NewsPrimary ALH1 2024: US aluminium crude metal and alloy imports decline due to less contribution by UAE and Australia
07 OCTOBER 2024AlCircle.com

H1 2024: US aluminium crude metal and alloy imports decline due to less contribution by UAE and Australia

Edited by : Debanjali Sengupta
2 min read
H1 2024: US aluminium crude metal and alloy imports decline due to less contribution by UAE and Australia

In the first half of 2024, the United States aluminium crude metal and alloy imports recorded a year-on-year decline of 7.04 per cent. Although the import volume increased Q-o-Q in the June quarter, it was not enough to offset the total deterioration of H1. From 911,000 tonnes in Q1, the United States aluminium crude metal and alloy imports rose to 940,000 tonnes in Q2, marking a gain of 3.18 per cent.

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US aluminium crude metal and alloy imports decline in H1 due to less contribution by UAE and Australia

Year-on-year, the import volume in the second quarter edged a decline of 16.59 per cent from 1.127 million tonnes, which primarily resulted in a downward trajectory through H1 2024. The year-on-year growth in the United States Q1 imports of about 5.8 per cent (from 861,000 tonnes to 911,000 tonnes) was too little to mitigate the overall downturn.

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