Saudi Arabia becomes an export hub for aluminium scrap in the East

<p>The Kingdom of Saudi Arabia has positioned itself as a major hub for scrap metal recycling. However, despite that Saudi Arabia exports most of the scrap it generates.</p> <p>According to the recent estimate, in 2015, Saudi Arabia exported <strong>211,045</strong> tons of aluminium scrap globally. The top importers are India, Pakistan, South Korea, Brazil and USA. Domestically, the country has exported a substantial amount to UAE. &nbsp;Notably, India alone imported 107,248 tons of aluminium scrap from Saudi Arabia.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/saudi%20scrap%20export2.jpg" alt="News" width="517" height="226" /></p> <p>The total cost of the export amounts to about US$ 440 million tons.</p> <p>Compared to 2015, in 2016, Saudi Arabia is estimated to export an estimated 232,862 tons of aluminium scrap globally. The top importers are India, Pakistan, South Korea, Brazil and USA.&nbsp; The total cost of the export amounts to US$ 525 million tons for the estimated amount.&nbsp; This records a growth of 10.3 % YOY. India imported 117,855 tons of aluminium scrap from Saudi Arabia in 2016(estimated).</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/saudi%20scrap%20export1.jpg" alt="" width="517" height="226" /></p> <p>On an YTD comparison, Saudi Arabia exported an estimated 116,080 tons of aluminium scrap from January to June in 2016 which recorded a growth of 7.3 % from 108,112 tons of aluminium scrap exported in the same period of 2015.</p> <p>Saudi Arabia houses Ma&rsquo;aden Aluminium (MA), a joint venture between the Saudi Arabian Mining Company (Ma&rsquo;aden) and Alcoa that started operations in 2014. The US$10.8b project is expected to be the largest and most efficient integrated aluminium complex in the world once it is completed.</p> <p><strong>{googleAdsense}</strong></p> <p>MA&rsquo;s facilities include a bauxite mine, an alumina refinery, aluminium smelter, can sheet rolling mill and automotive mill at Ras Al Khair, 90 km north of Jubail in the Eastern Province.</p> <p>The Ma&rsquo;aden rolling mill has capacity to produce 380,000 mtpy of rolled products like food grade can sheet and construction applications. MA also has a can recycling unit with a capacity to recycle 120,000 mtpy of UBC and it is expected to boost a new recycling industry in Saudi Arabia.</p> <p><span style="border-radius: 2px; text-indent: 20px; width: auto; padding: 0px 4px 0px 0px; text-align: center; font: bold 11px/20px 'Helvetica Neue',Helvetica,sans-serif; color: #ffffff; background: #bd081c url('data:image/svg+xml;base64,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') no-repeat scroll 3px 50% / 14px 14px; position: absolute; opacity: 1; z-index: 8675309; display: none; cursor: pointer;">Save</span></p>