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IAI halts monthly reporting of global aluminum inventory

The International Aluminum Institute (IAI) has stopped reporting of global monthly inventory data for aluminum . According to the industry body, the stock figures that it receive from global smelters have become incomplete, thereby making the monthly reporting inaccurate. Industry experts termed ...

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US exports of recovered paper and aluminum scrap dropped during Sep ‘14

According to latest trade statistics, the exports of recovered paper andaluminum scrap by the US declined during the initial nine-month period of the year. Also, exports of ferrous scrap declined during the period. However, the scrap plastic exports during the three ...

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Chinese ferrous scrap industry keenly awaits reintroduction of VAT rebate

The Chinese ferrous scrap processors are reported to be eagerly awaiting a positive signal from the authorities to reinstate the Value Added Tax (VAT) rebate on scrap sales, although majority of them are still not hopeful of a favorable action. ...

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China Scrap group calls for rebate on 17% tax on steel scrap sales

The China Association of Metal Scrap Utilization (CAMU) has urged the Chinese National Development and Reform Commission (NDRC) to lower the tax rate on steel scrap sales. Beijing had cancelled the 70% rebate on 17% VAT for steel scrap recyclers ...

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US Ferrous scrap exports plunged 23.5% during H1 2014

The ferrous scrap exports from the US declined sharply during the initial six months of the year. The aluminum scrap exports too declined sharply during the period. However, plastic scrap exports rebounded from the lows witnessed during imposition of Green Fence regulations ...

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North American Aluminum scrap prices rise marginally

The North American Aluminum scrap prices ended marginally higher on ScrapMonster Price Index as on July 8th, Tuesday. 1100 Scrap prices moved higher by $0.01 per Lb. The prices of 3003 Scrap too increased $0.01 per Lb. A similar up move of ...

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North American Aluminum scrap prices edged higher

The North American Aluminum scrap prices ended marginally higher on ScrapMonster Price Index as on June 9th, Monday. 1100 Scrap prices moved higher by $0.01 per Lb. The prices of 3003 Scrap too increased $0.01 per Lb. A similar up move of ...

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