Canada cuts its crude metal and alloys exports to the US by 4% YoY in February
Canada’s exports of crude metal and alloys to the US fell by 3.97% or 6.000 tonnes year-on-year to 145,000tonnes in February 2020. On a month-on-month comparison, exports registered a decrease of 31.92% from 213,000 tonnes, according to the latest Mineral Industry Survey report from US Geological Survey.
Canada exported 344,000 tonnes of crude metal and alloys to the US in the first two months of 2020, from 270,000 tonnes exported in the first two months of 2019. That was up 27.41% year-on-year.
Canada’s exports of total aluminium (crude metal and alloys, aluminium semi-finished products, scrap) stood at 150,000 tonnes in February, a decrease of 23.08% year-on-year and 31.82% month-on-month. Aluminium exports amounted to 356,000 tonnes in the first two months of this year, a decrease of 1.11%.
On the import side, Canada imported 7,760 tonnes of crude metal and alloys from the US in February, representing an increase of 2.11% from 7,600 tonnes in February 2019. Imports decreased by 8.71% from January 2020. For the first two months of 2019, crude metal and alloys import came in at 16,300 tonnes, from 16,700 tonnes for the first two months of 2019.
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