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Pile of steel scrap in the harbour with material handler

Alba SE increases 2021 revenues by nearly half thanks to high scrap metals prices

EBIT and post-tax earnings swing back to positive territory

Pile of steel scrap in the harbour with material handler
11 May 2022
|
Published in issue 10/2022
|
Tom Wilfer
|
~ 3 min
German recycling and waste management group Alba SE booked a turnover of €377.6m last year. This was up by around 46 per cent, driven primarily by higher scrap prices, according to the group’s annual report. Thanks to a favourable...
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Business
Small e-scrap in a skip

High scrap metal prices boost revenues for WEEE recyclers in Germany

Small e-scrap in a skip
06 May 2022
|
Published in issue 10/2022
|
Tom Wilfer
|
~ 4 min
The market for waste electrical and electronic equipment (WEEE) in Germany is currently shaped mainly by the very high prices for ferrous scrap and non-ferrous scrap, such as copper and aluminium. As a result, the revenue...
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"M & A" as white font on wooden table

Arcelor Mittal plans to acquire Alba subsidiaries in Germany

"M & A" as white font on wooden table
05 May 2022
|
Published in issue 10/2022
|
Tom Wilfer
|
~ 4 min
Steelmaker Arcelor Mittal plans to acquire three German subsidiaries of Alba Group. Specifically, it wants to acquire all shares in and full control over Alba Metall Süd Franken GmbH, Alba Metall Süd Rhein-Main GmbH and Alba...
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Business
Anders Jansson, CEO of Stena Metall

Further sales and earnings growth for Stena Metall in first financial half

Second "green bond" / New plastics recycling capacities

Anders Jansson, CEO of Stena Metall
04 May 2022
|
Published in issue 9/2022
|
Eva Riebeling
|
~ 5 min
Stena Metall’s recycling and waste management activities have continued their positive development, as has the group as a whole. In its interim report released in late April, the Swedish company reported strong growth in turnover...
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Used lead acid batteries piled in a collection bin

Campine wants to acquire two Recylex sites

Used lead acid batteries piled in a collection bin
25 April 2022
|
Published in issue 9/2022
|
Eva Riebeling
|
~ 2 min
Secondary lead producer Campine has submitted a binding offer for two battery recycling sites owned by French firm Recylex as well as the Recylex subsidiary C2P. In mid-April, owing to its ongoing financial difficulties, Recylex...
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EU flags in front of the European Commission building

EU Commission launches effort to develop end-of-waste criteria for further waste streams

EU flags in front of the European Commission building
19 April 2022
|
Published in issue 8/2022
|
Eva Riebeling
|
~ 3 min
The European Commission has drawn up a priority list of waste streams for which it intends to develop EU-wide end-of-waste (EoW) criteria. At the top of the list are several types of plastic waste, followed by used textiles....
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Policy
Container ship leaves ports with cranes in the background

Errors in autumn update of EU waste shipment rules corrected

Container ship leaves ports with cranes in the background
18 April 2022
|
Published in issue 8/2022
|
Eva Riebeling
|
~ 1 min
A series of corrections to the rules governing green-list waste shipments for recovery to non-OECD countries were published in the Official Journal of the European Union and entered into effect at the start of April. The new...
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Policy
Grabber claw in front of a pile of ferrous scrap

After latest price increases, steelscrap industry prepares for downturn

March's boom could soon be followed by "swift and intense" correction

Grabber claw in front of a pile of ferrous scrap
15 April 2022
|
Published in issue 8/2022
|
Ann Kühlers
|
~ 5 min
The ferrous scrap markets have overcome the initial shock of the outbreak of war in Ukraine, but the general unease continues. Market participants are still coming to terms with the economic fallout of the war and trying to...
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Photo of a scrapyard with a worker cutting a metal sheet using a torch cutting tool.

Alba seeks strategic investor for majority stake in metals recycling business

Photo of a scrapyard with a worker cutting a metal sheet using a torch cutting tool.
23 March 2022
|
Published in issue 6/2022
|
~ 2 min
Alba Group is putting its ferrous and non-ferrous metals recycling business up for sale. The German company is considering a sale of shares in its publicly listed subsidiary Alba SE as well as the possibility of taking on a...
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Business
Crane with grabber claw in scrap yard

Ferrous scrap prices surge to record highs as war in Ukraine causes upheaval

Crane with grabber claw in scrap yard
23 March 2022
|
Published in issue 6/2022
|
Christoph Schmidt
|
~ 5 min
The war against Ukraine and its countless knock-on effects continue to dominate the conversation in all areas of private and professional life. The steel industry is no exception here, and the impact of Russia’s invasion of...
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