NewsRecycled ALThe US Aluminium scrap export to Malaysia is riding high from May’19 – Oct’19
24 FEBRUARY 2020AlCircleNews

The US Aluminium scrap export to Malaysia is riding high from May’19 – Oct’19

Edited by : Rupankar Majumder
2 min read
The US Aluminium scrap export to Malaysia is riding high from May’19 – Oct’19

The US aluminium scrap export to Malaysia has been riding high from May-Oct’19 with total export volume stood at 158,200 tonnes.

US export of Aluminium Scrap to Malaysia

The aluminium scrap export to Malaysia in May’19 was recorded at 20,200 tonnes, whereas in June’19 it stood at 21,400 tonnes, a rise of 5.88%, with more than 1200 tones.

The month of July’19 showed a bit de-growth by 7.47%, with a total volume of export accounted for 19,800 tonnes, a deficit by volume of 1600 tonnes.

Again in August’19, the US export of aluminium scrap stood at 25,800 tonnes, a rise by 30.30% and the excess volume stood at 6000 tonnes.

The scrap export in September’19 stood at 30,900 tonnes, with an increase in volume by 5,100 tonnes, a growth by 19.76% from the preceding month. The aluminium scrap export market to Malaysia in August’19 & September’19 showed a good development by 30.30% & 19.76% consecutive growth.

In October’19, there was a steep growth in the aluminium scrap export to Malaysia which was recorded at 40,100 tonnes, a rise by 29.77% and in excess volume over of 9200 tonnes from the previous month.

Global Aluminium Industry Outlook 2020

The total scrap export for the month of Sept’18 & Oct’18 was recorded 32,600 tonnes and in the same phase in 2019, it stood at 71,000 tonnes. Rise by 54% and in volume by 38,400 tonnes.

 

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