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Metal Industry News
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Cambridge spinoff recycles laminate containers |
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May 29, 2009.
A UK-based company has developed a recycling technique to extract high-quality metals, oils and gases from plastic and aluminium laminate containers. Enval LLC a spinoff company from Cambridge University has raised Series A funding to help it advance to an industrial level service. ... more
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Global aluminium output expected to fall |
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May 27, 2009.
China is the world's No. 1 producer of aluminium, accounting for one-third of both world production and world consumption of primary aluminium, according to a report by UK minerals and metals research firm Roskill Information Services. ... more
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OmniSource cuts more than 200 jobs |
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May 12, 2009.
United States | A review of company procedures has led to the cutting of 209 jobs at US scrap metal processor OmniSource. Since some work is now being done more efficiently and some steps have been eliminated, ‘it is not our intention to replace these positions after demand for scrap metal rebounds’, the company’s President and Chief Operating Officer Mark Millett has told a local newspaper. ... more
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CMA signs agreement with Worthington |
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May 14, 2009.
Australia / United States | Australian metal recycling group CMA Corporation has entered into a long-term strategic business relationship with US-based steel group Worthington Industries - a global company that processes steel for use in the automotive, construction, hardware and aerospace industries.
Under the terms of the agreement, Worthington will provide CMA Recycling with approximately 4000 tonnes of ferrous scrap each month for recycling at its Meretec recycling facility in East Chicago. The Meretec de-zincing process safely removes and captures the zinc coating from galvanised scrap and produces a clean black scrap - or so-called Meretec Meltstock - which CMA delivers to foundries. ... more
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Best practice update for aircraft recyclers |
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May 15, 2009.
France | The France-based Aircraft Fleet Recycling Association (AFRA) has updated its best management practice guide which it describes as ‘the industry standard’ for the disassembly of aircraft engines and frames. The document collates best practice recommendations for the management of parts removed from aircraft during the disassembly process. ... more
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UK yard to process nuclear scrap |
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May 11, 2009.
United Kingdom | A £6 million (US$ 9 million) recycling plant at Lillyhall, Workington, in north-west England has become the UK’s first new nuclear-licensed site for 20 years, according to Swedish operator Studsvik. ... more
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KME takes 30% stake in Sigimet |
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May 08, 2009.
Italy | KME Group SpA of Italy, one of Europe’s leading copper producers, is set to secure its second stake this year in a metals trader as part of its diversification into the scrap metals business. KME has agreed to buy 30% of Italian ferrous and non-ferrous metals trader Sigimet SpA for Euro 1.8 million (US$ 2.41 million) with an option to purchase another 21% within three years.
Luciano Parolai, Chairman of the KME Recycle holding company set up to oversee the new scrap business, says more acquisitions can be expected this year. ‘We do not plan to make other acquistions in Italy,’ he has told the Reuters news agency. ‘At the same time, we are in talks with companies in other European countries with a goal to create a network of European companies which do the same recycling business.’ ... more
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‘Ethical’ ship recycling initiative |
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May 06, 2009.
Singapore | Italy-based Siba Ships and Seaarland Shipping Management of the Netherlands are the inaugural investors in the US$ 300 million Green Recycling Initiative (GRI) which aims to integrate ‘the needs of ship owners to recycle ships in a more environmentally-friendly manner and the needs of steel producers to be able to produce ethically-sourced steel’.
Run by Pearl Minerals and Metals Ltd of Australia, the GRI is a Singapore-based company specifically formed to buy and recycle ships and to trade steel scrap on a global basis. It will seek up to 150 investors from the ship-owning and steelmaking industries, and establish a fund to buy around 120 bulk carriers during 2009 and 2010. These will be recycled at established, environmentally-friendly yards until the GRI opens its own recycling facility. ... more
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IMO members to adopt new ship recycling convention |
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May 11, 2009.
China | The International Maritime Organization (IMO) began a diplomatic conference in Hong Kong on Monday to discuss the draft text of a new international convention on ship recycling.
Speaking at the opening ceremony, IMO Secretary-General Efthimios Mitropoulos said the draft International Convention for the Safe and Environmentally Sound Recycling of Ships was expected to be adopted by member states and regions of the IMO at the end of the five-day conference. ... more
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China top ship breaker joins hands with Shaoguan Steel |
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April 22, 2009.
The largest ship-breaking company of China, Xinhui Shuangshui Ship-Breaking & Steel Co Ltd has signed a strategic cooperation agreement fellow Chinese steelmaker with Shaoguan Iron & Steel Group Co Ltd indicating that they began their mutualism. ... more
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Car scrapping scheme for the United Kingdom |
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April 23, 2009.
UK chancellor of the exchequer Alistair Darling unveiled a list of new measures on Wednesday (22 April) as part of the government's budget designed to simultaneously claw back taxes and boost the economy. One of the budget's headline features is a new £2,000 (€2,227) car-scrapping scheme available to citizens who trade in cars over 10 years old and purchase new ones. ... more
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Suzutoku to start new recycle factory |
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April 15, 2009.
Japan | The major ferrous metal scrap dealer in Japan, Suzutoku, has planned to start its new recycle factory's operation since April 13th.
The construction of this new factory has been completed and Suzutoku has spent about ￥3 billion for the construction project.
Suzutoku’s new factory is located in Tokyo Bay's Shinkiba Koto area; the operation of this new recycle factory indicates that Suzutoku is going has closed its Tokyo factory.
The company is japan's largest recycling group, comprising 8 facilities in the Tokyo area. ... more
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Legislation sets out UK battery-recycling rules |
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April 15, 2009.
