Latest BIR World Mirror on Non-Ferrous Metals Released

The U.S. tariffs have pushed up aluminum scrap prices in India.

SEATTLE (Scrap Monster): The May 2025 edition of World Mirror on Non-Ferrous Metals was published, according to a statement from the Bureau of International Recycling (BIR). According to the report, recyclers worldwide must deal with the knock-on impacts of tariff uncertainty.

India's costs for aluminum scrap have increased as a result of U.S. tariffs. Shipments from the UAE to India have significantly decreased. Higher grade scrap from the UAE continued to flow steadily to the USA and the EU.

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The metal flows from the manufacturing sector reported slowdown in Canada, as drop in U.S. business continue to hit production levels. The tariff concerns led to decline in buying activity in early April this year in Canada. Meanwhile, certain scrap items such as Taint Tabor and extrusion scrap witnessed rebound in buyer interest, BIR report noted. The copper pricing and spreads remained extremely volatile in the U.S.

Malaysia’s Port Klang has seen limited movements in recent months. The market across Australia and New Zealand continued to remain subdued, with merchants faced with supply tightness and narrowing margins. In the European region, Portugal and Spain are seen witnessing severe shortages of material. In contrast, several of the UK yards have been reporting healthy volumes, BIR said.

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