expected to boost its scrap consumption over the next 10 years from...
The global battery market was worth US$ 60 billion in 2014, Christophe Pillot declared at the recent International Congress for Battery Recycling. 'This represents no less than an average growth of 5...
‘Find and be found!’ exclaims Dutch entrepreneur Tim Nijenbrink. ‘That’s what business is all about. Especially in times when margins are tight and you want to make sure you...
Customer steel inventories 'remain at elevated levels' and, when combined with further declining scrap prices, have resulted in 'hesitant ordering', he continues. 'As scrap prices stabilise at these...
World refined production climbed 2.5% in this year's January-July period to 13.089 million tonnes: primary production advanced by 1.5% to 10.728 million tonnes whereas secondary production from scrap...
China's finished steel exports in July and August combined for over 19m tonnes but even this figure was eclipsed by the record-breaking 11.3m tonnes shipped out in September alone, he points out....
A controversial mixed-waste materials recovery facility has shut down in Montgomery, Alabama. The MRF, operated by a company called IREP, had plans to sort out recyclable materials from garbage and...
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