While the United States witnessed a modest uptick in aluminium imports during Q1 2025, aluminium exports took a noticeable plunge. Not by a marginal 10,000 or 20,000 tonnes, but a steep 95,000 tonnes year-on-year. From 854,000 tonnes in Q1 2024, US aluminium exports (including scrap) shrank to 759,000 tonnes in Q1 2025, marking an 11 per cent annual decline.
This decline, however, isn’t evenly spread across all aluminium product categories or destinations, and it raises questions about the underlying shifts in global aluminium trade dynamics.
Exports across the board
According to recent figures from the US Geological Survey, the fall in aluminium exports touched all categories - crude metal and alloy, semi-fabricated products, and even scrap, though to varying degrees. Crude metal and alloy exports dropped by a staggering 37 per cent year-on-year, while semi-fabricated exports (bars, sheets, plates) fell by 13.6 per cent. Scrap, the most resilient of the three, edged down by just 1.6 per cent, primarily due to a dip in March.
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