Scrap

The non-ferrous scrap metal market is set to grow from $112 billion in 2026 to $142 billion by 2035, with a strong focus on recycling due to its environmental benefits and the rising demand from industries like automotive and electronics. >>

The EU Commission is reviewing MMG's $500M purchase of Anglo American's nickel operations in Brazil, citing competition concerns in the low-carbon ferronickel market crucial for stainless steel production. This deal has also faced opposition from the U.S. due to fears over China's growing influence in global mining. >>

The EU Commission plans to ban aluminum scrap exports to non-OECD countries by 2026, aiming to control waste leakage and ensure environmental compliance, with some exceptions for EU candidate countries. >>

Thyssenkrupp invests $100M in Destiny Copper, a Canadian company at Thorold Hub, to support the Royal Canadian Navy with 12 new submarines by enhancing anti-barnacle marine paint. >>

Voya Energy raised $35M to advance a clean energy system that converts scrap aluminum into electricity, targeting large-scale users like data centers with a compact, emissions-free solution. >>

Alvance British Aluminium invests £400K in hydro power to enhance the sustainability and reliability of its Lochaber Smelter, focusing on long-term operational resilience through systematic maintenance and strategic upgrades. >>