News

Aluminium prices driven higher by global supply squeeze

Global aluminium prices are being driven higher by a rare squeeze on supply, rising demand and US President Donald Trump’s tariffs, with analysts predicting the situation will get worse in the coming ...
Shanghai Metals Market

Aluminum Scrap Prices Fluctuate at Highs, ADC12 Driven by Costs Unlikely to Fall in the Short Term [SMM Cast Aluminum Alloy Morning Comment]

Futures: The most-traded cast aluminum alloy AD2511 contract opened at 20,460 yuan/mt overnight, hit a high of 20,560 yuan/mt and a low of 20,405 yuan/mt, and closed at 20,515 yuan/mt, up 35 yuan/mt ...

EU aluminium producers push for 30% scrap export levy

The European Union's aluminium sector is urging the European Commission to impose duties of around 30% on exports of scrap ...
Shanghai Metals Market

Aluminum Price Sees Slight Correction, ADC12 Fluctuates at Highs in Short Term, Focus on Raw Material Supply and Demand Recovery Progress [SMM Cast Aluminum Alloy Morning Comment]

Basis Report: According to SMM data, on September 15, the SMM ADC12 spot price had a theoretical premium of 510 yuan/mt over the closing price of the most-traded cast aluminum alloy contract (AD2511) ...
Yahoo Finance

Greenwave's Margins Expand as Scrap Metal Prices Surge Ahead of Steel and Aluminum Import Tariffs Taking Effect March 12, 2025

CHESAPEAKE, Va., March 10, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that its margins have expanded significantly due to ...
Yakima Herald-Republic

Aluminum Can Prices: Get the Most From Recycling

Want to make some extra money from your trash? Yes, you can do that! Recycling centers and scrap yards all over the country (and beyond) will pay you for discarded aluminum cans. Here’s everything you ...