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European Secondary Aluminium, Prices Resilient Despite The Sharp Fall In The LME
The European secondary aluminium market showed notable resilience, resisting the sharp fall in aluminium prices on the London Metal Exchange. In the week ended Friday June 19, the downward pressure from financial benchmarks failed to transfer significantly into...
Recycled Aluminium, Hydro Calls For A 30% Fee On European Scrap Exports
Norsk Hydro, Europe’s largest aluminium producer, has called for the introduction of a 30% fee on aluminium scrap exports, relaunching one of the most sensitive issues for European industry: the need to retain more secondary raw material within the continent. The...
End-Of-Life Vehicles, Europe Pushes Recycling And Redraws The Metals Supply Chain
The European Parliament has approved the new regulation on end-of-life vehicles, opening a potentially decisive phase for materials recycling in the automotive sector. The vote, held on Thursday June 18 with 437 in favor, 112 against and 20 abstentions, was welcomed...
Italian Scrap, The Market Enters A More Concrete Bearish Phase
The first signs of weakness that emerged in recent days in the Italian scrap market are taking a more defined shape. What initially seemed like a still cautious correction is turning into a more concrete bearish movement, likely to consolidate in the final days of...