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29 JANUARY 2016 AL CIRCLE

China’s scrap aluminium imports declined while exports inched higher in December

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China imported 167,191 mt of scrap aluminium in December 2015 and 2,086,952 mt of the same commodity during the twelve months period ending 31st December, 2015, according to the data published by the country’s General Administration of Customs in their recently published Exim report.

The monthly import figures for December showed a 26.8 per cent decline from the corresponding period last year, while the January-December figures indicated at a 9.5 per cent year-on-year (y-o-y) drop in imports.

According to the GAC data, China shipped around 139 mt and 1043 mt of scrap aluminium in December and during January-December period respectively. The monthly data shows 50.75 per cent increase while the yearly data indicates at a 7.4 per cent increase in scrap aluminium shipments y-o-y from China to the international markets.

Tagged with:

Aluminium scrap China

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