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Novelis Posted Robust Surge in Q4 Financial Metrics

The Q4 net sales declined 7% to $4.1 billion for the fourth quarter of fiscal year 2024.

6th May, 2024: Scrap Gold, Silver and Platinum Prices Unchanged on Index

In the Hallmarked category, the 14 carat gold scrap prices remained unchanged at $ 1,298.80 per Oz.

Goldman Sachs Boosted Year-End Price Forecast for LME Copper

This would roughly correspond to a price of $5.40 per lb and $6.75 per lb in 2024 and 2025 respectively.

Global Recycled Plastics Market to Surpass $58 Billion by 2030

Based on process, the report segments the market into two types- mechanical and chemical.

The First New US Aluminum Plant in Decades Plans Big Emissions Cuts

If Century Aluminum succeeds in finding the clean energy it needs, it could help catalyze changes in other industrial sectors such as steelmaking.

Bill Gates-Backed Startup Opens its First Innovative Steel Production Plant

The steel industry has been shifting to greener practices.

Timber Industry Warns Plummer Mill Closure Has Grave Implications

Miller and Dunham worry that if closures are widespread, the regional industry could falter.

Gold Price Loses its Recovery Momentum Amid the Renewed US Dollar Demand

Furthermore, strong central bank purchases and demand from Asian markets remain to support the precious metal in the near term.

EU Clears $14.9 Bln Purchase of U.S. Steel by Japan's Nippon

The acquisition of U.S. Steel will help Nippon, the world's fourth-largest steel maker, move toward 100 million metric tons of global crude steel capacity.

ISB Global Targets North America with US Launch of Waste and Recycling One

WR1 delivers immediate benefits for waste management operators. It replaces outdated legacy systems that are a barrier to efficiency without the need to integrate new software into existing tech stacks.

Delos Capital and the Silverfern Group Complete the Sale of Pioneer Recycling Services, LLC to Waste Connections

Pioneer’s recycling centers focus on providing reliable environmental services and solutions for commercial, industrial, municipal, and residential customers.

United States Scrap Metal Prices

Lead-Solid Lead	0.70$US/Lb
Lead Wheel Weights	0.24$US/Lb
Scrap Auto Batteries	0.22$US/Lb
Aluminum Radiators	0.36$US/Lb
MLC Clips	0.73$US/Lb
6061 Extrusions	0.63$US/Lb
UBC	0.71$US/Lb
356 Aluminum Wheels (Clean)	0.72$US/Lb