Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

World news round-up 19 June 2014

Call for Indian iron ore pellet export duty; Spanish board cartel inquiry extended; more metal missing in Qingdao

Indian trade body 30% export duty on iron ore

The Associated Chambers of Commerce and Industry of India (Assocham) has called on the Minister for Commerce and Industry, Nirmala Sitharaman, to impose 30% export duty on iron ore pellets in interest of the domestic steel industry.

Assocham managing committee member Ravi Wig, who led a delegation, said export of iron pellets from from nil in 2013 to 1.5 million tonnes in the recent fiscal year.

“Presently, iron ore pellet attracts zero duty while the duty on iron ore (lumps and fines) export is 30%, therefore exporters are circumventing iron ore pellets’ exports by paying only 5% export duty,” said a communication to Sitharaman.

Scrap Register

http://bit.ly/1peLRdp

 

Spanish antitrust agency again widens investigations

Spanish antitrust agency CNMC (Comisión Nacional de los Mercados y la Competencia) has again widened its investigations into alleged cartel-building in the Spanish corrugated board industry.

The agency’s move increases the number of companies facing allegations of fixing prices and sharing insider information to 22. The companies stand accused of splitting up the market for corrugated case material, corrugated board and corrugated packaging among themselves.

EUWID Packaging

http://bit.ly/1r5lojJ

 

Over 100,000 tonnes of alumina missing from Qingdao

China’s state-owned Citic Resources has said that 123,466 tonnes of its alumina that was stored at the Qingdao port is missing, stoking concerns about companies with exposure to metal financing at the port.

“The company has been notified that in the enforcement of the sequestration orders obtained by the group, the Qingdao court has been unable to sequester about 123,446 tonnes of alumina which the group has stored at Qingdao port,” chairman Kwok Peter Viem said in a filing with the Hong Kong Exchanges and Clearing.

Metal Bulletin

http://bit.ly/1lCvO9J

US Raw Steel production advances to 1,850,000 net tons

United States domestic raw steel production advanced by 1.4% year-on-year to 1,850,000 tonnesd in the week ended 14 June while the capability utilisation rate was 76.9%, according to the latest figures released by the American Iron and Steel Institute (AISI).

A year ago, AISI said, production was 1,824,000 tonnes in the corresponding week while the capability utilization then was 76.1%.

Scrap Register

http://bit.ly/1qrdmE7

 

New facility for Dolphin Metal Separation

Dolphin Metal Separation has opened its new production facility at Harderwijk in the Netherlands. Founded in 2009, the Dutch company specialises in the separation of non-ferrous metals which occur in the processing of ashes from incineration plants as well as from shredders and demolition debris.

The new facility incorporates a sink-float installation to separate light materials such as aluminium, magnesium and aluminium/iron compounds from heavy materials such as copper, brass, stainless steel and zinc.

Recycling International

http://bit.ly/1lxR4ig

 

Romanians collect 50 times more waste than eight years ago

Romanians collected some 40,000 tonnes of waste in 2013, 50 times more than eight years ago, when they were collecting just 800 tonnes, according to Eco-Rom Ambalaje, the country’s largest local waste management organisation.

Currently, 464 towns and villages in Romania have selective systems for collecting packaging waste from people, compared to just 14 in 2006. About 45% of Romania’s population has access to these service provided by Eco-Rom. Eco-Rom Ambalaje recycled some 2.6 million tonnes of packaging waste in the last ten years, since it started business in Romania, which contributed to saving about 5.2 million tonnes of mineral resources.

Romania-Insider

http://bit.ly/1qbEc0T

 

Mexico strengthens used tyre regime

The Mexican Ministry of Transport and Communications has published a General Waste Law which establishes an obligation on manufacturers, importers, distributors, and generators of used tyres to manage them to national standards.

In accordance with the decree, and with the objective of establishing specific goals and guidelines, the executive branch intends to develop a National Strategy for the Comprehensive Management of Used Tyres. In addition, the decree expressly prohibits the final disposal of used tires in vacant lots, gullies, ravines, drainage and sewage pipes, and bodies of water, among other places.

The decree came into force on 5 June and set a two-year period for the responsible parties to develop and submit management plans to the appropriate local authorities.

Jones Day

http://bit.ly/1iFJvQN

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.