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29 AUGUST 2019 AL CIRCLE

The US exports of aluminium scrap up 14% YoY in the first six months of 2019; China and South Korea top the importer list

EDITED BY : HEENA IQBAL 1MINS READ

The US exports of aluminium scrap in June stood 9.66% higher than the same period last year. Exports came in at 159,000 tonnes in June 2019. On a month-on-month comparison, aluminium scraps exports dropped by 1.85% from May’s export volume of 162,000 tonnes, according to the latest report from US Geological Survey.

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In the first half of 2019, the US exported 944,000 tonnes of aluminium scrap, from 828,000 tonnes exported in the first half of 2018. This records an increase of 14.01% year-on-year.

ALUMINIUM SCRAP

China, South Korea, and India remained to be the top three aluminium scrap importers from the US in June 2019.

The US exported 31,800 tonnes of aluminium scrap to China in June 2019. That was down 15.2% from 37,500 tonnes exported in June 2018. Aluminium scraps exports reduced by 6.19% month-on-month. In the first six months of this year, total exports came in at 223,000 tonnes.

red mud

Aluminium scrap exports to South Korea and India stood at 22,500 tonnes and 21,900 tonnes in June 2019. Exports to South Korea and India were up 7.66% and 20.99% year-on-year in June. In the first half of 2019, South Korea and India imported 137,000 tonnes and 129,000 tonnes of aluminium scrap, respectively.


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EDITED BY : HEENA IQBAL 1MINS READ

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