Latest News

At the most recent ReMA Nonferrous Division meeting in Portland, Oregon on October 17, division members discussed the need to re-write a large number of specifications and make them more easily accessible on the ReMA website. As the global scrap marketplace continues to evolve, market participants from around the world are increasingly looking to ISRI’s...

China’s Solid Waste and Chemicals Management Center recently announced the 13th batch of scrap import quotas for the 4th quarter of 2019, including 57,365 tons of copper scrap, 44,935 tons on aluminum scrap, 405,890 tons of scrap paper, and 610 tons of ferrous scrap. According to the CMRA’s summary, the copper scrap import quotas include...

U.S. nonferrous scrap metal exports reportedly improved in August, with aluminum and copper scrap exports up 9% and 8%, respectively, as compared to the July volumes. For U.S. copper scrap exporters, Malaysia continues to be the major export destination this year, with Jan-Aug 2019 shipments up nearly 165 percent year-on-year to more than 148,000 metric...

At the London Metal Exchange, nickel prices have outperformed the other base metals so far this year, rising 57 percent through late October, followed by rising lead (+10.6% YTD) and zinc (+3% YTD) prices. However, as compared to earlier in the year when nickel prices were up more than 70 percent, primary nickel prices have...

The global nonferrous scrap marketplace continues to change quickly as market participants adapt to China’s evolving role in the market and as new market participants enter the fray. As the nonferrous scrap industry continues to react to changing global market conditions, our trade association is playing an increasing important role. ReMA remains at the forefront...