US aluminium scrap exports to India heighten by 234.33% in April’22

Aluminium is becoming increasingly popular as a new alternative to steel, especially in the production of electronics, building parts, kitchenware, jar lids and even transportation. In response, companies are using aluminium packaging instead of conventional metal packaging. The shift to a sustainable society with lightweight electric vehicles has expanded aluminium utilisation in the transportation industry.

United States exported 33,400 tonnes of aluminium scrap to India in April 2022, which heightened by 23,410 tonnes or 234.33 per cent from 9,990 tonnes in March. On the other hand, in March M-o-M decline of 1,610 tonnes or 13.87 per cent was recorded from 11,600 tonnes in February.  In February a hike of 300 tonnes or 2.65 per cent was recorded from 11,300 tonnes in January.

As per the USGS statistics, a Y-o-Y escalation of 3,100 tonnes or 10.23 per cent was witnessed in April 2022 from 30,300 tonnes in April 2021. In April 2022, the United States exported 161,000 tonnes of aluminium scrap, which went on to augment by 123,100 tonnes or 324.80 per cent M-o-M from 37,900 tonnes in March. Also, in March, a surge of 3,200 tonnes or 9.22 per cent was seen from 34,700 tonnes in February. Based on the USGS data in February, the amount of aluminium scraps exported by the United States escalated by 2,400 tonnes or 7.43 per cent, from 32,300 tonnes in January.

Recycling aluminium is therefore crucial to reducing the amount of rubbish that ends up in landfills. Recycling aluminium conserves 95% of the energy required to produce the same quantity of aluminium from scratch. Compared to steel, the use of aluminium in multiple sectors are increasing rapidly.