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.
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.
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.
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%.
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.
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.
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.