France’s aluminium scrap export is estimated to increase in 2017

<p>France is <span>one of the key growth</span>&nbsp;markets in European aluminium industry which grew by 2.4% year on year.&nbsp;Packaging, building and the automotive sectors are the major demand drivers for the aluminium in the country.</p> <p>Aluminium scrap remains a significant resource to be used as raw material to produce secondary aluminium and subsequently new aluminium products.&nbsp;. The country exports about 400,000&nbsp;tons of aluminium scrap every year. Italy consumes the largest chunk of aluminium scrap export by France.</p> <p>Earlier reports&nbsp;have showed that the aluminium scrap export has seen a decline in the country. Many scrap dealers have reported more than adequate stock levels. In 2017, the aluminium scrap export by the country is expected to rise.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/FRANCE%20EXPORT%20IN%20TONNES.png" alt="news" width="698" height="284" /></p> <p>According to the recent estimate, in 2015, France exported 482483 tonnes of aluminium scrap worldwide. Compared to 2015, in 2016, the country exported an estimated&nbsp;451628 tonnes of aluminium scrap. The aluminium scrap export by France is estimated to increase steadily in 2017. The country is estimated to export around 486661 tonnes of aluminium scrap.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/FRANCE%20export%20in%20value.png" alt="news" width="696" height="235" /></p> <p>In 2015, the total revenue from the export was US$ 590.54 million. The country generated revenue of approximately US$ 472.33 million from the export of aluminium scrap in 2016. In 2017, the revenue from export is estimated to be about&nbsp;US$ 505.42 million.</p> <p>{googleAdsense}</p> <p>In 2016, Italy alone imported 109227 tonnes of aluminium scrap from France. The country exported around 98467 tonnes and 78781 tonnes of aluminium scrap to Spain and Belgium respectively.</p>