November records a strong monthly surge of 12.64% in US aluminium scrap exports with Thailand bagging the top position
The United States is one of the leading aluminium scrap exporters in the world. As per the United States Geological Survey (USGS) data, in November 2024, a total of 196,000 tonnes of aluminium scrap was exported from the US, which, when compared to Y-o-Y, reflected a significant surge of 20.24 per cent or 33,000 tonnes. For November 2023, the amount stood at 163,000 tonnes.
The USGS data further revealed that from January to November (2024), a total of 1,920,000 tonnes of aluminium scrap was exported from the US. Y-o-Y comparison showed that for the same span of time in 2023 a total of 1,900,000 tonnes of scrap was exported, recording a modest year-to-date (Y-T-D) hike of 20,000 tonnes.
Month-on-month (M-o-M), aluminium scrap exports in November recorded a substantial 12.64% growth (22,000 tonnes) compared to October, which saw exports settle at 174,000 tonnes. The data also highlighted fluctuations in overall M-o-M export volumes, further illustrated in the graphical representation below.
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