Metal Recycling
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Despite the challenges, the aluminium sector in the Middle East is expected to witness steady growth in the coming years.
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Bahrain exports surge 12% in final quarter of 2020 buoyed by thriving manufacturing sector; Unwrought aluminium alloys emerged as the top products exported from Bahrain during last quarter 2020.
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Dhawal Shah, Director at Metco Marketing (India) and Vice-President (Nonferrous), MRAI, sat down with Swaliha Shanavas to discuss the state of the metals recycling sector in India, Covid-19’s business impact and the industry’s response amidst this uncertainty, policy and trade issues, business outlook, plus some significant initiatives that could drive future business growth.
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Every year, more than 30 million tonnes of aluminium scrap is recycled globally, ensuring its status as one of the most recycled materials on the planet, says the IAI.
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The updated guidelines for the implementation of brass, copper and aluminum “Recycled Raw Materials” standards will be applied starting November 1, 2020.
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The Statistics Advisor of the BIR Ferrous Division presents a summary of the main findings in the Jan-June 2020 update of the 11th edition of ‘World Steel Recycling in Figures’.
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European Aluminium welcomes move and urges European Commission (EC) to follow through with appropriate measures to minimise harmful effects of unfairly priced imports.
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COVID-19 has been devastating but some light can now be seen at the end of the tunnel, says the world recycling association in its global markets update.
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The BIR Ferrous Board recently announced the publication of the 11th edition of “World Steel Recycling in Figures”.
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Business life made tougher by trading tensions and policy changes, report highlights
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Like most other industries, the recycling industry has been confronting tremendous change with 2018 bringing in significant shifts in market trends due to various factors.
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This year the aluminium market is witnessing rapid change due to rapid geopolitical changes. The trade war between China and the United States (US) has affected the entire primary market fundamentals.
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We attempt to provide some thoughts on the performance of the metals recycling sector, and the current and potential impacts of the recently enacted regulations in China including scrap imports and VAT introduced in the region, metal recycling companies. Swaliha Shanavas writes.
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New company becomes a major player in nonferrous market
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The recycling industry is one of the major contributors to economic growth globally, and the cross-border trade of recyclable materials, often referred to as ‘waste’, has seen a remarkable growth over the years
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The Middle East region has long since established itself as a hub for scrap metal recycling and trading. The region’s metals recycling industry, as all other industries worldwide, has had its ups and downs in recent years, but had been performing better than most countries globally due to its strategic positioning at the crossroads between the east and west, plus the major developmental projects underway in the Middle East and its main markets, India and China.