Novelis, one of the world’s largest buyers of recovered aluminum, continues to increase its consumption of the material.
Novelis, one of the world’s largest buyers of recovered aluminum, continues to increase its consumption of the material.
ECS Refining, one of the nation’s largest e-scrap processors, filed for Chapter 11 bankruptcy last week. But the move appears to be driven more by an ownership struggle than bottom line issues.
Chinese authorities plan to halt imports of more scrap categories by the end of the year, including post-industrial scrap plastic and a variety of scrap metals. The country also announced a list of even more imports it will ban by the end of 2019.
A Nespresso-backed recycling program for single-use aluminum coffee capsules has moved from the ‘burbs to the big city in British Columbia.
After wounding U.S. exports of scrap paper and plastics, China is now preparing to cripple recovered aluminum shipments. This time, the justification isn’t environmental protection but tariff retaliation.
Steel and aluminum imports have been singled out by the White House, and though plenty of questions linger about the development, prices for recyclables could jump in the short term.
As we enter 2018, the market for most grades of curbside recyclables remains unchanged, although aluminum prices have seen a recent uptick.
Credit: somsak suwanput/Shutterstock
Aluminum and magnesium recycling company Real Alloy will shutter its Wisconsin facility as part of continuing efforts to improve efficiencies.
