Non-ferrous metals

| The non-ferrous metals recycling industry should focus on its strengths of sorting, processing and logistics rather than on trying to second-guess price movements, it was argued by European Metal Recycling’s Murat Bayram at the BIR Non-Ferrous Metals Division meeting in Berlin.

| The UAE Ministry of Economy is discussing possible ways to reduce its export of industrial aluminium, leather and paper waste, so that it may provide raw materials for its own industry.

| According to preliminary International Copper Study Group (ICSG) data, the refined copper market for February 2016 (excluding the adjustment for changes in China’s bonded stocks) showed a small apparent production surplus of around 24,000 metric tonnes (t). When making seasonal adjustments for world refined production and usage, February showed a small production deficit of 23,000 t.

| Novelis reported a net income of $29 million for the fourth quarter of fiscal year 2016. Excluding tax-effected special items, the company reported a net income of $50 million in the fourth quarter of fiscal 2016, a 35 percent increase over the prior year period. For the fiscal year 2016, the company recorded a net loss of $38 million. Excluding tax-effected special items, net income was $131 million for the full year.

| Hydro's underlying earnings before financial items and tax declined to NOK 1,501 million in the first quarter, down from NOK 1,566 million in the fourth quarter of 2015.

| The International Copper Study Group (ICSG) released preliminary data for January 2016 world copper supply and demand in its April 2016 Copper Bulletin.

| According to a recent report by the Alocci RI Group, the prices in March were slightly higher and an increase of prices and volume is expected for April.

| Waste businesses vie for electronic goods to release a small fortune in precious metals

| Novelis has announced the appointment of Sachin Satpute to the position of Senior Vice President, Novelis Inc. and President, Novelis Asia, effective June 1, 2016.

| On March 18, the International Automobile Recycling Congress IARC 2016 in Berlin, Germany, came to an end. More than 220 representatives of the global automotive recycling sector had come together to discuss current political conditions and the latest trends in recycling technology.

| The International Copper Study Group (ICSG) released preliminary data for December 2015 world copper supply and demand in its March 2016 Copper Bulletin.

| During their spring presentation, Apple has introduced the recycling program Apple Renew and a disassembly robot called Liam.

| The International Copper Study Group (ICSG) met in Portugal in March to discuss key issues affecting the global copper market.

| 2015 was not a good year for the non-ferrous metals industry. This fact was the topic of discussion on several occasions, especially at the BIR conference in Prague last autumn. The question constantly asked was: How low can it get? Many suspect that 2016 could bring a new definition of low.