The Parliament in the United Kingdom has been presented with new legislation regarding the collection, treatment and recycling of waste batteries and accumulators in the UK.
The Waste Batteries and Accumulators Regulations 2009 legislation, introduced on Tuesday, requires anyone placing batteries on the market to register as a producer of batteries and report on waste batteries collected and sent for recycling, and lays out requirements for the treatment and recycling of waste batteries. ... more
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South Korea next to introduce scrapping scheme |
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April 13, 2009.
Being one of Asia’s main car manufacturing country’s, South Korea has finalized plans to support its troubled auto industry. The new regulations are highlighted by a massive tax cut and financial support, despite criticism over a lack of self-rescue restructuring efforts by carmakers. ... more
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BIR Stainless Steel Mirror March 2009 |
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April 14, 2009.
The following article is based on the latest Non-Ferrous World Mirror produced by the BIR world recycling body for the benefit of its members.
Global stainless steel production is expected to follow up a decline of 8% in 2008 with a further drop of 15-20% in the current year. Therefore, having totalled 26 million tonnes last year, world output is predicted to slide to between 21 and 22 million tonnes in 2009. Production cuts began to bite in the fourth quarter of 2008, during which period world stainless steel production struggled to just 4.2 million tonnes.
Low levels of demand for stainless steel scrap are being counter-balanced by a sharp reduction in availability, not least because of a collapse in manufacturing and demolition activity in the wake of the world economic crisis. Overall, availability is expected to drop 20-30% from the 2008 figure of approximately 7.5 million tonnes.
The value of nickel has slumped more than 70% in the past 12 months and LME stocks now exceed 100 000 tonnes. Other metal markets have suffered too: low consumption levels have driven ferro-chrome prices from US$ 2.80 per lb in October 2008 to around US$ 0.70-0.80 per lb, while molybdenum prices have plummeted from US$ 30 per lb to nearer US$ 8 per lb over the same six-month period.
... more
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Germany extends car-scrapping incentive |
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April 09, 2009.
Germany | The German government is to expand funding for a popular car-scrapping bonus that has given auto sales a powerful boost, more than tripling the amount of money it originally set aside.
The Cabinet was set to approve the move yesterday after Chancellor Angela Merkel and top ministers agreed to cap funding for the program at 5 billion euros ($6.7 billion) - up from the 1.5 billion euros originally set aside.
"In view of the strong demand ... the volume will be expanded," Merkel's spokesman, Ulrich Wilhelm, said Tuesday night. He said the new funding level would cover 2 million cars, compared with 600,000 previously. ... more
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Russia to remove scrap copper import duty |
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April 08, 2009.
The Russian government's committee on protective measures in foreign trade and customs and taxes policy has recommended removing the import duty on scrap copper for nine months in order to provide raw materials base for Russian copper manufacturing. ... more
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Cartakeback to underpin Citroën’s UK scrappage scheme |
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April 08, 2009.
As the exclusively approved end of life vehicle service provider to CITROËN within the United Kingdom, recycler Cartakeback.com teams up with Frechn car manufacturer Citroën to develop a £2000 cashback scrappage scheme. This was launched this month in advance of the possible Government Scrappage Incentive Scheme.
... more
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Radioactive elements found in Chinese steel |
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March 31, 2009.
A missing radioactive component from a nuclear scale has been melted in a smelter in northwest China's Shaanxi Province, the Chinese government says to state news agency Xinhua.
A lead ball, containing Caesium-137, was lost when workers disassembled a 53-year-old production facility at the Shaanxi Qinling Cement Co. in Tongchuan City for failing to meet environmental protection standards, according to the information office of Tongchuan City.
... more
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Ukrainian company buying large scrap processor |
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April 07, 2009.
The Ukranian-based steel pipe and railway wheel producer Interpipe Group has acquired 95.95% of the OJSC Dnepropetrovsk Vtormet shares, the one of the largest scrap metal processing plants in Ukraine.
The OJSC Dnepropetrovsk Vtormet is the second largest scrap metal processing plant in Ukraine. The plant’s facilities for metal scrap storage and processing total 950,000 tonnes per year. ... more
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World steel output continue to slide |
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April 06, 2009.
Dismal economic indicators have led customers to buy only as much metal as needed, keeping steel shipments down and output low.
Steel shipments from the United States and Canada have decreased for two consecutive months as continued economic uncertainty kept customers from buying more than absolutely necessary. ... more
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German steel production cut by a half |
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April 07, 2009.
Steel production in Germany dropped by half in the year up to March, the steepest decline since unification nearly 20 years ago, according to figures released Tuesday. The Federal Statistics Office said German steelworks produced 2.1 million tonnes of raw steel and 1.28 million tonnes of pig iron last month, 49.8% and 50.3% below the levels of March 2008. ... more
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Japanese steel scrap association joins BIR |
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March 31, 2009.
The Japan Iron and Steel Recycling Institute (JISRI) has officially applied for membership of the Brussels-based BIR world recycling body. The new member will be ratified as new member association during the BIR General Assembly on 26 May 2009 in Dubai. ... more
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BIR Non Ferrous Mirror February 2009 |
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March 30, 2009.
The following article is based on the latest Non-Ferrous World Mirror produced by the BIR world recycling body for the benefit of its members. ... more
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India tightens rules on shredded scrap imports |
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March 27, 2009.
Following recent discoveries of radioactive sources in scrap imports, the Indian Director General of Foreign Trade (DGFT) has issued a new notification that makes Pre-shipment Inspection (PSI) mandatory for all shipments of shredded scrap. This concerns bills of lading dated form 23.03.2009 onwards. ... more
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