Select Page

Metal industry news from Metal Stockists – Metalex

The remarkable and fast-changing world of metals delivers a constant stream of fascinating news. Here’s some of the best from recent weeks.

Metal industry news from Metal Stockists – Metalex

The remarkable and fast-changing world of metals delivers a constant stream of fascinating news. Here’s some of the best from recent weeks.

Metal industry news from your expert local metal stockists.

The remarkable and fast-changing world of metals delivers a constant stream of fascinating news. Here’s some of the best from recent weeks.

Aluminium industry news that will affect metal stockists and buyers – Russian aluminium losses.

As expert aluminium extrusion suppliers we like to keep a finger on the aluminium industry pulse. The latest? The huge Russian aluminium firm Rusal has announced that the dramatic drop in the price of the metal in 2015 has knocked its profits for six. At the same time it’s optimistic about 2016, predicting a hike in demand this year. Rusal expects 5.7% hike in global aluminium demand through this year, thanks to growing demand in the USA, EU and Asia. And they expect Chinese growth to remain strong.

In late 2015 the aluminium price fell to a six year low, with 300,000 tons of spare supply dramatically exceeding demand, in part thanks to a surge in Chinese aluminium production. The EU’s Chamber of Commerce is concerned about China’s metals overcapacity in general, which it says could lead to “far reaching” damage to the world’s economy.

Where there’s muck there’s… brass industry news!

The city of Jamnagar, on the west coast of India in the state of Gujarat, is home to a dramatic expansion in the local brass industry. The parts-based sector, which only experienced nominal rates of growth until recently, is taking off fast in a turnaround that’s taking locals by surprise.

Until recently exports accounted for less than 10% of the brass industry’s total turnover, most of which was sold in Africa. Now they’re seeing a flurry of orders from the USA, Asia and Europe, and the export rate has rocketed to at least 20%.

The reason? It appears that real estate and electronics have led to the increase in demand for brass parts in the EU, which are cheaper in India than they are locally, sometimes as much as 30% less, simply because labour costs are so much higher in the EU. While the Indian domestic market for brass products is on the wane, foreign exports are outweighing the drop.

If you’re looking for expert British brass sheet suppliers, walk this way…

Stainless steel price crisis affects recycling

As steel suppliers in the UK we’ve been watching the world steel price rise for the last couple of months. They plummeted to their lowest level for over ten years at the end of 2015, thanks to record-breaking Chinese exports and a resulting steel supply glut. Now the steel price slow-down seems to have stopped, although so far experts say it’s supply-driven rather than a solid trend.

At the same time it looks like steel supply and demand in China are dropping, and Chinese steel suppliers are predicted to cut the price of experts further as domestic consumption remains weak. Some steel stockists and manufacturers are expected to offer the metal at low margins, even below the cost price, in an effort to get orders. Obviously the situation isn’t sustainable for more than the short term, after which facilities might be forced to scale down or close altogether.

Recycling rates for the essential autocatalyst metals, platinum and palladium, have also suffered as a result. With steel prices forecast to suffer through 2016 by many, the platinum group catalyst recovery rate is predicted to fall, with more cars stockpiled by recyclers until the steel price rises.

Of course we are only metal stockists. If you are interested to keep up with metal industry news from the professionals you can check out AMM for a US perspective on the global market.

More metal industry news from your metal stockists next time

Come back next time for more news and views from the UK metal supply experts, Metalex.

Please complete the enquiry form located on this page, call +44 (0) 330 223 2653 or email us to discover how Metalex could be supplying you with premium metal products and professional metal processing services.


The state of British steel, metal asteroids, LME chaos and more

Welcome to 2023, which is already looking turbulent.  The nation’s steel industry is still in a state of perma-crisis, there’s trouble brewing at the London Metals Exchange, and people are doing crazy things with dangerous loads of metal. But we’re keeping calm and...

High-polluting US aluminium, Cumbria coal mine lies, good recycling news

In a week where the USA’s ageing aluminium plants have been slammed for emitting more PFCs per ton of the metal than other countries, there’s plenty of metals supply news to showcase.In a week where the USA’s ageing aluminium plants have been slammed for emitting more...

Aluminium supply special – Anti-dumping issues, bankruptcy and more

2014 aluminium round bar, 6082 aluminium square bar, 7075 aluminium plate and more... we’re still selling it, and our customers are keen to buy it. But there’s trouble in the world’s aluminium supply sector. In our aluminium supply special we’ll take a look at a...

Russia metal supply headaches, seaweed batteries, eye-watering steel prices

It’s interesting to see two tricky problems hitting the metals supply world particularly hard. Russia’s war on Ukraine is having unexpected consequences for steel and aluminium, and tough climate change goals are shaping the future of metals as well as the products...

Rusal scandal, radiation-proof aluminium alloy, amazing batteries

There’s a scandal erupting over Rusal and the LME; new aluminium alloy brings space travel a tad closer; batteries are about to be taken to an exciting new place; aluminium is finding its way into drinking water and there's more trouble for UK steel. It’s all go as...

Aluminium special – Rusal threats, raw aluminium market fears and more

To say it’s up and down in the world of aluminium at the moment may be a little bit of an understatement. The energy crisis is affecting supply and demand in surprising ways; Rusal are driving uncertainty about uncertainty; Raw Aluminium orders are down in the US;...

It’s madness in the world of metal supply – But we’ve got your back!

The energy price crisis, Russia’s war on Ukraine, a looming shortage of crucial metals... it’s all go out there. As trusted metal supplies experts, we’re weathering the storm. Whatever happens we’ll bring all of our considerable expertise into play to source the metal...

Smelters shut up shop, Novelis refuses Russian aluminium & Honda secures metals supply.

The war in Ukraine carries on, the economy is tanking, energy prices are rocketing and we’re headed for an almighty recession but what’s happening in the world of metal supply? Let’s explore some stories about metal innovation and discovery and the latest metals news,...

Asteroid fail, copper-jawed mini monster, lithium-ion gets a boost

Japan bombed an asteroid... and nothing happened. Old-school copper wiring is enjoying a speed boost thanks to cool science. Copper-rich bloodworm jaws build themselves, and the process is completely amazing. Plus - electric car charging might be about to become a lot...

Robots inside you, sensitive robotic hand, fibre-optic spying and more

As aluminium suppliers we’re always interested to hear weird science stories about the metal. As popular steel suppliers in the UK, we like tall steel tales just as much. As the summer holidays rumble on, we’ve discovered a bunch of fascinating metal-inspired stories...

Accreditations & Associations

Aluminium Stockholders Association

Quick Enquiry

Leave this field blank

0330 223 2653