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28 FEBRUARY 2019 AL CIRCLE

UK’s aluminium structures import estimated to lower in 2019 after subdued growth in construction sector

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Aluminium is the second most widely specified metal in building after steel, and is used in all sectors from commercial building to domestic dwelling. 25 per cent of all aluminium produced worldwide is used in construction.  Window frames, panels, domed roofs and other wide-span constructions and ornaments are increasingly made with aluminium these days. The minimum design service life of aluminium structures is 80 years.

Following the trend, even the United Kingdom uses 40 per cent of its annual aluminium production in the construction industry, which equates to roughly 150,000 tonnes of aluminium per annum, of which approximately 65,000 tonnes is extruded products, and 25,000 tonnes sheet materials. Besides, the country secures a significant amount of aluminium structures from all around the globe.

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According to the international export-import data, the United Kingdom in 2018 imported 81,036 tonnes of aluminium structures, up 20 per cent from 67,481 tonnes in 2017. However, this year, the country is estimated to import 69,224 tonnes, down 15 per cent from 2018, but up 3 per cent from 2017.

This decline in import volume could be possibly because of the plunge in country’s construction sector towards the end of 2018. According to a report, construction companies had hit a weaker patch during the last month of 2018 as new orders increased at a relatively subdued pace and wet weather disrupted work.

Per the export-import data, the UK’s aluminium structures import cost is also estimated to stand down in 2019, in tandem with the lowered volume of import. This year, the cost is likely to be at US$401 million, 9 per cent down compared with the import cost of US$440 million in 2018.  In 2017, on the other hand, the import cost was at US$342 million. This indicates that in 2018 the UK saw a 29 per cent year-on-year rise in aluminium structures import cost, along with the growth in import volume.

Nonetheless, analysts said construction companies should be hoping that the government would push to get other infrastructure projects up and running this year. This in the coming time may trigger the country’s aluminium structures import.


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EDITED BY : DEBANJALI SENGUPTA 2MINS READ

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