Non-ferrous metals

According to preliminary ICSG data, the refined copper market for September 2016 showed an apparent production deficit of around 15,000 metric tonnes (t).

The company has achieved 53 per cent recycled inputs and 19 per cent reduction in absolute greenhouse gas emissions.

European Aluminium welcomes the European Parliament’s intention to improve compensation for indirect carbon costs through a hybrid model in the ETS vote, but sees danger in the decision to further reduce the maximum national compensation levels allowed.

Hydro and Austin AI want to develop new technologies for the sorting of aluminium alloys.

According to preliminary International Copper Study Group (ICSG) data, the refined copper market for August 2016 showed an apparent production surplus of around 154,000 metric tonnes (t) mainly due to weaker Chinese apparent refined copper demand and seasonally weak usage in other regions.

Samsung’s lack of transparency on the disposal of Galaxy Note 7 leaves tonnes of precious minerals at risk of being discarded into the environment.

At the BIR autumn congress in Amsterdam Alexandra Weibel-Natan of Manco gave at not too optimistic market report for non-ferrous metals.

In a presentation of the non-ferrous metals division at the BIR autumn congress in Amsterdam, ISRI-Chair Mark Lewon gave an overview of the USA scrap market and urged the companies to reinvent themselves.

During their meeting in Lisbon, the Statistical Committee of the International Copper Study Group (ICSG) has developed their forecast for the rest of 2016 and the coming year.

Revenues were up 7% compared to the third quarter last year, reflecting solid growth across the business groups.