Trade

From the proposed listing date, NOREXECO will set closing prices, have tradeable prices on screen and will be open for block trades. Ongoing consultations with the industry will determine product...
During the very first of 14 meetings, BIR’s advisor on China’s policy and regulatory developments Ma Hongchang warned the world association’s non-ferrous metals division that, under...
‘Very tight’ scrap supply and rising prices have prompted several mills in Asia - notably in India, Taiwan and also South Korea - to ‘switch in part from scrap to nickel for...
Another major challenge for European exporters has been the tripling in freight costs for shipments from main European ports to Chinese ports over the last three months - from US$ 750-800 per...
According to latest stats from the Census Bureau and International Trade Commission, a shade over 2.1 million tonnes left American shores in January-February 2017 as against just 1.368 million tonnes...
'This could even mean we introduce our own TRA quality stamp of approval,' he told Recycling International following the first-ever Quality First Recycling Conference, held in London this month. Some...
Stainless steel scrap prices have made further strong progress since our previous report in late January, with the 304 grade advancing from US$ 1240-1290 to US$ 1290-1340 per tonne and the 316...
  Almost nine million vehicles are ready for scrapping in India, according to Surendra Patawari Borad of Gemini Corporation at the latest Metal Recycling Association of India conference. 'Just...
Among the major producers, the biggest year-on-year gains for February were reported by Turkey (+15.6% to 2.739 million tonnes), India (+8.9% to 8.113 million tonnes), South Korea (+8.3% to 5.508...
Germany achieved a 'record' 74.5% recovered paper utilisation last year. The country was able to meet demand for material by importing a 'significant' 4.4 million tonnes from various other EU...
Speaking at the 6th BMR International Conference held recently in Dubai, the chairman of the UAE-based Sharif Group lamented the harsh impact of global economic trends on the Middle East where the...
Some 7.5 billion plastic bags, 10 billion cardboard boxes and 17 billion metres of wrapping tape were used to ship China’s parcels in 2015. ‘In China, an average of 57 million packages...
Global demand for aluminium is expected to reach 62.7 million tonnes this year, with China thought likely to record growth of 6.7% to 33.5 million tonnes while the rest of the world is forecast to...
Over the past three months, prime plastic prices in Asia have remained high under the support of good demand - except in the case of China. After the Chinese New Year holidays, the prime plastics...
Polyethylene scrap accounted for almost 61 000 tonnes of the January 2017 export total for a year-on-year gain of 37% while overseas shipments of PET scrap surged 117% to 28 600 tonnes, according to...
‘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. ‘...
Now at 'a record high', imports are said to account for 25% of the EU market and climbed 9% in the second half of 2016. Chinese steel imports 'are being replaced by those from other countries',...
December began like a breath of fresh air for the European plastic scrap market. Whereas November had been sluggish in terms of demand and prices, the final month of 2016 produced a jump in values...
From solid start to state of flux Ferrous scrap prices remained on higher ground in the early weeks of 2017, gaining around US$ 15 per tonne over the levels quoted in our late-November report. But...
According to data from the Census Bureau and International Trade Commission, leading buyer Turkey slashed its US ferrous scrap purchases by more than 21% - from 3.961 million tonnes in 2015 to 3.123...
The 'foreign waste' smuggling activities of concern to the Chinese authorities cover, for example, industrial, electronic, household and plastic waste. As part of this clampdown, Chinese customs...
Improving demand for capital goods ‘should support activity in most sectors’, with export-oriented segments expected to benefit from strengthening international trade. Total production...
Expectations had been of a ‘very strong’ first quarter in Asia but, instead, softness has afflicted prices of chrome and ferrous scrap. A number of buyers had built their scrap stocks...
China’s steelmaking capacity closures have been ‘more aggressive than anyone may have anticipated’ and have included the move to close all induction furnaces, said to represent an...
The Asia Pacific region is expected to be dominant in the global market throughout the forecast period 2016-2024. For instance, analysts anticipate that China alone will make a contribution of over...
Recovered from the non-metallic waste fraction of end-of-life vehicles, the Axpoly r-ABS resins are claimed to deliver a carbon footprint saving of two-thirds when compared with virgin ABS made from...
Following on from the upbeat end to last year, 2017 began with some turbulence. Steel scrap prices climbed by between US$ 25 and US$ 30 per tonne and there was also an escalation in ferrochrome...
LME cash prices are at the following per-tonne levels (the corresponding figures from our non-ferrous metals report at the end of November are given in brackets): aluminium US$ 1800 (US$ 1765);...
In China, meanwhile, industry is having to adapt to ever-stricter rules which are partly behind the announcement from the country’s biggest zinc smelter that it is to cut production. In late...
In October last year, the most recent month for which figures are available, US scrap plastics exports totalled 365.65 million pounds (166 000 tonnes) for a 3.1% increase over September. However,...

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