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27 MARCH 2020 AL CIRCLE

India’s import of aluminium scrap from the US stands 25.46% higher in 2019

EDITED BY : HEENA IQBAL 1MINS READ

The US exports of aluminium scrap have been declining month-on-month. Exports stood at 140,000 tonnes in December 2019, with a year-on-year decrease of 16.17%, according to the latest report from the US Geological Survey. Exports dropped by 7.28% from November’s export of 151,000 tonnes and 10.83% from October’s export of 157,000 tonnes.

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For the full year 2019, the US exported 1.86 million tonnes of aluminium scrap, an increase of 5.68% from 1.76 million tonnes in 2018.

Aluminium scrap exports to India came in at 30,800 tonnes in December 2019. Exports climbed by 42.59% year-on-year and 31.62% month-on-month. The US had exported 21,600 tonnes and 23,400 tonnes in December 2018 and November 2019.

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For the full year 2019, India imported 271,000 tonnes of aluminium scrap from the US as compared to 216,000 tonnes in 2018. This marked an increase of 25.46% year-on-year.

India imported 273,000 tonnes of aluminium (crude metals and alloys, semi-finished products, and scrap) from the US in 2019, an increase of 23.53% year-on-year. The country had imported 221,000 tonnes of total aluminium in 2018.


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EDITED BY : HEENA IQBAL 1MINS READ

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