Global aluminium scrap trade trend: US sells, Asia buys
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Ever since the emergence of recycled aluminium as a key lever for both decarbonisation and supply security in the industry, the United States (US) has emerged as one of the world’s leading exporters of aluminium scrap, with a well-established collection network and surplus generation. Large volumes of US-origin scrap are shipped to processing hubs in Asia, indicating a strategic supply corridor between the West and the East.
That being said, with the stark demand surge for recycled aluminium across the world, the US has also been weighing the value of the metal, and as advised by the Aluminium Association, looking to treat its “aluminium scrap as a strategic asset.”
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Geopolitical disruptions and a stronger dollar combined to keep aluminium prices volatile under pressure
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