Aluminium
Aluminium

EUROFER, European Aluminium call for curbs on scrap exports

European Aluminium and EUROFER, representing the aluminium and steel value chains in Europe, have urged the European Commission to take immediate measures to address the growing issue of scrap leakage. The associations emphasised that the unchecked export of aluminium and ferrous scrap is undermining the EU’s green transition, strategic autonomy, and circular economy objectives. Why […]

aluminium
Aluminium

India: Imported aluminium scrap prices edge down w-o-w ahead of Diwali

Imported aluminium scrap prices in India remained rangebound with slight downfall in prices w-o-w. Although buying interest was weak, bid-offer disparity was seen despite rangebound levels in LME aluminium prices. BigMint’s benchmark assessment for tense scrap originating from the UAE was at $1,770/t, slightly lower w-o-w, and for zorba 95/5 from the UK at $2,070/t, both […]

inter steel bd aluminium india
Aluminium

Weekly round-up: Global, domestic base metals markets witness positive trends

At the close of trading on Friday, 27 September 2024, base metals prices on the London Metal Exchange (LME) showed positive trends barring copper. Nickel recorded the largest gain in terms of prices, increasing by 5.86%. Meanwhile, LME warehouse stocks exhibited negative trends, except nickel which rose 1.26%. On the LME, three-month aluminium futures increased […]