Aluminium beverage cans already close to the future EU Circular Economy recycling targets.
Non-ferrous metals
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Novelis today reported net income of $307 million for the second quarter of fiscal year 2018, compared to a net loss of $89 million in the prior year period. Excluding tax-affected special items in both years, the company reported net income of $78 million in the second quarter of fiscal 2018, up from $60 million reported in the second quarter of fiscal 2017.
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The International Copper Study Group released preliminary data for July 2017 world copper supply and demand in its October 2017 Copper Bulletin. The Bulletin is available for sale.
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The economic environment of the European Copper Alloy Ingot Makers Industry did not changed essentially compared to the previous year. In the current year a little increase is expected compared to 2016. Herein the positive economic trend in Europe gives the sales a push.
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India’s demand for secondary aluminium will increase by 8-10% per year, mainly boosted by the country’s rapidly-growing automotive industry, according to Akshay Agarwal.
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India ranks as the world’s number one importer and consumer of stainless steel scrap not only because of the amount of stainless steel produced in India (it is second only to China) but also because of the very high proportion of scrap to primary use in its production mix, it was underlined at the latest meeting of the BIR Stainless Steel & Special Alloys Committee.
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The International Lead and Zinc Study Group (ILZSG) released preliminary data for world lead and zinc supply and demand during the first eight months of 2017. A brief summary is listed in the tables below. Full details are available in the October 2017 edition of the Group’s 77 page ‘Lead and Zinc Statistics’ Bulletin.
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Expert panel of guest speakers give insight into the present and future challenges of the global non-ferrous metals business from an Indian perspective.
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In 2016, the European Union recycled 47 percent of all beverage cartons placed on the market, or some 430.000 tonnes, according to the latest industry figures gathered by ACE, the Alliance for Beverage Cartons and the Environment.
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Consolidated sales in the first six months of 2017 came to €218.3 million, up 30% on the level posted in the same period of 2016, chiefly as a result of higher lead and zinc prices.
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MSS, Inc., the optical sorter division of CP Group, introduces MetalMiner, the next generation of induction-based true all-metal detectors.
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